Civic Intelligence

Thumb Industries Inc

EIN 38-1915119 • 501(c)3 • Bad Axe, MI

Profile

REHABILITATION SERVICES

721 N Van Dyke RoadBad Axe, MI 48413

www.thumbindustries.com

Siviq Scores

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

Liabilities / Assets

40th percentile

0.03x

Higher debt load relative to assets than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

44th percentile

0.05x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

52nd percentile

5.3%

Higher net margin than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

49th percentile

3.3%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

38th percentile

1.0%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$3,898,616

Up $123,730 (+3.3%) from 2024

Liabilities

Up

$105,140

Up $11,493 (+12%) from 2024

Net Assets

Up

$3,793,476

Up $112,237 (+3.0%) from 2024

Revenue

Up

$2,121,729

Up $21,051 (+1.0%) from 2024

Expenses

Up

$2,009,492

Up $66,888 (+3.4%) from 2024

Net Income

Down

$112,237

Down $45,837 (-29%) from 2024

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,023,354Liabilities 2011: $255,810Net Assets 2011: $767,5442011Assets 2012: $1,119,660Liabilities 2012: $250,006Net Assets 2012: $869,6542012Assets 2013: $949,082Liabilities 2013: $221,152Net Assets 2013: $727,9302013Assets 2014: $778,480Liabilities 2014: $207,436Net Assets 2014: $571,0442014Assets 2015: $883,854Liabilities 2015: $197,553Net Assets 2015: $686,3012015Assets 2016: $871,654Liabilities 2016: $122,733Net Assets 2016: $748,9212016Assets 2017: $1,037,764Liabilities 2017: $116,340Net Assets 2017: $921,4242017Assets 2018: $964,328Liabilities 2018: $99,825Net Assets 2018: $864,5032018Assets 2019: $887,887Liabilities 2019: $102,051Net Assets 2019: $785,8362019Assets 2020: $1,339,284Liabilities 2020: $204,152Net Assets 2020: $1,135,1322020Assets 2021: $3,325,389Liabilities 2021: $934,440Net Assets 2021: $2,390,9492021Assets 2022: $3,421,623Liabilities 2022: $480,468Net Assets 2022: $2,941,1552022Assets 2023: $3,800,147Liabilities 2023: $271,560Net Assets 2023: $3,528,5872023Assets 2024: $3,774,886Liabilities 2024: $93,647Net Assets 2024: $3,681,2392024Assets 2025: $3,898,616Liabilities 2025: $105,140Net Assets 2025: $3,793,4762025

Highlighted filing

2025

Assets$3,898,616
Liabilities$105,140
Net Assets$3,793,476

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,688,151Expenses 2011: $1,620,393Net Income 2011: $67,7582011Revenue 2012: $1,814,313Expenses 2012: $1,712,203Net Income 2012: $102,1102012Revenue 2013: $1,636,427Expenses 2013: $1,778,151Net Income 2013: -$141,7242013Revenue 2014: $1,604,807Expenses 2014: $1,741,383Net Income 2014: -$136,5762014Revenue 2015: $1,866,301Expenses 2015: $1,751,044Net Income 2015: $115,2572015Revenue 2016: $1,989,586Expenses 2016: $1,926,966Net Income 2016: $62,6202016Revenue 2017: $2,178,541Expenses 2017: $2,006,038Net Income 2017: $172,5032017Revenue 2018: $2,126,564Expenses 2018: $2,183,485Net Income 2018: -$56,9212018Revenue 2019: $2,118,900Expenses 2019: $2,180,177Net Income 2019: -$61,2772019Revenue 2020: $2,024,435Expenses 2020: $1,675,138Net Income 2020: $349,2972020Revenue 2021: $3,005,064Expenses 2021: $1,749,247Net Income 2021: $1,255,8172021Revenue 2022: $2,479,640Expenses 2022: $1,929,434Net Income 2022: $550,2062022Revenue 2023: $2,441,912Expenses 2023: $1,854,480Net Income 2023: $587,4322023Revenue 2024: $2,100,678Expenses 2024: $1,942,604Net Income 2024: $158,0742024Revenue 2025: $2,121,729Expenses 2025: $2,009,492Net Income 2025: $112,2372025

Highlighted filing

2025

Revenue$2,121,729
Expenses$2,009,492
Net Income$112,237

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.90$0.11$3.79$2.12$2.01$0.11
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.77$0.09$3.68$2.10$1.94$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.80$0.27$3.53$2.44$1.85$0.59
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.42$0.48$2.94$2.48$1.93$0.55
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.33$0.93$2.39$3.01$1.75$1.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.20$1.14$2.02$1.68$0.35
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.10$0.79$2.12$2.18$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.10$0.86$2.13$2.18$0.06
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.12$0.92$2.18$2.01$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.12$0.75$1.99$1.93$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.88$0.20$0.69$1.87$1.75$0.12
2014Summary only. Only limited summary data is available for this year.$0.78$0.21$0.57$1.60$1.74$0.14
2013Summary only. Only limited summary data is available for this year.$0.95$0.22$0.73$1.64$1.78$0.14
2012Summary only. Only limited summary data is available for this year.$1.12$0.25$0.87$1.81$1.71$0.10
2011Summary only. Only limited summary data is available for this year.$1.02$0.26$0.77$1.69$1.62$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Jan 13, 2026
Return Version
2024v5.0
Gross Receipts
$2,158,544
Mission and Program Overview

