Overview
What is Good Neighbors Thrift Shoppe Inc?
Good Neighbors Thrift Shoppe Inc, located in Lenoir City, Tennessee (37772), is a nonprofit organization that primarily focuses on assisting other charitable organizations by funding their programs. Additionally, they offer scholarships to students in need, providing financial aid for their education. The organization operates from a specific location, with its address detailed in the information provided.
Official website here: www.gnshoppe.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Good Neighbors Thrift Shoppe Inc has achieved a strong rating of 94% from Charity Navigator, indicating effective management and financial health. The organization scored particularly high in Accountability & Finance, showcasing a commitment to transparency and responsibility. Key strengths include a fully independent board, a solid audit committee, and no material diversion of assets, which illustrates robust governance practices.
The organization excels in its financial ratios, with a program expense ratio of 94.19%, suggesting that a significant portion of its funds is directed towards its charitable activities. Additionally, the liabilities to assets ratio of 13.58% indicates a solid financial position, which is crucial for sustainability and growth. The presence of policies related to conflict of interest and whistleblower protections further enhances its accountability.
However, there are some areas for improvement, including the absence of meeting minutes on the website and missing tax forms which should be publicly accessible per IRS requirements. Addressing these limitations could enhance transparency and strengthen donor confidence even further. Overall, Good Neighbors Thrift Shoppe Inc demonstrates a commendable commitment to its mission and responsible financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Good Neighbors Thrift Shoppe Inc?
98% of 21 reviewers on Facebook recommend Good Neighbors Thrift Shoppe Inc. Here is a summary of their reviews:
Shoppers consistently appreciate the affordability of the items at this thrift shop, highlighting the reasonable prices that make it an attractive destination for those in need of essentials. The enjoyment of finding quality used goods at such low prices is a common theme among the reviews.
Moreover, customers offer a practical tip: if you spot something you like, it’s wise to purchase it immediately, as popular items tend to sell quickly. Overall, patrons express satisfaction with the store's offerings, emphasizing the positive shopping experience provided by Good Neighbors Thrift Shoppe.
This AI summary has been generated from reviews found on Facebook.
Is Good Neighbors Thrift Shoppe Inc legitimate?
Good Neighbors Thrift Shoppe Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Neighbors Thrift Shoppe 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: $0
For more financial information, click here
Official website here: www.gnshoppe.org
What is the mission statement of Good Neighbors Thrift Shoppe Inc?
Good Neighbors Thrift Shoppe Inc's mission is centered around assisting various non-profit organizations by providing financial support for their programs. Furthermore, the organization extends its aid to students in need by offering scholarships. In essence, Good Neighbors Thrift Shoppe Inc aims to empower other non-profit organizations and financially disadvantaged students, contributing to the betterment of their respective communities.
Official website here: www.gnshoppe.org
Who is the CEO of Good Neighbors Thrift Shoppe Inc?
Sharon Elmore is the President of Good Neighbors Thrift Shoppe Inc.
Official website here: www.gnshoppe.org
What is the revenue of Good Neighbors Thrift Shoppe Inc?
Good Neighbors Thrift Shoppe Inc's revenue in 2022 was $1,012,283.
Official website here: www.gnshoppe.org
Who are the executives of Good Neighbors Thrift Shoppe Inc and what are their salaries?
There 225 volunteers at Good Neighbors Thrift Shoppe Inc.
Here are 13 key members and their salaries:
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Official website here: www.gnshoppe.org
Where can I find the form 990 for Good Neighbors Thrift Shoppe Inc?
Good Neighbors Thrift Shoppe Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gnshoppe.org
Learn more at the official website: www.gnshoppe.org
Mission Statement of Good Neighbors Thrift Shoppe Inc
Good Neighbors Thrift Shoppe Inc is an organization committed to assisting other non-profit organizations by funding their programs. Beyond this, the thrift shoppe also extends its support to students in need by providing scholarships. In essence, Good Neighbors Thrift Shoppe Inc plays a vital role in uplifting underprivileged non-profits and empowering deserving students through financial aid. This dual mission reflects the shoppe's dedication to fostering community development and promoting educational opportunities for those in need.
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Impact
July, 2024
Good Neighbors Thrift Shoppe Inc has a significant impact on the community by assisting other nonprofits through funding their programs and providing scholarships to students in need. Located in Lenoir City, TN, their mission focuses on supporting the welfare of individuals and organizations in need through their human services initiatives. Their dedication to philanthropy and giving back contributes positively to society and helps those who require assistance the most.
This information is meant to be a general summary of Good Neighbors Thrift Shoppe 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $52
- Program Service Revenue: $1,003,974
- Gross Receipts: $1,012,283
Assets and Liabilities:
- Total Assets: $1,538,130
- Total Liabilities: $208,880
- Net Assets: $1,329,250
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF DONATED GOODS
Revenue
$1,003,974
Organization Details
Founding Year
2004
Phone
(865) 988-9925Principal Officer
Sharon Elmore
Main Address
420 LEEPER PARKWAY, LENOIR CITY, TN, 37772
Website
www.gnshoppe.orgNTEE Category
Code: P29 - Human services
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