ACT TWO SECOND HAND STORE INC (EIN 843828340) - 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

2020

Legal Domicile

Principal Officer

Kevin D Ryan

Phone

5083382124

Tax Period

2024-01-01 to 2024-12-31

ACT TWO SECOND HAND STORE INC, founded in 2020, is a small nonprofit in the Public & Societal Benefit sector that reported $221K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

Charitable fund raising for 501(c)(3)Theatre, Music, Arts, and Educational organizations in the Martha's Vineyard community.

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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 $221,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $221,000

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $160,886

Fundraising Expenses $0

Program Expenses $1,000

Other Expenses $64,906

TOTAL EXPENSES $226,792

Year-over-Year Comparison

	2024	2023	Change
Revenue	$221,000	$235,000	-0.1%
Expenses	$226,792	$15,000	+14.1%
Net Income	$-5,792	$220,000	-1.0%

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

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
Deborah Thomas	Volunteer	6.00	Director	$0	$0	$0
Kevin D Ryan	Co-Founder/manager	37.50	Officer Director Key Emp Highest	$0	$0	$0
Joanne P Ryan	Bookkeeeper	10.00	Officer Director Key Emp	$0	$0	$0
Alice Russell	Associate	12.00	Key Emp	$0	$0	$0
Alissa Keenan	Co-Founder/Manager	20.00	Officer Director Key Emp	$0	$0	$0
Sue Parks	Volunteer	8.00		$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	$221,000	$226,792	$48,210	$-5,792
2023	$219,516	$260,285	$107,533	$-40,769
2022	$379,052	$273,822	$192,293	$105,230

ACT TWO SECOND HAND STORE INC