GODS STOREHOUSE INC (EIN 412108736) - 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

WILL SEVIER

Phone

9317661265

Tax Period

2024-01-01 to 2024-12-31

GODS STOREHOUSE INC, founded in 2000, is a small nonprofit in the Human Services sector that reported $240K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year.

Mission

PROVIDE FOOD, CLOTHING, AND BILL PAYING ASSISTANCE TO APPLICANTS AS DESIGNATED BY LAWRENCE COUNTY, TENNESSEE AND WHO MEET USDA INCOME ELIGIBILITY STATUS.

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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 $235,960

Program Service Revenue $0

Investment Income $4,442

Other Revenue $0

TOTAL REVENUE $240,402

Expense Breakdown

Grants Paid $0

Salaries & Benefits $138,459

Fundraising Expenses $0

Program Expenses $246,582

Other Expenses $87,717

TOTAL EXPENSES $246,582

Year-over-Year Comparison

	2024	2023	Change
Revenue	$240,402	$279,455	-0.1%
Expenses	$246,582	$345,097	-0.3%
Net Income	$-6,180	$-65,642	-0.9%

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
CAROLE IVEY	MEMBER	1.00	Director	$0	$0	$0
DAVID MORGAN	NON VOTING MEMBER	0.00	Director	$0	$0	$0
BLAKE LAY	NON VOTING MEMBER	0.00	Director	$0	$0	$0
KEITH DURHAM	NON VOTING MEMBER	0.00	Director	$0	$0	$0
KEVIN CROSS	MEMBER	0.00	Director	$0	$0	$0
KEITH DURHAM	MEMBER	0.00	Director	$0	$0	$0
SHANNON WATSON	MEMBER	5.00	Director	$0	$0	$0
WILL SEVIER	MEMBER	1.00	Officer Director	$0	$0	$0
MIKE HUNT	PRESIDENT	1.00	Officer	$0	$0	$0
ALLYSSA FOX	SECRETARYTREASURER	40.00	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
2024	$240,402	$246,582	$164,970	$-6,180
2023	$279,455	$345,097	$166,896	$-65,642
2022	$350,820	$413,925	$232,538	$-63,105
2021	$311,695	$277,699	$295,643	$33,996
2020	$309,776	$298,899	$261,647	$10,877
2019	$341,683	$329,782	$250,770	$11,901
2018	$336,458	$305,534	$238,869	$30,924

GODS STOREHOUSE INC