Civic Intelligence

Thrift Hut Inc.

990EZ • Fiscal year 2020 • EIN 27-0722655

Jan 01, 2020 to Dec 31, 2020 • Filed on May 10, 2022

Organization ProfileN/A
23116 SW 59th AveBoca Raton, FL 33428

(954) 480-9836

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

1.22x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

0.94x

Higher debt load relative to revenue than 94% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

23rd percentile

-17%

Higher net margin than 23% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

86th percentile

86%

Faster asset growth than 86% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

30th percentile

-38%

Faster revenue growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$39,167

Up $18,161 (+86%) from 2019

Net Assets

Down

-$8,633

Down $29,639 (-141%) from 2019

Liabilities

Up

$47,800

Up $47,800 from 2019

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin23rd percentile

Revenue

Down

$50,757

Down $30,968 (-38%) from 2019

Expenses

Down

$59,390

Down $71,885 (-55%) from 2019

Net Income

Up

-$8,633

Up $40,917 (+83%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2020

Assets$39,167
Liabilities$47,800
Net Assets-$8,633
Open 2020 Filing

Operations Trend

Revenue Growth30th percentile

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$50,757
Expenses$59,390
Net Income-$8,633
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 10, 2022
Return Version
2020v4.0
Gross Receipts
$50,757
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 Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JO-EL SWARTZPresidentFT$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
2022-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Mas
Address
3000 N UNIVERSITY DR STE E, CORAL SPRINGS, FL 33065-5048
Preparer
David Hernandez
Phone
9543467288
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses 50 insurance 3,000 total 3,050”

Form 990-ez, Part II, Line 26

“SBA 0 47,800 21,006 0”

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 Appendix131 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0JOEL SWARTZ
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/BOYAmt021006
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt039167
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8633
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt041181
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt021006
IRS990EZ/Form990TotalAssetsGrp/EOYAmt039167
IRS990EZ/GrossReceiptsAmt050757
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-8633
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-8633
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JO-EL SWARTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03050
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/ProgramServiceRevenueAmt050757
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HELP SUPPORT CHILDRENS HOSPITALS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt015159
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt021006
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt047800
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt059390
IRS990EZ/TotalRevenueAmt050757
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/OtherSupportSumAmt010000
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0591006663
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt010000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt010000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BOCA RATON MEDICAL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0BOCA RATON MEDICAL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt010000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 50 INSURANCE 3,000 TOTAL 3,050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SBA 0 47,800 21,006 0
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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JO-EL SWARTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09544809836
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-10
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/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/PhoneNum09543467288
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID HERNANDEZ
ReturnHeader/ReturnTs02022-05-16T13:29:09-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JO-EL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SWARTZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,167
Liabilities
$47,800
Net assets
-$8,633
Revenue
$50,757
Expenses
$59,390
Net income
-$8,633
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