SHARING CONNECTIONS INC (EIN 364363123) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

RYAN VARJU

Phone

6309710565

Tax Period

2024-01-01 to 2024-12-31

SHARING CONNECTIONS INC, founded in 2000, is a community nonprofit in the Human Services sector that reported $6.0M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

Provide programs and services to reclaim furniture, clothing, household goods, and other items from community donors and redistribute them to economically disadvantaged individuals and families.

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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 $5,675,975

Program Service Revenue $194,076

Investment Income $45,051

Other Revenue $41,139

TOTAL REVENUE $5,956,241

Expense Breakdown

Grants Paid $5,351,250

Salaries & Benefits $337,795

Fundraising Expenses $82,642

Program Expenses $5,817,291

Other Expenses $302,827

TOTAL EXPENSES $5,991,872

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,956,241	$6,289,454	-0.1%
Expenses	$5,991,872	$6,272,282	0.0%
Net Income	$-35,631	$17,172	-3.1%

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

Volunteers

250

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

$123,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RYAN VARJU	Executive Dir.	40.00	Officer	$123,600	$0	$123,600
THOMAS HUSHEK	President	5.00	Officer Director	$0	$0	$0
DENNIS WEBB	VP-TREASURER	5.00	Officer Director	$0	$0	$0
KARYN NIEMANN	Secretary	5.00	Officer Director	$0	$0	$0
JOHN KAISER	Trustee	2.00	Director	$0	$0	$0
JANET SORENSEN	Trustee	2.00	Director	$0	$0	$0
NANCY ARNDT	Trustee	2.00	Director	$0	$0	$0
CARRIE PROVENZALE	Trustee	2.00	Director	$0	$0	$0
PAUL NEUSTADT	Trustee	2.00	Director	$0	$0	$0
LEEANNE MCGRATH	FOUNDER/TRUSTEE	2.00	Director	$0	$0	$0
RICK SMOLKE	Trustee	2.00	Director	$0	$0	$0
LESLIE KROHN	Trustee	2.00	Director	$0	$0	$0
STUART LERMAN	Trustee	2.00	Director	$0	$0	$0
STEVEN WILEY	Trustee	2.00	Director	$0	$0	$0
JOHN SCHROEDER	Trustee	2.00	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	$5,956,241	$5,991,872	$1,362,588	$-35,631
2023	$6,289,454	$6,272,282	$1,390,454	$17,172
2022	$6,493,084	$6,543,540	$1,336,074	$-50,456
2021	$5,757,318	$5,589,647	$1,421,434	$167,671
2020	$3,895,347	$3,797,822	$1,234,449	$97,525
2019	$5,936,659	$6,087,406	$1,122,813	$-150,747
2018	$4,515,518	$4,382,065	$1,246,212	$133,453

SHARING CONNECTIONS INC