NEW 2 U THRIFT CENTER INC

EIN: 270489876 501(c)(3)

LARGO, FL

Total Revenue
$137,272
Total Expenses
$180,642
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
FL
Principal Officer
SHERI NYMARK
Phone
7274654261
Tax Period
2021-01-01 to 2021-12-31

NEW 2 U THRIFT CENTER INC, founded in 2009, is a small nonprofit that reported $137K in total revenue in fiscal year 2021. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $181K exceeded revenue, resulting in a 32% operating deficit.

Mission

NEW 2 U THRIFT CENTER IS A NOT FOR PROFIT ORGANIZATION DEDICATED TO SERVING NEEDY MEMBERS OF THE COMMUNITY. THROUGH THE COLLECTION OF RE-SALEABLE DONATED ITEMS, THE THRIFT CENTER IS ABLE TO SUPPORT CHILDREN AND FAMILIES IN NEED BY PROVIDING CLOTHING AND HOUSEHOLD ITEMS. NET PROCEEDS FROM THE SALE OF DONATED ITEMS ARE ALSO USED TO PROVIDE FOOD AND OTHER NECESSARY AID FOR LOW INCOME FAMILIES. THE THRIFT CENTER ENCOURAGES PEOPLE TO VOLUNTEER AND SERVE FOR THE BENEFIT OF THEIR COMMUNITY, STATE, THE COUNTRY AND WORLDWIDE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $94,568
Program Service Revenue $0
Investment Income $4
Other Revenue $42,700
TOTAL REVENUE $137,272

Expense Breakdown

Grants Paid $0
Salaries & Benefits $51,461
Fundraising Expenses $0
Program Expenses $180,642
Other Expenses $129,181
TOTAL EXPENSES $180,642

Year-over-Year Comparison

2021 2020 Change
Revenue $137,272 $346,120 -0.6%
Expenses $180,642 $335,979 -0.5%
Net Income $-43,370 $10,141 -5.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
8
Employees
7
Volunteers
N/A

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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT DE HAAN DIRECTOR N/A
Director
$0 $0 $0
BRYAN KING DIRECTOR N/A
Director
$0 $0 $0
ESTHER H MADRAY VICE PRESIDE N/A
Director
$0 $0 $0
RAYMOND A MADRAY PRESIDENT N/A
Director
$0 $0 $0
JUSTIN NYMARK DIRECTOR N/A
Director
$0 $0 $0
SHERI NYMARK TREASURER N/A
Director
$0 $0 $0
STEPHEN NYMARK DIRECTOR N/A
Director
$0 $0 $0
KENNETH THOMPSON DIRECTOR N/A
Director
$0 $0 $0
SUSAN THOMPSON DIRECTOR N/A
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
2021 $137,272 $180,642 No data $-43,370
2020 $346,120 $335,979 $80,107 $10,141
2019 $349,655 $346,494 $37,745 $3,161
2018 $338,122 $358,625 $35,030 $-20,503
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NEW 2 U THRIFT CENTER INC with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.