COMMUNITYWORX FKA PTA THRIFT SHOP INC (EIN 560678985) - 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

1952

Legal Domicile

Principal Officer

BARBARA JESSIE-BLACK

Phone

9199426565

Tax Period

2022-07-01 to 2023-06-30

COMMUNITYWORX FKA PTA THRIFT SHOP INC, founded in 1952, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2022. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO CONDUCT RESALE RETAIL OPERATIONS AND THE RENTING OF SPACE TO COMMUNITY ORGANIZATIONS ENRICHING LIVES OF YOUTH AND FAMILIES THROUGH EDUCATIONAL AND COMMUNITY INVESTMENTS. EDUCATIONAL AND COMMUNITY INVESTMENTS ARE DEFINED AS CREATING ACCESS TO RESOURCES TO ORANGE COUNTY, NORTH CAROLINA AND TRIANGLE BASED NONPROFIT ORGANIZATIONS, TO INCLUDE BUT NOT LIMITED TO, AREA SCHOOL DISTRICT PARTNERS. ANNUAL NET PROCEEDS, WHEN AVAILABLE, ARE ALLOCATED TO THE CHAPEL HILL CARRBORO CITY SCHOOL PARENT TEACHER ASSOCIATIONS (PTAS) AS WELL AS ANY OTHER PUBLICLY FUNDED SCHOOL(S) IN THE CHAPEL HILL CARRBORO CITY LIMITS WITH VIABLE PTAS THROUGH A GRANT FUNDING MODEL.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,200,420

Program Service Revenue $0

Investment Income $0

Other Revenue $59,076

TOTAL REVENUE $1,259,496

Expense Breakdown

Grants Paid $0

Salaries & Benefits $981,003

Fundraising Expenses $69,599

Program Expenses $974,407

Other Expenses $411,003

TOTAL EXPENSES $1,392,006

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,259,496	$1,612,558	-0.2%
Expenses	$1,392,006	$1,267,113	+0.1%
Net Income	$-132,510	$345,445	-1.4%

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

$74,377

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA JESSIE-BLACK	PRESIDENT/CE	60.00	Officer	$74,377	$0	$74,377
MAUREEN BERNER	DIRECTOR	2.00	Director	$0	$0	$0
DAWN EDGERTON	DIRECTOR	2.00	Director	$0	$0	$0
KEVIN HICKS	DIRECTOR	2.00	Director	$0	$0	$0
PHYLLIS MACK HORTON	DIRECTOR	2.00	Director	$0	$0	$0
LIBBIE HOUGH	CHAIR	2.00	Director	$0	$0	$0
JACLYN KROHN	DIRECTOR	2.00	Director	$0	$0	$0
JOEL LEVY	TREASURER	2.00	Director	$0	$0	$0
DAVID MORGAN	DIRECTOR	2.00	Director	$0	$0	$0
KELLEY O'BRIEN	DIRECTOR	2.00	Director	$0	$0	$0
JOHN PERRY	VICE CHAIR	2.00	Director	$0	$0	$0
MONICA SHACKLEFORD-WEBB	DIRECTOR	2.00	Director	$0	$0	$0
WILHELMINA STEEN	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL WILLIAMS	DIRECTOR	2.00	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	$1,259,496	$1,392,006	$4,759,739	$-132,510
2022	$1,612,558	$1,267,113	$4,935,522	$345,445
2021	$831,919	$1,183,761	$4,941,173	$-351,842
2020	$1,141,693	$1,541,633	$5,125,462	$-399,940

COMMUNITYWORX FKA PTA THRIFT SHOP INC