RE-USE-IT THRIFT STORE

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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

2011

Principal Officer

ZACH FJESTAD

Phone

2183462616

Tax Period

2024-01-01 to 2024-12-31

RE-USE-IT THRIFT STORE, founded in 2011, is a small nonprofit in the Human Services sector that reported $599K in total revenue in fiscal year 2024.

Mission

THRIFT SHOP THAT RECEIVES DONATED HOUSEHOLD ITEMS. THE ORGANIZATION WAS FORMED TO FINANCIALLY ASSIST THE BOYS AND GIRLS CLUB OF PERHAM.

Program Service Accomplishments

Program 1

Expenses: $87,924 Revenue: $507,592

INCOME RECEIVED FROM THE SALE OF DONATED ITEMS.

Program 2

N/A

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,633

Program Service Revenue $595,434

Investment Income $454

Other Revenue $0

TOTAL REVENUE $598,521

Expense Breakdown

Grants Paid $87,924

Salaries & Benefits $396,116

Fundraising Expenses $0

Program Expenses $595,516

Other Expenses $123,091

TOTAL EXPENSES $607,131

Year-over-Year Comparison

	2024	2023	Change
Revenue	$598,521	$577,389	+0.0%
Expenses	$607,131	$591,537	+0.0%
Net Income	$-8,610	$-14,148	-0.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZACH FJESTAD	PRESIDENT	N/A	Officer Director	$0	$0	$0
WAYNE MICKELSON	TREASURER	N/A	Officer Director	$0	$0	$0
KITTY KRUEGER	SECRETARY	N/A	Officer Director	$0	$0	$0
TIM BIRKELAND	BOARD MEMEBE	N/A	Director	$0	$0	$0
MARK RABY	BOARD MEMBER	N/A	Director	$0	$0	$0
KELLY MELGARD	BOARD MEMEBE	N/A	Director	$0	$0	$0
JACKIE BUNKOWSKE	BOARD MEMBER	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
2024	$598,521	$607,131	$829,678	$-8,610
2023	$577,389	$591,537	$849,538	$-14,148
2022	$1,040,052	$497,074	$896,771	$542,978
2021	$592,556	$484,228	$357,228	$108,328
2020	$436,796	$405,554	$253,765	$31,242
2019	$379,090	$348,512	$224,381	$30,578
2018	$311,703	$291,937	$214,891	$19,766