THE FRINGE THRIFT CLOSET C/O SALLY GREEN

EIN: 854054747 501(c)(3) Human Services

BOWLING GREEN, OH

Total Revenue
$328,067
Total Expenses
$321,014
Total Assets
$38,741
Net Assets
$38,741
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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
OH
Principal Officer
SALLY A GREEN
Phone
4198064907
Tax Period
2024-01-01 to 2024-12-31

THE FRINGE THRIFT CLOSET C/O SALLY GREEN, founded in 2020, is a small nonprofit in the Human Services sector that reported $328K in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum.

Mission

BASED IN NORTHWEST OHIO, THE FRINGE THRIFT CLOSET WORKS TO PROVIDE THE SURROUNDING COMMUNITY WITH ACCESS TO CLOTHING AND HOUSEHOLD GOODS AT AFFORDABLE PRICES.

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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 $75,000
Program Service Revenue $253,067
Investment Income $0
Other Revenue $0
TOTAL REVENUE $328,067

Expense Breakdown

Grants Paid $0
Salaries & Benefits $241,671
Fundraising Expenses $0
Program Expenses $321,014
Other Expenses $79,343
TOTAL EXPENSES $321,014

Year-over-Year Comparison

2024 2023 Change
Revenue $328,067 $188,127 +0.7%
Expenses $321,014 $178,657 +0.8%
Net Income $7,053 $9,470 -0.3%
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
1
Independent Members
N/A
Employees
32
Volunteers
5

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
1
$37,500
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SALLY A GREEN PRESIDENT 40.00
Officer
$37,500 $0 $37,500
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 $328,067 $321,014 $38,741 $7,053
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