THE KINDNESS CLOSET INC (EIN 842336402) - 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

2019

Legal Domicile

Principal Officer

ANNE MAUTNER

Phone

9018277592

Tax Period

2023-01-01 to 2023-12-31

THE KINDNESS CLOSET INC, founded in 2019, is a small nonprofit in the Human Services sector that reported $141K in total revenue in fiscal year 2023. Expenses of $132K left a modest 6% surplus.

Mission

THE KINDNESS CLOSET IS COMMITTED TO ADDRESSING HYGIENE POVERTY IN NORTH CAROLINA. HYGIENE POVERTY IS THE LACK OF ACCESS TO BASIC HYGIENE ITEMS SUCH AS SHAMPOO, TOILET PAPER, FEMININE PRODUCTS, DEODORANT, TOOTHPASTE AND LAUNDRY DETERGENT.

🔒

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 $120,454

Program Service Revenue $0

Investment Income $0

Other Revenue $20,217

TOTAL REVENUE $140,671

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,765

Fundraising Expenses $0

Program Expenses $125,285

Other Expenses $121,026

TOTAL EXPENSES $131,791

Year-over-Year Comparison

	2023	2022	Change
Revenue	$140,671	$131,400	+0.1%
Expenses	$131,791	$72,998	+0.8%
Net Income	$8,880	$58,402	-0.8%

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

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
LORI EASON	BOARD MEMBER	2.00	Director	$0	$0	$0
STEPHEN TERO	BOARD MEMBER	2.00	Director	$0	$0	$0
DEB POPOLIZIO	BOARD MEMBER	2.00	Director	$0	$0	$0
LUANNE LUBY	PRESIDENT	20.00	Officer	$0	$0	$0
MEREDITH DALY	TREASURER	2.00	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
2024	No data	No data	No data	No data
2023	$140,671	$131,791	$81,358	$8,880
2022	$131,400	$72,998	$72,478	$58,402

THE KINDNESS CLOSET INC