Overflow Thrift Store Inc (EIN 472945323) - 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

2015

Legal Domicile

Principal Officer

Tami Hicks

Phone

5152900732

Tax Period

2024-01-01 to 2024-12-31

Overflow Thrift Store Inc, founded in 2015, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $370K, a strong 19% operating margin.

Mission

To accept and resell donations to give profits to the poor, provide value minded shoppers a place to shop, and provides opportunities to volunteer to serve the needy

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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 $272,674

Program Service Revenue $1,581,492

Investment Income $83,944

Other Revenue $0

TOTAL REVENUE $1,938,110

Expense Breakdown

Grants Paid $0

Salaries & Benefits $663,601

Fundraising Expenses $24,878

Program Expenses $1,261,663

Other Expenses $904,089

TOTAL EXPENSES $1,567,690

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,938,110	$1,176,493	+0.6%
Expenses	$1,567,690	$1,118,627	+0.4%
Net Income	$370,420	$57,866	+5.4%

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

N/A

Employees

Volunteers

150

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
Tami Hicks	President	5.00	Officer Director	$0	$0	$0
Michael Sulc	Secretary	5.00	Officer Director	$0	$0	$0
Matt Swanson	Treasurer	5.00	Officer Director	$0	$0	$0
Mike Shupp	Director	5.00	Director	$0	$0	$0
Mike Haverdink	Vice President	5.00	Officer Director	$0	$0	$0
Marnie Johansen	Director	5.00	Director	$0	$0	$0
Aaron Fopma	Director	5.00	Director	$0	$0	$0
Kevin Geis	Director	5.00	Director	$0	$0	$0
Kim Schwartz	Director	5.00	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	$1,938,110	$1,567,690	$2,703,052	$370,420
2023	$1,176,493	$1,118,627	$575,506	$57,866
2022	$1,040,004	$965,118	$521,600	$74,886
2021	$892,857	$850,994	$470,741	$41,863
2020	$582,456	$687,480	$443,546	$-105,024
2018	$372,926	$316,856	$164,522	$56,070

Overflow Thrift Store Inc