NEW 2 YOU FAMILY THRIFT INC

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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

2006

Legal Domicile

Phone

5073851455

Tax Period

2024-01-01 to 2024-12-31

NEW 2 YOU FAMILY THRIFT INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $365K in total revenue in fiscal year 2024. Expenses of $352K left a modest 4% surplus.

Mission

PROVIDING FUNDING FOR SCHOOLS AND CHURCHES.

Program Service Accomplishments

Program 1

Expenses: $344,689

THE ORGANIZATION OPERATES A THRIFT STORE. THE STORE ACCEPTS DONATIONS OF USED CLOTHING, FURNITURE, AND HOUSEHOLD ITEMS FROM THE COMMUNITY, AND SELLS THEM IN THEIR STORE. THE PROFITS FROM THE THRIFT...

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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 $365,291

Investment Income $0

Other Revenue $0

TOTAL REVENUE $365,291

Expense Breakdown

Grants Paid $107,219

Salaries & Benefits $112,897

Fundraising Expenses $0

Program Expenses $344,689

Other Expenses $131,639

TOTAL EXPENSES $351,755

Year-over-Year Comparison

	2024	2023	Change
Revenue	$365,291	$373,953	0.0%
Expenses	$351,755	$375,647	-0.1%
Net Income	$13,536	$-1,694	-9.0%

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

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
WENDY HERFENDAL	Director	1.00	Director	$0	$0	$0
GREG HOLZHUETER	Director	1.00	Director	$0	$0	$0
MARY GREFE	Director	1.00	Director	$0	$0	$0
LOU ANN BLAIS	Director	1.00	Director	$0	$0	$0
JANE BIRKHOLZ	Director	1.00	Director	$0	$0	$0
MARGARET GULLIXSON	Director	1.00	Director	$0	$0	$0
ARLAWAYNE BOERNER	Secretary	1.00	Officer	$0	$0	$0
LU ANN STING	President	2.00	Officer	$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
2024	$365,291	$351,755	$97,934	$13,536
2023	$373,953	$375,647	$83,839	$-1,694
2022	$348,538	$331,012	$83,813	$17,526
2021	$293,339	$270,262	$66,422	$23,077
2020	$200,492	$218,256	$43,382	$-17,764
2019	$227,010	$216,418	$58,274	$10,592
2018	$226,207	$222,461	$47,618	$3,746