Thrift Shop Of Fruita Inc

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

EIN: 841542787 ✦ Fruita, CO ✦ Designated as a 501(c)(3)

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Overview

What is Thrift Shop Of Fruita Inc?

Thrift Shop of Fruita Inc, situated in Fruita, Colorado, is a community-driven nonprofit organization. Its primary mission is to operate a local thrift shop, where volunteers contribute and accept donations. The proceeds from these sales are redistributed in the form of grants and scholarships to various local non-profit groups, organizations, and underprivileged individuals within the community, focusing on education and social welfare. The shop serves as a valuable resource, providing an opportunity for the community to support one another while promoting sustainability and charity.

Is Thrift Shop Of Fruita Inc legitimate?

Thrift Shop Of Fruita Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thrift Shop Of Fruita 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

What is the mission statement of Thrift Shop Of Fruita Inc?

Thrift Shop Of Fruita Inc operates a local thrift store, relying on volunteer efforts and community donations. The primary objective of this organization is to utilize the profits earned from the thrift shop to provide grants and scholarships to various local non-profit entities. These grants and scholarships are intended for initiatives related to education, social welfare, and supporting underserved communities. By doing so, Thrift Shop Of Fruita Inc aims to contribute positively to the community's well-being.

Who is the CEO of Thrift Shop Of Fruita Inc?

Nancy Beavers is the Scheduler of Thrift Shop Of Fruita Inc.

What is the revenue of Thrift Shop Of Fruita Inc?

Thrift Shop Of Fruita Inc's revenue in 2022 was $281,021.

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

There 25 volunteers at Thrift Shop Of Fruita Inc.


Here are 6 key members and their salaries:


Charlene Longhorn (Scheduler)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georgia Goodwin (At Large Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Beavers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kayren Goss (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Gardea (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Cary King (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Thrift Shop Of Fruita Inc?

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

Mission Statement of Thrift Shop Of Fruita Inc

Thrift Shop of Fruita Inc, a non-profit organization, is dedicated to operating a local thrift shop. This shop relies on volunteer efforts and community donations to stock its inventory. The primary objective of Thrift Shop of Fruita Inc is to generate profits from the sales of these donated items. Rather than keeping these profits for itself, the organization chooses to distribute them as grants and scholarships to other local non-profits. These grants and scholarships are intended to support various initiatives, including education, social welfare, and aid for underserved members of the community. By operating in this manner, Thrift Shop of Fruita Inc plays a crucial role in giving back to its community, ensuring that its resources are utilized to benefit a wide range of local organizations and individuals in need.

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Impact




October, 2024

Thrift Shop of Fruita Inc significantly enriches the local community by operating a thrift shop that relies entirely on volunteer support. The organization's impact is multifaceted, starting with its local economic contribution through providing affordable goods, fostering sustainable practices, and encouraging a culture of giving among community members. By collecting donations and reselling items, it not only helps in reducing waste but also makes essential goods accessible to a broader audience.

The profits generated from the thrift shop are strategically reinvested into the Fruita community through grants and scholarships, particularly benefiting education and social welfare initiatives. This financial support empowers other local nonprofits, enabling them to expand their reach and services to underserved populations. As a result, Thrift Shop of Fruita Inc plays a vital role in promoting education and improving social conditions, ensuring that resources are allocated where they are most needed.

Ultimately, the thrift shop fosters a spirit of community engagement and philanthropy, creating a cycle of support that not only uplifts individuals but also strengthens the communal fabric of Fruita.




This information is meant to be a general summary of Thrift Shop Of Fruita 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
$281,021 (2022)
Expenses
$229,056 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $213
  • Program Service Revenue: $279,536
  • Gross Receipts: $281,021

Assets and Liabilities:

  • Total Assets: $833,831
  • Total Liabilities: $267,779
  • Net Assets: $566,052

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

THRIFT SHOP RECEIPTS

Revenue

$279,148

SCRAP SALES

Revenue

$257

UTILITY REBATE

Revenue

$131

Organization Details

Founding Year

2004

Principal Officer

Nancy Beavers

Main Address

P O BOX 272, FRUITA, CO, 81521

NTEE Category

Code: Z99 - Unknown

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