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.
New Life Thrift is a ministry of New Life Presbyterian Church of Glenside. The primary purpose of the organization is the operation of two thrift stores. All of the new profits of the stores are distributed to the church or local charities to help those 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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