MAMAS HOUSE OF THRIFT (EIN 831369725) - 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

2018

Legal Domicile

Phone

9105149448

Tax Period

2023-01-01 to 2023-12-31

MAMAS HOUSE OF THRIFT, founded in 2018, is a micro nonprofit that reported $12K in total revenue in fiscal year 2023. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $158K exceeded revenue, resulting in a 1174% operating deficit.

Mission

Mamas House of Thrift Inc exists to serve its Exempt Charitable purpose of helping local families and individuals in a tri-county area composed of Harnett Johnston and Wake Counties NC which are in need. The entity seeks to improve access to nutritional meals and basic material needs of life for the underprivileged.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,297

Program Service Revenue $0

Investment Income $0

Other Revenue $8,074

TOTAL REVENUE $12,371

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $148,916

Other Expenses $157,661

TOTAL EXPENSES $157,661

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,371	$547,952	-1.0%
Expenses	$157,661	$706,761	-0.8%
Net Income	$-145,290	$-158,809	-0.1%

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

N/A

Independent Members

N/A

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
Janette Rod	President	20.00	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
2023	$12,371	$157,661	No data	$-145,290
2022	$547,952	$706,761	$90,126	$-158,809
2021	$906,675	$915,786	$243,278	$-9,111
2020	$896,316	$763,034	$279,926	$133,282
2019	$357,421	$273,826	$111,644	$83,595
2018	$137,083	$109,034	$54,183	$28,049

MAMAS HOUSE OF THRIFT