SIMPLE TREASURES INC (EIN 882917855) - 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

PASTOR JOHN SIMPSON

Phone

2693452974

Tax Period

2024-07-01 to 2025-06-30

SIMPLE TREASURES INC, founded in 2022, is a micro nonprofit in the Community Improvement sector that reported $86K in total revenue in fiscal year 2024. Revenue fell 83% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $22K, a strong 26% operating margin.

Mission

SIMPLE TREASURES, INC. IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO THE KALAMAZOO GOSPEL MISSION, A CHURCH AND NONPROFIT CORPORATION.

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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 $0

Program Service Revenue $86,401

Investment Income $0

Other Revenue $0

TOTAL REVENUE $86,401

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $63,951

TOTAL EXPENSES $63,951

Year-over-Year Comparison

	2024	2023	Change
Revenue	$86,401	$497,014	-0.8%
Expenses	$63,951	$66,697	0.0%
Net Income	$22,450	$430,317	-0.9%

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

$123,387

Total Directors

$123,387

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PASTOR MICHAEL BROWN	PAST PRESIDE	1.00	Officer Director	$0	$73,527	$123,387
ERICA DELGADO	SECRETARY	0.00	Officer Director	$0	$0	$0
CHRISTOPHER MARS	TREASURER	0.00	Officer Director	$0	$0	$0
PASTOR JOHN SIMPSON	PRESIDENT	1.00	Officer	$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	$86,401	$63,951	$1,061,506	$22,450
2024	$497,014	$66,697	$1,090,441	$430,317
2023	$43,200	$83,029	$1,119,777	$-39,829
2022	No data	No data	$1,140,000	No data

SIMPLE TREASURES INC