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Thriftology Inc

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

EIN: 811512509 ✦ Fredericksburg, OH ✦ Designated as a 501(c)(3)

Overview

What is Thriftology Inc?

Thriftology Inc is a charitable organization located in Fredericksburg, Ohio, specifically at 7927 County Road 201. Their primary activity involves operating a thrift store, where they accept donations of second-hand clothing and household items from the community. The profits generated from selling these donated goods are used to support various ministries that cater to vulnerable children, including orphans and those in need. This nonprofit organization is deeply committed to extending its mission of aiding at-risk children, not just locally, but also on a national and global scale. With a dedicated team of 57 employees, Thriftology Inc is a testament to the power of community efforts in making a significant difference in the lives of underprivileged children.


Official website here: www.missionthriftshop.com

Is Thriftology Inc legitimate?

Thriftology Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thriftology 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: $1,055,316

For more financial information, click here


Official website here: www.missionthriftshop.com

What is the mission statement of Thriftology Inc?

Thriftology Inc, as a non-profit organization, is dedicated to serving at-risk children and orphans, not just within the local community but also on a national and global scale. The thrift store serves as a platform, accepting donations of clothing and household items from the public. The primary objective is to utilize the proceeds from the sales to support various ministries that offer aid to these vulnerable children. By doing so, Thriftology Inc aims to make a significant impact on the lives of these children, providing them with the necessary support and care they need.


Official website here: www.missionthriftshop.com

Who is the CEO of Thriftology Inc?

Derrick Miller is the Chairman of Thriftology Inc.


Official website here: www.missionthriftshop.com

What is the revenue of Thriftology Inc?

Thriftology Inc's revenue in 2022 was $2,087,376.


Official website here: www.missionthriftshop.com

Who are the executives of Thriftology Inc and what are their salaries?

The average compensation at Thriftology Inc during 2022 was $18,514. There are 57 employees and 40 volunteers at Thriftology Inc.

Here are 3 key members and their salaries:

    Brent Miller (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jared Coblentz (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derrick Miller (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.missionthriftshop.com

    Where can I find the form 990 for Thriftology Inc?

    The Thriftology Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.missionthriftshop.com

    Learn more at the official website: www.missionthriftshop.com

    Mission Statement of Thriftology Inc

    Thriftology Inc, a non-profit organization, is dedicated to serving at-risk children and orphans on a global scale. Their primary mission is achieved through the operation of a thrift store, which accepts donations of clothing and household items from the public. The revenue generated from selling these goods is then utilized to support various ministries that provide aid to vulnerable children. By operating in this manner, Thriftology Inc is able to extend its reach and make a significant impact on the lives of at-risk children and orphans, both locally and internationally.

    Impact

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




    Saturday, July 20, 2024

    Thrifotology Inc's impact lies in its mission to serve at-risk children and orphans in the community, the nation, and the world. Through its thrift store operations, Thriftology accepts donations of clothing and home goods from the public, which are then sold to support ministries that provide aid to children in need. By leveraging the generosity of donors and the support of shoppers, Thriftology Inc is able to make a tangible difference in the lives of vulnerable children, offering them hope and assistance through its humanitarian endeavors.





    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: $0
  • Gross Receipts: $4,124,301

    • Assets and Liabilities:
  • Total Assets: $901,394
  • Total Liabilities: $82,255
  • Net Assets: $819,139
  • Organization Details

    Founding Year

    2016

    Principal Officer

    Derrick Miller

    Main Address

    7927 COUNTY ROAD 201, FREDERICKSBURG, OH, 44627

    NTEE Category

    Code: P29 - Human services

    If you are a representative of Thriftology 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.