Circle Of Faith Inc

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

EIN: 391715347 ✦ Medford, WI ✦ Designated as a 501(c)(3)

Overview

What is Circle Of Faith Inc?

Circle of Faith Inc, located in Medford, Wisconsin, is a nonprofit organization that focuses on providing essential items and assistance to those in need. They primarily collect donations of clothing and household furnishings through various channels, such as churches, media, and word of mouth. These donations are then sorted and displayed in their thrift store, where they are sold at affordable prices. In response to requests from individuals struggling financially, Circle of Faith Inc evaluates their ability to pay and provides free merchandise, reduced prices, or direct cash payment for food and lodging. Additionally, they make referrals to local service organizations or the local social service office to ensure comprehensive support. During the fiscal year, approximately 8,000 people visited their thrift store. With a team of 30 dedicated employees, Circle of Faith Inc works tirelessly to uplift their community.


Is Circle Of Faith Inc legitimate?

Circle Of Faith Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Circle Of Faith 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.

Here are some key statistics you may want to consider:

Executive Compensation: $69,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $335,226

For more financial information, click here


What is the mission statement of Circle Of Faith Inc?
Who is the CEO of Circle Of Faith Inc?
What is the revenue of Circle Of Faith Inc?
Who are the executives of Circle Of Faith Inc and what are their salaries?
Where can I find the form 990 for Circle Of Faith Inc?

Mission Statement of Circle Of Faith Inc

Circle of Faith Inc, a nonprofit organization, focuses on collecting donations of clothing and household furnishings through various channels such as churches, media, and word of mouth. These items are then sorted and displayed in their thrift store, available for purchase at affordable prices. In response to requests from individuals in need of clothing, food, and lodging, Circle of Faith Inc evaluates their ability to pay and provides free merchandise, discounted prices, or direct cash assistance for food and lodging. Additionally, the organization makes referrals to local service organizations or the local social service office, offering a range of support to those in need.

Impact

This information is meant to be a general summary of Circle Of Faith Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Circle Of Faith Inc has a significant impact on the community by providing essential support to those in need. Through their thrift store, they offer clothing and household items at affordable prices, ensuring that even individuals with limited resources can access basic necessities. Additionally, their evaluation process allows for free merchandise, reduced prices, or direct cash payments for food and lodging for those facing financial hardships. By making referrals to local service organizations and social service offices, Circle Of Faith Inc plays a crucial role in connecting individuals with additional support services. With approximately 8,000 visitors to their thrift store in a fiscal year, Circle Of Faith Inc's efforts have tangible and widespread benefits in Medford, WI.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,057
  • Program Service Revenue: $0
  • Gross Receipts: $1,226,264

    • Assets and Liabilities:
  • Total Assets: $910,188
  • Total Liabilities: $56,990
  • Net Assets: $853,198
  • Organization Details

    Founding Year

    1991

    Principal Officer

    Shanna Kestler

    Main Address

    140 SOUTH MAIN STREET, MEDFORD, WI, 54451

    NTEE Category

    Code: P60 - Human services

    If you are a representative of Circle Of Faith 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.