Fayette Thrift Shop Inc (EIN 581918112) - 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

1990

Legal Domicile

Phone

7704607199

Tax Period

2024-09-01 to 2025-08-31

Fayette Thrift Shop Inc, founded in 1990, is a small nonprofit in the Human Services sector that reported $222K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $259K exceeded revenue, resulting in a 17% operating deficit.

Mission

To support other 501(c)(3) organizations

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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 $300

Program Service Revenue $0

Investment Income $21

Other Revenue $221,916

TOTAL REVENUE $222,237

Expense Breakdown

Grants Paid $169,000

Salaries & Benefits $51,282

Fundraising Expenses $0

Program Expenses $254,384

Other Expenses $39,116

TOTAL EXPENSES $259,398

Year-over-Year Comparison

	2024	2023	Change
Revenue	$222,237	$327,642	-0.3%
Expenses	$259,398	$326,459	-0.2%
Net Income	$-37,161	$1,183	-32.4%

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

N/A

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
Paula Frasier	Board Member	5.00	Director	$0	$0	$0
Lynette Thornborough	Board member	5.00	Director	$0	$0	$0
Dorte Rasmussen	Board member	5.00	Director	$0	$0	$0
Denise Greene	President & Sec	30.00	Director	$0	$0	$0
Erin Skinner	Treasurer	20.00	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
2025	$222,237	$259,398	No data	$-37,161
2024	$327,642	$326,459	$37,161	$1,183
2023	$300,428	$295,274	$35,978	$5,154
2022	$299,340	$302,245	$30,824	$-2,905
2021	$260,679	$258,437	$33,729	$2,242
2018	$132,949	$132,352	$32,073	$597

Fayette Thrift Shop Inc