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Guardian Angel Thrift Inc

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

EIN: 562226170 ✦ Fuquay varina, NC ✦ Designated as a 501(c)(3)

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Overview

What is Guardian Angel Thrift Inc?

Guardian Angel Thrift Inc is a nonprofit organization situated in Fuquay Varina, North Carolina, specifically at 742 North Main Street. Their primary mission revolves around supporting Alzheimer's research and providing employment opportunities for senior citizens and disadvantaged individuals who are in need of work. With a team of 74 employees, they run their operations from this location. Their activities and mission statement both emphasize this dual focus, demonstrating their dedication to both medical research and community employment.


Official website here: www.guardianangelthrift.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Stars)

Guardian Angel Thrift Inc has received an 88% rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization excels in having a majority of independent board members and has no material diversion of assets, showcasing a high level of transparency and ethical governance. The program expense ratio of 93.85% suggests that a significant portion of funds goes directly to its programs, indicating effective resource allocation.

Additionally, the organization scores a perfect 100 in leadership and adaptability, reflecting a commitment to developing its leadership capabilities. The investment in leadership development and adaptability statements highlights forward-thinking strategies and responsiveness to changing needs. This focus on robust leadership ensures that the organization can navigate challenges effectively.

While the data points to several strengths, the overall rating indicates areas for continuous improvement, particularly in enhancing public perception and outreach. As a nonprofit, maintaining a high level of engagement and visibility can further bolster support and funding opportunities.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Guardian Angel Thrift Inc?

82% of 54 reviewers on Facebook recommend Guardian Angel Thrift Inc. Here is a summary of their reviews:

Many patrons express a strong appreciation for the organization, highlighting its growth and positive changes, such as the separation of children's items into a dedicated store. This shift has made it easier for donors and shoppers alike, enhancing the shopping experience while promoting sustainable practices. Additionally, the ability to drop off donations and browse afterward is seen as a convenient and rewarding aspect of visiting the thrift store.

Overall, supporters of Guardian Angel Thrift Inc. commend its commitment to recycling goods and creating a welcoming environment for both donors and customers. The community appears to value the nonprofit's initiatives and continues to return for its affordable and thoughtfully organized offerings.


This AI summary has been generated from reviews found on Facebook.

Is Guardian Angel Thrift Inc legitimate?

Guardian Angel Thrift Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Guardian Angel Thrift 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: $168,270
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,151,692

For more financial information, click here


Official website here: www.guardianangelthrift.org

What is the mission statement of Guardian Angel Thrift Inc?

Guardian Angel Thrift Inc's mission is centered around supporting Alzheimer's research and providing employment opportunities. The organization aims to contribute to advancements in Alzheimer's research while simultaneously offering job opportunities to senior citizens and disadvantaged individuals in need of employment. This dual mission reflects Guardian Angel Thrift Inc's commitment to addressing both medical research and social welfare issues. Through its thrift store operations, the organization provides a platform for employment, enabling its workforce to earn a living while contributing to the community.


Official website here: www.guardianangelthrift.org

Who is the CEO of Guardian Angel Thrift Inc?

Marie Lynette Somers is the President/Ex of Guardian Angel Thrift Inc.


Official website here: www.guardianangelthrift.org

What is the revenue of Guardian Angel Thrift Inc?

Guardian Angel Thrift Inc's revenue in 2022 was $2,782,039.


Official website here: www.guardianangelthrift.org

Who are the executives of Guardian Angel Thrift Inc and what are their salaries?

The average compensation at Guardian Angel Thrift Inc during 2022 was $17,837. There are 74 employees and 45 volunteers at Guardian Angel Thrift Inc.


Here are 11 key members and their salaries:


Laura Gaddis (President/Ex)
  • Compensation: $75,962
  • Related: $0
  • Other: $0
Shari Stocks (Secretary/Op)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
John Mark Daniels (Operations M)
  • Compensation: $25,385
  • Related: $0
  • Other: $0
Marie Lynette Somers (Executive Di)
  • Compensation: $6,923
  • Related: $0
  • Other: $0
Nelsa Cox (Vp Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Freeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David L Gaddis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Holmes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Metcalf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Schreiner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.guardianangelthrift.org

Where can I find the form 990 for Guardian Angel Thrift Inc?

Guardian Angel Thrift Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.guardianangelthrift.org

Learn more at the official website: www.guardianangelthrift.org

Mission Statement of Guardian Angel Thrift Inc

Guardian Angel Thrift Inc is dedicated to supporting Alzheimer's research and providing employment opportunities for senior citizens and disadvantaged individuals who are in need of work. The organization's mission is multifaceted, encompassing both scientific research and community development. By supporting Alzheimer's research, Guardian Angel Thrift Inc contributes to the broader understanding and potential solutions for this debilitating disease. Simultaneously, the nonprofit offers employment opportunities to senior citizens and disadvantaged individuals, providing them with a source of income and an opportunity to contribute to their community. By doing so, Guardian Angel Thrift Inc not only supports individuals in need but also fosters a sense of purpose and dignity among its employees.

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Impact




July, 2024

Guardian Angel Thrift Inc's impact lies in supporting Alzheimer's research and providing meaningful employment opportunities to senior citizens and disadvantaged individuals in need. By driving contributions towards Alzheimer's research, the organization is aiding in the search for a cure and improving the lives of those affected by this debilitating disease. Additionally, by creating job opportunities for seniors and individuals facing disadvantages, Guardian Angel Thrift Inc is helping to enhance their quality of life and promote economic empowerment within the community. Through these efforts, the organization is making a significant impact in the realms of human services, healthcare, and social welfare.




This information is meant to be a general summary of Guardian Angel Thrift 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
$2,782,039 (2022)
Expenses
$2,674,613 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$48,628
  • Gross Receipts: $5,550,835

Assets and Liabilities:

  • Total Assets: $1,507,526
  • Total Liabilities: $36,080
  • Net Assets: $1,471,446

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Organization Details

Founding Year

1999

Principal Officer

Marie Lynette Somers

Main Address

742 NORTH MAIN STREET, FUQUAY VARINA, NC, 27526

NTEE Category

Code: P29 - Human services

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