Civic Intelligence

Island Cottage Inc.

EIN 20-2429389 • 501(c)3 • Carolina Beach, NC

Pub. 78 Eligible990-N CoverageNTEE P60

Profile

Island cottage is a non-profit thrift store boutique, all proceeds to to the federal point help centerm servicing the loclal community, provide food, cloths and rent assistant

P O Box 876Carolina Beach, NC 28428

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.04x

Higher debt load relative to assets than 82% of similar nonprofits.

NTEE P60 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.03x

Higher debt load relative to revenue than 83% of similar nonprofits.

NTEE P60 • <$500k nonprofits • Source year 2024

Net Margin

56th percentile

12%

Higher net margin than 56% of similar nonprofits.

NTEE P60 • <$500k nonprofits • Source year 2024

Top Officer Pay

96th percentile

$21,292

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 38.8% of source-year revenue.

NTEE P60 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets82nd percentile

Assets

$41,897

No earlier filing loaded for comparison.

Liabilities

$1,535

No earlier filing loaded for comparison.

Net Assets

$40,362

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue83rd percentileNet Margin56th percentile

Revenue

$54,917

No earlier filing loaded for comparison.

Expenses

$48,231

No earlier filing loaded for comparison.

Net Income

$6,686

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2024: $41,897Liabilities 2024: $1,535Net Assets 2024: $40,3622024

Highlighted filing

2024

Assets$41,897
Liabilities$1,535
Net Assets$40,362
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0Revenue 2024: $54,917Expenses 2024: $48,231Net Income 2024: $6,6862024

Highlighted filing

2024

Revenue$54,917
Expenses$48,231
Net Income$6,686
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,897
Liabilities
$1,535
Net assets
$40,362
Revenue
$54,917
Expenses
$48,231
Net income
$6,686
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$41.9$1.54$40.4$54.9$48.2$6.69
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 9, 2025
Return Version
2024v5.1
Gross Receipts
$54,917
Mission and Program Overview

Mission

The island cottage is a non-profit thrift store boutique. All proceeds go to the federal point help center servicing the local community.

Island cottage is a non-profit thrift store boutique, all proceeds to to the federal point help centerm servicing the loclal community, provide food, cloths and rent assistant

Program Services

DescriptionGrantsExpenses
ISLAND COTTAGE IS A NON-PROFIT THRIFT STORE BOUTIQUE, ALL PROCEEDS TO TO THE FEDERAL POINT HELP CENTERM SERVICING THE LOCLAL COMMUNITY--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEBORAH STROUDStore ManagerFT$21,292-$21,292
DONALD R WRIGHTVice President-$0--
ADWIN ALLENTreasurerPT$0--
LINDA MCKINNEYSecretary-$0--
CHRISTINA A PURITISBoard Member-$0--
HEATHER KENNYBoard MemberPT$0--
LACEY BENDERBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
The Island Cottage Inc
EIN
20-2429389
Phone
9106198512
Address
P O BOX 876, CAROLINA BEACH, NC 28428

Signing Officer

Name
Christina a Puritis
Title
Board Member
Phone
9106198512
Signed
2025-05-09
Discuss with paid preparer
No

Preparer

Firm
Hrb Tax Group Inc
Address
1301 MAIN ST STE 102C, KANSAS CITY, MO 64105
Preparer
Sahar Sharaf
Phone
8004725625
Supplemental Narrative

Additional Explanations

Town of Carolina Beach 1121 N Lake Park 28428

“RENT VALUE $24000”

Use of Facilities 1313 Bridge Barries 28428

“RENT VALUE $24000”

Part 1 Line 8 Other Revenue

“INTEREST 4”

Part 1 Line 10 Grant

“GRANT $7000”

Part 1 Other Expenses

“SUPPPLIES $1131”

Part 1 Other Expenses

“DEPRECITION $1043”

Part 2

“Line 26 total libilities payroll $1346”

Part 2

“SALES TAX PAYABLE $189”

Raw XML Appendix162 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ISLAND COTTAGE INC
IRS990EZ/BooksInCareOfDetail/PhoneNum09104589339
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 876
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Carolina Beach
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028428
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt034810
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt041897
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt054913
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt06686
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02059
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt034810
IRS990EZ/Form990TotalAssetsGrp/EOYAmt041897
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt07000
IRS990EZ/GrossReceiptsAmt054917
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt033676
IRS990EZ/NetAssetsOrFundBalancesEOYAmt040362
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt033676
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt040362
IRS990EZ/OccupancyRentUtltsAndMaintAmt08942
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt19.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt24.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt46.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt53.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt640.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt621292
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DONALD R WRIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ADWIN ALLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LINDA MCKINNEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHRISTINA A PURITIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4HEATHER KENNY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5LACEY BENDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DEBORAH STROUD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6STORE MANAGER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02174
IRS990EZ/OtherRevenueTotalAmt04
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ISLAND COTTAGE IS A NON-PROFIT THRIFT STORE BOUTIQUE, ALL PROCEEDS TO TO THE FEDERAL POINT HELP CENTERM SERVICING THE LOCLAL COMMUNITY, PROVIDE FOOD, CLOTHS AND RENT ASSISTANT
IRS990EZ/PrintingPublicationsPostageAmt0200
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ISLAND COTTAGE IS A NON-PROFIT THRIFT STORE BOUTIQUE, ALL PROCEEDS TO TO THE FEDERAL POINT HELP CENTERM SERVICING THE LOCLAL COMMUNITY
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt027856
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01134
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01535
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt048231
IRS990EZ/TotalRevenueAmt054917
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt054913
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt031521
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt047368
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt034274
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt026292
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0194368
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt024000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt018000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt010800
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt010800
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt010800
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt074400
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt018
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0268768
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt078913
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt049521
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt058168
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt045074
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt037092
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0268768
IRS990ScheduleA/TotalSupportAmt0268786
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RENT VALUE $24000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RENT VALUE $24000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INTEREST 4
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GRANT $7000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUPPPLIES $1131
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DEPRECITION $1043
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LINE 26 TOTAL LIBILITIES PAYROLL $1346
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SALES TAX PAYABLE $189
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0TOWN OF CAROLINA BEACH 1121 N LAKE PARK 28428
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1USE OF FACILITIES 1313 BRIDGE BARRIES 28428
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART 1 LINE 8 OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART 1 LINE 10 GRANT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART 1 OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART 1 OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART 2
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTINA A PURITIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum09106198512
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ISLAND COTTAGE INC
ReturnHeader/Filer/BusinessNameControlTxt0COTT
ReturnHeader/Filer/EIN0202429389
ReturnHeader/Filer/PhoneNum09106198512
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 876
ReturnHeader/Filer/USAddress/CityNm0CAROLINA BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028428
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431871840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HRB TAX GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01301 MAIN ST STE 102C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064105
ReturnHeader/PreparerPersonGrp/PhoneNum08004725625
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sahar Sharaf
ReturnHeader/ReturnTs02025-05-15T17:53:59Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.