Clothes to the Rescue Incorporated (EIN 821105707) - 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

2017

Legal Domicile

Principal Officer

ROY NIEDFELDT

Tax Period

2021-01-01 to 2021-12-31

Clothes to the Rescue Incorporated, founded in 2017, is a micro nonprofit in the Crime & Legal sector that reported $55K in total revenue in fiscal year 2021. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $25K, a strong 45% operating margin.

Mission

Clothes to the Rescue purpose is to hire people who traditionally have difficulty accessing employment

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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 (2021)

Revenue Breakdown

Contributions & Grants $54,934

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $54,934

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $29,952

Other Expenses $29,952

TOTAL EXPENSES $29,952

Year-over-Year Comparison

	2021	2020	Change
Revenue	$54,934	$70,520	-0.2%
Expenses	$29,952	$82,560	-0.6%
Net Income	$24,982	$-12,040	-3.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROY NIEDFELDT	President	10.00	Director	$0	$0	$0
MICHELLE NIEDFELDT	Treasurer	1.000	Director	$0	$0	$0
RANDI NIEDFELDT	Vice President	1.000	Director	$0	$0	$0
TEJZAN JAMES	CEO	1.000	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
2021	$54,934	$29,952	No data	$24,982
2019	$2,328,663	$2,409,872	$2,902	$-81,209
2018	$2,877,544	$3,026,767	$-16,402	$-149,223
2017	$78,572	$50,561	$35,662	$28,011

Clothes to the Rescue Incorporated