THRIFT BARNS OF MORRIS COUNTY

EIN: 812058971 501(c)(3) Public & Societal Benefit

DENVILLE, NJ

Total Revenue
$549,988
Total Expenses
$259,449
Total Assets
$632,979
Net Assets
$632,979
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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
NJ
Principal Officer
GEORGE JANOWICZ
Phone
9736256411
Tax Period
2025-01-01 to 2025-12-31

THRIFT BARNS OF MORRIS COUNTY, founded in 2015, is a small nonprofit in the Public & Societal Benefit sector that reported $550K in total revenue in fiscal year 2025. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $291K, a strong 53% operating margin.

Mission

THE ORGANIZATION IS A CHARITABLE ORGANIZATION THAT ASSISTS AND PROVIDES FUNDING TO THE LOCAL COMMUNITIES. DONATED ITEMS ARE SOLD AND THE PROCEEDS ARE GIVEN TO ORGANIZATIONS THAT PROVIDE NEEDED SERVICES TO THE LOCAL COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $193,360

THE ORGANIZATION SUCCESSFULLY PROVIDES NEEDED FINANCIAL ASSISTANCE TO OTHER ORGANIZATIONS FOR GENERAL SUPPORT THAT SUPPORTS THE LOCAL COMMUNITY. THE ORGANIZATION IS OPERATED BY VOLUNTEERS AND HAS NO...

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THE ORGANIZATION SUCCESSFULLY PROVIDES NEEDED FINANCIAL ASSISTANCE TO OTHER ORGANIZATIONS FOR GENERAL SUPPORT THAT SUPPORTS THE LOCAL COMMUNITY. THE ORGANIZATION IS OPERATED BY VOLUNTEERS AND HAS NO EMPLOYEES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $14,426
Other Revenue $535,562
TOTAL REVENUE $549,988

Expense Breakdown

Grants Paid $158,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $193,360
Other Expenses $100,949
TOTAL EXPENSES $259,449

Year-over-Year Comparison

2025 2024 Change
Revenue $549,988 $372,761 +0.5%
Expenses $259,449 $269,457 0.0%
Net Income $290,539 $103,304 +1.8%
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
11
Independent Members
11
Employees
N/A
Volunteers
28

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE JANOWICZ PRESIDENT 21.00
Officer Director
$0 $0 $0
JOSEPH SOLE TREASURER 21.00
Officer Director
$0 $0 $0
JANICE AMODEO VICE PRESIDE 21.00
Officer Director
$0 $0 $0
LORRAINE ANDERSON SECRETARY 21.00
Officer Director
$0 $0 $0
KATHLEEN HAESSIG TRUSTEE 21.00
Director
$0 $0 $0
ETHAN HOGAN TRUSTEE 21.00
Director
$0 $0 $0
CAROL CANTRELLA TRUSTEE 21.00
Director
$0 $0 $0
ESTHER FALIVENE TRUSTEE 21.00
Director
$0 $0 $0
JULIE HAMILTON TRUSTEE 21.00
Director
$0 $0 $0
JIM KNUTSEN TRUSTEE 21.00
Director
$0 $0 $0
SUZANNE COTERO TRUSTEE 21.00
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 $549,988 $259,449 $632,979 $290,539
2024 $372,761 $269,457 $342,440 $103,304
2023 $325,302 $191,908 $239,136 $133,394
2022 $242,413 $178,371 $105,742 $64,042
2021 $208,498 $212,076 $41,700 $-3,578
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