Overview
What is Mamas House Of Thrift?
Mamas House of Thrift is a nonprofit organization located in a tri-county area, specifically Harnett, Johnston, and Wake Counties, North Carolina. The primary purpose of this organization, as stated in the information, is to provide assistance to local families and individuals who are underprivileged. They aim to enhance access to nutritional meals and essential life necessities for those in need. The entity's mission is to serve this exempt charitable purpose, thereby improving the living conditions of the underprivileged residents in the Fuquay-Varina, NC area.
Official website here: www.mamashouseofthrift.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
Mamas House Of Thrift has received a one-star rating from Charity Navigator, reflecting a score of 54%. This rating is primarily based on the organization's accountability and finance practices. While they demonstrate a reasonable program expense ratio of 80.56%, indicating that a significant portion of their expenses goes toward their programs, there are serious concerns regarding their governance and transparency.
The organization lacks independent board members and does not have a conflict of interest policy or a whistleblower policy, which raises questions about oversight and ethical practices. Additionally, financial statements are not available, and the nonprofit has not posted its tax form on its website, further limiting transparency for potential donors and stakeholders. Despite these shortcomings, Mamas House Of Thrift has maintained a low liabilities to assets ratio, suggesting financial stability in that aspect.
In summary, while Mamas House Of Thrift allocates a large portion of its budget to programs, it faces significant challenges in governance and financial transparency that may deter potential donors. Improving these areas could enhance their overall rating and appeal to supporters looking for accountability in nonprofit organizations.
This AI summary has been generated from information found on Charity Navigator.
Is Mamas House Of Thrift legitimate?
Mamas House Of Thrift is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mamas House Of Thrift 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.mamashouseofthrift.org
What is the mission statement of Mamas House Of Thrift?
Mamas House of Thrift Inc is an organization dedicated to serving its charitable purpose by aiding local families and individuals in need, residing in the tri-county area comprising Harnett, Johnston, and Wake Counties in North Carolina. Their primary objective is to enhance accessibility to nutritious meals and essential life necessities for underprivileged individuals within this community. The entity's mission is centered around improving the living conditions and ensuring the basic needs of the less fortunate are met.
Official website here: www.mamashouseofthrift.org
Who is the CEO of Mamas House Of Thrift?
Janette Rod is the President of Mamas House Of Thrift.
Official website here: www.mamashouseofthrift.org
What is the revenue of Mamas House Of Thrift?
Mamas House Of Thrift's revenue in 2022 was $547,952.
Official website here: www.mamashouseofthrift.org
Who are the executives of Mamas House Of Thrift and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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Official website here: www.mamashouseofthrift.org
Where can I find the form 990 for Mamas House Of Thrift?
Mamas House Of Thrift's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mamashouseofthrift.org
Learn more at the official website: www.mamashouseofthrift.org
Mission Statement of Mamas House Of Thrift
Mamas House of Thrift, as a nonprofit organization, is dedicated to serving its exempt charitable purpose. Its mission is centered around assisting local families and individuals in need, residing in the tri-county area comprising Harnett, Johnston, and Wake Counties, North Carolina. The primary objective of this organization is to enhance access to nutritional meals and basic necessities of life for those who are underprivileged. By doing so, Mamas House of Thrift aims to contribute positively to the well-being of its community, providing a much-needed support system for those in need.
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Impact
July, 2024
Mama's House of Thrift has a significant impact on the local community in the tri-county area of Harnett, Johnston, and Wake Counties in North Carolina. The organization plays a crucial role in improving access to nutritional meals and basic material needs for underprivileged families and individuals in the region. By focusing on serving those in need, Mama's House of Thrift contributes to enhancing the overall well-being and quality of life for residents in the area. Through its charitable mission, the organization positively influences the lives of many individuals and families, helping to alleviate issues related to food insecurity and lack of essential resources.
This information is meant to be a general summary of Mamas House Of Thrift. 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.
- Gross Receipts: $547,952
Assets and Liabilities:
- Total Assets: $90,126
- Total Liabilities: $13,120
- Net Assets: $77,006
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Organization Details
Founding Year
2018
Phone
(910) 514-9448Principal Officer
Janette Rod
Main Address
129 W CORNELIUS HARNETT BLVD, LILLINGTON, NC, 275467854
Website
www.mamashouseofthrift.orgNTEE Category
Code: P29 - Human services
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