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Friends Of The Sharehouse Inc

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

EIN: 473072374 ✦ Ann arbor, MI ✦ Designated as a 501(c)(3)

Overview

What is Friends Of The Sharehouse Inc?

Friends of the Sharehouse Inc is a nonprofit organization dedicated to offering high-quality secondhand items to the general public. They conduct sales with donated items and regularly invite other charities serving low-income individuals to bring their clients to the Sharehouse. These clients can select necessary clothing and equipment without any charges. The primary objective of Friends of the Sharehouse Inc is to contribute positively to the community by providing affordable and useful items, thereby supporting individuals in need.


Is Friends Of The Sharehouse Inc legitimate?

Friends Of The Sharehouse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Sharehouse 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $669,866

For more financial information, click here


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

Mission Statement of Friends Of The Sharehouse Inc

Friends of the Sharehouse, a non-profit organization, is dedicated to providing quality used items to the public. Their primary mission is to offer a selection of donated items, such as clothing and equipment, to individuals in need. To accomplish this, they conduct regular sales and also invite other non-profits serving low-income communities to bring their clients to the Sharehouse. The clients can then choose the items they require at no charge. This initiative by Friends of the Sharehouse serves as a valuable resource for those in need, allowing them to acquire essential items without financial burden.

Impact

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




Saturday, July 20, 2024

Friends of the Sharehouse Inc has a significant impact on the community by providing quality used items to the public, particularly benefiting low-income individuals. Through their sales of donated items and partnerships with other nonprofits, they ensure that those in need have access to essential items such as clothing and equipment at no cost. This support helps improve the quality of life for individuals facing financial challenges in Ann Arbor, Michigan. Their work directly addresses the human services needs of the community, making a tangible difference in the lives of those they serve.





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: $0
  • Program Service Revenue: $1,375,221
  • Gross Receipts: $1,375,391

    • Assets and Liabilities:
  • Total Assets: $926,297
  • Total Liabilities: $91,894
  • Net Assets: $834,403
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    DISCOUNTED PRODUCT SALES

    Revenue

    $1,375,221

    Organization Details

    Principal Officer

    Michael Pyle

    Main Address

    5161 JACKSON RD, ANN ARBOR, MI, 48103

    NTEE Category

    Code: P29 - Human services

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