THRIFT BARNS OF MORRIS COUNTY

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

DENVILLE, NJ

Total Revenue
$372,761
Total Expenses
$269,457
Total Assets
$342,440
Net Assets
$342,440
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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
2024-01-01 to 2024-12-31

THRIFT BARNS OF MORRIS COUNTY, founded in 2015, is a small nonprofit in the Public & Societal Benefit sector that reported $373K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $103K, a strong 28% 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.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $12,537
Other Revenue $360,224
TOTAL REVENUE $372,761

Expense Breakdown

Grants Paid $163,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $208,314
Other Expenses $105,957
TOTAL EXPENSES $269,457

Year-over-Year Comparison

2024 2023 Change
Revenue $372,761 $325,302 +0.1%
Expenses $269,457 $191,908 +0.4%
Net Income $103,304 $133,394 -0.2%
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
10
Independent Members
10
Employees
N/A
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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE JANOWICZ PRESIDENT 10.00
Officer Director
$0 $0 $0
JOSEPH SOLE TREASURER 10.00
Officer Director
$0 $0 $0
JANICE AMODEO VICE PRESIDE 10.00
Officer Director
$0 $0 $0
LORRAINE ANDERSON RECORDING SE 10.00
Officer Director
$0 $0 $0
KATHLEEN HAESSIG TRUSTEE 10.00
Director
$0 $0 $0
LYNN KRUEGER TRUSTEE 10.00
Director
$0 $0 $0
ETHAN HOGAN TRUSTEE 10.00
Director
$0 $0 $0
CAROL CANTRELLA TRUSTEE 10.00
Director
$0 $0 $0
ESTHER FALIVENE TRUSTEE 10.00
Director
$0 $0 $0
ANNIE SCHUSSLER TRUSTEE 10.00
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 $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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