Overview
What is Risen Thrift Inc?
Risen Thrift Inc is a nonprofit organization that flourished during its inaugural year, raising an impressive sum of $82,805.24 by selling pre-owned items. Their primary goal is to extend assistance to their affiliated church while offering more affordable clothing options to the community. The profits generated from the sale of secondhand goods are channeled towards supporting Christ-centered addiction ministries. This nonprofit organization's mission is multifaceted, aiming to nurture the church, provide affordable clothing, and offer assistance to addiction ministries.
Is Risen Thrift Inc legitimate?
Risen Thrift Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Risen Thrift Inc submitted a form 990EZ, 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.
What is the mission statement of Risen Thrift Inc?
Risen Thrift Inc, in its first year of operation, managed to raise an impressive sum of $82,805.24 by selling secondhand goods. The primary objective of this organization is not merely to assist its affiliated church but also to provide affordable clothing to the community. Additionally, Risen Thrift Inc contributes to Christ-centered addiction ministries by channeling a portion of its earnings from the sale of secondhand goods. The organization's mission is centered around offering financial aid and providing a platform for affordable clothing while supporting addiction recovery initiatives.
Who is the CEO of Risen Thrift Inc?
Ronald E Wallace is the President of Risen Thrift Inc.
What is the revenue of Risen Thrift Inc?
Risen Thrift Inc's revenue in 2022 was $162,117.
Who are the executives of Risen Thrift Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $40,172
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Risen Thrift Inc?
Risen Thrift Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Risen Thrift Inc
Risen Thrift Inc, a nonprofit organization, embarked on its mission in its inaugural year, raising an impressive sum of $82,805.24 through the sale of secondhand goods. This endeavor served twofold purposes: it aided the church financially and provided affordable clothing options for its patrons. Beyond its monetary contributions, Risen Thrift Inc also extended its support to Christ-centered addiction ministries. By leveraging the sale of pre-loved items, the organization managed to make a significant impact, not just on its own operations, but also on the lives of those battling addiction and seeking spiritual guidance.
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Impact
October, 2024
Risen Thrift Inc has made a significant impact in its community by generating over $82,000 in its first year from the sale of secondhand goods. This initiative not only supports affordable clothing options for local residents but also directly funds Christ-centered addiction ministries. By providing access to low-cost items, Risen Thrift Inc helps individuals and families manage their budgets more effectively while simultaneously promoting sustainability through the reuse of goods. The organization plays a vital role in addressing social challenges by supporting those in need and contributing to the broader mission of addiction recovery within the community.
This information is meant to be a general summary of Risen 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $136,886
- Gross Receipts: $162,117
Assets and Liabilities:
- Total Assets: $22,687
- Total Liabilities: $0
- Net Assets: $22,687
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Organization Details
Phone
(740) 398-3376Principal Officer
Ronald E Wallace
Main Address
102 E Main Street, Danville, OH, 43014
NTEE Category
Code: P29 - Human services
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