ADRN THRIFT STORE INC (EIN 472268246) - 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

2014

Legal Domicile

Principal Officer

RITA DAVIS

Phone

5124286322

Tax Period

2023-01-01 to 2023-12-31

ADRN THRIFT STORE INC, founded in 2014, is a small nonprofit in the Human Services sector that reported $799K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring.

Mission

THE PURPOSE OF THE HOPE FAMILY THRIFT STORE IS TO PROVIDE THE NEEDED FUNDING FOR THE COORDINATION OF RELIEF EFFORTS AND DISASTER RELIEF GOODS TO FAMILIES AFFECTED BY DISASTERS SUCH AS FLOODS AND TORNADOES, WHETHER NATURAL OR MAN-MADE IN THE GREATER AUSTIN AREA (5 COUNTIES).

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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 $16,078

Program Service Revenue $0

Investment Income $157

Other Revenue $783,262

TOTAL REVENUE $799,497

Expense Breakdown

Grants Paid $137,485

Salaries & Benefits $465,308

Fundraising Expenses $0

Program Expenses $706,502

Other Expenses $268,611

TOTAL EXPENSES $871,404

Year-over-Year Comparison

	2023	2022	Change
Revenue	$799,497	$1,873,691	-0.6%
Expenses	$871,404	$1,352,552	-0.4%
Net Income	$-71,907	$521,139	-1.1%

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

320

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

$181,566

Total Directors

$181,566

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM GARDNER	TREASURER	6.00	Officer Director	$0	$0	$0
RITA DAVIS	EXECUTIVE DIRECTOR	30.00	Officer Director	$0	$0	$0
CONNIE BOWMAN	DIRECTOR	3.00	Director	$0	$0	$0
DANIEL GERACI	PRESIDENT (UNTIL 3/16/23)	5.00	Officer Director	$0	$0	$39,306
WILLIAM STOCKTON	DIRECTOR	3.00	Director	$0	$0	$0
DWIGHT BAILEY	DIRECTOR	5.00	Officer Director	$0	$0	$142,260

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	$799,497	$871,404	$997,621	$-71,907
2022	$1,873,691	$1,352,552	$1,059,088	$521,139
2021	$2,961,954	$2,530,236	$543,128	$431,718
2021	$2,233,052	$1,801,334	$543,128	$431,718
2020	$1,788,319	$1,822,277	$116,224	$-33,958
2019	$914,787	$911,068	$145,071	$3,719
2018	$601,812	$552,464	$140,259	$49,348

ADRN THRIFT STORE INC