Hope Thrift 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

Formation Year

2012

Legal Domicile

Principal Officer

William Antinore

Phone

8562174597

Tax Period

2018-01-01 to 2018-12-31

Hope Thrift Inc, founded in 2012, is a micro nonprofit that reported $43K in total revenue in fiscal year 2018. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $104K exceeded revenue, resulting in a 145% operating deficit.

Program Service Accomplishments

Program 1

Expenses: $103,786 Revenue: $42,525

Hope Thrift Inc. is a Christian faith based organization that collects clothes and other household items and offers them for sale at discount prices. Proceeds from the sales are donated to Seeds of Hope Ministries Inc, a related 501c3 organization. A portion of the clothing and other items collected will be distributed to those in need without charge. Newly released inmates work in this ministry to assist in their reentry into the community.

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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 $5,115

Program Service Revenue $39,502

Investment Income $-2,092

Other Revenue $0

TOTAL REVENUE $42,525

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,691

Fundraising Expenses $0

Program Expenses $103,786

Other Expenses $74,473

TOTAL EXPENSES $104,164

Year-over-Year Comparison

	2018	2017	Change
Revenue	$42,525	$220,142	-0.8%
Expenses	$104,164	$207,963	-0.5%
Net Income	$-61,639	$12,179	-6.1%

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

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

$69,628

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William Antinore	President	010.00	Officer	$0	$0	$69,628
William F Borghard	Secretary	020.00	Officer	$0	$0	$0
Ronald Beebe	Treasurer	020.00	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
2018	$42,525	$104,164	No data	$-61,639