MAKE OLD THINGS NEW INC

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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

Legal Domicile

Principal Officer

KAREN TROYER

Phone

6129101124

Tax Period

2024-06-01 to 2025-05-31

MAKE OLD THINGS NEW INC is a micro nonprofit that reported $81K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $118K exceeded revenue, resulting in a 46% operating deficit.

Mission

HELPING PEOPLE IN DISTRESS & TRANSITION HAVE A BETTER QUALITY OF LIFE

Program Service Accomplishments

Program 1

Expenses: $29,244 Revenue: $22,575

PROVIDE AFFORDABLE HOUSING FOE LOW INCOME, DISADVANTAGES, PREVIOUSLY HOMELESS INDIVIDUALS WHO HAVEFOUND IT DIFFICULT OR IMPOSSIBLE TO FIND OTHER HOUSING - DUE TO PERSOANL HISTORES, LIMITED INCOME, OR...

Program 2

Expenses: $49,034

CLIENT ASSISTANCE WITH HOUSING, TRANSPORTATION, FOOD, HEALTH, EDUCATION & OTHER LIFE EXPENSES INCLUDING CRISIS & EMERGENCY MANAGEMENT

Program 3

Expenses: $27,507

PROPERTY & PROGRAM MANAGEMENT - MAINTENANCE, REPAIR, REMODELING MANAGEMENT & CONSULTING. ALSO PROGRAM DEVELOPMENT TO PROVIDE CLIENT SERVICES WITH NEW EXECUTIVE OFFICERS IN TRAINING.

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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 $54,670

Program Service Revenue $0

Investment Income $4,116

Other Revenue $22,575

TOTAL REVENUE $81,361

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,649

Fundraising Expenses $0

Program Expenses $105,785

Other Expenses $86,786

TOTAL EXPENSES $118,435

Year-over-Year Comparison

	2024	2023	Change
Revenue	$81,361	$63,959	+0.3%
Expenses	$118,435	$140,469	-0.2%
Net Income	$-37,074	$-76,510	-0.5%

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

$28,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN TROYER	EXECUTIVE DIRECTOR	40.0	Officer	$28,500	$0	$28,500
JUSTIN STRINGFELLOW	DIRECTOR	1.0	Director	$0	$0	$0
BILL NICHOLS	DIRECTOR	1.0	Director	$0	$0	$0
SHIRLEY BOESER	SECRETARY-TREASURER	1.0	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
2026	No data	No data	No data	No data
2025	$81,361	$118,435	$504,315	$-37,074
2024	$63,959	$143,469	$530,298	$-79,510
2023	$82,415	$145,665	$619,707	$-63,250
2022	$729,881	$154,340	$683,048	$575,541