Civic Intelligence

Steeple People Thrift Store

EIN 41-1359864 • 501(c)3 • Minneapolis, MN

Profile

We solicit, receive, and resell clothing and personal household goods at reasonable prices in an area that has few choices for quality goods and clothing. We focus on reducing waste and reusing goods.

1901 Nicollet AveMinneapolis, MN 55403

www.oldschoolthrifty.org

Siviq Scores

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

Liabilities / Assets

81st percentile

0.14x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

55th percentile

4.4%

Higher net margin than 55% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

65th percentile

7.1%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$142,656

Up $9,438 (+7.1%) from 2023

Liabilities

Down

$20,233

Down $3,549 (-15%) from 2023

Net Assets

Up

$122,423

Up $12,987 (+12%) from 2023

Operations
Liabilities / Revenue81st percentileNet Margin55th percentile

Revenue

Up

$253,567

Up $27,289 (+12%) from 2023

Expenses

Down

$242,398

Down $675 (-0.3%) from 2023

Net Income

Up

$11,169

Up $27,964 (+167%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

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

$300K$200K$100K$0Assets 2011: $71,610Liabilities 2011: $4,184Net Assets 2011: $67,4262011Assets 2012: $142,777Liabilities 2012: $1,090Net Assets 2012: $141,6872012Assets 2013: $142,928Liabilities 2013: $6,610Net Assets 2013: $136,3182013Assets 2014: $164,974Liabilities 2014: $5,845Net Assets 2014: $159,1292014Assets 2015: $233,056Liabilities 2015: $3,465Net Assets 2015: $229,5912015Assets 2016: $237,158Liabilities 2016: $14,349Net Assets 2016: $222,8102016Assets 2017: $171,099Liabilities 2017: $02017Assets 2018: $64,707Liabilities 2018: $4,6952018Assets 2019: $66,522Liabilities 2019: $7,167Net Assets 2019: $59,3552019Assets 2020: $125,342Liabilities 2020: $78,7002020Assets 2021: $142,410Liabilities 2021: $29,467Net Assets 2021: $112,9432021Assets 2022: $138,927Liabilities 2022: $12,882Net Assets 2022: $126,0452022Assets 2023: $133,218Liabilities 2023: $23,782Net Assets 2023: $109,4362023Assets 2024: $142,656Liabilities 2024: $20,233Net Assets 2024: $122,4232024

Highlighted filing

2024

Assets$142,656
Liabilities$20,233
Net Assets$122,423
Open 2024 Filing

Operations Trend

Revenue Growth66th percentile

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

$400K$200K$0-$200KRevenue 2011: $235,746Expenses 2011: $239,736Net Income 2011: -$3,9902011Revenue 2012: $286,200Expenses 2012: $213,082Net Income 2012: $73,1182012Revenue 2013: $308,349Expenses 2013: $305,962Net Income 2013: $2,3872013Revenue 2014: $290,474Expenses 2014: $264,804Net Income 2014: $25,6702014Revenue 2015: $327,442Expenses 2015: $260,964Net Income 2015: $66,4782015Revenue 2016: $329,456Expenses 2016: $336,237Net Income 2016: -$6,7812016Revenue 2017: $36,087Expenses 2017: $87,798Net Income 2017: -$51,7112017Revenue 2018: $53,649Expenses 2018: $164,736Net Income 2018: -$111,0872018Revenue 2019: $233,548Expenses 2019: $234,205Net Income 2019: -$6572019Revenue 2020: $197,773Expenses 2020: $210,485Net Income 2020: -$12,7122020Revenue 2021: $260,916Expenses 2021: $285,985Net Income 2021: -$25,0692021Revenue 2022: $275,341Expenses 2022: $262,239Net Income 2022: $13,1022022Revenue 2023: $226,278Expenses 2023: $243,073Net Income 2023: -$16,7952023Revenue 2024: $253,567Expenses 2024: $242,398Net Income 2024: $11,1692024

Highlighted filing

2024

Revenue$253,567
Expenses$242,398
Net Income$11,169
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$142,656
Liabilities
$20,233
Net assets
$122,423
Revenue
$253,567
Expenses
$242,398
Net income
$11,169
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.43$0.20$1.22$2.54$2.42$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.33$0.24$1.09$2.26$2.43$0.17
2022Detailed filing. Detailed filing data is available for this year.$1.39$0.13$1.26$2.75$2.62$0.13
2021Detailed filing. Detailed filing data is available for this year.$1.42$0.29$1.13$2.61$2.86$0.25
2020Summary only. Only limited summary data is available for this year.$1.25$0.79$1.98$2.10$0.13
2019Summary only. Only limited summary data is available for this year.$0.67$0.07$0.59$2.34$2.34$0.01
2018Summary only. Only limited summary data is available for this year.$0.65$0.05$0.54$1.65$1.11
2017Summary only. Only limited summary data is available for this year.$1.71$0.00$0.36$0.88$0.52
2016Summary only. Only limited summary data is available for this year.$2.37$0.14$2.23$3.29$3.36$0.07
2015Summary only. Only limited summary data is available for this year.$2.33$0.03$2.30$3.27$2.61$0.66
2014Summary only. Only limited summary data is available for this year.$1.65$0.06$1.59$2.90$2.65$0.26
2013Summary only. Only limited summary data is available for this year.$1.43$0.07$1.36$3.08$3.06$0.02
2012Summary only. Only limited summary data is available for this year.$1.43$0.01$1.42$2.86$2.13$0.73
2011Summary only. Only limited summary data is available for this year.$0.72$0.04$0.67$2.36$2.40$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 15, 2025
Return Version
2024v5.1
Gross Receipts
$253,567
Mission and Program Overview

