JUNK FOR JOY INC

EIN: 851751785 501(c)(3) Arts, Culture & Humanities

PLANO, TX

Total Revenue
$2,348,646
Total Expenses
$1,044,367
Total Assets
$289,106
Net Assets
$289,106
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
TX
Principal Officer
ELIYOHU MINTZ
Phone
7327301000
Tax Period
2024-01-01 to 2024-12-31

JUNK FOR JOY INC, founded in 2020, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 92% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 56% operating margin.

Mission

BORN IN TEXAS IN 2020, JUNK FOR JOY IS ON A MISSION TO TURN UNUSED CARS INTO FUNDS FOR A GOOD CAUSE. WE MAKE IT EASY FOR DONORS TO JOIN US WITH QUICK, FREE AND CONVENIENT PICKUP OF VEHICLES IN ALL CONDITIONS. WE ARE HYPER FOCUSED ON MAKING THE MOST WE CAN OUT OF EACH DONATION.OUR CAR DONATION PROGRAM IS NEW BUT THE THE CHARITY PROGRAMS IT FUNDS HAVE BEEN MAKING AN IMPACT FOR DECADES. JUNK FOR JOY PROUDLY SUPPORTS OORAH, A NATIONAL ORGANIZATION THAT HAS BEEN SUPPORTING THE JEWISH COMMUNITY WITH FAMILY AND YOUTH OUTREACH PROGRAMS SINCE THE 1970S. PROVIDING EVERYTHING FROM FINANCIAL ASSISTANCE TO PERSONAL MENTORSHIP, OUR YEAR-ROUND PROGRAMS ARE A LIFELINE TO CHILDREN AND FAMILIES ACROSS THE COUNTRY.

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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 $2,470,085
Program Service Revenue $0
Investment Income $0
Other Revenue $-121,439
TOTAL REVENUE $2,348,646

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,016,426
Other Expenses $1,044,367
TOTAL EXPENSES $1,044,367

Year-over-Year Comparison

2024 2023 Change
Revenue $2,348,646 $1,222,144 +0.9%
Expenses $1,044,367 $1,460,897 -0.3%
Net Income $1,304,279 $-238,753 -6.5%
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
3
Independent Members
2
Employees
N/A
Volunteers
2

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
3
$290,254
Total Directors
3
$180,435
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIYOHU MINTZ PRESIDENT 1.00
Officer Director
$0 $62,185 $180,435
ROCHEL SICKER TREASURER 1.00
Officer
$0 $0 $66,492
FAYGE GEWIRTZ SECRETARY 1.00
Officer
$0 $8,060 $43,327
MENACHEM BRESLER DIRECTOR 1.00
Director
$0 $0 $0
MICHEL LOMNER DIRECTOR 1.00
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 $2,348,646 $1,044,367 $289,106 $1,304,279
2023 $1,222,144 $1,460,897 $345,205 $-238,753
2022 $514,516 $1,058,090 $144,668 $-543,574
2021 $280,886 $503,255 $77,472 $-222,369
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