Roots Thrift Store Inc

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

EIN: 874065830 ✦ Ellijay, GA ✦ Designated as a 501(c)(3)

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Overview

What is Roots Thrift Store Inc?

Roots Thrift Store Inc is a nonprofit organization situated in Ellijay, Georgia, specifically at 449 Industrial Blvd. Their primary mission is to operate a thrift store, providing a platform to sell used goods. The profits generated from these sales are then channeled towards offering financial assistance to religious and educational entities within the North Georgia area. The thrift store serves as a means to alleviate poverty and support underprivileged individuals in the region. By selling second-hand items, the organization contributes to community development while simultaneously aiding educational and religious organizations in their missions.

Is Roots Thrift Store Inc legitimate?

Roots Thrift Store Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roots Thrift Store 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: $40,070

For more financial information, click here

What is the mission statement of Roots Thrift Store Inc?

Roots Thrift Store Inc's mission is centered around providing relief for underprivileged individuals in North Georgia. They achieve this by operating a thrift store, selling used goods as a means to generate funds. The proceeds from these sales are then utilized to support various educational and religious organizations within the North Georgia region. In essence, Roots Thrift Store Inc serves as a financial aid provider for these organizations, aiming to uplift the community through its thrift store operations.

Who is the CEO of Roots Thrift Store Inc?

Jon Jones is the Board Member of Roots Thrift Store Inc.

What is the revenue of Roots Thrift Store Inc?

Roots Thrift Store Inc's revenue in 2023 was $239,247.

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

The average compensation at Roots Thrift Store Inc during 2023 was $20,035. There are 2 employees and 20 volunteers at Roots Thrift Store Inc.


Here are 7 key members and their salaries:


Renee Dotson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherene Moyers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Walker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Jones (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Lopez (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Hensley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Roots Thrift Store Inc?

Roots Thrift Store Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Roots Thrift Store Inc

Roots Thrift Store Inc is dedicated to supporting the less fortunate individuals in North Georgia. Their mission, as stated, is to alleviate poverty and distress among underprivileged people in the region through the sale of second-hand goods. The profits generated from these sales are then utilized to aid educational and religious organizations within North Georgia. By operating a thrift store, Roots Thrift Store Inc is able to provide financial assistance to entities that share similar goals and values, thereby contributing to the betterment of the community.

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Impact




October, 2024

Roots Thrift Store Inc significantly impacts the North Georgia community by providing essential resources to those in need. By operating a thrift store that sells used goods, the organization alleviates financial burdens for the poor, distressed, and underprivileged individuals in the region. The proceeds generated from these sales are vital in supporting local educational and religious organizations, enhancing community welfare and development.

The store serves as a crucial resource for low-income families, allowing them to access affordable clothing, household items, and other necessities. This not only contributes to economic relief but also promotes sustainability through the recycling of goods. Furthermore, the funding directed to religious and educational entities fosters growth and support in the community, ensuring that vital services and programs continue to operate and thrive.

Overall, Roots Thrift Store Inc plays a pivotal role in addressing immediate needs while simultaneously empowering local institutions that contribute to the long-term welfare of North Georgia residents.




This information is meant to be a general summary of Roots Thrift Store 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
$239,247 (2023)
Expenses
$211,314 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $106
  • Gross Receipts: $478,387

Assets and Liabilities:

  • Total Assets: $85,283
  • Total Liabilities: $3,435
  • Net Assets: $81,848

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Organization Details

Founding Year

2021

Principal Officer

Jon Jones

Main Address

449 INDUSTRIAL BLVD, ELLIJAY, GA, 30540

NTEE Category

Code: P29 - Human services

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