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The Thrifty Nickel Inc

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

EIN: 821186957 ✦ Philadelphia, MS ✦ Designated as a 501(c)(3)

Overview

What is The Thrifty Nickel Inc?

The Thrifty Nickel Inc, situated in Mississippi, is a nonprofit organization with a primary focus on selling secondhand merchandise to fund its charitable activities. Its primary charitable activity, as outlined in its bylaws, is to operate a shelter for homeless men and contribute to the communities where its retail stores are based. The organization provides essential items such as clothing, shoes, food, and small household appliances to families in need, aiming to improve their lives. The Thrifty Nickel Inc's mission involves promoting wellness, hope, and peace among homeless men, with a vision of better lives, families, and communities worldwide through the ministry of Jesus Christ. Its values include hope, love, compassion, and peace.


Is The Thrifty Nickel Inc legitimate?

The Thrifty Nickel Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Thrifty Nickel 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: $154,315

For more financial information, click here


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

Mission Statement of The Thrifty Nickel Inc

The Thrifty Nickel Inc, as per its statement of purpose and bylaws, has been established with the primary mission to support charitable activities, specifically those defined under Section 501(C)(3). The organization achieves this objective by selling used merchandise and other goods. The primary charitable activity, as outlined in Article 2 of the bylaws, is to operate a shelter for homeless men and give back to the communities where its retail stores are located. The organization provides necessary items such as clothing, shoes, food, and small household appliances to families in need, aiming to improve their lives. In alignment with its mission statement, The Thrifty Nickel Inc aspires to provide a pathway of wellness, hope, and peace to homeless men, envisioning better lives, families, communities, and a better world through the ministry of Jesus Christ. The organization's values include hope, love, compassion, and peace.

Impact

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




Wednesday, July 24, 2024

The Thrifty Nickel Inc's impact can be seen in its dedication to providing a pathway of wellness, hope, and peace to homeless men in Philadelphia, MS. Through the sale of used merchandise and other goods, the organization supports its charitable activities, including operating a shelter for homeless men and giving back to the communities where its retail stores are located. The organization also provides clothing, shoes, food, and small household appliances to families in need within the community to improve their lives. By embodying values of hope, love, compassion, and peace, The Thrifty Nickel Inc is making a tangible difference in bettering the lives of individuals and families in need.





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: $514,594
  • Gross Receipts: $514,594

    • Assets and Liabilities:
  • Total Assets: $120,846
  • Total Liabilities: $0
  • Net Assets: $120,846
  • Programs

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

    PROGRAM SERVICE REVENUE

    Revenue

    $514,594

    Organization Details

    Founding Year

    2017

    Principal Officer

    Ricky L Rogers

    Main Address

    1120 EAST MAIN STREET SUITE 17, PHILADELPHIA, MS, 39350

    NTEE Category

    Code: P29 - Human services

    If you are a representative of The Thrifty Nickel 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.