THRIFTY & NIFTY INC

EIN: 882381674 501(c)(3) Human Services

TUPPER LAKE, NY

Total Revenue
$88,673
Total Expenses
$103,265
Total Assets
$27,328
Net Assets
$25,867
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
NY
Principal Officer
CRATE PHYLLIS
Phone
5182751519
Tax Period
2024-01-01 to 2024-12-31

THRIFTY & NIFTY INC, founded in 2022, is a micro nonprofit in the Human Services sector that reported $89K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $103K exceeded revenue, resulting in a 16% operating deficit.

Mission

THRIFT STORE OPERATED ENTIRELY BY VOLUNTEERS AND SUPPORTED ENTIRELY BY DONATED MERCHANDISE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $88,668
Investment Income $5
Other Revenue $0
TOTAL REVENUE $88,673

Expense Breakdown

Grants Paid $5,826
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $101,278
Other Expenses $97,439
TOTAL EXPENSES $103,265

Year-over-Year Comparison

2024 2023 Change
Revenue $88,673 $113,727 -0.2%
Expenses $103,265 $91,985 +0.1%
Net Income $-14,592 $21,742 -1.7%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRATE PHYLLIS EXECUTIVE DI N/A
Officer Director
$0 $0 $0
CLEMENT SERENA SECRETARY N/A
Officer Director
$0 $0 $0
CRATE STEPHEN TREASURER N/A
Officer 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 $88,673 $103,265 $27,328 $-14,592
2023 $113,727 $91,985 $41,920 $21,742
2022 $100,064 $81,347 $21,320 $18,717
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THRIFTY & NIFTY INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.