Civic Intelligence

Whetstone Industries Inc

EIN 31-1062984 • 501(c)3 • Mount Gilead, OH

Profile

Provide shelter workshop (MCBDD)

440 Douglas StreetMount Gilead, OH 43338

www.whetstoneserves.com

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

53rd percentile

3.3%

Higher net margin than 53% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

55th percentile

0.3%

Faster asset growth than 55% of similar nonprofits.

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

Revenue Growth

4th percentile

-98%

Faster revenue growth than 4% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$0

Down $66,174 (-100%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $66,174 (-100%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin53rd percentile

Revenue

Down

-$51,973

Down $55,002 (-1816%) from 2023

Expenses

Down

$14,201

Down $13,649 (-49%) from 2023

Net Income

Down

-$66,174

Down $41,353 (-167%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth55th percentile

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

$200K$150K$100K$50K$0Assets 2010: $153,437Liabilities 2010: $12,124Net Assets 2010: $141,3132010Assets 2011: $147,597Liabilities 2011: $7,906Net Assets 2011: $139,6912011Assets 2012: $137,003Liabilities 2012: $2,963Net Assets 2012: $134,0402012Assets 2013: $136,343Liabilities 2013: $1,721Net Assets 2013: $134,6222013Assets 2014: $142,558Liabilities 2014: $1,780Net Assets 2014: $140,7782014Assets 2015: $132,740Liabilities 2015: $5,786Net Assets 2015: $126,9542015Assets 2016: $119,231Liabilities 2016: $2,554Net Assets 2016: $116,6772016Assets 2017: $116,583Liabilities 2017: $1,296Net Assets 2017: $115,2872017Assets 2018: $112,197Liabilities 2018: $690Net Assets 2018: $111,5072018Assets 2019: $110,867Liabilities 2019: $1,751Net Assets 2019: $109,1162019Assets 2020: $100,693Liabilities 2020: $37Net Assets 2020: $100,6562020Assets 2021: $90,725Liabilities 2021: $0Net Assets 2021: $90,7252021Assets 2022: $90,995Liabilities 2022: $0Net Assets 2022: $90,9952022Assets 2023: $66,174Net Assets 2023: $66,1742023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities-
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth4th percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $84,5272010Expenses 2011: $73,7082011Expenses 2012: $75,0482012Revenue 2013: $85,013Expenses 2013: $84,431Net Income 2013: $5822013Revenue 2014: $91,853Expenses 2014: $85,697Net Income 2014: $6,1562014Revenue 2015: $91,278Expenses 2015: $105,102Net Income 2015: -$13,8242015Revenue 2016: $99,706Expenses 2016: $109,983Net Income 2016: -$10,2772016Revenue 2017: $110,315Expenses 2017: $111,705Net Income 2017: -$1,3902017Revenue 2018: $713,885Expenses 2018: $717,665Net Income 2018: -$3,7802018Revenue 2019: $546,042Expenses 2019: $548,433Net Income 2019: -$2,3912019Revenue 2020: $482,278Expenses 2020: $490,738Net Income 2020: -$8,4602020Revenue 2021: $500,185Expenses 2021: $510,116Net Income 2021: -$9,9312021Revenue 2022: $8,103Expenses 2022: $7,833Net Income 2022: $2702022Revenue 2023: $3,029Expenses 2023: $27,850Net Income 2023: -$24,8212023Revenue 2024: -$51,973Expenses 2024: $14,201Net Income 2024: -$66,1742024

Highlighted filing

2024

Revenue-$51,973
Expenses$14,201
Net Income-$66,174
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
-$51,973
Expenses
$14,201
Net income
-$66,174
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.52$0.14$0.66
2023Detailed filing. Detailed filing data is available for this year.$0.66$0.66$0.03$0.28$0.25
2022Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.08$0.08$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$5.00$5.10$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$4.82$4.91$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.11$0.02$1.09$5.46$5.48$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.12$0.01$1.12$7.14$7.18$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.17$0.01$1.15$1.10$1.12$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.19$0.03$1.17$1.00$1.10$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.33$0.06$1.27$0.91$1.05$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.43$0.02$1.41$0.92$0.86$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.36$0.02$1.35$0.85$0.84$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$0.03$1.34$0.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.08$1.40$0.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.12$1.41$0.85
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 1, 2025
Return Version
2024v5.0
Mission and Program Overview

