Civic Intelligence

Re-Use-IT Thrift Store

990 • Fiscal year 2013 • EIN 27-5413279

Jan 01, 2013 to Dec 31, 2013 • Filed on Mar 26, 2014

900 East Main56573

(218) 346-2616

Siviq Scores

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

Liabilities / Assets

71st percentile

0.05x

Higher debt load relative to assets than 71% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

49th percentile

2.5%

Higher net margin than 49% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

71st percentile

18%

Faster asset growth than 71% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Assets

Up

$22,032

Up $3,384 (+18%) from 2012

Net Assets

Up

$20,882

Up $2,927 (+16%) from 2012

Liabilities

Up

$1,150

Up $457 (+66%) from 2012

Revenue

$118,692

No earlier filing loaded for comparison.

Expenses

Up

$115,765

Up $801 (+0.7%) from 2012

Net Income

$2,927

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $9,417Liabilities 2011: $1,194Net Assets 2011: $8,2232011Assets 2012: $18,648Liabilities 2012: $693Net Assets 2012: $17,9552012Assets 2013: $22,032Liabilities 2013: $1,150Net Assets 2013: $20,8822013Assets 2015: $118,936Liabilities 2015: $2,393Net Assets 2015: $116,5432015Assets 2016: $134,377Liabilities 2016: $3,554Net Assets 2016: $130,8232016Assets 2017: $126,361Liabilities 2017: $3,343Net Assets 2017: $123,0182017Assets 2018: $214,891Liabilities 2018: $71,838Net Assets 2018: $143,0532018Assets 2019: $224,381Liabilities 2019: $50,750Net Assets 2019: $173,6312019Assets 2020: $253,765Liabilities 2020: $47,909Net Assets 2020: $205,8562020Assets 2021: $357,228Liabilities 2021: $43,044Net Assets 2021: $314,1842021Assets 2022: $896,771Liabilities 2022: $39,609Net Assets 2022: $857,1622022Assets 2023: $849,538Liabilities 2023: $6,524Net Assets 2023: $843,0142023Assets 2024: $829,678Liabilities 2024: -$4,726Net Assets 2024: $834,4042024

Highlighted filing

2013

Assets$22,032
Liabilities$1,150
Net Assets$20,882

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $77,5272011Expenses 2012: $114,9642012Revenue 2013: $118,692Expenses 2013: $115,765Net Income 2013: $2,9272013Revenue 2015: $235,869Expenses 2015: $198,967Net Income 2015: $36,9022015Revenue 2016: $267,754Expenses 2016: $252,167Net Income 2016: $15,5872016Revenue 2017: $267,760Expenses 2017: $275,565Net Income 2017: -$7,8052017Revenue 2018: $311,703Expenses 2018: $291,937Net Income 2018: $19,7662018Revenue 2019: $379,090Expenses 2019: $348,512Net Income 2019: $30,5782019Revenue 2020: $436,796Expenses 2020: $405,554Net Income 2020: $31,2422020Revenue 2021: $592,556Expenses 2021: $484,228Net Income 2021: $108,3282021Revenue 2022: $1,040,052Expenses 2022: $497,074Net Income 2022: $542,9782022Revenue 2023: $577,389Expenses 2023: $591,537Net Income 2023: -$14,1482023Revenue 2024: $598,521Expenses 2024: $607,131Net Income 2024: -$8,6102024

Highlighted filing

2013

Revenue$118,692
Expenses$115,765
Net Income$2,927
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Mar 26, 2014
Return Version
2013v3.1
Gross Receipts
$118,692
Mission and Program Overview

Mission

Thrift Shop that receives donated household items. The organization was formed to financially assist the Boys & Girls Club of Perham.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$17,955$20,882▲ $2,927
Savings and Temporary Cash Investments$10,364$13,775▲ $3,411
Land, Buildings, and Equipment, Net$5,360$5,360→ $0
Prepaid Expenses and Deferred Charges$2,224$2,197▼ $27
Cash and Non-Interest-Bearing Accounts$700$700→ $0
Total Assets$18,648$22,032▲ $3,384
Liabilities
Accounts Payable and Accrued Expenses$693$1,150▲ $457
Total Liabilities$693$1,150▲ $457
Net Assets / Fund Balance
Total Net Assets Fund Balance$17,955$20,882▲ $2,927
Total Liabilities and Net Assets / Fund Balance$18,648$22,032▲ $3,384

