VETERANS THRIFT STORE INC

EIN: 845073201 501(c)(3) Human Services

EATONTON, GA

Total Revenue
$389,225
Total Expenses
$323,670
Total Assets
$162,128
Net Assets
$159,673
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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
2023
Legal Domicile
GA
Principal Officer
SHERREL BARKER
Phone
7064735406
Tax Period
2024-01-01 to 2024-12-31

VETERANS THRIFT STORE INC, founded in 2023, is a small nonprofit in the Human Services sector that reported $389K in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $66K, a strong 17% operating margin.

Mission

TO BECOME ONE OF THE LEADING BRANDS ON THE THRIFT INDUSTRY OF USED GOODS STORES IN GEORGIA.

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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 $0
Program Service Revenue $389,225
Investment Income $0
Other Revenue $0
TOTAL REVENUE $389,225

Expense Breakdown

Grants Paid $0
Salaries & Benefits $169,892
Fundraising Expenses $22,443
Program Expenses $249,263
Other Expenses $153,778
TOTAL EXPENSES $323,670

Year-over-Year Comparison

2024 2023 Change
Revenue $389,225 $258,195 +0.5%
Expenses $323,670 $219,079 +0.5%
Net Income $65,555 $39,116 +0.7%
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
2
Independent Members
2
Employees
6
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GENE ROBERTS PRESIDENT 11.00
Director
$0 $0 $0
SHERREL BARKER SECRETARY & TREASURER 70.00
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
2024 $389,225 $323,670 $162,128 $65,555
2023 $258,195 $218,079 $94,803 $40,116
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