THRIFT HUT INC

EIN: 270722655 501(c)(3) Human Services

BOCA RATON, FL

Total Revenue
$81,725
Total Expenses
$131,275
Total Assets
$21,006
Net Assets
$21,006
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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
2009
Legal Domicile
FL
Principal Officer
JO-EL SWARTZ
Phone
9544809836
Tax Period
2019-01-01 to 2019-12-31

THRIFT HUT INC, founded in 2009, is a micro nonprofit in the Human Services sector that reported $82K in total revenue in fiscal year 2019. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $131K exceeded revenue, resulting in a 61% operating deficit.

Mission

WE ARE A 501(C)3 CHARITY BASED THRIFT STORE WHOSE GOAL IS TO HELP SUPPORT CHILDRENS HOSPITALS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $105,486
Program Service Revenue $0
Investment Income $0
Other Revenue $-23,761
TOTAL REVENUE $81,725

Expense Breakdown

Grants Paid $600
Salaries & Benefits $25,836
Fundraising Expenses $0
Program Expenses $131,275
Other Expenses $104,839
TOTAL EXPENSES $131,275

Year-over-Year Comparison

2019 2018 Change
Revenue $81,725 $177,498 -0.5%
Expenses $131,275 $128,669 +0.0%
Net Income $-49,550 $48,829 -2.0%
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

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Governance

Voting Members
1
Independent Members
1
Employees
1
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
1
$24,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JO-EL SWARTZ PRESIDENT 40.00
Director
$24,000 $0 $24,000
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
2019 $81,725 $131,275 $21,006 $-49,550
2018 $177,498 $128,069 $70,556 $49,429
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