Hope Thrift II Inc

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

Ron Beebe

Phone

8659630312

Tax Period

2018-01-01 to 2018-12-31

Hope Thrift II Inc, founded in 2014, is a micro nonprofit that reported $14K in total revenue in fiscal year 2018. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $22K exceeded revenue, resulting in a 63% operating deficit.

Mission

Form 990 - Organizations Mission - Hope Thrift II is a Christian faith based organization that collects clothes and other household items and offers them for sale at discount prices. Proceeds from the sales are donated to Seeds of Hope Ministries, Inc., a related 501c3 organization. A portion of the clothing and other items collected will be distributed to those in need without charge. Newly released inmates work in this ministry to assist in their reentry into the community.

Program Service Accomplishments

Program 1

Expenses: $22,292 Revenue: $13,710

Hope Thrift II is a Christian faith based organization that collects clothes and other household items and offers them for sale at discount prices. Proceeds from the sales are donated to Seeds of...

Hope Thrift II is a Christian faith based organization that collects clothes and other household items and offers them for sale at discount prices. Proceeds from the sales are donated to Seeds of Hope Ministries, Inc., a related 501c 3 organization. A portion of the clothing and other items collected will be distributed to those in need without charge. Newly released inmates work in this ministry to assist in their re-entry into the community.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $13,710

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $13,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,000

Fundraising Expenses $0

Program Expenses $22,292

Other Expenses $11,292

TOTAL EXPENSES $22,292

Year-over-Year Comparison

	2018	2017	Change
Revenue	$13,710	$331,611	-1.0%
Expenses	$22,292	$323,420	-0.9%
Net Income	$-8,582	$8,191	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$69,628

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William Antinore	President	005.00	Officer	$0	$0	$69,628
William F Borghard	Secretary	010.00	Officer	$0	$0	$0
Ronald Beebe	Treasurer	010.00	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
2018	$13,710	$22,292	No data	$-8,582