SOROPTIMIST THRIFT SHOP OF ANACORTES (EIN 871722135) - 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

2022

Legal Domicile

Principal Officer

Shirley Bowlin

Phone

3602937251

Tax Period

2024-07-01 to 2025-06-30

SOROPTIMIST THRIFT SHOP OF ANACORTES, founded in 2022, is a small nonprofit that reported $485K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $469K left a modest 3% surplus.

Mission

The Soroptimist Thrift Shop of Anacortes Shop is run by members and volunteers. All profits are used to enhance the lives of women and children through the granting of donations to qualifying non-profit organizations and through the lending of home health equipment free of charge to individuals.

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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 $2,413

Program Service Revenue $480,871

Investment Income $1,858

Other Revenue $0

TOTAL REVENUE $485,142

Expense Breakdown

Grants Paid $323,499

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $419,243

Other Expenses $145,071

TOTAL EXPENSES $468,570

Year-over-Year Comparison

	2024	2023	Change
Revenue	$485,142	$422,825	+0.1%
Expenses	$468,570	$417,746	+0.1%
Net Income	$16,572	$5,079	+2.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
Shirley Bowlin	President	20.00	Officer	$0	$0	$0
Connie Pangrazzi	Secretary	10.00	Officer	$0	$0	$0
Diana Berge	Treasurer	20.00	Officer	$0	$0	$0
Carol Garner	Director	5.00	Director	$0	$0	$0
Robin Wadleigh	Director	5.00	Director	$0	$0	$0
Merlene Stiles	Director	5.00	Director	$0	$0	$0
Colleen Thramer	Director	5.00	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
2025	$485,142	$468,570	$73,696	$16,572
2024	$422,825	$417,746	$57,124	$5,079
2023	$411,960	$359,915	$52,045	$52,045

SOROPTIMIST THRIFT SHOP OF ANACORTES