Civic Intelligence

Fleece & Thank You

EIN 47-5263037 • 501(c)3 • Farmington Hills, MI

Profile

Donates blankets to children

24715 Crestview CTFarmington Hills, MI 48335

www.fleeceandthankyou.org

Siviq Scores

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

Liabilities / Assets

90th percentile

0.71x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.47x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

51st percentile

5.0%

Higher net margin than 51% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

76th percentile

$1,000

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

45th percentile

1.3%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

27%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$566,573

Down $63,888 (-10%) from 2024

Liabilities

Up

$450,134

Up $476 (+0.1%) from 2024

Net Assets

Down

$116,439

Down $64,364 (-36%) from 2024

Operations
Liabilities / Revenue86th percentileNet Margin51st percentile

Revenue

Up

$1,068,802

Up $115,968 (+12%) from 2024

Expenses

Up

$1,006,742

Up $101,308 (+11%) from 2024

Net Income

Up

$62,060

Up $14,660 (+31%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

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

$800K$600K$400K$200K$0Assets 2016: $30,866Liabilities 2016: $2,102Net Assets 2016: $28,7642016Assets 2017: $94,516Liabilities 2017: $889Net Assets 2017: $93,6272017Assets 2018: $108,791Liabilities 2018: $0Net Assets 2018: $108,7912018Assets 2020: $224,942Liabilities 2020: $146,859Net Assets 2020: $78,0832020Assets 2021: $238,760Liabilities 2021: $173,067Net Assets 2021: $65,6932021Assets 2022: $251,306Liabilities 2022: $212,448Net Assets 2022: $38,8582022Assets 2023: $622,491Liabilities 2023: $489,088Net Assets 2023: $133,4032023Assets 2024: $630,461Liabilities 2024: $449,658Net Assets 2024: $180,8032024Assets 2025: $566,573Liabilities 2025: $450,134Net Assets 2025: $116,4392025

Highlighted filing

2025

Assets$566,573
Liabilities$450,134
Net Assets$116,439
Open 2025 Filing

Operations Trend

Revenue Growth73rd percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $43,473Expenses 2016: $15,299Net Income 2016: $28,1742016Revenue 2017: $198,153Expenses 2017: $133,290Net Income 2017: $64,8632017Revenue 2018: $317,540Expenses 2018: $302,376Net Income 2018: $15,1642018Revenue 2020: $461,938Expenses 2020: $445,056Net Income 2020: $16,8822020Revenue 2021: $476,631Expenses 2021: $489,021Net Income 2021: -$12,3902021Revenue 2022: $684,583Expenses 2022: $711,418Net Income 2022: -$26,8352022Revenue 2023: $750,735Expenses 2023: $656,190Net Income 2023: $94,5452023Revenue 2024: $952,834Expenses 2024: $905,434Net Income 2024: $47,4002024Revenue 2025: $1,068,802Expenses 2025: $1,006,742Net Income 2025: $62,0602025

Highlighted filing

2025

Revenue$1,068,802
Expenses$1,006,742
Net Income$62,060
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$566,573
Liabilities
$450,134
Net assets
$116,439
Revenue
$1,068,802
Expenses
$1,006,742
Net income
$62,060
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.57$0.45$0.12$1.07$1.01$0.06
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.45$0.18$0.95$0.91$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.49$0.13$0.75$0.66$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.21$0.04$0.68$0.71$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.17$0.07$0.48$0.49$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.15$0.08$0.46$0.45$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.32$0.30$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$0.20$0.13$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.04$0.02$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2024 to Oct 31, 2025
Signed
Mar 17, 2026
Return Version
2024v5.5
Gross Receipts
$1,113,830
Mission and Program Overview

Mission

Provides comfort and hope to children battling illness by giving donors the unique opportunity to create a fleece blanket and a cherished video message of support and encouragement.

Provides comfort and hope to children battling illness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$100,395$234,116▲ $133,721
Inventories for Sale or Use$201,878$90,580▼ $111,298
Savings and Temporary Cash Investments$64,611$67,198▲ $2,587
Accounts Receivable$75,937$33,255▼ $42,682
Prepaid Expenses and Deferred Charges$5,044$7,511▲ $2,467
Land, Buildings, and Equipment, Net$6,324$2,866▼ $3,458
Intangible Assets$269$236▼ $33
Total Assets$630,461$566,573▼ $63,888
Other Assets Total$176,003$130,811▼ $45,192
Liabilities
Other Liabilities$262,844$142,671▼ $120,173
Mortgage Notes Payable Secured by Investment Property$2,577$113,210▲ $110,633
Unsecured Notes Loans Payable$109,934$107,292▼ $2,642
Accounts Payable and Accrued Expenses$57,357$54,870▼ $2,487
Deferred Revenue$16,946$32,091▲ $15,145
Total Liabilities$449,658$450,134▲ $476
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$180,803$116,439▼ $64,364
Total Net Assets Fund Balance$180,803$116,439▼ $64,364
Total Liabilities and Net Assets / Fund Balance$630,461$566,573▼ $63,888

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$21,978$21,978
Equipment$2,866$2,983$5,849
Other Assets Org$130,811--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicholas KristockExecutive DirectorFT$96,323$2,590$98,913

