THE STORE INC (EIN 814247568) - 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

2016

Legal Domicile

Principal Officer

COLLEN MAYER

Phone

6153831161

Tax Period

2024-01-01 to 2024-12-31

THE STORE INC, founded in 2016, is a community nonprofit in the Human Services sector that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 251% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 53% operating margin.

Mission

AIM TO SOLVE HUNGER ISSUES IN THE COMMUNITY BY OPERATING A YEAR-ROUND FREE GROCERY STORE.

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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 $3,961,187

Program Service Revenue $0

Investment Income $319,066

Other Revenue $-3,027

TOTAL REVENUE $4,277,226

Expense Breakdown

Grants Paid $973,192

Salaries & Benefits $639,740

Fundraising Expenses $217,378

Program Expenses $1,600,957

Other Expenses $356,168

TOTAL EXPENSES $2,019,600

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,277,226	$1,217,712	+2.5%
Expenses	$2,019,600	$1,200,782	+0.7%
Net Income	$2,257,626	$16,930	+132.4%

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

Employees

Volunteers

1000

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

$183,320

Total Directors

$24,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRAD PAISLEY	FOUNDER	2.00	Director	$0	$0	$0
KIMBERLY WILLIAMS-PAISLEY	FOUNDER	2.00	Director	$0	$0	$0
MICHELLE ROWE	PRESIDENT	20.00	Officer Director	$0	$0	$0
DEBBIE WILKINS	SECRETARY	5.00	Officer Director	$0	$0	$0
ELAINE BRYAN	TREASURER	10.00	Officer Director	$24,000	$0	$24,000
JOHN SCHARIO	PAST PRESIDENT	2.00	Director	$0	$0	$0
KENDRA DEAS	DIRECTOR	2.00	Director	$0	$0	$0
MELISSA EADS	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN JONES	DIRECTOR	2.00	Director	$0	$0	$0
BILL SIMMONS	DIRECTOR	2.00	Director	$0	$0	$0
DAVID MINNINGAN	DIRECTOR	2.00	Director	$0	$0	$0
CLIFTON PEAY	DIRECTOR	2.00	Director	$0	$0	$0
CYNTHIA WHITFIELD-STORY	DIRECTOR	2.00	Director	$0	$0	$0
COLE BRANTLEY	DIRECTOR	2.00	Director	$0	$0	$0
AMY MADEN	DIRECTOR	2.00	Director	$0	$0	$0
DORENA WILLIAMSON	DIRECTOR	2.00	Director	$0	$0	$0
JOHN NEFFLEN	DIRECTOR	2.00	Director	$0	$0	$0
AMY MILLSLAGLE	DIRECTOR	2.00	Director	$0	$0	$0
COLLEN MEYER	EXECUTIVE DIRECTOR	40.00	Officer	$128,366	$30,954	$159,320

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	$4,277,226	$2,019,600	$8,012,696	$2,257,626
2023	$1,217,712	$1,200,782	$5,648,473	$16,930
2022	$1,489,022	$996,019	$5,290,720	$493,003
2021	$1,545,548	$769,931	$5,268,766	$775,617
2020	$1,930,689	$628,992	$4,351,266	$1,301,697
2019	$2,352,674	$113,347	$2,977,058	$2,239,327
2018	$615,719	$61,246	$595,947	$554,473

THE STORE INC