CURE THRIFT INC (EIN 462997277) - 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

2013

Legal Domicile

Principal Officer

ELIZABETH WOLFF

Phone

2125057467

Tax Period

2023-01-01 to 2023-12-31

CURE THRIFT INC, founded in 2013, is a small nonprofit in the Human Services sector that reported $646K in total revenue in fiscal year 2023. Expenses of $621K left a modest 4% surplus.

Mission

CURE THRIFT, INC IS A PHILANTHROPIC SECOND-HAND SHOP DEDICATED TO RAISING FUNDS FOR TYPE 1 DIABETES THROUGH THE SALE OF DONATED GOODS AND MERCHANDISE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $646,036

TOTAL REVENUE $646,036

Expense Breakdown

Grants Paid $42,603

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $621,089

Other Expenses $578,486

TOTAL EXPENSES $621,089

Year-over-Year Comparison

	2023	2022	Change
Revenue	$646,036	$655,955	0.0%
Expenses	$621,089	$573,163	+0.1%
Net Income	$24,947	$82,792	-0.7%

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

$21,538

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTIN WOLFF	VICE PRESIDENT	0.00	Officer	$0	$0	$0
SAMUEL SCHLESINGER	SECRETARY	0.00	Officer	$0	$0	$0
ELIZABETH WOLFF	PRESIDENT	40.00	Officer	$21,538	$0	$21,538

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
2023	$646,036	$621,089	$263,274	$24,947
2022	$655,955	$573,163	$248,866	$82,792
2021	$464,737	$427,051	$155,357	$37,686
2020	$281,247	$319,314	$58,837	$-38,067
2019	$323,159	$313,147	$109,304	$10,012
2018	$404,443	$386,495	$86,494	$17,948

CURE THRIFT INC