Thrift Angels

990EZ • Fiscal year 2018 • EIN 38-3991971

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 28, 2019

Organization Profile N/A

215 N Mason StreetBowie, TX 76230

(940) 872-3558

Siviq Scores

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

1.99x

Higher debt load relative to assets than 97% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

0.73x

Higher debt load relative to revenue than 94% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

-0.1%

Higher net margin than 40% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

-23%

Faster asset growth than 19% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

35%

Faster revenue growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / Assets97th percentile

Assets

Down

$36,408

Down $10,949 (-23%) from 2017

Net Assets

Down

-$35,955

Down $146 (-0.4%) from 2017

Liabilities

Down

$72,363

Down $10,803 (-13%) from 2017

Revenue And Expenses

Liabilities / Revenue94th percentile Net Margin40th percentile

Revenue

$99,286

Up $25,536 (+35%) from 2017

Expenses

Down

$99,432

Down $7,750 (-7.2%) from 2017

Net Income

-$146

Up $33,286 (+100%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

Highlighted filing

2018

Assets$36,408

Liabilities$72,363

Net Assets-$35,955

Open 2018 Filing

Operations Trend

Revenue Growth81st percentile

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

Highlighted filing

2018

Revenue$99,286

Expenses$99,432

Net Income-$146

Open 2018 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2018 to Dec 31, 2018
Signed: Oct 28, 2019
Return Version: 2018v3.1
Gross Receipts: $106,472

Mission and Program Overview

Mission

To operate thrift shops to support nonprofits within the community.

Program Services

Description	Grants	Expenses
THRIFT STORE OPERATED TO SUPPORT NONPROFITS WITHIN THE COMMUNITY.	$97,132	-

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
WM B SANTO	Chairman	PT	$0	-	-
JULIY HEATH	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Thrift Angels
EIN: 38-3991971
Phone: 9408723558
Address: 215 N MASON STREET, BOWIE, TX 76230

Signing Officer

Name: Wm B Santo
Title: Chairman
Signed: 2019-10-28
Discuss with paid preparer: Yes

Preparer

Firm: Rebar & Associates PLLC
Address: 4727 - 44th Avenue SW 201, Seattle, WA 98116-4467
Preparer: Robert J Rebar CPA
Phone: 2069382906

Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $705”

Other Expenses.1002

“Office Expenses $606”

Other Expenses.1009

“Depreciation $4628”

Other Expenses.1

“Peo salaries & wages $46555”

Other Expenses.2

“SALES TAX $5980”

Other Expenses.3

“INSURANCE $3383”

Other Expenses.4

“INTEREST EXPENSE $2300”

Other Expenses.5

“CREDIT CARD FEES $1640”

Other Expenses.6

“TELEPHONE $1019”

Other Expenses.7

“REPAIRS $618”

Other Expenses.8

“BANK FEES $25”

Other Assets.1002

“Furniture and Fixtures - Beginning $13589 Furniture and Fixtures - Ending $8961”

Other Assets.1010

“Inventories - Beginning $16928 Inventories - Ending $17678”

Total Liabilities.1007

“Secured Mortgages and Notes Payable - Beginning $22417 Secured Mortgages and Notes Payable - Ending $10088”

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $58801 Unsecured Notes and Loans Payable - Ending $62275”

Total Liabilities.1

“SALES TAX PAYABLE - Beginning $1948 SALES TAX PAYABLE - Ending $0”

