NORTHSIDE GROCERY INC (EIN 842675081) - 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

2019

Legal Domicile

Principal Officer

REVEREND JOSEPH SELLEPAK

Phone

6072353268

Tax Period

2024-07-01 to 2025-06-30

NORTHSIDE GROCERY INC, founded in 2019, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $64K in total revenue in fiscal year 2024. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $791K exceeded revenue, resulting in a 1133% operating deficit.

Mission

TO PROVIDE ACCESS TO AFFORDABLE FOOD OPTIONS IN LOW INCOME AREAS THROUGH THE OPERATION OF A STANDALONE GROCERY STORE AS WELL AS THROUGH THE OPERATION OF A MOBILE GROCERY BUS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $141,178

Program Service Revenue $0

Investment Income $0

Other Revenue $-76,969

TOTAL REVENUE $64,209

Expense Breakdown

Grants Paid $0

Salaries & Benefits $461,534

Fundraising Expenses $0

Program Expenses $733,807

Other Expenses $329,962

TOTAL EXPENSES $791,496

Year-over-Year Comparison

	2024	2023	Change
Revenue	$64,209	$225,910	-0.7%
Expenses	$791,496	$615,735	+0.3%
Net Income	$-727,287	$-389,825	+0.9%

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

Independent Members

Employees

Volunteers

100

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

$66,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
REVEREND JOSEPH SELLEPACK	Executive Dir.	Officer	$0	$0	$66,500
STEPHEN HEISS	Chairman	Director	$0	$0	$0
NANCY BAUDENDISTEL	Treasurer	Director	$0	$0	$0
MARSHALL C MCMURRAY	Secretary	Director	$0	$0	$0
JOANNE HANRAHAN	Director	Director	$0	$0	$0
KURT M ESCHBACH	Director	Director	$0	$0	$0
MICHAEL DECKER	Director	Director	$0	$0	$0
CYNTHIA KIRK	Director	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	$64,209	$791,496	$505,853	$-727,287
2024	$225,910	$615,735	$616,097	$-389,825
2023	$187,533	$612,659	$716,884	$-425,126
2022	$291,928	$517,756	$730,907	$-225,828
2020	$515,259	$34,158	$481,101	$481,101

NORTHSIDE GROCERY INC