SIMPLE STORE 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

2023

Legal Domicile

Principal Officer

SAMUEL FREIHOFER

Tax Period

2025-01-01 to 2025-12-31

SIMPLE STORE INC, founded in 2023, is a micro nonprofit that reported $17K in total revenue in fiscal year 2025. Expenses of $27K exceeded revenue, resulting in a 59% operating deficit.

Mission

TO RECYCLE ITEMS THAT WOULD NORMALLY GO TO THE LANDFILL BY SELLING THEM BACK TO THE COMMUNITY AT A VERY REASONABLE COST AND USING THE FUNDS TO HELP FUND COMMUNITY PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $27,028

MANY TRUCKLOADS OF ITEMS WERE RECOVERED FROM HOUSEHOLDS AROUND THE UPPER VALLEY AND PLACED FOR SALE IN THE SIMPLE STORE RESULTING IN HIGHER THAN EXPECTED REVENUE AND SEVERAL JOBS CREATED IN OUR...

MANY TRUCKLOADS OF ITEMS WERE RECOVERED FROM HOUSEHOLDS AROUND THE UPPER VALLEY AND PLACED FOR SALE IN THE SIMPLE STORE RESULTING IN HIGHER THAN EXPECTED REVENUE AND SEVERAL JOBS CREATED IN OUR COMMUNITY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $16,981

TOTAL REVENUE $16,981

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,377

Fundraising Expenses $0

Program Expenses $27,028

Other Expenses $9,651

TOTAL EXPENSES $27,028

Year-over-Year Comparison

	2025	2024	Change
Revenue	$16,981	N/A	N/A
Expenses	$27,028	N/A	N/A
Net Income	$-10,047	N/A	N/A

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	Role	Reportable Comp	Other Comp	Total
SAMUEL FREIHOFER	PRESIDENT	Officer	$0	$0	$0
DUNCAN CARROLL	VICE PRESIDENT	Officer	$0	$0	$0
RICHARD KAHAN	SECRETARY TREASURER	Officer	$0	$0	$0
EVAN LANDON	BOARD MEMBER	Key Emp	$0	$0	$0
TOM BALL	BOARD MEMBER	Key Emp	$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	$16,981	$27,028	No data	$-10,047
2024	$71,354	$61,307	$10,047	$10,047