SHELTERSUIT USA FOUNDATION (EIN 850873731) - 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

BAS TIMMER

Phone

3476945321

Tax Period

2024-01-01 to 2024-12-31

SHELTERSUIT USA FOUNDATION, founded in 2020, is a micro nonprofit that reported $61K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $15K, a strong 24% operating margin.

Mission

THE PURPOSE OF SHELTERSUIT USA FOUNDATION (THE FOUNDATION ) IS TO DESIGN, MANUFACTURE AND SUPPLY CLOTHING AND ACCESSORY PRODUCTS FOR PERSONS EXPERIENCING HOMELESSNESS AND OTHERS IN NEED. ADDITIONALLY, THE FOUNDATION COLLECTS MATERIALS FOR THE MANUFACTURING OF THE AFOREMENTIONED CLOTHING AND ACCESSORY PRODUCTS AND UTILIZES SERVICES IN CONNECTION TO THERETO.

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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 $60,987

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $60,987

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $46,193

TOTAL EXPENSES $46,193

Year-over-Year Comparison

	2024	2023	Change
Revenue	$60,987	$109,793	-0.4%
Expenses	$46,193	$146,568	-0.7%
Net Income	$14,794	$-36,775	-1.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSE GORDON LONG	DIRECTOR	N/A	Director	$0	$0	$0
BAS TIMMER	PRESIDENT	0.50	Director	$0	$0	$0
JACOB WILLEMSEN	SECRETARY	N/A	Director	$0	$0	$0
CARL VAN DER ZANDT	DIRECTOR	0.50	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	$60,987	$46,193	$32,642	$14,794
2023	$109,793	$146,568	$17,455	$-36,775
2022	$85,524	$106,960	$53,941	$-21,436
2021	$143,570	$213,301	$102,284	$-69,731

SHELTERSUIT USA FOUNDATION