Civic Intelligence

The Thrifty Nickel Inc

EIN 82-1186957 • 501(c)3 • Philadelphia, MS

Pub. 78 Eligible

Profile

As provided in its statement of purpose, the specific purposes for which the organization has been established is the sale of used merchandise and other goods to support charitable activities, including but not limited to, those as defined by section 501(c)(3). The past, present and planned activities is the sale of used merchandise to support its charitable activities. The primary charitable activity as provided in article 2 of the bylaws is to operate a shelter for homeless men and to give back to the communities where the retail stores reside. The organization's mission statement, vision and values are: mission statement: provide a pathway of wellness, hope, and peace to homeless men. Provide clothing, shoes, food, and small household appliances to families in need within our communities to better their lives. Vision: better lives better families better communities a better world through the ministry of jesus christ values: hope love compassion peace

1120 East Main Street Suite 17Philadelphia, MS 39350
Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

71st percentile

18%

Higher net margin than 71% of similar nonprofits.

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

Top Officer Pay

60th percentile

$23,400

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

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

Asset Growth

89th percentile

60%

Faster asset growth than 89% of similar nonprofits.

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

Revenue Growth

59th percentile

13%

Faster revenue growth than 59% of similar nonprofits.

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

Assets

Up

$301,674

Up $113,396 (+60%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$301,674

Up $113,396 (+60%) from 2023

Revenue

Up

$638,020

Up $73,099 (+13%) from 2023

Expenses

Up

$524,624

Up $27,135 (+5.5%) from 2023

Net Income

Up

$113,396

Up $45,964 (+68%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2017: $26,622Liabilities 2017: $0Net Assets 2017: $26,6222017Assets 2018: $45,201Liabilities 2018: $0Net Assets 2018: $45,2012018Assets 2019: $65,967Liabilities 2019: $0Net Assets 2019: $65,9672019Assets 2020: $30,850Liabilities 2020: $0Net Assets 2020: $30,8502020Assets 2021: $87,086Liabilities 2021: $0Net Assets 2021: $87,0862021Assets 2022: $120,846Liabilities 2022: $0Net Assets 2022: $120,8462022Assets 2023: $188,278Liabilities 2023: $0Net Assets 2023: $188,2782023Assets 2024: $301,674Liabilities 2024: $0Net Assets 2024: $301,6742024

Highlighted filing

2024

Assets$301,674
Liabilities$0
Net Assets$301,674

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2017: $276,009Expenses 2017: $249,387Net Income 2017: $26,6222017Revenue 2018: $361,231Expenses 2018: $339,949Net Income 2018: $21,2822018Revenue 2019: $378,679Expenses 2019: $357,913Net Income 2019: $20,7662019Revenue 2020: $391,420Expenses 2020: $426,537Net Income 2020: -$35,1172020Revenue 2021: $545,556Expenses 2021: $489,320Net Income 2021: $56,2362021Revenue 2022: $514,594Expenses 2022: $480,834Net Income 2022: $33,7602022Revenue 2023: $564,921Expenses 2023: $497,489Net Income 2023: $67,4322023Revenue 2024: $638,020Expenses 2024: $524,624Net Income 2024: $113,3962024

Highlighted filing

2024

Revenue$638,020
Expenses$524,624
Net Income$113,396

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.0
Gross Receipts
$714,988
Mission and Program Overview

Mission

As provided in its statement of purpose, the specific purposes for which the organization has been established is the sale of used merchandise and other goods to support charitable activities, including but not limited to, those as defined by section 501(c)(3). The past, present and planned activities is the sale of used merchandise to support its charitable activities. The primary charitable activity as provided in article 2 of the bylaws is to operate a shelter for homeless men and to give back to the communities where the retail stores reside. The organization's mission statement, vision and values are: mission statement: provide a pathway of wellness, hope, and peace to homeless men. Provide clothing, shoes, food, and small household appliances to families in need within our communities to better their lives. Vision: better lives better families better communities a better world through the ministry of jesus christ values: hope love compassion peace

As provided in its statement of purpose, the specific purposes for which the organization has been established is the sale of used merchandise and other goods to support charitable activities, including but not limited to, those as defined by section 501(c)(3). The past, present and planned activities is the sale of used merchandise to support its charitable activities. The primary charitable activity as provided in article 2 of the bylaws is to operate a shelter for homeless men and to give back to the communities where the retail stores reside. The organization will operate a shelter for homeless men and will provide clothing, shoes, food, and small household appliances to families in need within our communities to better their lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$112,916$224,296▲ $111,380
Cash and Non-Interest-Bearing Accounts$62,362$64,378▲ $2,016
Inventories for Sale or Use$12,500$12,500→ $0
Other Notes and Loans Receivable, Net$500$500→ $0
Total Assets$188,278$301,674▲ $113,396
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$188,278$301,674▲ $113,396
Total Net Assets Fund Balance$188,278$301,674▲ $113,396
Total Liabilities and Net Assets / Fund Balance$188,278$301,674▲ $113,396

