Overview
What is Restored Inc?
Restored Inc is a nonprofit organization situated in Roselawn, Indiana. Their primary mission is to operate a thrift store, with all profits funneled towards supporting local charitable organizations. Established in a postal box, this organization specializes in reselling donated items to empower its community. With a modest team of 22 employees, Restored Inc plays a significant role in the local area by contributing to the betterment of charitable causes.
Official website here: www.restoredresale.com
Is Restored Inc legitimate?
Restored Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restored 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: $122,928
For more financial information, click here
Official website here: www.restoredresale.com
What is the mission statement of Restored Inc?
Restored Inc, as an organization, operates a thrift store with the primary purpose of generating profits. These profits, in turn, are donated to support various local charitable organizations. The store resells donated items, thereby serving a dual purpose of recycling and fundraising for charitable causes. This initiative contributes to the community by providing financial assistance to local charities, thereby enhancing their ability to carry out their respective missions. The thrift store's operations are geared towards supporting the needs of local charitable organizations, thereby contributing to the overall well-being of the community.
Official website here: www.restoredresale.com
Who is the CEO of Restored Inc?
Lynn Schakel is the President of Restored Inc.
Official website here: www.restoredresale.com
What is the revenue of Restored Inc?
Restored Inc's revenue in 2022 was $436,852.
Official website here: www.restoredresale.com
Who are the executives of Restored Inc and what are their salaries?
The average compensation at Restored Inc during 2022 was $5,588. There are 22 employees at Restored Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.restoredresale.com
Where can I find the form 990 for Restored Inc?
Restored Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.restoredresale.com
Learn more at the official website: www.restoredresale.com
Mission Statement of Restored Inc
Restored Inc, a nonprofit organization, is dedicated to operating a thrift store with a noble purpose. The profits generated from this venture are intended for charitable organizations within the local community. By reselling donated items, Restored Inc contributes to supporting a local school, thereby demonstrating its commitment to uplifting the educational sector in the area. The organization's mission is to make a tangible difference in the lives of residents by channeling resources towards deserving charitable organizations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Restored Inc significantly impacts the local community in Roselawn, IN, by operating a thrift store that resells donated items. The proceeds from these sales are directed towards supporting local charitable organizations and initiatives, with a particular focus on aiding a local school. This model not only promotes sustainable shopping practices by giving pre-owned items a second life but also fosters a spirit of generosity among community members who donate or shop, creating a cycle of giving. By channeling funds into local causes, Restored Inc enhances educational opportunities and addresses various community needs, thereby fostering a more supportive and engaged local environment.
This information is meant to be a general summary of Restored 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.
- Gross Receipts: $438,377
Assets and Liabilities:
- Total Assets: $203,901
- Total Liabilities: $5,728
- Net Assets: $198,173
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2022
Principal Officer
Lynn Schakel
Main Address
PO BOX 414, ROSELAWN, IN, 46372
Website
www.restoredresale.comNTEE Category
Code: Z99 - Unknown
If you are a representative of Restored Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.