PLATTEVILLE THRIFT SHOP INC (EIN 237296953) - 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

1973

Legal Domicile

Principal Officer

TERRY WOOD

Phone

6083487947

Tax Period

2023-01-01 to 2023-12-31

PLATTEVILLE THRIFT SHOP INC, founded in 1973, is a small nonprofit that reported $484K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $423K left a modest 13% surplus.

Mission

SALE OF USED MERCHANDISE TO PROVIDE FUNDS TO CONTRIBUTE TO COMMUNITY SERVICE PROJECTS AND THE 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 (2023)

Revenue Breakdown

Contributions & Grants $495,369

Program Service Revenue $0

Investment Income $11,620

Other Revenue $-23,158

TOTAL REVENUE $483,831

Expense Breakdown

Grants Paid $0

Salaries & Benefits $329,514

Fundraising Expenses $0

Program Expenses $370,097

Other Expenses $93,164

TOTAL EXPENSES $422,678

Year-over-Year Comparison

	2023	2022	Change
Revenue	$483,831	$426,012	+0.1%
Expenses	$422,678	$830,267	-0.5%
Net Income	$61,153	$-404,255	-1.2%

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
JOYCE LOEFFELHOLZ	VICE PRESIDENT	N/A	Officer	$0	$0	$0
CINDY MARTENS	SECRETARY	N/A	Officer	$0	$0	$0
VELMA STEGER	DIRECTOR	N/A	Director	$0	$0	$0
BECKY SCHAMBOW	Vice President	N/A	Director	$0	$0	$0
AUDREY STONEY	DIRECTOR	N/A	Director	$0	$0	$0
KATHY KOPP	DIRECTOR	N/A	Director	$0	$0	$0
NANCY WEIGEL	DIRECTOR	N/A	Director	$0	$0	$0
JEAN VOIGHTS	DIRECTOR	N/A	Director	$0	$0	$0
TWILA ZIDON	TREASURER	N/A	Officer	$0	$0	$0
TERRY WOOD	PRESIDENT	N/A	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	No data	No data	No data	No data
2023	$483,831	$422,678	$894,927	$61,153
2022	$425,590	$378,190	$804,830	$47,400
2021	$436,840	$346,266	$733,792	$90,574
2020	$318,008	$263,971	$716,936	$54,037
2019	$326,143	$256,795	$689,592	$69,348
2018	$293,224	$258,441	$644,487	$34,783

PLATTEVILLE THRIFT SHOP INC