Throw Back Thrift

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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

Jennifer Nicholaides

Tax Period

2023-01-01 to 2023-12-31

Throw Back Thrift, founded in 2015, is a small nonprofit in the Human Services sector that reported $130K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

Operate thrift shop to support three different categories of 501(c)(3) organizations: (1) animal rescue and adoption; (2) faith-based education for underserved and underprivileged youth; (3) addressing human suffering issues globally, including human trafficking

Program Service Accomplishments

Program 1

Expenses: $134,439

Distribute linens and financial resources to organizations that support animal rescue and adoption. Distribute linens and clothing to organizations providing shelter for the homeless or housing...

Distribute linens and financial resources to organizations that support animal rescue and adoption. Distribute linens and clothing to organizations providing shelter for the homeless or housing rehabilitation and clothing for low-income families. Distribute clothing, linens and other household items to other not-for-profit thrift shops.

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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 $130,152

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $130,152

Expense Breakdown

Grants Paid $4,924

Salaries & Benefits $63,309

Fundraising Expenses $0

Program Expenses $134,439

Other Expenses $69,640

TOTAL EXPENSES $137,873

Year-over-Year Comparison

	2023	2022	Change
Revenue	$130,152	$143,775	-0.1%
Expenses	$137,873	$157,510	-0.1%
Net Income	$-7,721	$-13,735	-0.4%

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

Employees

Volunteers

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
June Jones	Director	0.00	Director	$0	$0	$0
Pamela Tobin	Director	0.00	Director	$0	$0	$0
Stasie Nicholaides	Director	0.00	Director	$0	$0	$0
Dorritt Sterner	Director	0.00	Director	$0	$0	$0
Jennifer Fair	Treasurer	0.00	Director	$0	$0	$0
Joan Hamel	Director	0.00	Director	$0	$0	$0
Jennifer Nicholaides	President	40.00	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
2024	No data	No data	No data	No data
2023	$130,152	$137,873	$45,537	$-7,721
2022	$143,775	$157,510	$53,198	$-13,735
2021	$147,713	$137,819	$66,994	$9,894
2020	$108,853	$110,751	$57,012	$-1,898
2019	$132,273	$117,742	$55,596	$14,531