Mission

REHABILITATION SERVICES

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,793,811$1,956,797▲ $162,986
Land, Buildings, and Equipment, Net$1,850,918$1,803,930▼ $46,988
Accounts Receivable$121,604$131,396▲ $9,792
Prepaid Expenses and Deferred Charges$7,178$5,119▼ $2,059
Cash and Non-Interest-Bearing Accounts$1,375$1,374▼ $1
Total Assets$3,774,886$3,898,616▲ $123,730
Liabilities
Other Liabilities$92,185$105,140▲ $12,955
Accounts Payable and Accrued Expenses$1,462--
Total Liabilities$93,647$105,140▲ $11,493
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,681,239$3,793,476▲ $112,237
Total Net Assets Fund Balance$3,681,239$3,793,476▲ $112,237
Total Liabilities and Net Assets / Fund Balance$3,774,886$3,898,616▲ $123,730

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,705,698$219,626$1,925,324
Equipment$73,232$298,595$371,827
Land$25,000-$25,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023--▼ $2,804--
2022--▲ $264-$2,804
2021--▼ $537-$2,540
2020--▲ $521-$3,077
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tim FritzPresident
Christine KaczukDirector
Doug BriningDirector
Dr Nancy LubeskiDirector
Greg NewlandDirector
Jon VolkDirector
Laura PolegaDirector
Misty RogersDirector
Shawn WebberDirector
Jan HolzSecretary
Randi Rambo-guigarTreasurer
Mark BrownVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$42,224
Program Service Revenue
$1,993,336
Investment Income
$57,567
Other Revenue
$28,602
All Other Contributions
$42,224
Change in Net Assets
$112,237

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,121,729
Total Revenue per Audited Statements
$2,121,729
Total Revenue per Form 990
$2,121,729
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,634,188
Other Expenses$375,304
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,340,400$62,331-$1,402,731
Payroll Taxes$104,189$4,743-$108,932
Other Employee Benefits$86,671$16,670-$103,341
Depreciation Depletion$69,716$7,646-$77,362
Occupancy$49,597$2,721-$52,318
Insurance$32,080$5,672-$37,752
Office Expenses$32,040$3,531-$35,571
All Other Expenses$21,851$1,562-$23,413
Pension Plan Contributions$18,340$844-$19,184
Other Expenses$11,330$3,264-$14,594
Fees for Services Accounting-$6,500-$6,500
Conferences and Meetings$1,755$3,011-$4,766
Travel$3,889$688-$4,577
Advertising$4,401--$4,401
Interest-$35-$35
Total Functional Expenses$1,842,045$167,447$0$2,009,492

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,009,492
Total Expenses per Audited Statements$2,009,492
Total Expenses per Form 990$2,009,492
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,573
Fundraising Direct Expenses$13,144
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$22,573$22,573$13,144$9,429
Total Events$22,573$22,573$13,144$9,429
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Salaries Payable$36,362
Compensated Absences$27,686
Simple Ira$21,265
Accrued Sales Tax$5,370
Accrued Fica$4,652
State Income Tax W/h$3,868
Employee Medical Insurance$2,754
Accrued Unemployment Tax$2,162
Employee Saving W/h$542
Aflac Ins Deductions W/h$285
United Way W/h$194
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The executive director reviews the form 990 and signs the form prior to being filed.

Form 990, Page 6, Part VI, Line 15A

The board of directors annually evaluates the executive director's performance and sets their annual compensation.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Thumb Industries Inc
EIN
38-1915119
Phone
9892699229
Address
721 N VAN DYKE ROAD, BAD AXE, MI 48413

Signing Officer

Name
Kelly Richmond
Title
Executive Director
Phone
9892699229
Signed
2026-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Richmond
Formed
1970
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
112

Preparer

Firm
Nietzke & Faupel Pc
Address
7274 HARTLEY STREET, PIGEON, MI 48755
Preparer
Kylie Braun
Phone
9899635555
Supplemental Narrative

Additional Explanations

Form 990

Thumb industries, inc. Is dedicated to the development & provision of quality services for persons with vocational disabilities. We believe that personal success & positive employment outcomes can be obtained when persons have informed choices & support in reaching their highest capabilities.

Form 990, Page 2, Part III, Line 4D

Rehabilitation services were provided for an estimated 250 mentally or physically disadvantaged individuals.

Raw XML AppendixShowing 400 of 497 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/NoDonorRestrictionNetAssetsGrp/BOYAmt03681239
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IRS990/OccupancyGrp/ProgramServicesAmt049597
IRS990/OccupancyGrp/TotalAmt052318
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03531
IRS990/OfficeExpensesGrp/ProgramServicesAmt032040
IRS990/OfficeExpensesGrp/TotalAmt035571
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt086671
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0103341
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2GRANT WRITING & MARKETING
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026483
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12146
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt219600
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33264
IRS990/OtherExpensesGrp/ProgramServicesAmt033389
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0844
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07178
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IRS990/ProgramServiceRevenueGrp/Desc3COMPETITIVE INTEGRATED EMP
IRS990/ProgramServiceRevenueGrp/Desc4HURON BEHAVIORAL HEALTH
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0REHABILITATION SERVICES WERE PROVIDED FOR AN ESTIMATED 250 MENTALLY OR PHYSICALLY DISADVANTAGED INDIVIDUALS.
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IRS990/PYRevenuesLessExpensesAmt0158074
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt015698
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01793811
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01956797
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01290405
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IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2804
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IRS990ScheduleD/ExpensesSubtotalAmt02009492
IRS990ScheduleD/LandGrp/BookValueAmt025000
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SALARIES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SIMPLE IRA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED SALES TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4ACCRUED FICA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5STATE INCOME TAX W/H
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6EMPLOYEE MEDICAL INSURANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7ACCRUED UNEMPLOYMENT TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc8EMPLOYEE SAVING W/H
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc9AFLAC INS DEDUCTIONS W/H
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc10UNITED WAY W/H
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IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013144
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING

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