Overview
What is Fetch Thrift Shop Inc?
Fetch Thrift Shop Inc is a nonprofit organization based in Frederick, Maryland, with a focus on raising funds for animal rescues and providing a safe space for adoptable animals in need of medical care. Through their thrift store, they offer a quality shopping experience in a clean, organized environment, with excellent customer service to encourage repeat business and word-of-mouth promotion. Proceeds from the sale of donated items are used to cover store expenses and issue monetary grants to various animal rescue organizations, most of which are exempt under Section 501(C)(3) of the IRS code. Their mission is to increase pet adoptions and reduce pet overpopulation by supporting spay/neuter programs, as well as caring for the cats in their CozyCat Den through adoption, medical services, and spay/neuter procedures.
Official website here: www.fetchthrift.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% - Three-Star out of Four Stars
Fetch Thrift Shop Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization achieved an impressive score of 81%, which reflects its strong focus on responsible financial practices. This rating is particularly significant as it showcases the nonprofit’s commitment to transparency, with 100% of its board members being independent and no reported material diversion of assets.
The charity excels in several key areas, including a high program expense ratio of 97.85%, suggesting that a substantial portion of its expenditures is directed towards its charitable mission. Additionally, the organization has implemented comprehensive governance policies, including a conflict of interest policy and a whistleblower policy, both of which are crucial for maintaining ethical standards.
While the overall rating is favorable, it is important for potential donors and volunteers to consider that the rating is based solely on accountability and finance. There may be other factors relevant to the organization's impact and effectiveness that are not reflected in this score, so further inquiry into its programs and community engagement might be beneficial.
This AI summary has been generated from information found on Charity Navigator.
Is Fetch Thrift Shop Inc legitimate?
Fetch Thrift Shop Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fetch Thrift Shop 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: $86,587
For more financial information, click here
Official website here: www.fetchthrift.com
What is the mission statement of Fetch Thrift Shop Inc?
Fetch Thrift Shop Inc is dedicated to aiding animal rescue groups and charities in their objectives of increasing adoptions of homeless pets and decreasing pet overpopulation through spay/neuter programs. The organization goes beyond this mission by also adopting and providing medical services, as well as spaying and neutering the cats in their CozyCat Den. Fetch Thrift Shop Inc offers a high-quality thrift shopping experience in a clean, organized retail environment, prioritizing excellent customer service to foster repeat business and positive word-of-mouth. Proceeds from the sale of donated items are utilized to cover store expenses and grant monetary support to various animal rescues, helping to reduce the euthanasia of adoptable pets and find new homes for homeless pets. Most of these grant recipient organizations hold tax-exempt status under Section 501(C)(3) of the IRS Code.
Official website here: www.fetchthrift.com
Who is the CEO of Fetch Thrift Shop Inc?
Charissa Beavers is the President of Fetch Thrift Shop Inc.
Official website here: www.fetchthrift.com
What is the revenue of Fetch Thrift Shop Inc?
Fetch Thrift Shop Inc's revenue in 2022 was $382,897.
Official website here: www.fetchthrift.com
Who are the executives of Fetch Thrift Shop Inc and what are their salaries?
The average compensation at Fetch Thrift Shop Inc during 2022 was $4,329. There are 20 employees at Fetch Thrift Shop Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fetchthrift.com
Where can I find the form 990 for Fetch Thrift Shop Inc?
Fetch Thrift Shop Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fetchthrift.com
Learn more at the official website: www.fetchthrift.com
Mission Statement of Fetch Thrift Shop Inc
Fetch Thrift Shop Inc, a dedicated organization, works towards supporting animal rescue groups and charities in their efforts to increase adoptions of homeless pets and decrease pet overpopulation through spay and neuter programs. The mission extends to Fetch Thrift Shop's very own CozyCat Den, where cats are adopted and provided with medical care, and then spayed or neutered.
In addition to their hands-on work, Fetch Thrift Shop Inc offers a top-quality thrift shopping experience. The store boasts a clean, organized retail environment, where excellent customer service is prioritized to encourage repeat business and spread word-of-mouth promotion. Proceeds from the sale of donated items are used to cover store expenses and fund monetary grants for various animal rescues. These grant recipients, most of which are exempt under Section 501(C)(3) of the IRS code, play a vital role in the mission of reducing the euthanasia of adoptable pets and finding homes for the homeless.
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Impact
October, 2024
Fetch Thrift Shop Inc has a significant impact on animal welfare in the community. By operating a thrift store, it raises funds that directly support various animal rescue groups and charities. These funds are crucial for increasing the adoption rates of homeless pets and reducing pet overpopulation through spay/neuter programs.
The shop not only provides a quality shopping experience but also creates a safe space for animals that require adoption and medical care, particularly through its Cozy Cat Den. This initiative ensures that cats in need receive essential services like spaying and neutering, which are vital for controlling the population of homeless pets.
Moreover, the proceeds from the thrift store aid in issuing monetary grants to other animal rescue organizations, thereby expanding the network of support for homeless pets. In doing so, Fetch Thrift Shop Inc plays a pivotal role in reducing the euthanasia rates of adoptable pets and actively contributes to finding loving homes for those in need. Through community engagement and a focus on excellent customer service, it fosters a culture of compassion and support for animal welfare, encouraging repeat patronage and word-of-mouth promotion, which further enhances its impact.
This information is meant to be a general summary of Fetch Thrift Shop 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 2022.
- Program Service Revenue: $383,740
- Gross Receipts: $383,740
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF MERCHANDISE
Revenue
$307,952
Organization Details
Founding Year
2020
Principal Officer
Charissa Beavers
Main Address
1818 Rosemont Avenue, Frederick, MD, 21702
Website
www.fetchthrift.comNTEE Category
Code: D20 - Animals
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