The Treasure House

Nonprofit profile at a glance

EIN
010563073
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-EZ 2013
Location
Pittsburgh, PA, USA
Phone
4123643256
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Thrift Shops

Official website

Reported finances

Revenue
$585,023
Expenses
$237,524
Assets
$1,521,411
Liabilities
$573,292

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • JESSIE ST ONGE (PRESIDENT)

Highest reported compensation

  • SALLY POWER (EXECUTIVE DI): $64,271 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promoting the dignity and self-esteem of women particularly women in transition or crisis. Outward appearance is not an accurate reflection of your worth, but it can affirm the treasure that you truly are. Treasure house fashions is the "closet" for agencies serving women in the greater pittburgh area. Thf is also open to the public, providing deeply discounted, notable brand name merchandise for any women's budget.

What it reported doing in 2024

Treasure house fashions is a nonprofit women's resale shop - the "closet" for over 60 agencies in the greater pittsburgh area, but the public can shop there as well, generating operating revenue and supporting the mission. 1) gift certificates for clothing at our shop were distributed through over 60 local agencies. Those experiencing suburban poverty can purchase quality clothing at deeply discounted prices or receive free clothing through "pay it forward" gift certificates. The political brief prepared by the university of pittsburgh (2016) reported 61% of poverty in allegheny county and 79% in the pittsburgh metropolitan area are in the suburbs. Those financially able underwrote "pay it forward" gift certificates that were distributed directly through the shop when those in need showed up. 2) treasure house fashions continued to receive abundant clothing and passed along the generosity with 60% off daily (70% off at least twice per month). This added discount on quality clothing was a boost to any budget and was deeply appreciated by all who continued to navigate ecomomically challenging times. 3) treasure house fashions hosted social girls' night out (gnos) and hosted sponsored gnos with local businesses and organizations generating 6,963. 4) treasure house fashions strenthened relationships with other nonprofits and volunteer opportunities for local schools, businesses and organizations.

Operating model

Revenue model
Donor-supported. 69% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 92
  • Accountability: 83
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24.1%; rating input score 24
  • Program expense ratio: 95.4%; rating input score 95
  • Fundraising efficiency: $204.78 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 21st percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 59.4%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 6.41; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0.38; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 27.1%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 1.2% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 8.1% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 9.3% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 24.1% of revenue deployed · 95.4% of spending went to programs
  • Governance: 7 of 8 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $227K in reported program spending
  • Leadership: top reported pay $64K · 8 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 24/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.