CAPE MAY COMMUNITY FOOD CLOSET INC (EIN 822727241) - 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

2018

Legal Domicile

Principal Officer

LAURA SHADDOCK

Phone

6096007715

Tax Period

2024-01-01 to 2024-12-31

CAPE MAY COMMUNITY FOOD CLOSET INC, founded in 2018, is a small nonprofit in the Human Services sector that reported $422K in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $169K, a strong 40% operating margin.

Mission

OUR MISSION IS TO FIGHT HUNGER THROUGH THE PROCUREMENT AND DISTRIBUTION OF GROCERIES TO QUALIFIED AND LOW-INCOME PEOPLE IN CAPE MAY COUNTY, N.J.

🔒

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 $417,076

Program Service Revenue $0

Investment Income $4,517

Other Revenue $0

TOTAL REVENUE $421,593

Expense Breakdown

Grants Paid $176,421

Salaries & Benefits $0

Fundraising Expenses $22,710

Program Expenses $176,421

Other Expenses $76,450

TOTAL EXPENSES $252,871

Year-over-Year Comparison

	2024	2023	Change
Revenue	$421,593	$261,643	+0.6%
Expenses	$252,871	$241,654	+0.0%
Net Income	$168,722	$19,989	+7.4%

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

N/A

Volunteers

135

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
LAURA SHADDOCK	PRESIDENT	11.00	Officer	$0	$0	$0
KATHLEEN HOLZ	VICE PRESIDENT	4.00	Officer	$0	$0	$0
LUCIA OSIECKI	SECRETARY	2.00	Officer	$0	$0	$0
DAVID HAMMOND	TREASURER	7.00	Officer	$0	$0	$0
NANCY HANSLOWE	EXECUTIVE DIRECTOR	40.00	Officer	$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	No data	No data	No data	No data
2024	$421,593	$252,871	$528,042	$168,722
2023	$261,643	$241,654	$310,241	$19,989

CAPE MAY COMMUNITY FOOD CLOSET INC