Overview
What is World Treasures Inc?
World Treasures Inc is a nonprofit organization situated in Hagerstown, Maryland, with a mission to generate fair income for artisans residing in developing countries. They achieve this through their program, Ten Thousand Villages, which markets the handcrafted products of these artisans in North America. By doing so, they not only provide a source of income but also share the stories of these creators. Additionally, World Treasures Inc engages in used book recycling and operates a Thrift Shop, contributing to their overall mission. As a 501(c)(3) organization, they are involved in various relief and development projects worldwide, under the umbrella of Mennonite Central Committee of Akron, Pennsylvania.
Is World Treasures Inc legitimate?
World Treasures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Treasures 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: $269,840
For more financial information, click here
What is the mission statement of World Treasures Inc?
World Treasures Inc, as a nonprofit organization, is dedicated to providing a fair income to artisans residing in Third World countries. This is accomplished through the marketing of their handicrafts in North America, while simultaneously sharing their stories. The organization also engages in used book recycling activities and operates a Thrift Shop. This initiative, known as Ten Thousand Villages, is a program under Mennonite Central Committee of Akron, PA, which is a 501(c)(3) organization involved in global relief and development efforts.
Who is the CEO of World Treasures Inc?
Jean M Hart is the Principal Officer of World Treasures Inc.
What is the revenue of World Treasures Inc?
World Treasures Inc's revenue in 2022 was $722,440.
Who are the executives of World Treasures Inc and what are their salaries?
The average compensation at World Treasures Inc during 2022 was $11,732. There are 23 employees and 60 volunteers at World Treasures Inc.
Here are 5 key members and their salaries:
- Jean Hart (Chairperson) [Trustee/Director]
- Lucinda Oberholzer (Secretary) [Trustee/Director]
- Carolyn Showalter (Treasurer) [Trustee/Director]
- Al Kennedy (Director)
- Carole Smith (Director)
Where can I find the form 990 for World Treasures Inc?
The World Treasures Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of World Treasures Inc
World Treasures Inc, as a nonprofit organization, is committed to providing a fair income to artisans residing in Third World countries. They accomplish this mission through their marketing program, which showcases and sells the handicrafts created by these artists in North America. By doing so, World Treasures Inc not only provides these artisans with a source of income but also shares their stories with a wider audience. In addition to this, World Treasures Inc engages in used book recycling activities and operates a Thrift Shop, further contributing to their mission of sustainability and social impact. The organization, Ten Thousand Villages, is a program of Mennonite Central Committee of Akron, PA, a 501(c)(3) organization involved in worldwide relief and development.
Impact
This information is meant to be a general summary of World Treasures Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
World Treasures Inc's impact lies in its direct support of Third World artisans by providing them with fair income through its nonprofit marketing program. This facilitates economic empowerment and sustenance for individuals in marginalized communities. Additionally, their initiatives such as book recycling and operating a Thrift Shop not only contribute to sustainable practices but also generate further support for their mission. Overall, World Treasures Inc plays a vital role in fostering economic development and empowerment for artisans in the Third World, thereby making a tangible difference in the lives of many.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ten Thousand Villages
Revenue
$141,631
Used book recycling
Revenue
$277,686
Thrift Shop
Revenue
$248,088
Organization Details
Founding Year
1996
Phone
(301) 797-3020
Principal Officer
Jean M Hart
Main Address
13625C Pennsylvania Ave, Hagerstown, MD, 21742
NTEE Category
Code: Q320 - International
If you are a representative of World Treasures 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.