POSEY COUNTY THRIFT SHOP INC (EIN 237086350) - 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

1969

Legal Domicile

Phone

8128383676

Tax Period

2024-01-01 to 2024-12-31

POSEY COUNTY THRIFT SHOP INC, founded in 1969, is a small nonprofit that reported $275K in total revenue in fiscal year 2024.

Mission

PROVIDES USED CLOTHING, HOUSEHOLD & OTHER ITEMS TO NEEDY.

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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 $16,824

Program Service Revenue $257,357

Investment Income $847

Other Revenue $0

TOTAL REVENUE $275,028

Expense Breakdown

Grants Paid $0

Salaries & Benefits $238,064

Fundraising Expenses $0

Program Expenses $279,561

Other Expenses $46,982

TOTAL EXPENSES $285,046

Year-over-Year Comparison

	2024	2023	Change
Revenue	$275,028	$259,275	+0.1%
Expenses	$285,046	$268,004	+0.1%
Net Income	$-10,018	$-8,729	+0.1%

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

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

$61,259

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE TURNER	SECRETARY	1.00	Officer Director	$0	$0	$0
MARIA TURNER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LAURIE HARTMAN	TREASURER	1.00	Officer Director	$0	$0	$0
CHEVEN MAY	PRESIDENT	1.00	Officer Director	$0	$0	$0
BETH PACE	BOARD MEMBER	1.00	Director	$0	$0	$0
TINA BOERNER	BOARD MEMBER	1.00	Director	$0	$0	$0
JUDY HEBERER	BOARD MEMBER	1.00	Director	$0	$0	$0
RANDY HARTMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
KARLA WOLF	STORE MANAGER	40.00	Key Emp Highest	$61,259	$0	$61,259
WAYNE MCINTOSH	BOARD MEMBER	1.00	Director	$0	$0	$0
JEAN MOORE	BOARD MEMBER	1.00	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
2024	$275,028	$285,046	$282,007	$-10,018
2023	$259,275	$268,004	$293,670	$-8,729
2022	$242,385	$250,220	$300,758	$-7,835
2021	$259,343	$225,268	$309,513	$34,075
2020	$203,434	$201,683	$272,620	$1,751

POSEY COUNTY THRIFT SHOP INC