CHEAPER BY THE POUND-HELPING CLOSET

🔒

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

Ghaalib Green

Phone

8185649472

Tax Period

2023-01-01 to 2023-12-31

CHEAPER BY THE POUND-HELPING CLOSET, founded in 2018, is a micro nonprofit in the Human Services sector that reported $60K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring.

Mission

Organized to help the less fortunate through community development the arts and charitable giving

Program Service Accomplishments

Program 1

Expenses: $30,000 Revenue: $0

We provided housing and home furnishings for women in transition from homelessness

Program 2

Expenses: $25,000 Revenue: $9

Helped over 10 women open businesses to attain self sufficiency.

Program 3

Expenses: $5,000 Revenue: $0

Provided grants to Starving Artist (Homeless artist)through programs for the arts

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $60,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $60,000

Expense Breakdown

Grants Paid $60,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,000

Other Expenses $0

TOTAL EXPENSES $60,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$60,000	$100,000	-0.4%
Expenses	$60,000	$100,000	-0.4%
Net Income	$0	$0	N/A

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

N/A

Employees

N/A

Volunteers

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
Desiree Young	Secretary	80	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	No data	No data	No data	No data
2023	$60,000	$60,000	$500,000	No data
2022	$100,000	$100,000	$500,000	No data
2021	$825,000	$351,000	$811,671	$474,000
2020	$253,676	$253,676	$311,671	No data