RECRAFT CREATIVE REUSE CENTER

EIN: 832639222 501(c)(3) Environment

Greenville, SC

Total Revenue
$472,404
Total Expenses
$433,146
Total Assets
$90,282
Net Assets
$90,282
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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
2019
Legal Domicile
SC
Principal Officer
Grant Cothran
Phone
8643656456
Tax Period
2024-01-01 to 2024-12-31

RECRAFT CREATIVE REUSE CENTER, founded in 2019, is a small nonprofit in the Environment sector that reported $472K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $433K left a modest 8% surplus.

Mission

ReCraft's mission is to promote artistic expression, and environmental education, and community resilience through reuse. ReCraft program services include a donation station, volunteer hub, reuse retail shop, makerspace, and community outreach.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $103,985
Program Service Revenue $368,419
Investment Income $0
Other Revenue $0
TOTAL REVENUE $472,404

Expense Breakdown

Grants Paid $1,204
Salaries & Benefits $256,915
Fundraising Expenses $0
Program Expenses $162,128
Other Expenses $175,027
TOTAL EXPENSES $433,146

Year-over-Year Comparison

2024 2023 Change
Revenue $472,404 $302,196 +0.6%
Expenses $433,146 $297,178 +0.5%
Net Income $39,258 $5,018 +6.8%
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

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Governance

Voting Members
7
Independent Members
7
Employees
14
Volunteers
689

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
0
$0
Total Directors
8
$52,000
Key Employees
1
$52,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Grant Cothran Member at Large, Board of Directors; Executive Director 40
Director Key Emp
$52,000 $0 $52,000
Jennifer Neubauer Member at Large 5
Director
$0 $0 $0
Silvia Chan Chair, Board of Directors 5
Director
$0 $0 $0
Dipti Bhide Secretary, Board of Directors 2
Director
$0 $0 $0
Brandon Leonard Treasurer, Board of Directors 2
Director
$0 $0 $0
Heather Patel Vice Chair, Board of Directors 2
Director
$0 $0 $0
Katie Clark Member at Large, Board of Directors 2
Director
$0 $0 $0
Kelly Weissmann Member at Large, Board of Directors 2
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
2025 No data No data No data No data
2024 $472,404 $433,146 $90,282 $39,258
2023 $302,196 $297,178 $50,958 $5,018
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