SHOE DISCOUNT CORP (EIN 474797015) - 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

SHIYA FRIEDMAN

Tax Period

2023-01-01 to 2023-12-31

SHOE DISCOUNT CORP, founded in 2015, is a micro nonprofit in the Human Services sector that reported $76K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

To provide assistance to poor individuals and families in the form of free or discounted shoes or through direct payments to shoe stores for expenses of such families.

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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 $75,803

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $75,803

Expense Breakdown

Grants Paid $63,192

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $63,192

Other Expenses $13,260

TOTAL EXPENSES $76,452

Year-over-Year Comparison

	2023	2022	Change
Revenue	$75,803	$81,329	-0.1%
Expenses	$76,452	$56,785	+0.3%
Net Income	$-649	$24,544	-1.0%

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

N/A

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
Shiya Friedman	President	002.00	Officer Director	$0	$0	$0
Baila Friedman	Vice President	002.00	Director	$0	$0	$0
Aaron Blaustein	CEO	002.00	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	No data	No data	No data	No data
2023	$75,803	$76,452	$14,387	$-649
2022	$81,329	$56,785	$15,034	$24,544
2021	$111,366	$71,818	$5,469	$39,548
2020	$156,498	$198,801	$7,993	$-42,303
2019	$92,276	$96,608	$4,713	$-4,332
2018	$82,636	$46,412	$4,405	$36,224
2017	$113,201	$156,405	$18,728	$-43,204

SHOE DISCOUNT CORP