BARGAINS AND BLESSINGS

EIN: 810695030 501(c)(3) Human Services

WILLMAR, MN

Total Revenue
$797,538
Total Expenses
$715,779
Total Assets
$372,988
Net Assets
$225,412
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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
MN
Principal Officer
BECKY ZONDERVAN
Phone
3202351213
Tax Period
2022-07-01 to 2023-06-30

BARGAINS AND BLESSINGS, founded in 2015, is a small nonprofit in the Human Services sector that reported $798K in total revenue in fiscal year 2022. Expenses of $716K left a modest 10% surplus.

Mission

BARGAINS AND BLESSINGS IS A COMMUNITY THRIFT STORE THAT ACCEPTS DONATIONS OF CLOTHING AND HOUSEHOLD GOODS TO RESELL. PROCEEDS ARE DONATED TO OTHER COMMUNITY CHARITIES AND RELIGIOUS 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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $8,634
Program Service Revenue $0
Investment Income $1,044
Other Revenue $787,860
TOTAL REVENUE $797,538

Expense Breakdown

Grants Paid $27,397
Salaries & Benefits $336,974
Fundraising Expenses $0
Program Expenses $698,880
Other Expenses $351,408
TOTAL EXPENSES $715,779

Year-over-Year Comparison

2022 2021 Change
Revenue $797,538 $751,809 +0.1%
Expenses $715,779 $717,120 0.0%
Net Income $81,759 $34,689 +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

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Governance

Voting Members
2
Independent Members
N/A
Employees
36
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
2
$78,050
Total Directors
2
$78,050
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENA HILLENBRAND SECRETARY 40.00
Officer Director
$42,561 $0 $42,561
BECKY ZONDERVAN PRESIDENT 40.00
Officer Director
$35,489 $0 $35,489
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 $797,538 $715,779 $372,988 $81,759
2022 $751,809 $717,120 $232,103 $34,689
2021 $647,975 $630,902 $205,621 $17,073
2020 $362,460 $356,485 $34,780 $5,975
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