Overview
What is Dav Industries?
Dav Industries is a nonprofit organization situated in Spring Valley, California, with a primary focus on supporting Disabled American Veterans and related organizations. They achieve this through the operation of thrift stores, where the public donates household items. These donations are then sold at the stores, with the proceeds contributing to the welfare of disabled veterans and related organizations. Dav Industries currently employs 259 individuals, demonstrating their commitment to this cause.
Official website here: www.davveteransthriftstores.com
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)**
Dav Industries has earned a solid Three-Star rating from Charity Navigator, indicating a satisfactory performance based solely on Accountability & Finance. The organization's financial health appears robust, evidenced by independent governance and no reported issues regarding asset diversion. Though the rating reflects a commitment to transparency, certain areas such as conflict of interest and whistleblower policies are lacking, which raises concerns regarding overall governance practices.
The organization demonstrated strong fiscal management with an impressive liabilities to assets ratio, highlighting sustainable financial practices. However, the Program Expense Ratio suggests room for improvement, as only 62.87% of the expenses are allocated to programs. The absence of a comprehensive evaluation on Impact & Measurement, Culture & Community, and Leadership & Adaptability limits a full understanding of the organization's operational effectiveness and community engagement.
Not Available.
This AI summary has been generated from information found on Charity Navigator.
Is Dav Industries legitimate?
Dav Industries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dav Industries 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: $3,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,878,595
For more financial information, click here
Official website here: www.davveteransthriftstores.com
What is the mission statement of Dav Industries?
Dav Industries operates thrift stores, selling donated household items from the public. The revenue generated from these sales is utilized to support disabled American veterans and related organizations. The mission of Dav Industries is to contribute to the welfare of disabled veterans by operating thrift stores, where donated items are sold, thereby raising funds for their benefit. By doing so, Dav Industries plays a significant role in supporting the well-being of veterans in need, demonstrating a commitment to their cause.
Official website here: www.davveteransthriftstores.com
Who is the CEO of Dav Industries?
Linda Sundberg is the Past Preside of Dav Industries.
Official website here: www.davveteransthriftstores.com
What is the revenue of Dav Industries?
Dav Industries's revenue in 2023 was $11,282,108.
Official website here: www.davveteransthriftstores.com
Who are the executives of Dav Industries and what are their salaries?
The average compensation at Dav Industries during 2023 was $18,851. There are 259 employees at Dav Industries.
Here are 11 key members and their salaries:
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.davveteransthriftstores.com
Where can I find the form 990 for Dav Industries?
Dav Industries's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.davveteransthriftstores.com
Learn more at the official website: www.davveteransthriftstores.com
Mission Statement of Dav Industries
Dav Industries, a nonprofit organization, is dedicated to supporting disabled American veterans and related organizations. They accomplish this mission by operating thrift stores that sell donated household items received from the public. These donations are then sold at their stores, with the proceeds directly contributing to the welfare of these veterans and related organizations.
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Impact
July, 2024
Dav Industries makes a significant impact by operating thrift stores that sell donated household items to benefit disabled American veterans and related organizations. The proceeds generated from these thrift store operations are crucial in supporting and assisting those who have served our country and are in need of assistance. By providing a platform for the public to donate items and shop for a cause, Dav Industries plays a vital role in serving and giving back to disabled veterans in the community.
This information is meant to be a general summary of Dav Industries. 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: $113,933
- Program Service Revenue: $10,918,685
- Gross Receipts: $11,282,108
Assets and Liabilities:
- Total Assets: $17,940,885
- Total Liabilities: $149,169
- Net Assets: $17,791,716
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MERCHANDISE SALES
Revenue
$10,906,305
RECYCLING INCOME
Revenue
$9,605
MISCELLANEOUS INCOME
Revenue
$2,775
Organization Details
Founding Year
1967
Phone
(619) 337-9244Principal Officer
Linda Sundberg
Main Address
1049 ELKETON BLVD, SPRING VALLEY, CA, 91977
NTEE Category
Code: W300 - Public benefit
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