Civic Intelligence

Central Mennonite Thrift Inc.

990 • Fiscal year 2020 • EIN 82-4982377

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

PO Box 473North Newton, KS 67117

(620) 877-0383

Siviq Scores

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

Liabilities / Assets

97th percentile

1.77x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.10x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

61st percentile

13%

Higher net margin than 61% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

85th percentile

$25,774

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

3rd percentile

-94%

Faster asset growth than 3% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

94th percentile

122%

Faster revenue growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$16,257

Down $240,853 (-94%) from 2019

Net Assets

Up

-$12,443

Up $212,359 (+94%) from 2019

Liabilities

Down

$28,700

Down $453,212 (-94%) from 2019

Revenue

Up

$295,092

Up $162,117 (+122%) from 2019

Expenses

Down

$257,032

Down $93,048 (-27%) from 2019

Net Income

Up

$38,060

Up $255,165 (+118%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200K-$400KAssets 2019: $257,110Liabilities 2019: $481,912Net Assets 2019: -$224,8022019Assets 2020: $16,257Liabilities 2020: $28,700Net Assets 2020: -$12,4432020Assets 2021: $15,632Net Assets 2021: $15,6322021Assets 2022: $273,836Liabilities 2022: $8,732Net Assets 2022: $265,1042022Assets 2023: $281,330Liabilities 2023: $9,071Net Assets 2023: $272,2592023Assets 2024: $227,792Liabilities 2024: $7,682Net Assets 2024: $220,1102024Assets 2025: $221,521Liabilities 2025: $2,888Net Assets 2025: $218,6332025

Highlighted filing

2020

Assets$16,257
Liabilities$28,700
Net Assets-$12,443

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2019: $132,975Expenses 2019: $350,080Net Income 2019: -$217,1052019Revenue 2020: $295,092Expenses 2020: $257,032Net Income 2020: $38,0602020Revenue 2021: $31,972Expenses 2021: $3,897Net Income 2021: $28,0752021Revenue 2022: $582,651Expenses 2022: $333,179Net Income 2022: $249,4722022Revenue 2023: $342,447Expenses 2023: $335,292Net Income 2023: $7,1552023Revenue 2024: $328,655Expenses 2024: $380,804Net Income 2024: -$52,1492024Revenue 2025: $333,259Expenses 2025: $334,736Net Income 2025: -$1,4772025

Highlighted filing

2020

Revenue$295,092
Expenses$257,032
Net Income$38,060
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$295,092
Mission and Program Overview

Mission

Establish and operate thrift stores in communities to provide affordable second-hand merchandise.

Establish and operate thrift stores in communities to provide affordable second-hand merchandise

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$192,120$12,441▼ $179,679
Cash and Non-Interest-Bearing Accounts$64,990$3,816▼ $61,174
Total Assets$257,110$16,257▼ $240,853
Liabilities
Unsecured Notes Loans Payable$474,029$28,700▼ $445,329
Accounts Payable and Accrued Expenses$7,883--
Total Liabilities$481,912$28,700▼ $453,212
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-224,802$-12,443▲ $212,359
Total Net Assets Fund Balance$-224,802$-12,443▲ $212,359
Total Liabilities and Net Assets / Fund Balance$257,110$16,257▼ $240,853

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,441$7,478$19,919
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carly BrockGeneral ManagerFT$23,448$2,326$25,774

Board Members and Trustees

NameTitle
Rick BartlettChair
Dave KingVice Chair
Jeremy JohnsonBoard Member
Mesfin RejjiBoard Member
Phyllis Marie CampbellBoard Member
Maggie GobleSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$428,548
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-133,456
All Other Contributions
$428,548
Change in Net Assets
$38,060

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$101,521Sales Rev From Donated Items
Total Noncash Contributions$101,521-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$170,237
Salaries, Compensation, and Employee Benefits$86,432
Grants and Similar Amounts Paid$363
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$94,731$0$0$94,731
Other Salaries and Wages$51,721$0$0$51,721
Depreciation Depletion$46,223$0$0$46,223
Current Officers, Directors, Trustees, and Key Employees$19,330$6,443$0$25,773
Fees for Services Accounting$0$9,045$0$9,045
Advertising$0$8,320$0$8,320
Payroll Taxes$7,112$553$0$7,665
Office Expenses$0$4,059$0$4,059
Other Expenses$3,708$0$0$3,708
Pension Plan Contributions$1,273$0$0$1,273
Travel$0$620$0$620
Grants to Domestic Orgs$363--$363
Insurance$218$0$0$218
Total Functional Expenses$224,679$32,353$0$257,032
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
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
Filing and Contact Details

