Overview
What is Lake County Missions Thrift Store?
Lake County Missions Thrift Store is a nonprofit organization located at 415 N Grove St, Eustis, FL 32726. Their primary mission is to assist individuals in temporary crisis by providing essential items such as food, clothing, and household goods. They accomplish this by selling donated items in a peaceful atmosphere. In 2022 alone, they donated over $31,000 worth of clothing and household goods, and over $49,000 worth of food items, to a total of 1,178 and 3,105 clients in need, respectively. The organization is operated by a team of 10 dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Lake County Missions Thrift Store has received a 79% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score reflects the organization's commitment to transparency and responsible financial management, with a comprehensive evaluation based solely on its Accountability & Finance metrics.
The nonprofit showcases several strengths, including a fully independent board of directors and excellent financial ratios. With a program expense ratio of 88.87%, the organization demonstrates a strong focus on directing funds towards its mission rather than administrative costs. The presence of robust policies regarding conflicts of interest and whistleblower protection further underscores its commitment to ethical governance.
While the rating is commendable, it is crucial to note that it is based entirely on financial aspects, without consideration of program impact or donor satisfaction. Stakeholders may want to look for additional information regarding the effectiveness of the programs offered by Lake County Missions Thrift Store in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Lake County Missions Thrift Store legitimate?
Lake County Missions Thrift Store is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake County Missions Thrift Store 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: $61,410
Professional Fundraising Fees: $0
Other Salaries and Wages: $300,328
For more financial information, click here
What is the mission statement of Lake County Missions Thrift Store?
The Lake County Missions Thrift Store's mission is centered around allowing God to shine through their actions, as they provide essential items such as food, clothing, and household goods to individuals experiencing temporary crises. This is accomplished through the sale of donated items in an atmosphere of peace. In 2022, the thrift store donated a significant amount of clothing and household goods worth $31,310 to 1,178 clients in need, as well as providing food items valued at $49,356 to 3,105 clients facing hardship.
What is the revenue of Lake County Missions Thrift Store?
Lake County Missions Thrift Store's revenue in 2024 was $718,234.
Who are the executives of Lake County Missions Thrift Store and what are their salaries?
The average compensation at Lake County Missions Thrift Store during 2024 was $30,145. There are 12 employees and 35 volunteers at Lake County Missions Thrift Store.
Here are 2 key members and their salaries:
- Compensation: $61,410
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lake County Missions Thrift Store?
Lake County Missions Thrift Store's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Lake County Missions Thrift Store
Lake County Missions Thrift Store, a nonprofit organization, strives to let God's light shine through its actions. Its primary mission is to provide essential items such as food, clothing, and household goods to individuals facing temporary crises. This is achieved by selling donated items in a peaceful environment. The thrift store's atmosphere is designed to offer assistance and support to those in need, all while allowing God's presence to be felt.
During the 2022 calendar year, Lake County Missions Thrift Store demonstrated its commitment to this mission by donating $31,310 worth of clothing and household goods to 1,178 clients in need. Additionally, it provided $49,356 worth of food items to 3,105 clients who were also going through difficult times. This substantial contribution significantly aided these individuals in overcoming their temporary crises, providing them with the essentials they needed to continue their daily lives.
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Impact
July, 2024
Lake County Missions Thrift Store has made a significant impact by providing $31,310 worth of clothing and household goods to 1,178 clients in need. Additionally, they have donated $49,356 worth of food items to 3,105 clients in need during the 2022 calendar year. This organization in Eustis, FL, is dedicated to allowing God to shine through them as they support those in temporary crisis through the sales of donated items in an atmosphere of peace. Their work falls under the category of human services, demonstrating a commitment to helping individuals and families in need within their community.
This information is meant to be a general summary of Lake County Missions Thrift Store. 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: $529
- Gross Receipts: $1,187,526
Assets and Liabilities:
- Total Assets: $230,216
- Total Liabilities: $2,419
- Net Assets: $227,797
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Organization Details
Founding Year
2019
Principal Officer
Roy Peters
NTEE Category
Code: P29 - Human services
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