Glenside, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)New Life Thrift Inc, founded in 2010, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.2M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $2.5M exceeded revenue, resulting in a 10% operating deficit.
The primary activity is the operation of two thrift stores. All store merchandise is donated to the stores. Merchandise that is accepted and sold at the stores includes clothing, knick knacks, furniture, books and jewelry. A portion of the net proceeds from sales are distributed to the church on a quarterly basis to help individuals in the community of the store in need.
The primary activity is the operation of two thrift stores. All store merchandise is donated to the stores. Merchandise that is accepted and sold at the stores includes clothing, knick knacks...
The primary activity is the operation of two thrift stores. All store merchandise is donated to the stores. Merchandise that is accepted and sold at the stores includes clothing, knick knacks, furniture, books and jewelry. A portion of the net proceeds from sales are distributed to the church on a quarterly basis to help individuals in the community of the store in need.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,243,479 | $2,431,051 | -0.1% |
| Expenses | $2,478,997 | $2,453,194 | +0.0% |
| Net Income | $-235,518 | $-22,143 | +9.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Anne Macha | Executive Dir. | 50.00 |
Director
|
$58,500 | $0 | $58,500 |
| Carolyn Stonehouse | Chairwoman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| John Hagerty | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Russlyn Cook | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Greg Raysor | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Scott Dirksen | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Rita Harris | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Craig Krasinski | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mark Moser | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| David Channing | N/A | 50.00 |
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,243,479 | $2,478,997 | $2,801,394 | $-235,518 |
| 2024 | $2,431,051 | $2,453,194 | $3,063,716 | $-22,143 |
| 2023 | $2,452,018 | $2,405,242 | $3,110,049 | $46,776 |
| 2022 | $2,798,421 | $2,160,813 | $3,098,970 | $637,608 |
| 2021 | $2,183,383 | $1,900,761 | $1,745,552 | $282,622 |
| 2020 | $1,594,732 | $1,614,072 | $1,233,759 | $-19,340 |
| 2019 | $1,943,854 | $1,925,441 | $1,117,571 | $18,413 |
| 2018 | $1,745,805 | $1,638,425 | $1,118,419 | $107,380 |
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