Overview
What is Lopez Thrift Shop Inc?
Lopez Thrift Shop Inc is a nonprofit organization situated on Lopez Island. Their primary mission involves operating a used clothing store, utilizing volunteer labor and donated merchandise. The primary objective of this thrift shop is to generate funds, which are subsequently channeled towards supporting various deserving Lopez Island organizations that are classified as 501(c)(3). In essence, the thrift shop functions as a means to raise capital for these local nonprofit entities.
Official website here: www.lopezthriftshop.org
Is Lopez Thrift Shop Inc legitimate?
Lopez Thrift Shop Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lopez Thrift Shop 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.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
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For more financial information, click here
Official website here: www.lopezthriftshop.org
What is the mission statement of Lopez Thrift Shop Inc?
Lopez Thrift Shop Inc's mission is centered around operating a used clothing thrift store, utilizing volunteer labor and donated goods. The primary objective is to generate funds, which are then allocated to deserving 501(c)(3) organizations on Lopez Island. In essence, the thrift shop serves as a means to provide financial support to various charitable organizations in the community.
Official website here: www.lopezthriftshop.org
What is the revenue of Lopez Thrift Shop Inc?
Lopez Thrift Shop Inc's revenue in 2023 was $108,082.
Official website here: www.lopezthriftshop.org
Who are the executives of Lopez Thrift Shop Inc and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.lopezthriftshop.org
Where can I find the form 990EZ for Lopez Thrift Shop Inc?
Lopez Thrift Shop Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.lopezthriftshop.org
Learn more at the official website: www.lopezthriftshop.org
Mission Statement of Lopez Thrift Shop Inc
Lopez Thrift Shop Inc is a nonprofit organization with a mission to operate a used clothing store. The shop relies on volunteer labor and donated goods to raise funds. These funds are then allocated to deserving 501(c)(3) organizations based on Lopez Island. Essentially, the thrift shop serves as a platform to generate financial support for local charitable organizations. By selling second-hand clothing and other donated items, Lopez Thrift Shop Inc contributes to the well-being of various community-focused organizations on Lopez Island.
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Impact
October, 2024
Lopez Thrift Shop Inc plays a significant role in the community by operating a thrift shop that focuses on providing affordable used clothing. Through the dedication of volunteers and the generous donations from the public, the shop not only serves as a valuable resource for residents in Lopez Island but also acts as a fundraising conduit for local 501(c)(3) organizations. These funds are essential for supporting various initiatives and programs that benefit the community, enhancing the overall quality of life for its residents. By creating a sustainable model for generating financial support, Lopez Thrift Shop Inc strengthens local human services and fosters a spirit of generosity and cooperation among community members.
This information is meant to be a general summary of Lopez 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 2023.
- Investment Income: $20
- Gross Receipts: $108,082
Assets and Liabilities:
- Total Assets: $442,536
- Total Liabilities: $1,802
- Net Assets: $440,734
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Organization Details
Principal Officer
Migael Scherer
Website
www.lopezthriftshop.orgNTEE Category
Code: P29 - Human services
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