Board Members and Trustees

NameTitle
Dave SpencerBoard Chair
Ed NakfoorCommunications Chair
Alissa CrawfordFinance Committee Chair
Paul DavisFundraising Chair
Alyssa VermuelenBoard Member
Denton FarleyBoard Member
Jason AllenBoard Member
Jason TiptonBoard Member
Lisa BeachBoard Member
Scott CieslakBoard Member
Tamika Andersen-maysBoard Member
Beth BarnesBoard Member (officer)
Kristen BennettsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$506,011
Program Service Revenue
$588,758
Investment Income
$2,587
Other Revenue
$-28,554
All Other Contributions
$396,766
Change in Net Assets
$62,060

Audited Revenue Reconciliation

Revenue per Audited Statements
$771,727
Revenue Not Reported on Financial Statements
$297,075
Revenue Not Reported on Form 990
$3,036
Other Revenue Adjustments
$297,075
Total Revenue per Audited Statements
$774,763
Total Revenue per Form 990
$1,068,802
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$594,096
Salaries, Compensation, and Employee Benefits$412,646
Total Fundraising Expense$35,537
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$226,649$42,497$14,165$283,311
Current Officers, Directors, Trustees, and Key Employees$80,462$15,087$5,029$100,578
Office Expenses$64,578$15,158$5,052$84,788
Occupancy$45,384$8,511$2,837$56,732
Fees for Services Other$29,146$5,465$1,822$36,433
Advertising$25,925$4,861$1,620$32,406
Payroll Taxes$23,006$4,313$1,438$28,757
Fees for Services Accounting$20,296$3,805$1,268$25,369
Interest$6,570$1,231$411$8,212
Travel$3,134$588$196$3,918
Depreciation Depletion$2,793$523$175$3,491
Insurance$2,250$421$141$2,812
Other Expenses$1,685$316$105$2,106
Fees for Services Legal$1,296$243$81$1,620
All Other Expenses$-1,066--$-1,066
Total Functional Expenses$864,596$106,609$35,537$1,006,742

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,006,742
Total Expenses per Audited Statements$712,703
Expenses per Audited Statements$709,667
Expenses Not Reported on Financial Statements$297,075
Other Expense Adjustments$297,075
Expenses Not Reported on Form 990$3,036
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$45,028
Fundraising Gross Income$15,577
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Make a Blanket Day$36,506-$10,425-
Golf Outing$88,316$15,577$30,800$-15,223
Total Events$124,822$15,577$45,028$-29,451
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rou Operating Lease$142,671
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Board members will review the return before it is filed.”

Form 990, Part VI, Section B, Line 12C

“To ensure the corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeapardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: 1) whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arm's length bargaining. 2) whether partnerships, joint ventures, and arrangements with management corporations conform to the corporation's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impressible private benefit or in an excess benefit transaction.”

Form 990, Part VI, Section B, Line 15

“Compensation is approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“Documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Fleece & Thank You
EIN
47-5263037
Phone
3134513665
Address
24715 CRESTVIEW CT, FARMINGTON HILLS, MI 48335

Signing Officer

Name
Nicholas Kristock
Title
Executive Director
Phone
2484446004
Signed
2026-03-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicholas Kristock
Formed
2015
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
13
Employees
20
Volunteers
34,509

Preparer

Firm
Maner Costerisan Pc
Address
2425 E GRAND RIVER SUITE 1, LANSING, MI 48912-3291
Preparer
Brandy L Mikula CPA
Phone
5173237500
Supplemental Narrative

Additional Explanations

Form 990, Line 8

“During the fiscal year ended october 31, 2025, the organization identified an overstatement of inventory in the amount of approximately $126,424 related to the fiscal year ended october 31, 2024. As a result, the organization restated its statement of financial position, statement of activities and changes in net assets, and statement of cash flows for the year ended october 31, 2024 to correct this error. The prior period adjustment reflects the correction of the inventory overstatement and ensures that the financial statements accurately present the organization's financial position and results of operations.”

Financial Statement Notes

PART X, LINE 2:

“In the preparation of tax returns, tax positions are taken based on interpretation of federal, state and local income tax laws. Management periodically reviews and evaluates the status of uncertain tax positions and makes estimates of amounts, including interest and penalties, ultimately due or owed. No amounts have been identified, or recorded, as uncertain tax positions. Federal, state and local tax returns generally remain open for examination by the various taxing authorities for a period of three to four years.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“COGS 297,075.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“COGS 297,075.”

Raw XML AppendixShowing 400 of 552 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
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IRS990/Desc0BLANKET DONATION BY SELLING READY TO MAKE FLEECE BLANKET KITS. AFTER THE DONORS MAKE THE FLEECE BLANKET, FLEECE AND THANK YOU WILL DELIVER IT TO CHILDREN IN A HOSPITAL. FLEECE AND THANK YOU HAS PARTNERED WITH HOSPITALS AROUND THE USA AND DONATED OVER 100,000 BLANKETS TO CHILDREN IN NEED.
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IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER (OFFICER)
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IRS990/Form990PartVIISectionAGrp/TitleTxt10FINANCE COMMITTEE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11FUNDRAISING CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD CHAIR
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IRS990/FormationYr02015
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IRS990/FSAuditedInd01
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IRS990/MissionDesc0PROVIDES COMFORT AND HOPE TO CHILDREN BATTLING ILLNESS BY GIVING DONORS THE UNIQUE OPPORTUNITY TO CREATE A FLEECE BLANKET AND A CHERISHED VIDEO MESSAGE OF SUPPORT AND ENCOURAGEMENT.
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IRS990/ScheduleBRequiredInd01

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