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Born Again Bargains Inc

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

EIN: 810852392 ✦ Philadelphia, MS ✦ Designated as a 501(c)(3)

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Overview

What is Born Again Bargains Inc?

Born Again Bargains Inc is a locally and privately owned, nonprofit ministry based in Philadelphia, Mississippi. Established in response to community demand, the organization operates a resale store, providing affordable clothing and household items for those in need. The name "Born Again Bargains" symbolizes rebirth, faith in Jesus Christ, and the transformation of unwanted items into valuable treasures for others. With a strong belief in the redemptive power of Jesus, the organization serves its community with dedication and relies on public support to achieve its mission. The focus is on offering essential items and fostering hope during challenging times. The organization employs a team of three individuals, united in their commitment to serve their community.

Is Born Again Bargains Inc legitimate?

Born Again Bargains Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Born Again Bargains 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: $25,338
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,647

For more financial information, click here

What is the mission statement of Born Again Bargains Inc?

Born Again Bargains Inc, as a nonprofit ministry, was established to address the community's desire for a specific type of resale store. The organization's name, Born Again Bargains, encapsulates its mission in several ways. It signifies the rebirth of a store and reflects the organization's belief in Jesus Christ, who they view as God in human form. They believe Jesus died on the cross to pay for human sins and was resurrected as a guarantee of eternal life after death. The store's name also symbolizes the transformation of unwanted or unused items into valuable possessions for others. Lastly, the name brings hope to those in need during difficult times. Born Again Bargains Inc is dedicated to serving its community with the best of its abilities, leveraging community support to achieve its goals. Its focus is to provide valuable items to the community.

Who is the CEO of Born Again Bargains Inc?

Kathryn A Mcnair is the Vp/Secretary of Born Again Bargains Inc.

What is the revenue of Born Again Bargains Inc?

Born Again Bargains Inc's revenue in 2022 was $84,898.

Who are the executives of Born Again Bargains Inc and what are their salaries?

The average compensation at Born Again Bargains Inc during 2022 was $15,662. There are 3 employees at Born Again Bargains Inc.


Here are 2 key members and their salaries:


Judy M Cox (Vp/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn A Mcnair (President)
  • Compensation: $25,338
  • Related: $0
  • Other: $0
Where can I find the form 990 for Born Again Bargains Inc?

Born Again Bargains Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Born Again Bargains Inc

Born Again Bargains Inc, as a nonprofit ministry, was established with a mission rooted in faith and community service. The organization's name, borrowing from Christian symbolism, reflects its twofold purpose. Firstly, it signifies the rebirth of a store, revitalized in response to the community's demand. Secondly, it symbolizes the transformation of unwanted or discarded items into valuable possessions for others in need.

Born Again Bargains Inc is driven by its belief in Jesus Christ, viewing Him as God in human form who paid the penalty for humanity's sins through His crucifixion and resurrection. This faith is not just a belief, but a calling that the organization actively responds to. The name also represents a message of hope for those in difficult times.

The mission of Born Again Bargains Inc extends beyond its name. As a locally and privately owned entity, it is dedicated to serving its community to the best of its ability, with the help of its supporters. Its primary focus is to provide essential items to those in need, offering a second life to unwanted items and spreading hope in times of hardship.

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Impact




October, 2024

Born Again Bargains Inc plays a significant role in the Philadelphia community by addressing the need for affordable clothing and household items. The store emerged in response to local demand, reflecting its commitment to the residents and the unique values it embodies. Its mission goes beyond simple resale; it symbolizes the transformational power of second chances—not just for the items it offers but also for the individuals and families it serves.

By providing gently used goods at accessible prices, the store helps those in financial distress find essential items, fostering a sense of dignity and hope during challenging times. The concept of "rebirth" is central to its identity, capturing the essence of both the items being reused and the spirit of support the organization aims to instill in the community. In this way, Born Again Bargains Inc serves as a vital resource, contributing to both individual well-being and a sense of community cohesion. Through its operations, it reinforces values of compassion, sustainability, and personal renewal, thereby making a lasting impact on the lives of many in Philadelphia.




This information is meant to be a general summary of Born Again Bargains 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
$84,898 (2022)
Expenses
$80,552 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $209,419

Assets and Liabilities:

  • Total Assets: $30,481
  • Total Liabilities: $7,041
  • Net Assets: $23,440

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Organization Details

Founding Year

2015

Principal Officer

Kathryn A Mcnair

Main Address

324 W MAIN ST, PHILADELPHIA, MS, 39350

NTEE Category

Code: P29 - Human services

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