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Quaker Thrift Store Inc

The Thrifty Quaker Friendshare

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541811064 ✦ Midlothian, VA ✦ Designated as a 501(c)(3)

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Overview

What is Quaker Thrift Store Inc?

Quaker Thrift Store Inc, also known as The Thrifty Quaker or FriendShare, is a nonprofit organization situated in Midlothian, Virginia. Their primary mission involves selling secondhand items to generate funds, which are then donated to various 501(c)(3) charities. Some of the beneficiaries include organizations focused on autism, food banks, housing services, and educational programs. In addition, the nonprofit offers one-time financial aid to individuals in need, who have been referred by trusted sources such as Social Services Agencies. With a team of 10 dedicated employees, Quaker Thrift Store Inc contributes to the betterment of various communities by providing essential support to numerous charitable organizations.


Official website here: www.thriftyquaker.com

Is Quaker Thrift Store Inc legitimate?

Quaker Thrift Store Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quaker Thrift Store Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $28,647
Professional Fundraising Fees: $0
Other Salaries and Wages: $64,698

For more financial information, click here


Official website here: www.thriftyquaker.com

What is the mission statement of Quaker Thrift Store Inc?

Quaker Thrift Store Inc's mission is centered around two key objectives. Firstly, it aims to raise funds for 501(c)(3) charitable organizations by selling second-hand items. This process has resulted in significant contributions to various charities, such as Assisting Families of Inmates, the Autism Society of Central VA, and others. Secondly, the store provides one-time financial aid to individuals in need, who are referred by trusted sources like Social Services Agencies. This initiative is designed to offer a helping hand to those facing financial hardship.


Official website here: www.thriftyquaker.com

Who is the CEO of Quaker Thrift Store Inc?

Howard Brod is the Manager of Quaker Thrift Store Inc.


Official website here: www.thriftyquaker.com

What is the revenue of Quaker Thrift Store Inc?

Quaker Thrift Store Inc's revenue in 2020 was $222,456.


Official website here: www.thriftyquaker.com

Who are the executives of Quaker Thrift Store Inc and what are their salaries?

The average compensation at Quaker Thrift Store Inc during 2020 was $9,334. There are 10 employees and 12 volunteers at Quaker Thrift Store Inc.


Here are 6 key members and their salaries:


Elizabeth Schanz (Manager)
  • Compensation: $32,400
  • Related: $0
  • Other: $0
Monica Rogers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Mccutcheon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Barns (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Brod (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Pope (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thriftyquaker.com

Where can I find the form 990 for Quaker Thrift Store Inc?

Quaker Thrift Store Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.thriftyquaker.com

Learn more at the official website: www.thriftyquaker.com

Mission Statement of Quaker Thrift Store Inc

Quaker Thrift Store Inc, a nonprofit organization, is dedicated to serving a dual mission. Its primary objective is to raise funds for other 501(c)(3) charitable organizations. This is achieved by selling second-hand items, generating revenue that is then distributed to various worthy causes. The store has provided substantial support to numerous charities, including Assisting Families of Inmates, the Autism Society of Central VA, SPICES for Life, Inc., Chesterfield Food Bank, Housing Families First, Sacred Heart Center, Communities in Schools, and Virginia Supportive Housing.

In addition to its charitable fundraising efforts, Quaker Thrift Store Inc also extends a helping hand to individuals in need. It provides one-time financial assistance to people who are referred by reliable sources such as Social Services Agencies. This initiative aims to alleviate temporary hardships and provide a much-needed financial boost to those who are struggling. The store's commitment to both charitable giving and direct aid to those in need reflects its broader mission to contribute positively to its community.

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Impact




October, 2024

Quaker Thrift Store Inc significantly impacts the community by generating funds for various 501(c)(3) charities through the sale of thrift items. This initiative supports diverse organizations, such as the Autism Society of Central Virginia and the Chesterfield Food Bank, contributing thousands to each and enhancing their ability to serve those in need.

Additionally, the store plays a vital role in providing one-time financial assistance to individuals facing hardships, working closely with Social Services Agencies and other trusted sources to ensure that support reaches those who need it most. By addressing both systemic community needs and individual crises, Quaker Thrift Store Inc fosters resilience and provides essential resources, making a meaningful difference in the lives of many in Midlothian, VA, and beyond.




This information is meant to be a general summary of Quaker Thrift Store Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$222,456 (2020)
Expenses
$188,170 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $222,456

Assets and Liabilities:

  • Total Assets: $56,311
  • Total Liabilities: $0
  • Net Assets: $56,311

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Organization Details

Founding Year

1996

Principal Officer

Howard Brod

Main Address

13567 Midlothian Tp, Midlothian, VA, 23113

NTEE Category

Code: P29 - Human services

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