Refresh Thrift Inc

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

EIN: 851282905 ✦ Portage, MI ✦ Designated as a 501(c)(3)

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Overview

What is Refresh Thrift Inc?

Refresh Thrift Inc is a non-profit organization situated in Portage, Michigan, specifically at 8700 Shaver Road. Their primary activity revolves around operating a thrift store, offering a wide range of on-trend clothing, home decor, household goods, and other items. This store serves a dual purpose: all donations and purchases contribute towards supporting individuals in need within the Kalamazoo community. With a small team of just two employees, Refresh Thrift Inc operates with the mission to provide essential resources while also promoting sustainability.


Official website here: www.refreshthrift.org

Is Refresh Thrift Inc legitimate?

Refresh Thrift Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Refresh Thrift 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: $82,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,055

For more financial information, click here


Official website here: www.refreshthrift.org

What is the mission statement of Refresh Thrift Inc?

Refresh Thrift Inc, as a non-profit organization, operates a thrift store that offers fashionable clothing, home decor, household items, and more. The primary objective of this establishment is to support individuals in need within the community of Kalamazoo. By donating items and making purchases, individuals contribute to this cause, thereby aiding those in need within the specific community.


Official website here: www.refreshthrift.org

Who is the CEO of Refresh Thrift Inc?

Morgan Worden is the Executive Di of Refresh Thrift Inc.


Official website here: www.refreshthrift.org

What is the revenue of Refresh Thrift Inc?

Refresh Thrift Inc's revenue in 2021 was $218,616.


Official website here: www.refreshthrift.org

Who are the executives of Refresh Thrift Inc and what are their salaries?

The average compensation at Refresh Thrift Inc during 2021 was $46,374. There are 2 employees and 10 volunteers at Refresh Thrift Inc.


Here are 5 key members and their salaries:


Morgan Worden (Executive Di)
  • Compensation: $82,692
  • Related: $0
  • Other: $0
Brenden Buchanan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Clipfell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzi Clipfell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zoe Worden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.refreshthrift.org

Where can I find the form 990 for Refresh Thrift Inc?

Refresh Thrift Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.refreshthrift.org

Learn more at the official website: www.refreshthrift.org

Mission Statement of Refresh Thrift Inc

Refresh Thrift Inc, a non-profit organization, stands out with its thrift store that offers trendy clothing, home decor, household goods, and more. The mission of this establishment is centered around supporting those in need within the Kalamazoo community. By donating or making a purchase at the store, individuals contribute to this noble cause. The non-profit utilizes the proceeds to provide aid to those who reside in the Kalamazoo area, making it an invaluable resource for the community.

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Impact




October, 2024

Refresh Thrift Inc significantly impacts the Kalamazoo community by providing a curated selection of on-trend clothing, home decor, and household goods at accessible prices. Through the sale of these items, the organization channels essential resources to support individuals and families in need, fostering a culture of giving and community. Each donation and purchase not only encourages sustainable practices by repurposing goods but also directly uplifts those struggling within the local area. The store serves as a vital resource, addressing both economic and social challenges, while promoting a sense of community solidarity and support.




This information is meant to be a general summary of Refresh Thrift 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
$218,616 (2021)
Expenses
$211,174 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $208,075
  • Gross Receipts: $218,616

Assets and Liabilities:

  • Total Assets: $11,424
  • Total Liabilities: $0
  • Net Assets: $11,424

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Programs

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

SALES

Revenue

$208,075

Organization Details

Founding Year

2020

Principal Officer

Morgan Worden

Main Address

8700 SHAVER ROAD, PORTAGE, MI, 49024

NTEE Category

Code: P29 - Human services

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