SPECTRUM THRIFT STORE INC (EIN 822158521) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

MARK TILLMAN

Phone

7046071427

Tax Period

2024-01-01 to 2024-12-31

SPECTRUM THRIFT STORE INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $507K in total revenue in fiscal year 2024. Expenses of $594K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE ORGANIZATIONS MISSION IS TO GIVE EMPLOYMENT OPPORTUNITIES TO INDIVIDUALS WITH AUTISM AND DEVELOPMENT DELAYS. BECAUSE EVERYONE DESERVES TO THRIVE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $506,913

Investment Income $0

Other Revenue $0

TOTAL REVENUE $506,913

Expense Breakdown

Grants Paid $0

Salaries & Benefits $200,460

Fundraising Expenses $0

Program Expenses $593,713

Other Expenses $393,253

TOTAL EXPENSES $593,713

Year-over-Year Comparison

	2024	2023	Change
Revenue	$506,913	$509,615	0.0%
Expenses	$593,713	$514,344	+0.2%
Net Income	$-86,800	$-4,729	+17.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$71,737

Total Directors

$71,737

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALISA TILLMAN	OFFICER	0.00	Officer Director	$62,308	$0	$62,308
MARK TILLMAN	PRESIDENT	40.00	Officer Director	$9,429	$0	$9,429
BILYANA LINTON	SECRETARY	0.00	Officer Director	$0	$0	$0
LIZ TURNER ZURN	TREASYRER	0.00	Officer Director	$0	$0	$0
MARCUS SOWCIK	DIRECTOR	0.00	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	$506,913	$593,713	$35,571	$-86,800
2023	$509,615	$514,344	$113,881	$-4,729
2022	$649,603	$663,852	$119,699	$-14,249
2021	$605,740	$614,999	$133,382	$-9,259
2020	$519,182	$512,432	$118,683	$6,750
2019	$357,378	$349,612	$73,719	$7,766
2018	$304,762	$241,524	$83,468	$63,238

SPECTRUM THRIFT STORE INC