Civic Intelligence

Thrift Hut Inc.

990EZ • Fiscal year 2022 • EIN 27-0722655

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 04, 2023

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

99th percentile

10.63x

Higher debt load relative to assets than 99% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

91st percentile

0.43x

Higher debt load relative to revenue than 91% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

88th percentile

47%

Higher net margin than 88% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

62nd percentile

9.8%

Faster asset growth than 62% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

71st percentile

44%

Faster revenue growth than 71% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$4,535

Up $404 (+9.8%) from 2021

Net Assets

Up

$4,535

Up $58,721 (+108%) from 2021

Liabilities

Down

$48,185

Down $10,132 (-17%) from 2021

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin88th percentile

Revenue

Up

$111,233

Up $34,241 (+44%) from 2021

Expenses

Down

$59,265

Down $63,280 (-52%) from 2021

Net Income

Up

$51,968

Up $97,521 (+214%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth62nd 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

2022

Assets$4,535
Liabilities$48,185
Net Assets$4,535
Open 2022 Filing

Operations Trend

Revenue Growth71st 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

2022

Revenue$111,233
Expenses$59,265
Net Income$51,968
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 4, 2023
Return Version
2022v5.0
Gross Receipts
$111,233
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 Pay78th 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
2023-04-04
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 1,075 181 insurance 4,187 total 5,443”

Form 990-ez, Part I, Line 20

“RETAINED EARNING 6,755”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 42 385 sba 47,800 47,800 loan to swartz 10,477 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 Appendix136 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/BOYAmt04131
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04535
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt051968
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07796
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt04131
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04535
IRS990EZ/GrossReceiptsAmt0111233
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-54188
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04535
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-54188
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04535
IRS990EZ/OccupancyRentUtltsAndMaintAmt020078
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JO-EL SWARTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt06755
IRS990EZ/OtherExpensesTotalAmt05443
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/ProgramServiceRevenueAmt0111233
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HELP SUPPORT CHILDRENS HOSPITALS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt025948
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt058319
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt048185
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt059265
IRS990EZ/TotalRevenueAmt0111233
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/OtherSupportSumAmt03431
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0591006663
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt03431
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt038000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BOCA RATON MEDICAL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0BOCA RATON MEDICAL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt038000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 1,075 181 INSURANCE 4,187 TOTAL 5,443
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RETAINED EARNING 6,755
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 42 385 SBA 47,800 47,800 LOAN TO SWARTZ 10,477 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WE 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 I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JO-EL SWARTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09544809836
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-04
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/PhoneNum09543467288
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID HERNANDEZ
ReturnHeader/ReturnTs02023-04-07T12:19:59-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JO-EL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SWARTZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,535
Liabilities
$48,185
Net assets
$4,535
Revenue
$111,233
Expenses
$59,265
Net income
$51,968
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