RICHMOND FOOD SHELF AND THRIFT STORE INC

EIN: 264758235 501(c)(3) Food, Agriculture & Nutrition

RICHMOND, VT

Total Revenue
$154,160
Total Expenses
$158,503
Total Assets
$230,063
Net Assets
$230,063
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
VT
Principal Officer
MARY JOY PATCHETT
Phone
8025784283
Tax Period
2024-01-01 to 2024-12-31

RICHMOND FOOD SHELF AND THRIFT STORE INC, founded in 2009, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $154K in total revenue in fiscal year 2024.

Mission

THE ORGANIZATIONS PRIMARY MISSION IS TO IMPROVE THE LIVES OF FINANCIALLY TROUBLED INDIVIDUALS AND FAMILIES IN THE COMMUNITY BY DISTRIBUTING FOOD AND SELLING LOW COST CLOTHING.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $111,943
Program Service Revenue $0
Investment Income $7,627
Other Revenue $34,590
TOTAL REVENUE $154,160

Expense Breakdown

Grants Paid $2,790
Salaries & Benefits $62,821
Fundraising Expenses $0
Program Expenses $158,503
Other Expenses $92,892
TOTAL EXPENSES $158,503

Year-over-Year Comparison

2024 2023 Change
Revenue $154,160 $148,167 +0.0%
Expenses $158,503 $127,904 +0.2%
Net Income $-4,343 $20,263 -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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
2
Volunteers
10

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
5
$58,357
Total Directors
2
$0
Key Employees
2
$58,357
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCIA LEVISON EXECUTIVE DIR. 20.00
Officer Key Emp
$15,875 $0 $15,875
MARY JOY PATCHETT EXECUTIVE DIRECTOR 35.00
Officer Key Emp Highest
$42,482 $0 $42,482
ANGELA JACOBS PRESIDENT 5.00
Officer
$0 $0 $0
BECKY VIGNEAULT TREASURER 5.00
Officer
$0 $0 $0
KIRSTEN BOWER SECRETARY 5.00
Officer
$0 $0 $0
SUE BENDER BOARD MEMBER 5.00
Director
$0 $0 $0
ARIANA MATTHEWS-SALZMAN BOARD MEMBER 5.00
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 $154,160 $158,503 $230,063 $-4,343
2023 $148,167 $127,904 $235,960 $20,263
2022 $144,352 $112,966 $212,954 $31,386
2021 $104,234 $85,230 $164,018 $19,004
2020 $122,529 $90,328 $145,014 $32,201
2019 $121,701 $91,151 $112,813 $30,550
2018 $101,778 $77,542 $82,263 $24,236
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