Mission

sale of donated second hand goods after operating costs we contribute proceeds to local non profit organizations in neighborhood

We solicit receive and resell personal household goods and clothing Proceeds are used to cover operating costs and provide small donations

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$133,218$142,656▲ $9,438
Rtn Earn Endowment Incm Other Fnds$109,436$122,423▲ $12,987
Total Assets$133,218$142,656▲ $9,438
Liabilities
Accounts Payable and Accrued Expenses$23,782$20,233▼ $3,549
Total Liabilities$23,782$20,233▼ $3,549
Net Assets / Fund Balance
Total Net Assets Fund Balance$109,436$122,423▲ $12,987
Total Liabilities and Net Assets / Fund Balance$133,218$142,656▲ $9,438
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Brenda LewisPresident
Jim StephensenVice President
Deb Greendirector
Emily BarkerDirector
Erik Andersondirector
Jaime Haikensendirector
Laura HannahDirector
Tony LawrenceDirector
Anne LippinSecretary
Paula GilbertsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$251,500
Investment Income
$2,067
Other Revenue
$0
Change in Net Assets
$11,169

Noncash Contribution Practices

Property subject to holding requirements
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported Amount
Clothing and Household Goods$251,500
Total Noncash Contributions$251,500
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$122,883
Other Expenses$119,515
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$100,500--$100,500
Other Salaries and Wages$92,731--$92,731
Office Expenses$19,015--$19,015
Payroll Taxes$16,587--$16,587
Pension Plan Contributions$7,715--$7,715
Other Employee Benefits$5,850--$5,850
Total Functional Expenses$242,398$0$0$242,398
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
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

“Reviewed by board and executive committee members”

Part VI Line 12C

“Our policy is review at board orientation and yearly at a board meeting.”

Part VI Line 15A or B

“Reviewed similar positions and compared job duties to determine pay level.”

Part VI Line 19

“These documents are available upon request.”

Part VI #8

“We hold a monthly board meeting and minutes are kept.”

Part VI #11B

“The Board has reviewed this 990 and approved submission.”

Part VI #12B

“A conflict of interest statement is reviewed by manager and board yearly.”

Part VI #15A

“A review of Manager compensation was done prior to hiring in 2022.”

Part VI #15B

“This information was approved by the board.”

Filing and Contact Details

Filer

Filer Name
Steeple People Thrift Store
EIN
41-1359864
In Care Of
% Paula Gilbertson
Phone
6128718305
Address
1901 Nicollet Ave, Minneapolis, MN 55403
Doing Business As
Old School by Steeple People

Signing Officer

Name
Paula Gilbertson
Title
Treasurer
Phone
6128718305
Signed
2025-04-15

Organization Details

Principal Officer
Paula Gilbertson
Formed
1979
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
250
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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/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0163551
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0163551
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Reviewed by board and executive committee members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Our policy is review at board orientation and yearly at a board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Reviewed similar positions and compared job duties to determine pay level.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3These documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4We hold a monthly board meeting and minutes are kept.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Board has reviewed this 990 and approved submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6A conflict of interest statement is reviewed by manager and board yearly.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7A review of Manager compensation was done prior to hiring in 2022.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8This information was approved by the board.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 15a or b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI #8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI #11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part VI #12b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part VI #15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part VI #15b
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Church
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Minneapolis
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0253567
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IRS990/USAddress/CityNm0Minneapolis
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IRS990/WebsiteAddressTxt0www.oldschoolthrifty.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PAULA GILBERTSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06128718305
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Steeple People Thrift Store
ReturnHeader/Filer/BusinessNameControlTxt0STEE
ReturnHeader/Filer/EIN0411359864
ReturnHeader/Filer/InCareOfNm0% Paula Gilbertson
ReturnHeader/Filer/PhoneNum06128718305
ReturnHeader/Filer/USAddress/AddressLine1Txt01901 Nicollet Ave
ReturnHeader/Filer/USAddress/CityNm0Minneapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055403
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02025-04-15T17:04:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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