THE CLOTHING BANK OF NORWALK OHIO (EIN 260434817) - 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

2007

Legal Domicile

Principal Officer

BRANDI METZGER

Phone

4196686977

Tax Period

2025-01-01 to 2025-12-31

THE CLOTHING BANK OF NORWALK OHIO, founded in 2007, is a small nonprofit in the Human Services sector that reported $451K in total revenue in fiscal year 2025. Revenue fell 35% from the prior year — a significant decline worth monitoring.

Mission

THE CLOTHING BANK OF NORWALK OHIO PROVIDES GENTLY USED CLOTHING IN AN ATTRACTIVE AND INVITING ATMOSPHERE. PERSONS IN NEED WHO RESIDE IN HURON COUNTY AND NEIGHBORING COMMUNITIES MAY SHOP FOR FREE CLOTHING. NEED IS DEFINED BY ANYONE WHO CANNOT AFFORD TO PURCHASE CLOTHING OR FINDS IT A FINANCIAL STRAIN TO CLOTHE THEIR FAMILIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $53,830

Program Service Revenue $0

Investment Income $1,099

Other Revenue $396,150

TOTAL REVENUE $451,079

Expense Breakdown

Grants Paid $277,305

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $438,996

Other Expenses $161,691

TOTAL EXPENSES $438,996

Year-over-Year Comparison

	2025	2024	Change
Revenue	$451,079	$693,094	-0.3%
Expenses	$438,996	$676,044	-0.4%
Net Income	$12,083	$17,050	-0.3%

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

N/A

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
AMANDA BLYSTONE	MEMBER	1.00	Director	$0	$0	$0
NICOLE JONES	SECRETARY	1.00	Officer Director	$0	$0	$0
KAYLEE LONGO	TREASURER	1.00	Officer Director	$0	$0	$0
BRANDI METZGER	PRESIDENT	5.00	Officer Director	$0	$0	$0
SARAH DAVIS	EXECUTIVE DI	20.00	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
2025	$451,079	$438,996	$174,224	$12,083
2024	$693,094	$676,044	$157,870	$17,050
2023	$575,249	$533,697	$138,926	$41,552
2022	$563,284	$517,977	$96,664	$45,307
2021	$462,664	$454,057	$51,357	$8,607
2020	$119,698	$127,791	$42,750	$-8,093
2019	$446,700	$453,248	$50,843	$-6,548
2018	$500,444	$507,966	$57,391	$-7,522

THE CLOTHING BANK OF NORWALK OHIO