KATONAH THRIFT SHOP INC

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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

1945

Legal Domicile

Principal Officer

SHARON BALLEN

Phone

9142323010

Tax Period

2024-06-01 to 2025-05-31

KATONAH THRIFT SHOP INC, founded in 1945, is a small nonprofit in the Human Services sector that reported $107K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $95K left a modest 11% surplus.

Mission

TO PROVIDE GRANTS TO THE WOMEN'S CIVIC CLUB OF KATONAH.

Program Service Accomplishments

Program 1

Expenses: $60,505

PROVIDE GRANTS TO THE WOMEN'S CIVIC CLUB OF KATONAH, INC. WHICH PROMOTES CIVIC RESPONSIBILITIES OF ITS MEMBERSHIP AND THE FURTHERING OF PROJECTS.

Program 2

TO PROVIDE A PLACE WHERE ARTICLES CAN BE BOUGHT AT BARGAIN PRICES.

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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 $106,160

Program Service Revenue $0

Investment Income $0

Other Revenue $1,316

TOTAL REVENUE $107,476

Expense Breakdown

Grants Paid $60,505

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,505

Other Expenses $34,733

TOTAL EXPENSES $95,238

Year-over-Year Comparison

	2024	2023	Change
Revenue	$107,476	$114,888	-0.1%
Expenses	$95,238	$110,214	-0.1%
Net Income	$12,238	$4,674	+1.6%

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

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
JANE MULLEN	TRUSTEE	5.00	Director	$0	$0	$0
ELYSE KERRIGAN	TRUSTEE	5.00	Director	$0	$0	$0
CONNIE JAKOLA	TRUSTEE	5.00	Director	$0	$0	$0
JACKIE MCCOWAN	TRUSTEE	5.00	Director	$0	$0	$0
LINGYUN LOU	TRUSTEE	5.00	Officer	$0	$0	$0
SHARON BALLEN	FINANCIAL MANAGER/TRUSTEE	5.00	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
2025	$107,476	$95,238	$39,669	$12,238
2024	$114,888	$110,214	$27,232	$4,674
2023	$108,062	$102,613	$22,775	$5,449
2022	$107,007	$140,442	$17,277	$-33,435
2021	$74,283	$29,412	$50,759	$44,871
2020	$97,584	$107,696	$4,123	$-10,112
2019	$108,178	$106,223	$14,957	$1,955
2018	$77,049	$77,671	$13,227	$-622