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$217,070$12,540$229,610
Other Land Buildings$7,226$12,991$20,217
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ricky L RogersPresidentFT$23,400$23,400

Board Members and Trustees

NameTitle
Norma ComptonVice Preside
Rachel RogersVP / Treasur
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$630,088
Investment Income
$7,932
Other Revenue
$0
Change in Net Assets
$113,396
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$396,101
Salaries, Compensation, and Employee Benefits$128,523
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$119,390-$119,390
All Other Expenses$15,967$57,396-$73,363
Other Expenses-$29,751-$29,751
Depreciation Depletion$6,660$2,725-$9,385
Payroll Taxes-$9,133-$9,133
Fees for Services Accounting-$5,200-$5,200
Insurance-$5,200-$5,200
Office Expenses-$1,284-$1,284
Advertising-$400-$400
Total Functional Expenses$22,627$501,997$0$524,624
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
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

Due to time contstraints the entire board did not review and approve the 990 prior to filing. This review will be conducted as soon as possible after filing. For futrure filings, the board of directors shall review and approve the form 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest is monitored in accordance with "article 9 - conflict of interest" contained in the corporate bylaws.

Form 990, Page 6, Part VI, Line 19

The organization maintains the governing documents at its principal office. Each is available for ublice inspections and copying to the extent required by law.

Filing and Contact Details

Filer

Filer Name
The Thrifty Nickel Inc
EIN
82-1186957
Phone
6015072467
Address
1120 EAST MAIN STREET SUITE 17, PHILADELPHIA, MS 39350

Signing Officer

Name
Ricky L Rogers
Title
President
Phone
6015072467
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ricky L Rogers
Formed
2017
Legal Domicile
Ms
Voting Board Members
3
Independent Board Members
0
Employees
8
Volunteers
4

Preparer

Firm
Donald and Co Cpas Pllc
Address
313A MAIN ST, PHILADELPHIA, MS 39350-2652
Preparer
Michael a Donald CPA
Phone
6016565902
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

As provided in its statement of purpose, the specific purposes for which the organization has been established is the sale of used merchandise and other goods to support charitable activities, including but not limited to, those as defined by section 501(c)(3). The past, present and planned activities is the sale of used merchandise to support its charitable activities. The primary charitable activity as provided in article 2 of the bylaws is to operate a shelter for homeless men and to give back to the communities where the retail stores reside. The organization's mission statement, vision and values are: mission statement: provide a pathway of wellness, hope, and peace to homeless men. Provide clothing, shoes, food, and small household appliances to families in need within our communities to better their lives. Vision: better lives better families better communities a better world through the ministry of jesus christ values: hope love compassion peace

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

As provided in its statement of purpose, the specific purposes for which the organization has been established is the sale of used merchandise and other goods to support charitable activities, including but not limited to, those as defined by section 501(c)(3). The past, present and planned activities is the sale of used merchandise to support its charitable activities. The primary charitable activity as provided in article 2 of the bylaws is to operate a shelter for homeless men and to give back to the communities where the retail stores reside. The organization will operate a shelter for homeless men and will provide clothing, shoes, food, and small household appliances to families in need within our communities to better their lives. The organization incurs expenses to operate a shelter for homeless men and to provide clothing, shoes, food, and small household appliances to families in need within our communities to better their lives.

Form 990, Part IX, Line 24E

Gifts to needy 15,967 0 0 supplies 0 13,364 0 miscellaneous 0 10,320 0 auto- fuel & oil 0 8,804 0 cost of sales 0 7,359 0 telephone 0 4,448 0 medical 0 3,874 0 repairs & maintenance 0 3,666 0 bank & credit card fees 0 3,173 0 taxes- other 0 1,464 0 refunds 0 410 0 meals 0 368 0 dues, fees & subscription 0 146 0 total 15,967 57,396 0

