BOBBIES PLACE INC

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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

MICHELLE SCHICK

Phone

6465686606

Tax Period

2023-01-01 to 2023-12-31

BOBBIES PLACE INC, founded in 2020, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 7% surplus.

Mission

To provide clothing and other assistance to needy individuals as well as to other Jewish charitable, religious, and educational organizations.

Program Service Accomplishments

Program 1

Expenses: $1,382,704

To provide clothing and other assistance to needy individuals as well as to other Jewish charitable, religious, and educational organizations.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,526,750

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,526,750

Expense Breakdown

Grants Paid $1,333,177

Salaries & Benefits $0

Fundraising Expenses $29,000

Program Expenses $1,382,704

Other Expenses $92,144

TOTAL EXPENSES $1,425,321

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,526,750	$1,051,864	+0.5%
Expenses	$1,425,321	$1,092,934	+0.3%
Net Income	$101,429	$-41,070	-3.5%

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

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
AVI SCHICK	TRUSTEE	0.50	Director	$0	$0	$0
MICHELLE SCHICK	TRUSTEE	30.00	Director	$0	$0	$0
BRYNA MALITZKY	TRUSTEE	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	No data	No data	No data	No data
2023	$1,526,750	$1,425,321	$881,192	$101,429
2022	$1,051,864	$1,092,934	$779,762	$-41,070
2021	$1,119,535	$995,703	$820,832	$123,832