Raw XML Appendix156 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/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	WM B SANTO
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	9408723558
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	PO BOX 110
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	BOWIE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	76230
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	16840
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	9769
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/CostOfGoodsSoldAmt	0	7186
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-146
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	1485
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form720FiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	47357
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	36408
IRS990EZ/FundraisingGrossIncomeAmt	0	0
IRS990EZ/GrossProfitLossSlsOfInvntryAmt	0	99286
IRS990EZ/GrossReceiptsAmt	0	106472
IRS990EZ/GrossReceiptsForPublicUseAmt	0	0
IRS990EZ/GrossSalesOfInventoryAmt	0	106472
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InitiationFeesAndCapContriAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	-35809
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	-35955
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	-35809
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	-35955
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	30488
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	8.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	WM B SANTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	JULIY HEATH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Director
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationFiled990TInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	30517
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	26639
IRS990EZ/OtherExpensesTotalAmt	0	67459
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	TO OPERATE THRIFT SHOPS TO SUPPORT NONPROFITS WITHIN THE COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THRIFT STORE OPERATED TO SUPPORT NONPROFITS WITHIN THE COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	97132
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/RelatedOrgSect527OrgInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SpecialEventsDirectExpensesAmt	0	0
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	83166
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	72363
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	99432
IRS990EZ/TotalProgramServiceExpensesAmt	0	97132
IRS990EZ/TotalRevenueAmt	0	99286
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/First5Years170Ind	0	X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	106472
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	89955
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	42226
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	238653
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome170Grp/TotalAmt	0	0
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.00000
IRS990ScheduleA/PublicSupportTotal170Amt	0	238653
IRS990ScheduleA/SubstantialContributorsTotAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt	0	0
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	106472
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	89955
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	42226
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	238653
IRS990ScheduleA/TotalSupportAmt	0	238653
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt	0	0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Advertising and Promotion $705
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Office Expenses $606
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Depreciation $4628
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	PEO SALARIES & WAGES $46555
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	SALES TAX $5980
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	INSURANCE $3383
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	INTEREST EXPENSE $2300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	CREDIT CARD FEES $1640
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	8	TELEPHONE $1019
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	9	REPAIRS $618
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	10	BANK FEES $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	11	Furniture and Fixtures - Beginning $13589 Furniture and Fixtures - Ending $8961
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	12	Inventories - Beginning $16928 Inventories - Ending $17678
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	13	Secured Mortgages and Notes Payable - Beginning $22417 Secured Mortgages and Notes Payable - Ending $10088
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	14	Unsecured Notes and Loans Payable - Beginning $58801 Unsecured Notes and Loans Payable - Ending $62275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	15	SALES TAX PAYABLE - Beginning $1948 SALES TAX PAYABLE - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	7	Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	8	Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	9	Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	10	Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	11	Other Assets.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	12	Other Assets.1010
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	13	Total Liabilities.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	14	Total Liabilities.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	15	Total Liabilities.1
ReturnHeader/BuildTS	0	2020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	WM B SANTO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2019-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	THRIFT ANGELS
ReturnHeader/Filer/BusinessNameControlTxt	0	THRI
ReturnHeader/Filer/EIN	0	383991971
ReturnHeader/Filer/PhoneNum	0	9408723558
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	215 N MASON STREET
ReturnHeader/Filer/USAddress/CityNm	0	BOWIE
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	TX
ReturnHeader/Filer/USAddress/ZIPCd	0	76230
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	911275754
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Rebar & Associates PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	4727 - 44th Avenue SW 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Seattle
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	981164467
ReturnHeader/PreparerPersonGrp/PhoneNum	0	2069382906
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	ROBERT J REBAR CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2019-10-28T12:01:51-07:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2018-01-01
ReturnHeader/TaxPeriodEndDt	0	2018-12-31
ReturnHeader/TaxYr	0	2018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $36,408
Liabilities: $72,363
Net assets: -$35,955
Revenue: $99,286
Expenses: $99,432
Net income: -$146

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$1.04		$1.04	$1.81	$1.47	$0.34
2024Detailed filing. Detailed filing data is available for this year.	$0.70		$0.70	$1.62	$1.60	$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.69	$0.00	$0.69	$1.66	$1.33	$0.33
2022Detailed filing. Detailed filing data is available for this year.	$0.44	$0.08	$0.36	$1.55	$1.15	$0.40
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.31	$0.35	$0.04	$1.38	$1.08	$0.30
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.	$0.25	$0.58	$0.34	$0.86	$0.93	$0.07
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.	$0.33	$0.59	$0.27	$1.10	$1.01	$0.09
2018Detailed filing. Detailed filing data is available for this year.	$0.36	$0.72	$0.36	$0.99	$0.99	$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.47	$0.83	$0.36	$0.74	$1.07	$0.33