MENNONITE CENTRAL COMMITTEE THRIFT… - Form 990 Financial Data

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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

2007

Legal Domicile

Principal Officer

JOY HOFER

Phone

9094818115

Tax Period

2024-01-01 to 2024-12-31

MENNONITE CENTRAL COMMITTEE THRIFT STORE INC, founded in 2007, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2024.

Mission

TO PROVIDE, THROUGH THRIFT STORE SALES, FUNDS TO BE USED BY THE MENNONITE CENTRAL COMMITTEE FOR WORLD WIDE CHARITY.

Program Service Accomplishments

Program 1

Expenses: $1,012,150 Revenue: $1,032,997

PAID AND VOLUNTEER STAFF RECEIVE, SORT AND PREPARE USED DONATED MERCHANDISE FOR RESALE. MONIES RECEIVED COVERS NORMAL OPERATIONS WITH THE BALANCE REMITTED PERIODICALLY TO THE MENNONITE CENTRAL...

PAID AND VOLUNTEER STAFF RECEIVE, SORT AND PREPARE USED DONATED MERCHANDISE FOR RESALE. MONIES RECEIVED COVERS NORMAL OPERATIONS WITH THE BALANCE REMITTED PERIODICALLY TO THE MENNONITE CENTRAL COMMITTEE OR MENNONITE DISASTER SERVICE FOR WORLD WIDE RELIEF FUNDING.

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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 $1,032,943

Program Service Revenue $0

Investment Income $54

Other Revenue $0

TOTAL REVENUE $1,032,997

Expense Breakdown

Grants Paid $480,429

Salaries & Benefits $268,715

Fundraising Expenses $0

Program Expenses $1,012,150

Other Expenses $263,006

TOTAL EXPENSES $1,012,150

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,032,997	$997,987	+0.0%
Expenses	$1,012,150	$927,946	+0.1%
Net Income	$20,847	$70,041	-0.7%

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

N/A

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
CORRINE EDDINGTON	MEMBER	1.00	Director	$0	$0	$0
RABIH GHRAWI	MEMBER	1.00	Director	$0	$0	$0
ASA BERT	Treasurer	1.00	Officer	$0	$0	$0
JOY HOFER	Chairman	6.00	Officer	$0	$0	$0
KIMBERLY LAW	Secretary	8.00	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	$1,032,997	$1,012,150	$311,167	$20,847
2023	$997,987	$927,946	$293,151	$70,041
2022	$845,651	$897,677	$219,135	$-52,026
2021	$777,033	$713,876	$273,114	$63,157
2020	$452,677	$474,940	$208,659	$-22,263
2019	$566,784	$526,459	$197,574	$40,325
2018	$564,448	$532,190	$164,925	$32,258

MENNONITE CENTRAL COMMITTEE THRIFT STORE INC