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,360--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark RabyPresident
Paul SturdevantVice President
Tim BirkelandBoard Member
Wayne MickelsonBoard Member
Zach FjestadBoard Member
Carol RabySecretary
Chuck JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,145
Program Service Revenue
$116,542
Investment Income
$5
Other Revenue
$0
All Other Contributions
$2,145
Change in Net Assets
$2,927
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$76,327
Other Expenses$39,438
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$57,157$0$0$57,157
Occupancy$0$18,027$0$18,027
Other Employee Benefits$9,762$0$0$9,762
Payroll Taxes$9,408$0$0$9,408
Office Expenses$1,638$5,841$0$7,479
All Other Expenses$4,054$16$0$4,070
Insurance$868$2,690$0$3,558
Fees for Services Accounting$0$2,955$0$2,955
Advertising$1,796$0$0$1,796
Fees for Services Other$1,319$25$0$1,344
Travel$111$0$0$111
Interest$0$75$0$75
Conferences and Meetings$23$0$0$23
Total Functional Expenses$86,136$29,629$0$115,765
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
27-5413279
Phone
2183462616

Signing Officer

Name
Mark Raby
Title
President
Phone
2183462616
Signed
2014-03-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Raby
Formed
2011
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
12

Preparer

Preparer
Terrin Riehle
Phone
2182346719
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Board of directors will review form 990 at their April 21st Board Meeting.

Pt VI, Line 19

All documents are kept at the store and are available upon request.

Pt VI, Line 12C

All Board members are required to disclose any and all activities that

Pt VI, Line 12C

would directly effect this organization at each monthly meeting.

Pt VI, Line 2

Mark Raby, President & Carol Raby, Secretary are husband & wife

Form 990, Part IX, Line 24F

Facilities and equipment:licenses & permits 97. 97. Operations:cash over short -91. -91. Operations:supplies 2435. 2435. Operations:fuel 227. 227. Other types of expenses:goodwill 127. 127. Other types of expenses:outside contract services 259. 259. Perham club support 1000. 1000. Operations:books, subscriptions, reference 16. 16.

Raw XML Appendix359 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board of directors will review form 990 at their April 21st Board Meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All documents are kept at the store and are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All Board members are required to disclose any and all activities that
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3would directly effect this organization at each monthly meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Mark Raby, President & Carol Raby, Secretary are husband & wife
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FACILITIES AND EQUIPMENT:LICENSES & PERMITS 97. 97. OPERATIONS:CASH OVER SHORT -91. -91. OPERATIONS:SUPPLIES 2435. 2435. OPERATIONS:FUEL 227. 227. OTHER TYPES OF EXPENSES:GOODWILL 127. 127. OTHER TYPES OF EXPENSES:OUTSIDE CONTRACT SERVICES 259. 259. PERHAM CLUB SUPPORT 1000. 1000. OPERATIONS:BOOKS, SUBSCRIPTIONS, REFERENCE 16. 16.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24f
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0116547
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1044850 Spur Road
IRS990/USAddress/City0Frazee
IRS990/USAddress/State0MN
IRS990/USAddress/ZIPCode056544
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
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ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK RABY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02183462616
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-03-26
ReturnHeader/Filer/BusinessName/BusinessNameLine10Re-Use-It Thrift Shop
ReturnHeader/Filer/BusinessNameControlTxt0RE-U
ReturnHeader/Filer/EIN0275413279
ReturnHeader/Filer/PhoneNum02183462616
ReturnHeader/Filer/USAddress/AddressLine10900 East Main
ReturnHeader/Filer/USAddress/City0Perham
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode056573
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Terrin L Riehle-Centsible Accounting Svcs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1022620 County Hwy 14
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Callaway
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MN
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ReturnHeader/PreparerPersonGrp/PhoneNum02182346719
ReturnHeader/PreparerPersonGrp/PreparationDt02014-04-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TERRIN RIEHLE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-04-22T07:26:07-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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