Civic Intelligence

Thumb Industries Inc.

990 • Fiscal year 2016 • EIN 38-1915119

Oct 01, 2015 to Sep 30, 2016 • Filed on Jan 19, 2016

1263 Sand Beach RdBad Axe, MI 48413

(989) 269-9229

Siviq Scores

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

Liabilities / Assets

56th percentile

0.14x

Higher debt load relative to assets than 56% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

40th percentile

0.06x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

53rd percentile

3.1%

Higher net margin than 53% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

38th percentile

-1.4%

Faster asset growth than 38% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

59th percentile

6.6%

Faster revenue growth than 59% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$871,654

Down $12,200 (-1.4%) from 2015

Net Assets

Up

$748,921

Up $62,620 (+9.1%) from 2015

Liabilities

Down

$122,733

Down $74,820 (-38%) from 2015

Revenue

Up

$1,989,586

Up $123,285 (+6.6%) from 2015

Expenses

Up

$1,926,966

Up $175,922 (+10%) from 2015

Net Income

Down

$62,620

Down $52,637 (-46%) from 2015

Historical Trend

Balance Sheet Trend

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

$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

2016

Assets$871,654
Liabilities$122,733
Net Assets$748,921

Operations Trend

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

2016

Revenue$1,989,586
Expenses$1,926,966
Net Income$62,620
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jan 19, 2016
Return Version
2015v3.0
Gross Receipts
$2,050,828
Mission and Program Overview

Mission

REHABILITATION SERVICES

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$488,843$427,795▼ $61,048
Savings and Temporary Cash Investments$299,025$262,371▼ $36,654
Accounts Receivable$95,386$180,888▲ $85,502
Cash and Non-Interest-Bearing Accounts$600$600→ $0
Total Assets$883,854$871,654▼ $12,200
Liabilities
Mortgage Notes Payable Secured by Investment Property$132,733$49,554▼ $83,179
Other Liabilities-$49,228-
Accounts Payable and Accrued Expenses$64,820$23,951▼ $40,869
Total Liabilities$197,553$122,733▼ $74,820
Net Assets / Fund Balance
Unrestricted Net Assets$686,301$747,913▲ $61,612
Permanently Rstr Net Assets-$1,008-
Total Net Assets Fund Balance$686,301$748,921▲ $62,620
Total Liabilities and Net Assets / Fund Balance$883,854$871,654▼ $12,200

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$236,102$534,662$770,764
Buildings$131,693$475,545$607,238
Land$60,000-$60,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015-$1,000▲ $8-$1,008
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tim FritzPresident
Jan StoeckleV. President
Heather DrabekSecretary
Jan HolzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,987,299
Investment Income
$-31,179
Other Revenue
$33,466
Change in Net Assets
$62,620

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,989,586
Total Revenue per Audited Statements
$1,989,586
Total Revenue per Form 990
$1,989,586
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,468,833
Other Expenses$458,133
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,255,062$40,124-$1,295,186
Occupancy$142,120$1,410-$143,530
Payroll Taxes$102,992$3,367-$106,359
Depreciation Depletion$60,764$6,756-$67,520
Other Employee Benefits$52,908$3,026-$55,934
All Other Expenses$35,623$7,020-$42,643
Insurance$31,199$5,246-$36,445
Travel$35,075--$35,075
Other Expenses$12,905$677-$12,905
Pension Plan Contributions-$11,354-$11,354
Fees for Services Other$11,019--$11,019
Office Expenses$7,347$792-$8,139
Fees for Services Accounting-$5,600-$5,600
Interest$4,700--$4,700
Advertising$4,085--$4,085
Conferences and Meetings$2,401$168-$2,569
Total Functional Expenses$1,841,419$85,547$0$1,926,966

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,926,966
Total Expenses per Audited Statements$1,926,966
Total Expenses per Form 990$1,926,966
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$36,103
Fundraising Direct Expenses$2,637
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$36,103$36,103$2,637$33,466
Total Events$36,103$36,103$2,637$33,466
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$23,876
Compensated Absences$17,869
Accrued Fica$2,989
Ids Annuity 2$2,115
Employee Basic Flex$1,417
United Way W/h$556
Employee Saving W/h$281
Accrued Interest$125
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Thumb Industries Inc
EIN
38-1915119
Phone
9892699229
Address
1263 SAND BEACH RD, BAD AXE, MI 48413

Signing Officer

Name
Rhonda Wisenbaugh
Title
Executive Director
Phone
9892699229
Signed
2016-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rhonda Wisenbaugh
Formed
1970
Legal Domicile
Mi
Voting Board Members
11
Independent Board Members
11
Employees
220

Preparer

Firm
Nietzke & Faupel Pc
Address
7274 HARTLEY STREET, PIGEON, MI 48755
Preparer
Brian V Hazard
Phone
9899635555
Supplemental Narrative

Additional Explanations

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

Rehabilitation services were provided for an estimated 225 mentally or physically disadvantaged individuals.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The investment earnings of the endowment funds are to be used for the purchase of capital assets and equipment used by the organization.

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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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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01552158
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01636427
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01814313
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01814313
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02024756
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01864451
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01604467
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01636427
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01814313
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08944414
IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0475545
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0607238
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01008
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt08
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0534662
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0770764
IRS990ScheduleD/ExpensesSubtotalAmt01926966
IRS990ScheduleD/LandGrp/BookValueAmt060000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt060000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt023876
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt117869
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22989
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32115
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt41417
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5556
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt6281
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt7125
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SALARIES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED FICA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3IDS ANNUITY 2
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4EMPLOYEE BASIC FLEX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5UNITED WAY W/H
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6EMPLOYEE SAVING W/H
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7ACCRUED INTEREST
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INVESTMENT EARNINGS OF THE ENDOWMENT FUNDS ARE TO BE USED FOR THE PURCHASE OF CAPITAL ASSETS AND EQUIPMENT USED BY THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleD/TotalLiabilityAmt049228
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt036103
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt033466
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02637
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IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REHABILITATION SERVICES WERE PROVIDED FOR AN ESTIMATED 225 MENTALLY OR PHYSICALLY DISADVANTAGED INDIVIDUALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 AND SIGNS THE FORM PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
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IRS990/TotalEmployeeCnt0220
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01841419
IRS990/TotalFunctionalExpensesGrp/TotalAmt01926966
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0122733
IRS990/TotalLiabilitiesGrp/BOYAmt0197553
IRS990/TotalLiabilitiesGrp/EOYAmt0122733
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0748921
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IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0217866
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0217866
IRS990/TotalProgramServiceExpensesAmt01841419
IRS990/TotalProgramServiceRevenueAmt01987299
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01956120
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01989586
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0883854
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0871654
IRS990/TravelGrp/ProgramServicesAmt035075
IRS990/TravelGrp/TotalAmt035075
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0686301
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0747913
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.THUMBINDUSTRIES.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RHONDA WISENBAUGH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09892699229
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THUMB INDUSTRIES INC
ReturnHeader/Filer/BusinessNameControlTxt0THUM
ReturnHeader/Filer/EIN0381915119
ReturnHeader/Filer/PhoneNum09892699229
ReturnHeader/Filer/USAddress/AddressLine1Txt01263 SAND BEACH RD
ReturnHeader/Filer/USAddress/CityNm0BAD AXE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048413
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382475086
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NIETZKE & FAUPEL PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07274 HARTLEY STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PIGEON

Document Assets

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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
2016Detailed filing. Detailed filing data is available for this year.$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