Civic Intelligence

Silver Creek Thrift Inc

EIN 47-2568953 • 501(c)3 • Marquette, MI

Profile

Provide quality used items at a low cost to those in need

219 Silver Creek RoadMarquette, MI 49855

n/A

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.21x

Higher debt load relative to assets than 83% of similar nonprofits.

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

Liabilities / Revenue

76th percentile

0.03x

Higher debt load relative to revenue than 76% of similar nonprofits.

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

Net Margin

30th percentile

-10%

Higher net margin than 30% of similar nonprofits.

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

Top Officer Pay

87th percentile

$16,392

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

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

Asset Growth

23rd percentile

-39%

Faster asset growth than 23% 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

Assets

Down

$24,384

Down $15,664 (-39%) from 2023

Liabilities

Up

$5,137

Up $860 (+20%) from 2023

Net Assets

$19,247

No earlier filing loaded for comparison.

Revenue

Up

$157,914

Up $16,613 (+12%) from 2023

Expenses

Up

$174,438

Up $34,227 (+24%) from 2023

Net Income

Down

-$16,524

Down $17,614 (-1616%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2017: $12,331Liabilities 2017: $2,4272017Assets 2018: $13,102Liabilities 2018: $1,952Net Assets 2018: $11,1502018Assets 2019: $23,059Liabilities 2019: $1,160Net Assets 2019: $21,8992019Assets 2020: $30,419Liabilities 2020: $2,614Net Assets 2020: $27,8052020Assets 2021: $44,203Liabilities 2021: $3,299Net Assets 2021: $40,9042021Assets 2022: $39,879Liabilities 2022: $5,198Net Assets 2022: $34,6812022Assets 2023: $40,048Liabilities 2023: $4,2772023Assets 2024: $24,384Liabilities 2024: $5,137Net Assets 2024: $19,2472024

Highlighted filing

2024

Assets$24,384
Liabilities$5,137
Net Assets$19,247

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2017: $78,422Expenses 2017: $82,422Net Income 2017: -$4,0002017Revenue 2018: $82,856Expenses 2018: $81,610Net Income 2018: $1,2462018Revenue 2019: $93,144Expenses 2019: $82,397Net Income 2019: $10,7472019Revenue 2020: $106,229Expenses 2020: $100,323Net Income 2020: $5,9062020Revenue 2021: $142,550Expenses 2021: $129,693Net Income 2021: $12,8572021Revenue 2022: $142,355Expenses 2022: $148,840Net Income 2022: -$6,4852022Revenue 2023: $141,301Expenses 2023: $140,211Net Income 2023: $1,0902023Revenue 2024: $157,914Expenses 2024: $174,438Net Income 2024: -$16,5242024

Highlighted filing

2024

Revenue$157,914
Expenses$174,438
Net Income-$16,524

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 18, 2025
Return Version
2024v5.2
Gross Receipts
$157,914
Mission and Program Overview

Mission

Provide quality used items at a low cost to those in need

Program Services

DescriptionGrantsExpenses
Assist persons in need with low-cost used items. Approximately2945 people served. Open five days per week on average$0$169,293
Operation Winter Wear-Provide winter clothing freeof charge to those in need. Approximately 710 coats and 339 pair of boots given away. This is a two-day event$0$3,163
Backpack SOS -Provide children with backpacks and schoolsupplies for the new school year. Approximately 918 childrenwere served$0$1,981
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jim DufloStore DirectorPT$16,392-$16,392
Jennifer PrusSecretary-$339-$339
Kevin TaylorPresident-$0--
Deb EnglandTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Silver Creek Thrift Inc
EIN
47-2568953
Phone
9062732473
Address
219 Silver Creek Road, Marquette, MI 49855

Signing Officer

Name
Kevin R Taylor
Title
President
Phone
9062732473
Signed
2025-09-18
Discuss with paid preparer
Yes

Preparer

Firm
Maureen a Heinonen
Address
PO BOX 148, TRENARY, MI 49891
Preparer
Maureen A Heinonen
Phone
9064463725
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

Miscellaneous 170.

Form 990EZ, Part I, Line 8

Sales Tax Discount 72.

Form 990EZ, Part I, Line 16

Outreach 36073.

Form 990EZ, Part I, Line 16

Business Licenses 20.

Form 990EZ, Part I, Line 16

Store Supplies 75.

Form 990EZ, Part I, Line 16

Bank Fees 50.

Form 990EZ, Part I, Line 16

Merchant Fees 2438.

Form 990EZ, Part I, Line 16

Office Supplies 3812.

Form 990EZ, Part I, Line 16

Telephone/Telecommunications 4018.

Form 990EZ, Part I, Line 16

Other costs 110.

Form 990EZ, Part I, Line 16

Miscellaneous Expense 1517.

Form 990EZ, Part I, Line 16

Store Expenses 3727.

Form 990EZ, Part I, Line 16

Marketing/Advertising 50.

Form 990EZ, Part I, Line 16

Depreciation 0.

Raw XML Appendix198 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kevin Taylor
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jennifer Prus
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jim Duflo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Store Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt051890
IRS990EZ/OtherRevenueTotalAmt0242
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide quality used items at a low cost to those in need
IRS990EZ/PrintingPublicationsPostageAmt028
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Assist persons in need with low-cost used items. Approximately2945 people served. Open five days per week on average
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Operation Winter Wear-Provide winter clothing freeof charge to those in need. Approximately 710 coats and 339 pair of boots given away. This is a two-day event
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Backpack SOS -Provide children with backpacks and schoolsupplies for the new school year. Approximately 918 childrenwere served
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0169293
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt13163
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt21981
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt0100620
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IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MI
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IRS990EZ/TotalExpensesAmt0174438
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IRS990EZ/TotalRevenueAmt0157914
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04767
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt06319
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0121206
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0242
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt01690
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Miscellaneous 170.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Sales Tax Discount 72.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Outreach 36073.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Business Licenses 20.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Store Supplies 75.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Fees 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Merchant Fees 2438.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Office Supplies 3812.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Telephone/Telecommunications 4018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Other costs 110.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Miscellaneous Expense 1517.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Store Expenses 3727.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Marketing/Advertising 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Depreciation 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kevin R Taylor
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09062732473
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Silver Creek Thrift Inc
ReturnHeader/Filer/BusinessNameControlTxt0SILV
ReturnHeader/Filer/EIN0472568953
ReturnHeader/Filer/PhoneNum09062732473
ReturnHeader/Filer/USAddress/AddressLine1Txt0219 Silver Creek Road
ReturnHeader/Filer/USAddress/CityNm0Marquette
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049855
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAUREEN A HEINONEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 148
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TRENARY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049891
ReturnHeader/PreparerPersonGrp/PhoneNum09064463725
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Maureen A Heinonen
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-09-23T11:32:30-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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