THE THRIFT SHOP OF BOSTON INC (EIN 041903280) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1934

Legal Domicile

Principal Officer

DANIEL SINGLETON

Phone

6173255300

Tax Period

2024-04-01 to 2025-03-31

THE THRIFT SHOP OF BOSTON INC, founded in 1934, is a small nonprofit in the Human Services sector that reported $563K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

SELL DONATED MERCHANDISE FOR THE BENEFIT OF BOSTON AREA CHILDREN'S SOCIAL SERVICE ORGANIZATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $562,701

Investment Income $352

Other Revenue $0

TOTAL REVENUE $563,053

Expense Breakdown

Grants Paid $200,000

Salaries & Benefits $215,024

Fundraising Expenses $0

Program Expenses $541,442

Other Expenses $156,720

TOTAL EXPENSES $571,744

Year-over-Year Comparison

	2024	2023	Change
Revenue	$563,053	$498,525	+0.1%
Expenses	$571,744	$344,518	+0.7%
Net Income	$-8,691	$154,007	-1.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CELDRA ALLEN	BOARD MEMBER	2.00	Director	$0	$0	$0
CARLOTTA AMES	BOARD MEMBER	2.00	Director	$0	$0	$0
JILL GRIFFIN	CLERK	5.00	Officer Director	$0	$0	$0
CHRIS LANG	BOARD MEMBER	2.00	Director	$0	$0	$0
GAELLE PROSPERE	BOARD MEMBER	2.00	Director	$0	$0	$0
NANCY REID	TREASURER	5.00	Officer Director	$0	$0	$0
ANNE ROBERTSON	BOARD MEMBER	2.00	Director	$0	$0	$0
DANIEL SINGLETON	PRESIDENT	5.00	Officer Director	$0	$0	$0
ELIZABETH SWANSON	BOARD MEMBER	2.00	Director	$0	$0	$0
JUAN TAPIA	BOARD MEMBER	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$563,053	$571,744	$526,128	$-8,691
2024	$498,525	$344,518	$534,846	$154,007
2023	$554,743	$337,419	$532,746	$217,324
2022	$608,764	$333,660	$463,981	$275,104
2021	$399,770	$294,168	$382,155	$105,602
2020	$472,263	$314,245	$370,311	$158,018
2020	$472,263	$314,245	$370,311	$158,018
2019	$494,450	$324,878	$372,863	$169,572

THE THRIFT SHOP OF BOSTON INC