STOREHOUSE INC (EIN 611938343) - 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

2020

Legal Domicile

Principal Officer

ADAM SMITH

Phone

3048608934

Tax Period

2023-01-01 to 2023-12-31

STOREHOUSE INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $273K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $240K left a modest 12% surplus.

Mission

REBUILDING COMMUNITIES THAT HAVE BEEN AFFECTED BY POVERTY BY PROVIDING FOOD, CLOTHING AND OTHER RESOURCES.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $272,858

TOTAL REVENUE $272,858

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,671

Fundraising Expenses $178,606

Program Expenses $10,250

Other Expenses $201,065

TOTAL EXPENSES $239,736

Year-over-Year Comparison

	2023	2022	Change
Revenue	$272,858	$209,571	+0.3%
Expenses	$239,736	$178,636	+0.3%
Net Income	$33,122	$30,935	+0.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM SMITH	President	30.00	Officer	$0	$0	$0
Branden Moore	Treasurer	0.00	Officer	$0	$0	$0
CHRISTINA HAWKINS	Secretary	30.00	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
2023	$272,858	$239,736	$23,427	$33,122
2022	$209,571	$178,636	$56,300	$30,935
2021	$220,381	$231,846	$28,103	$-11,465
2020	$195,579	$95,882	$27,609	$99,697

STOREHOUSE INC