THE STOREHOUSE PROJECT 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

2013

Legal Domicile

Tax Period

2024-07-01 to 2025-06-30

THE STOREHOUSE PROJECT INC, founded in 2013, is a small nonprofit in the Religion sector that reported $491K in total revenue in fiscal year 2024. The organization ran a surplus of $90K, a strong 18% operating margin.

Mission

THE STOREHOUSE PROJECT (TSP) IS DESIGNED TO BE A PLACE OF REFUGE. TPS PROVIDES A COMPREHENSIVE PROGRAM OF SERVICES TO THOSE EXPERIENCING CHALLENGES IN MEETING BASIC NEEDS SUCH AS CLOTHING, FOOD, SHELTER, MEDICAL ASSISTANCE AND OTHER RELATED RESOURCES. TSP WILL ALSO PROVIDE A VARIETY OF TRAININGS OPPORTUNITIES DESIGNED TO HELP CLIENTS REACH A PLACE OF SELF- SUSTAINABILITY.

Program Service Accomplishments

Program 1

Expenses: $170,855

PROVISION OF FOOD, HOT MEALS, FURNITURE AND CLOTHING WITH THE FINAL PHASE TO INCLUDE A THRIFT STORE, TRAINING CLASSES AND SUPPORITVE HOUSEING. STAFF PROVIDES OUTREACH IN COMMUNITY LOCATIONS WHERE...

PROVISION OF FOOD, HOT MEALS, FURNITURE AND CLOTHING WITH THE FINAL PHASE TO INCLUDE A THRIFT STORE, TRAINING CLASSES AND SUPPORITVE HOUSEING. STAFF PROVIDES OUTREACH IN COMMUNITY LOCATIONS WHERE POTENTIAL PARTICIPANTS CONGREGATE TO PROVIDE INFORMATION AND AWARENESS ABOUT THE AVAILABILITY OF SERVICES.

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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 $490,402

Program Service Revenue $0

Investment Income $761

Other Revenue $0

TOTAL REVENUE $491,163

Expense Breakdown

Grants Paid $0

Salaries & Benefits $160,692

Fundraising Expenses $0

Program Expenses $322,818

Other Expenses $240,610

TOTAL EXPENSES $401,302

Year-over-Year Comparison

	2024	2023	Change
Revenue	$491,163	$477,941	+0.0%
Expenses	$401,302	$459,080	-0.1%
Net Income	$89,861	$18,861	+3.8%

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
N/A	PRESIDENT	N/A	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
2025	$491,163	$401,302	$159,038	$89,861
2024	$477,941	$459,080	$108,301	$18,861
2023	$577,989	$547,306	$98,496	$30,683
2022	$476,959	$495,945	$84,743	$-18,986
2021	$158,560	$161,801	$120,181	$-3,241
2020	$228,348	$142,956	$120,338	$85,392