Overview
What is Second Impressions Thrift Store Inc?
Second Impressions Thrift Store Inc is a nonprofit organization situated in Fond du Lac, Wisconsin. Their primary mission involves operating a thrift store primarily with volunteer labor, aiming to support Christian-based education and various charitable organizations. The store serves as an affordable outlet for the community, offering high-quality used clothing and household items at reasonable prices. During the year, the store assisted roughly 53,000 customers through the efforts of 95 volunteers during 297 retail days. The profits generated from the store's operations enable the organization to award charitable grants. Overall, Second Impressions Thrift Store Inc plays a vital role in the Fond du Lac community by providing financial support to charities while offering affordable shopping options for locals.
Official website here: www.secondimpressionsfdl.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
Second Impressions Thrift Store Inc has received a 73% rating from Charity Navigator, indicating a fair level of accountability and financial health. The organization demonstrates strong governance with a fully independent board and a high program expense ratio of 97.29%, suggesting that the majority of its spending is directed towards its programs rather than administrative costs.
However, the organization has notable weaknesses, particularly in its lack of a whistleblower policy and deficiencies in documentation retention, both of which received the lowest possible scores. This raises concerns about transparency and accountability in its operations. While the thrift store appears to be effective in its mission-related activities, these governance issues may hinder its overall performance and trustworthiness in the eyes of potential donors.
Overall, while Second Impressions Thrift Store Inc shows promise in its commitment to serving the community, improvements in governance practices are needed to enhance its credibility and operational effectiveness. Potential supporters may want to consider these factors before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Second Impressions Thrift Store Inc legitimate?
Second Impressions Thrift Store Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Second Impressions 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,576
For more financial information, click here
Official website here: www.secondimpressionsfdl.com
What is the mission statement of Second Impressions Thrift Store Inc?
Second Impressions Thrift Store Inc operates with a mission to run a thrift store primarily utilizing volunteer labor. The primary objective of this thrift store is to support Christian-based education and various charitable organizations. The store provides an opportunity for community members to purchase quality used clothing and household items at affordable prices. The retail operation, supported by approximately 95 volunteers, served around 53,000 customers during 297 retail days. The profits generated from this venture are utilized to distribute charitable grants.
Official website here: www.secondimpressionsfdl.com
What is the revenue of Second Impressions Thrift Store Inc?
Second Impressions Thrift Store Inc's revenue in 2024 was $819,562.
Official website here: www.secondimpressionsfdl.com
Who are the executives of Second Impressions Thrift Store Inc and what are their salaries?
The average compensation at Second Impressions Thrift Store Inc during 2024 was $17,797. There are 7 employees and 120 volunteers at Second Impressions Thrift Store Inc.
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Official website here: www.secondimpressionsfdl.com
Where can I find the form 990 for Second Impressions Thrift Store Inc?
Second Impressions Thrift Store Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.secondimpressionsfdl.com
Learn more at the official website: www.secondimpressionsfdl.com
Mission Statement of Second Impressions Thrift Store Inc
Second Impressions Thrift Store Inc, a nonprofit organization, operates with a mission to support Christian-based education and various charitable organizations. They achieve this through the operation of a thrift store, primarily relying on volunteer labor. The thrift store serves as a community resource, offering families access to quality used clothing and household items at affordable prices. This initiative not only provides a service to the community but also generates profits, which are then utilized to award charitable grants. The thrift store's operations are characterized by its commitment to service, with about 53,000 customers being assisted during 297 retail days, all with the help of 95 dedicated volunteers.
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Impact
July, 2024
Second Impressions Thrift Store Inc's impact is significant, serving about 53,000 customers with the assistance of 95 volunteers during 297 retail days. The profits generated by this thrift store provide funds to award charitable grants, supporting Christian-based education and other charitable organizations. Additionally, the thrift store offers families in the community access to purchase quality used clothing and household items at reasonable prices.
This information is meant to be a general summary of Second Impressions 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $8,031
- Gross Receipts: $819,562
Assets and Liabilities:
- Total Assets: $507,775
- Total Liabilities: $6,463
- Net Assets: $501,312
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Organization Details
Founding Year
2016
Principal Officer
James Livieri
Website
www.secondimpressionsfdl.comNTEE Category
Code: X12 - Religion related
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