CHARITY STORAGE INC (EIN 453253579) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

MELISSA VINES

Phone

6027499370

Tax Period

2020-01-01 to 2020-12-31

CHARITY STORAGE INC, founded in 2011, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $262K in total revenue in fiscal year 2020. The organization ran a surplus of $141K, a strong 54% operating margin.

Mission

TO USE THE STORAGE INDUSTRY'S UNDER-UTILIZED ASSETS TO PROVIDE SUPPORT FOR CHARITABLE ORGANIZATIONS IN THE COMMUNITIES OF LOCAL OPERATORS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $260,422

Program Service Revenue $0

Investment Income $0

Other Revenue $1,260

TOTAL REVENUE $261,682

Expense Breakdown

Grants Paid $52,619

Salaries & Benefits $0

Fundraising Expenses $1,637

Program Expenses $52,619

Other Expenses $68,164

TOTAL EXPENSES $120,783

Year-over-Year Comparison

	2020	2019	Change
Revenue	$261,682	N/A	N/A
Expenses	$120,783	N/A	N/A
Net Income	$140,899	$0	N/A

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
LANCE T WATKINS	FOUNDER	1.00	Officer Director	$0	$0	$0
ROBERT A CHITI	CHAIR	1.00	Officer Director	$0	$0	$0
SUE HAVILAND	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ANN MARI DECOSTER	SECRETARY	1.00	Officer Director	$0	$0	$0
MELISSA VINES	TREASURER	1.00	Officer Director	$0	$0	$0
TROY DOWNING	DIRECTOR	1.00	Director	$0	$0	$0
LISA BARTH - CHIAPPETTA	DIRECTOR	1.00	Director	$0	$0	$0
ASAD RAHMAN	DIRECTOR	1.00	Director	$0	$0	$0
SHELBY BECK	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON SNYDER	DIRECTOR	1.00	Director	$0	$0	$0
MARIO MACALUSO	DIRECTOR	1.00	Director	$0	$0	$0
JAMEY FAWCETT	DIRECTOR	1.00	Director	$0	$0	$0
NANCY MARTIN WAGNER	DIRECTOR	1.00	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	No data	No data	No data	No data
2020	$261,682	$120,783	$113,504	$140,899

CHARITY STORAGE INC