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Fayette Thrift Shop Inc

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

EIN: 581918112 ✦ Fayetteville, GA ✦ Designated as a 501(c)(3)

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Overview

What is Fayette Thrift Shop Inc?

Fayette Thrift Shop Inc is a charitable organization situated in an unspecified location. Their primary activity revolves around operating a thrift shop, where they sell donated items such as clothing and various other goods. The purpose behind this is to generate proceeds, which are then distributed to various other local non-profit organizations. This initiative is carried out with the aim of supporting these 501(c)(3) organizations and contributing to their respective causes.

Is Fayette Thrift Shop Inc legitimate?

Fayette Thrift Shop Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fayette Thrift Shop 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $98,231

For more financial information, click here

What is the mission statement of Fayette Thrift Shop Inc?

Fayette Thrift Shop Inc's primary mission is to support other non-profit organizations. They accomplish this by operating a thrift shop that sells donated items, such as clothing and other goods. The revenue generated from these sales is then distributed to various local charities that fall under the 501(c)(3) category. In essence, Fayette Thrift Shop Inc serves as a platform to channel resources towards the betterment of other non-profit organizations in the community.

Who is the CEO of Fayette Thrift Shop Inc?

Denise Greene is the President of Fayette Thrift Shop Inc.

What is the revenue of Fayette Thrift Shop Inc?

Fayette Thrift Shop Inc's revenue in 2022 was $299,340.

Who are the executives of Fayette Thrift Shop Inc and what are their salaries?

The average compensation at Fayette Thrift Shop Inc during 2022 was $16,372. There are 6 employees and 34 volunteers at Fayette Thrift Shop Inc.


Here are 6 key members and their salaries:


Sally Wallace (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Frasier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Branan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Mcintire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Greene (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Skinner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fayette Thrift Shop Inc?

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

Mission Statement of Fayette Thrift Shop Inc

Fayette Thrift Shop Inc, a non-profit organization, is committed to fulfilling its mission by operating a thrift shop. This shop serves as a platform to sell donated clothing and various goods. The primary objective of Fayette Thrift Shop Inc is to utilize the net proceeds generated from these sales. These funds are then distributed to other local, qualifying non-profit organizations. In essence, Fayette Thrift Shop Inc supports the mission of other 501(c)(3) organizations by channeling its resources towards their causes. This philanthropic approach allows Fayette Thrift Shop Inc to contribute to a wider range of social initiatives within the community, thereby amplifying its overall impact.

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Impact




October, 2024

Fayette Thrift Shop Inc plays a vital role in the community by providing financial support to various local organizations working for social good. By operating a thrift shop that sells donated clothing and goods, it generates net proceeds that are distributed to other 501(c)(3) organizations, amplifying their capacity to serve those in need.

The thrift shop not only offers affordable items to residents but also fosters a culture of sustainability by promoting the reuse of goods. This initiative reduces waste and encourages community members to contribute to a circular economy. The diverse range of products available appeals to a broad audience, helping to strengthen community ties and support local families.

Through its financial contributions, Fayette Thrift Shop Inc directly impacts programs focused on human services, allowing them to expand their reach and improve their services. By supporting these organizations, it enhances the overall welfare of the Fayetteville community, addressing various needs and enriching lives overall.




This information is meant to be a general summary of Fayette Thrift Shop 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
$299,340 (2022)
Expenses
$302,245 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11
  • Gross Receipts: $299,340

Assets and Liabilities:

  • Total Assets: $30,824
  • Total Liabilities: $0
  • Net Assets: $30,824

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Organization Details

Founding Year

1990

Principal Officer

Denise Greene

Main Address

PO Box 1354, Fayetteville, GA, 30214

NTEE Category

Code: P29Z - Human services

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