WILLOW STREET, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MAIN STREET CLOSET, founded in 2000, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $1.0M left a modest 14% surplus.
THE MAIN STREET CLOSET IS A THRIFT STORE LOCATED IN WILLOW STREET, PENNSYLVANIA. IT PROVIDES DONATED ITEMS SUCH AS CLOTHING AND HOUSEHOLD ITEMS AT THRIFT STORE PRICES TO THE GENERAL PUBLIC. THE SALE OF SUCH ITEMS BENEFIT NEEDY FAMILIES WHO CAN NOT OTHERWISE AFFORD SUCH MERCHANDISE. ALL ITEMS SOLD ARE DONATED AND ALL LABORERS WORK ON A VOLUNTEER BASIS WITH THE EXCEPTION OF THE STORE MANAGERS. ALL PROFITS DERIVED FROM SALES ARE DONATED TO RELIGIOUS CHARITABLE ORGANIZATIONS SUCH AS MENNONITE CENTRAL COMMITTEE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,198,271 | $1,277,415 | -0.1% |
| Expenses | $1,031,570 | $1,108,239 | -0.1% |
| Net Income | $166,701 | $169,176 | 0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MELVIN NEFF | CHAIRMAN | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| HAROLD HERSHEY | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| EDIE HESS | SECRETARY | 12.00 |
Officer
Director
|
$0 | $0 | $0 |
| GENE DENLINGER | V CHAIRMAN | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN EBERSOLE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LINDSAY HARNISH | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| ED SHENK | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| TIM HESS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,198,271 | $1,031,570 | $1,992,905 | $166,701 |
| 2023 | $1,277,415 | $1,108,239 | $1,908,443 | $169,176 |
| 2022 | $1,161,890 | $1,005,564 | $1,719,164 | $156,326 |
| 2021 | $1,079,717 | $852,523 | $1,594,867 | $227,194 |
| 2020 | $739,423 | $727,881 | $1,400,172 | $11,542 |
| 2019 | $829,836 | $683,966 | $1,417,886 | $145,870 |
| 2018 | $732,071 | $566,952 | $1,297,137 | $165,119 |
Compare MAIN STREET CLOSET with other nonprofits in Pennsylvania and across the country.