Civic Intelligence

Thrift Hut Inc.

EIN 27-0722655 • 501(c)3 • Boca Raton, FL

RevokedPub. 78 Eligible

Profile

We are a 501 (c) 3 charity based thrift store whose goal is to help support childrens hospitals.

Revocation date: May 15, 2012

23116 SW 59th AveBoca Raton, FL 33428

n/A

Siviq Scores

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

Liabilities / Assets

97th percentile

3.79x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

26th percentile

-16%

Higher net margin than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

98th percentile

508%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

44th percentile

-7.8%

Faster revenue growth than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$5,737

Up $4,793 (+508%) from 2023

Liabilities

Up

$21,719

Up $20,775 (+2201%) from 2023

Net Assets

Down

-$15,982

Down $15,982 from 2023

Operations
Liabilities / Revenue87th percentileNet Margin26th percentile

Revenue

Down

$102,578

Down $8,661 (-7.8%) from 2023

Expenses

Up

$118,560

Up $4,019 (+3.5%) from 2023

Net Income

Down

-$15,982

Down $12,680 (-384%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

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

$100K$50K$0-$50K-$100KAssets 2018: $70,556Liabilities 2018: $0Net Assets 2018: $70,5562018Assets 2019: $21,006Liabilities 2019: $0Net Assets 2019: $21,0062019Assets 2020: $39,167Liabilities 2020: $47,800Net Assets 2020: -$8,6332020Assets 2021: $4,131Liabilities 2021: $58,317Net Assets 2021: -$54,1862021Assets 2022: $4,535Liabilities 2022: $48,185Net Assets 2022: $4,5352022Assets 2023: $944Liabilities 2023: $944Net Assets 2023: $02023Assets 2024: $5,737Liabilities 2024: $21,719Net Assets 2024: -$15,9822024

Highlighted filing

2024

Assets$5,737
Liabilities$21,719
Net Assets-$15,982
Open 2024 Filing

Operations Trend

Revenue Growth44th percentile

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

$200K$100K$0-$100KRevenue 2018: $177,498Expenses 2018: $128,069Net Income 2018: $49,4292018Revenue 2019: $81,725Expenses 2019: $131,275Net Income 2019: -$49,5502019Revenue 2020: $50,757Expenses 2020: $59,390Net Income 2020: -$8,6332020Revenue 2021: $76,992Expenses 2021: $122,545Net Income 2021: -$45,5532021Revenue 2022: $111,233Expenses 2022: $59,265Net Income 2022: $51,9682022Revenue 2023: $111,239Expenses 2023: $114,541Net Income 2023: -$3,3022023Revenue 2024: $102,578Expenses 2024: $118,560Net Income 2024: -$15,9822024

Highlighted filing

2024

Revenue$102,578
Expenses$118,560
Net Income-$15,982
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$5,737
Liabilities
$21,719
Net assets
-$15,982
Revenue
$102,578
Expenses
$118,560
Net income
-$15,982
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.06$0.22$0.16$1.03$1.19$0.16
2023Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00$1.11$1.15$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.05$0.48$0.05$1.11$0.59$0.52
2021Detailed filing. Detailed filing data is available for this year.$0.04$0.58$0.54$0.77$1.23$0.46
2020Detailed filing. Detailed filing data is available for this year.$0.39$0.48$0.09$0.51$0.59$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.82$1.31$0.50
2018Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$1.77$1.28$0.49
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.0
Gross Receipts
$102,578
Mission and Program Overview

Mission

We are a 501 (c) 3 charity based thrift store whose goal is to help support childrens hospitals.

Program Services

DescriptionGrantsExpenses
HELP SUPPORT CHILDRENS HOSPITALS--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JO-EL SWARTZPresident-$0--
Filing and Contact Details

Filer

Filer Name
Thrift Hut Inc
EIN
27-0722655
Phone
9544809836
Address
23116 SW 59TH AVE, BOCA RATON, FL 33428

Signing Officer

Name
Jo-el Swartz
Title
President
Phone
9544809836
Signed
2025-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Mas
Address
3000 N UNIVERSITY DR STE E, CORAL SPRINGS, FL 33065-5048
Preparer
David Hernandez
Phone
9543408100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses 46 office 399 insurance 4,972 total 5,417”

Form 990-ez, Part II, Line 26

“Sba 46,994 45,869 loan to swartz 854 0 retained earning 0 0 state unemployment 7 0 federal unemployment 42 0 retained earnings -46,953 -64,884 loan from swartz 0 40,734”

Form 990-ez, Part III

“We are a 501 (c) 3 charity based thrift store whose goal is to help support childrens hospitals.”

Raw XML Appendix130 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/BusinessNameLine1Txt0CO THRIFT HUT INC
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0THRIFT HUT INC
IRS990EZ/BooksInCareOfDetail/PhoneNum05617067406
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt023116 SW 59TH AVE
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0JO-EL SWARTZ
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RATON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033428
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0944
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05737
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-15982
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06314
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0944
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05737
IRS990EZ/GrossReceiptsAmt0102578
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-15982
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-15982
IRS990EZ/OccupancyRentUtltsAndMaintAmt080944
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JO-EL SWARTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt05417
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WE ARE A 501 (C) 3 CHARITY BASED THRIFT STORE WHOSE GOAL IS TO HELP SUPPORT CHILDRENS HOSPITALS.
IRS990EZ/ProgramServiceRevenueAmt0102578
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HELP SUPPORT CHILDRENS HOSPITALS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt025885
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0944
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt021719
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0118560
IRS990EZ/TotalRevenueAmt0102578
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt01
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0591006663
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt01
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BOCA RATON MEDICAL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0BOCA RATON MEDICAL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 46 OFFICE 399 INSURANCE 4,972 TOTAL 5,417
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SBA 46,994 45,869 LOAN TO SWARTZ 854 0 RETAINED EARNING 0 0 STATE UNEMPLOYMENT 7 0 FEDERAL UNEMPLOYMENT 42 0 RETAINED EARNINGS -46,953 -64,884 LOAN FROM SWARTZ 0 40,734
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WE ARE A 501 (C) 3 CHARITY BASED THRIFT STORE WHOSE GOAL IS TO HELP SUPPORT CHILDRENS HOSPITALS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JO-EL SWARTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09544809836
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THRIFT HUT INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O JO-EL SWARTZ
ReturnHeader/Filer/BusinessNameControlTxt0THRI
ReturnHeader/Filer/EIN0270722655
ReturnHeader/Filer/PhoneNum09544809836
ReturnHeader/Filer/USAddress/AddressLine1Txt023116 SW 59TH AVE
ReturnHeader/Filer/USAddress/CityNm0BOCA RATON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033428
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650177140
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03000 N UNIVERSITY DR STE E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORAL SPRINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0330655048
ReturnHeader/PreparerPersonGrp/PhoneNum09543408100
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID HERNANDEZ
ReturnHeader/ReturnTs02025-05-15T13:13:10-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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