Filer

Filer Name
Central Mennonite Thrift Inc
EIN
82-4982377
Phone
6208770383
Address
PO BOX 473, NORTH NEWTON, KS 67117

Signing Officer

Name
Rick Bartlett
Title
Chair
Phone
6208770383
Signed
2021-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rick Bartlett
Formed
2018
Legal Domicile
Ks
Voting Board Members
6
Independent Board Members
6
Employees
9
Volunteers
31

Preparer

Firm
Knudsen Monroe & Co LLC
Address
512 N MAIN STREET, NEWTON, KS 67114
Preparer
Christopher D Stauffer
Phone
3162835366
Supplemental Narrative

Additional Explanations

Pt III, Line 3

During 2020 the organization ceased operating its thrift store in wichita, kansas.

Pt VI, Line 11B

The board president reviews the 990 prior to filing.

Pt VI, Line 19

These documents are made available to the public upon request.

Pt VI, Line 12C

Each board meeting includes a "declaration of conflict of interest" in order to name potential conflicts of interest, and the minutes will record the names of members who disclose a potential conflict of interest, and the related action taken by the governing body in regards to managing that potential conflict. All members annually sign a statement that each person has received, read and agreed to comply with the organization's conflict of interest policy; understood that the organization's activities must be consistent with its tax-exempt mission; and agreed to support the organization's foundational statements of vision, purpose, values and statement of shared convictions.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING 2020 THE ORGANIZATION CEASED OPERATING ITS THRIFT STORE IN WICHITA, KANSAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD PRESIDENT REVIEWS THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH BOARD MEETING INCLUDES A "DECLARATION OF CONFLICT OF INTEREST" IN ORDER TO NAME POTENTIAL CONFLICTS OF INTEREST, AND THE MINUTES WILL RECORD THE NAMES OF MEMBERS WHO DISCLOSE A POTENTIAL CONFLICT OF INTEREST, AND THE RELATED ACTION TAKEN BY THE GOVERNING BODY IN REGARDS TO MANAGING THAT POTENTIAL CONFLICT. ALL MEMBERS ANNUALLY SIGN A STATEMENT THAT EACH PERSON HAS RECEIVED, READ AND AGREED TO COMPLY WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY; UNDERSTOOD THAT THE ORGANIZATION'S ACTIVITIES MUST BE CONSISTENT WITH ITS TAX-EXEMPT MISSION; AND AGREED TO SUPPORT THE ORGANIZATION'S FOUNDATIONAL STATEMENTS OF VISION, PURPOSE, VALUES AND STATEMENT OF SHARED CONVICTIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0true
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0257110
IRS990/TotalAssetsEOYAmt016257
IRS990/TotalAssetsGrp/BOYAmt0257110
IRS990/TotalAssetsGrp/EOYAmt016257
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0428548
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032353
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0224679
IRS990/TotalFunctionalExpensesGrp/TotalAmt0257032
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0481912
IRS990/TotalLiabilitiesEOYAmt028700
IRS990/TotalLiabilitiesGrp/BOYAmt0481912
IRS990/TotalLiabilitiesGrp/EOYAmt028700
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-224802
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-12443
IRS990/TotalOtherCompensationAmt02326
IRS990/TotalProgramServiceExpensesAmt0224679
IRS990/TotalReportableCompFromOrgAmt023448
IRS990/TotalRevenueGrp/ExclusionAmt0-133456
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0295092
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt031
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0257110
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt016257
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0620
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt0620
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0474029
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt028700
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 473
IRS990/USAddress/CityNm0NORTH NEWTON
IRS990/USAddress/StateAbbreviationCd0KS
IRS990/USAddress/ZIPCd067117
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICK BARTLETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum06208770383
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CENTRAL MENNONITE THRIFT INC
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0824982377
ReturnHeader/Filer/PhoneNum06208770383
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 473
ReturnHeader/Filer/USAddress/CityNm0NORTH NEWTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd067117
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KNUDSEN MONROE & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0512 N MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEWTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd067114
ReturnHeader/PreparerPersonGrp/PhoneNum03162835366
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER D STAUFFER
ReturnHeader/ReturnTs02021-11-10T13:29:43-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BARTLETT
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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