HELPING HANDS THRIFT STORE (EIN 383810651) - 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

2010

Legal Domicile

Principal Officer

DOUGLAS J HOWARD

Phone

5172605995

Tax Period

2018-01-01 to 2018-12-31

HELPING HANDS THRIFT STORE, founded in 2010, is a small nonprofit that reported $158K in total revenue in fiscal year 2018. Expenses of $181K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE MISSION OF HELPING HANDS THRIFT STORE IS TO HONOR THE LORD JESUS CHRIST AS WE SELL DONATED ITEMS AT AFFORDABLE PRICES TO ENCOURAGE LOCAL FAMILIES AND BENEFIT MISSIONS; MOST OF WHICH ARE IN LENAWEE COUNTY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $33,936

Program Service Revenue $0

Investment Income $15,020

Other Revenue $109,374

TOTAL REVENUE $158,330

Expense Breakdown

Grants Paid $46,027

Salaries & Benefits $95,890

Fundraising Expenses $0

Program Expenses $153,938

Other Expenses $39,390

TOTAL EXPENSES $181,307

Year-over-Year Comparison

	2018	2017	Change
Revenue	$158,330	N/A	N/A
Expenses	$181,307	N/A	N/A
Net Income	$-22,977	N/A	N/A

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

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
PAUL PALPANT	DIRECTOR	N/A	Director	$0	$0	$0
DOUG SHIELS	DIRECTOR	N/A	Director	$0	$0	$0
RICK ARQUETTE	DIRECTOR	N/A	Director	$0	$0	$0
DARIN MARSH	DIRECTOR	N/A	Director	$0	$0	$0
DOUGLAS J HOWARD	PRESIDENT	N/A	Officer	$0	$0	$0
KEVIN VAN ERT	TREASURER	N/A	Officer	$0	$0	$0
CAROLYN L NORMAN	SECRETARY	N/A	Officer	$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
2018	$158,330	$181,307	No data	$-22,977

HELPING HANDS THRIFT STORE