Mission

Provide shelter workshop(MCBDD)

Provide shelter workshop MCBDD

Program Services

DescriptionGrantsExpenses
Whetstone Industries, Inc. is a shelter workshop providing training and employment for individuals with learning disabilities and developmentally disabled adults.-$5,336
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tammy GabrelcikSecretary-$0--
Matt GriffithChairman-$0--
Paul HinkleTrustee-$0--
Casey PollockTrustee-$0--
Dr Brent WinandVice President-$0--
Glen ZuckerTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Whetstone Industries Inc
EIN
31-1062984
Phone
4199479222
Address
440 Douglas Street, Mount Gilead, OH 43338

Signing Officer

Name
Matt Griffith
Title
Chairman
Signed
2025-02-01
Discuss with paid preparer
Yes

Preparer

Firm
Stratax Consulting Inc
Address
6515 Longshore Loop, Dublin, OH 43017-2950
Preparer
Eli A Wagler CPA CGMA
Phone
6145054007
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: Morrow County Board of DD | Donee's Address: 406 Bank St. Mount Gilead OH 43338 | Cash Amount Given: $6470”

Other Expenses.1009

“Depreciation $2395”

Other Expenses.1

“Annual Fee $50”

Other Assets.1003

“Machinery and Equipment - Beginning $292 Machinery and Equipment - Ending $0”

Raw XML Appendix166 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/PersonNm0Collin Sanders
IRS990EZ/BooksInCareOfDetail/PhoneNum04199479222
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0440 Douglas Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Mt Gilead
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd043338
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt011806
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt051973
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-66174
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0850
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt066174
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-51973
IRS990EZ/GrantsAndSimilarAmountsPaidAmt06470
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt054076
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt066174
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt066174
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OccupancyRentUtltsAndMaintAmt04436
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Tammy Gabrelcik
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Matt Griffith
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Paul Hinkle
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Casey Pollock
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Dr Brent Winand
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Glen Zucker
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0292
IRS990EZ/OtherExpensesTotalAmt02445
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide shelter workshop MCBDD
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Whetstone Industries, Inc. is a shelter workshop providing training and employment for individuals with learning disabilities and developmentally disabled adults.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05336
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt014201
IRS990EZ/TotalProgramServiceExpensesAmt05336
IRS990EZ/TotalRevenueAmt0-51973
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.whetstoneserves.com
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt025
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01708
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0323
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05085
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0489088
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0469719
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0958807
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt062
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt062
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt08078
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt09323
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt011086
IRS990ScheduleA/OtherIncome170Grp/TotalAmt028487
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0963892
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03029
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt025
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0490796
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0470042
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0963892
IRS990ScheduleA/TotalSupportAmt0992441
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleN/DirectorOfSuccessor2Ind0true
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Cash of $6,470
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0Morrow County Board of DD
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02024-12-18
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0801305145
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt06470
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0Cash Only
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0406 Bank St
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0Mount Gilead
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0OH
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd043338
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Morrow County Board of DD | Donee's Address: 406 Bank St. Mount Gilead OH 43338 | Cash Amount Given: $6470
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $2395
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Annual Fee $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Machinery and Equipment - Beginning $292 Machinery and Equipment - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Assets.1003
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Matt Griffith
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Whetstone Industries Inc
ReturnHeader/Filer/BusinessNameControlTxt0WHET
ReturnHeader/Filer/EIN0311062984
ReturnHeader/Filer/PhoneNum04199479222
ReturnHeader/Filer/USAddress/AddressLine1Txt0440 Douglas Street
ReturnHeader/Filer/USAddress/CityNm0Mount Gilead
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd043338
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0933554803
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Stratax Consulting Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06515 Longshore Loop
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Dublin
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0430172950
ReturnHeader/PreparerPersonGrp/PhoneNum06145054007
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Eli A Wagler CPA CGMA
ReturnHeader/ReturnTs02025-02-01T12:54:58-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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