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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/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0514594
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0545556
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0391420
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02646579
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0217070
IRS990ScheduleD/BuildingsGrp/DepreciationAmt012540
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0229610
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07226
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012991
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt020217
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0224296
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS PROVIDED IN ITS STATEMENT OF PURPOSE, THE SPECIFIC PURPOSES FOR WHICH THE ORGANIZATION HAS BEEN ESTABLISHED IS THE SALE OF USED MERCHANDISE AND OTHER GOODS TO SUPPORT CHARITABLE ACTIVITIES, INCLUDING BUT NOT LIMITED TO, THOSE AS DEFINED BY SECTION 501(C)(3). THE PAST, PRESENT AND PLANNED ACTIVITIES IS THE SALE OF USED MERCHANDISE TO SUPPORT ITS CHARITABLE ACTIVITIES. THE PRIMARY CHARITABLE ACTIVITY AS PROVIDED IN ARTICLE 2 OF THE BYLAWS IS TO OPERATE A SHELTER FOR HOMELESS MEN AND TO GIVE BACK TO THE COMMUNITIES WHERE THE RETAIL STORES RESIDE. THE ORGANIZATION'S MISSION STATEMENT, VISION AND VALUES ARE: MISSION STATEMENT: PROVIDE A PATHWAY OF WELLNESS, HOPE, AND PEACE TO HOMELESS MEN. PROVIDE CLOTHING, SHOES, FOOD, AND SMALL HOUSEHOLD APPLIANCES TO FAMILIES IN NEED WITHIN OUR COMMUNITIES TO BETTER THEIR LIVES. VISION: BETTER LIVES BETTER FAMILIES BETTER COMMUNITIES A BETTER WORLD THROUGH THE MINISTRY OF JESUS CHRIST VALUES: HOPE LOVE COMPASSION PEACE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AS PROVIDED IN ITS STATEMENT OF PURPOSE, THE SPECIFIC PURPOSES FOR WHICH THE ORGANIZATION HAS BEEN ESTABLISHED IS THE SALE OF USED MERCHANDISE AND OTHER GOODS TO SUPPORT CHARITABLE ACTIVITIES, INCLUDING BUT NOT LIMITED TO, THOSE AS DEFINED BY SECTION 501(C)(3). THE PAST, PRESENT AND PLANNED ACTIVITIES IS THE SALE OF USED MERCHANDISE TO SUPPORT ITS CHARITABLE ACTIVITIES. THE PRIMARY CHARITABLE ACTIVITY AS PROVIDED IN ARTICLE 2 OF THE BYLAWS IS TO OPERATE A SHELTER FOR HOMELESS MEN AND TO GIVE BACK TO THE COMMUNITIES WHERE THE RETAIL STORES RESIDE. THE ORGANIZATION WILL OPERATE A SHELTER FOR HOMELESS MEN AND WILL PROVIDE CLOTHING, SHOES, FOOD, AND SMALL HOUSEHOLD APPLIANCES TO FAMILIES IN NEED WITHIN OUR COMMUNITIES TO BETTER THEIR LIVES. THE ORGANIZATION INCURS EXPENSES TO OPERATE A SHELTER FOR HOMELESS MEN AND TO PROVIDE CLOTHING, SHOES, FOOD, AND SMALL HOUSEHOLD APPLIANCES TO FAMILIES IN NEED WITHIN OUR COMMUNITIES TO BETTER THEIR LIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DUE TO TIME CONTSTRAINTS THE ENTIRE BOARD DID NOT REVIEW AND APPROVE THE 990 PRIOR TO FILING. THIS REVIEW WILL BE CONDUCTED AS SOON AS POSSIBLE AFTER FILING. FOR FUTRURE FILINGS, THE BOARD OF DIRECTORS SHALL REVIEW AND APPROVE THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICT OF INTEREST IS MONITORED IN ACCORDANCE WITH "ARTICLE 9 - CONFLICT OF INTEREST" CONTAINED IN THE CORPORATE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAINTAINS THE GOVERNING DOCUMENTS AT ITS PRINCIPAL OFFICE. EACH IS AVAILABLE FOR UBLICE INSPECTIONS AND COPYING TO THE EXTENT REQUIRED BY LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GIFTS TO NEEDY 15,967 0 0 SUPPLIES 0 13,364 0 MISCELLANEOUS 0 10,320 0 AUTO- FUEL & OIL 0 8,804 0 COST OF SALES 0 7,359 0 TELEPHONE 0 4,448 0 MEDICAL 0 3,874 0 REPAIRS & MAINTENANCE 0 3,666 0 BANK & CREDIT CARD FEES 0 3,173 0 TAXES- OTHER 0 1,464 0 REFUNDS 0 410 0 MEALS 0 368 0 DUES, FEES & SUBSCRIPTION 0 146 0 TOTAL 15,967 57,396 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0188278
IRS990/TotalAssetsEOYAmt0301674
IRS990/TotalAssetsGrp/BOYAmt0188278
IRS990/TotalAssetsGrp/EOYAmt0301674
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0501997
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt022627
IRS990/TotalFunctionalExpensesGrp/TotalAmt0524624
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0188278
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0301674
IRS990/TotalProgramServiceExpensesAmt022627
IRS990/TotalProgramServiceRevenueAmt0630088
IRS990/TotalReportableCompFromOrgAmt023400
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0638020
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0638020
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0188278
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0301674
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010580 ROAD 282
IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039350
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICKY L ROGERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06015072467
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE THRIFTY NICKEL INC
ReturnHeader/Filer/BusinessNameControlTxt0THRI
ReturnHeader/Filer/EIN0821186957
ReturnHeader/Filer/PhoneNum06015072467
ReturnHeader/Filer/USAddress/AddressLine1Txt01120 EAST MAIN STREET SUITE 17
ReturnHeader/Filer/USAddress/CityNm0PHILADELPHIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039350
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270633987
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DONALD AND CO CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0313A MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHILADELPHIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0393502652
ReturnHeader/PreparerPersonGrp/PhoneNum06016565902
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL A DONALD CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-12T14:33:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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