Civic Intelligence

Thrifty & Nifty Inc

EIN 88-2381674 • 501(c)3 • Tupper Lake, NY

NTEE P29

Profile

The organization operates a thrift store solely utilizing volunteer labor selling donated merchandise.

47 Park StreetTupper Lake, NY 12986
Siviq Scores

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

Liabilities / Assets

75th percentile

0.05x

Higher debt load relative to assets than 75% of similar nonprofits.

NTEE P • <$500k nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

NTEE P • <$500k nonprofits • Source year 2024

Net Margin

18th percentile

-16%

Higher net margin than 18% of similar nonprofits.

NTEE P • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

NTEE P • <$500k nonprofits • Source year 2024

Asset Growth

21st percentile

-35%

Faster asset growth than 21% of similar nonprofits.

NTEE P • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

29th percentile

-22%

Faster revenue growth than 29% of similar nonprofits.

NTEE P • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$27,328

Down $14,592 (-35%) from 2023

Liabilities

Flat

$1,461

Flat from 2023

Net Assets

Down

$25,867

Down $14,592 (-36%) from 2023

Operations
Liabilities / Revenue73rd percentileNet Margin18th percentile

Revenue

Down

$88,673

Down $25,054 (-22%) from 2023

Expenses

Up

$103,265

Up $11,280 (+12%) from 2023

Net Income

Down

-$14,592

Down $36,334 (-167%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

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

$60K$40K$20K$0Assets 2022: $21,320Liabilities 2022: $2,603Net Assets 2022: $18,7172022Assets 2023: $41,920Liabilities 2023: $1,461Net Assets 2023: $40,4592023Assets 2024: $27,328Liabilities 2024: $1,461Net Assets 2024: $25,8672024

Highlighted filing

2024

Assets$27,328
Liabilities$1,461
Net Assets$25,867
Open 2024 Filing

Operations Trend

Revenue Growth29th percentile

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

$150K$100K$50K$0-$50KRevenue 2022: $100,064Expenses 2022: $81,347Net Income 2022: $18,7172022Revenue 2023: $113,727Expenses 2023: $91,985Net Income 2023: $21,7422023Revenue 2024: $88,673Expenses 2024: $103,265Net Income 2024: -$14,5922024

Highlighted filing

2024

Revenue$88,673
Expenses$103,265
Net Income-$14,592
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$27,328
Liabilities
$1,461
Net assets
$25,867
Revenue
$88,673
Expenses
$103,265
Net income
-$14,592
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$0.89$1.03$0.15
2023Detailed filing. Detailed filing data is available for this year.$0.42$0.01$0.40$1.14$0.92$0.22
2022Detailed filing. Detailed filing data is available for this year.$0.21$0.03$0.19$1.00$0.81$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.0
Gross Receipts
$88,673
Mission and Program Overview

Mission

The organization operates a thrift store solely utilizing volunteer labor selling donated merchandise.

Thrift store operated entirely by volunteers and supported entirely by donated merchandise.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$41,920$27,328▼ $14,592
Total Assets$41,920$27,328▼ $14,592
Liabilities
Other Liabilities$1,461$1,461→ $0
Total Liabilities$1,461$1,461→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$40,459$25,867▼ $14,592
Total Net Assets Fund Balance$40,459$25,867▼ $14,592
Total Liabilities and Net Assets / Fund Balance$41,920$27,328▼ $14,592
Compensation and Service Providers
Top Officer Pay83rd percentile

Board Members and Trustees

NameTitle
Crate PhyllisExecutive Di
Clement SerenaSecretary
Crate StephenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$88,668
Investment Income
$5
Other Revenue
$0
Change in Net Assets
$-14,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$97,439
Grants and Similar Amounts Paid$5,826
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$67,280--$67,280
Grants to Domestic Individuals$5,826--$5,826
Information Technology$2,691--$2,691
Fees for Services Accounting-$1,937-$1,937
Travel$1,284--$1,284
Advertising$1,260--$1,260
Office Expenses$531--$531
Conferences and Meetings$64--$64
Fees for Services Other-$50-$50
Other Expenses$12--$12
Total Functional Expenses$101,278$1,987$0$103,265
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Advances From Organizer$1,461
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Thrifty & Nifty Inc
EIN
88-2381674
Phone
5182751519
Address
47 PARK STREET, TUPPER LAKE, NY 12986

Signing Officer

Name
Crate Phyllis
Title
Executive Director
Phone
5182751519
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Crate Phyllis
Formed
2022
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Boushie & Associates
Address
PO BOX 1013, SARANAC LAKE, NY 12983
Preparer
R Scott Boushie CPA
Phone
5188911754
Raw XML Appendix267 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/CYOtherRevenueAmt00
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IRS990/Form990PartVIISectionAGrp/PersonNm1CLEMENT SERENA
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02022
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt05826
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt05826
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt05826
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt088673
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InformationTechnologyGrp/ProgramServicesAmt02691
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IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt05
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt040459
IRS990/NetAssetsOrFundBalancesEOYAmt025867
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt040459
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt067280
IRS990/OccupancyGrp/TotalAmt067280
IRS990/OfficeExpensesGrp/ProgramServicesAmt0531
IRS990/OfficeExpensesGrp/TotalAmt0531
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1GROCERIES
IRS990/OtherExpensesGrp/Desc2UNCATEGORIZED
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ProgramServicesAmt020157
IRS990/OtherExpensesGrp/ProgramServicesAmt12043
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IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt088668
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01506
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IRS990/PYOtherExpensesAmt090479
IRS990/PYProgramServiceRevenueAmt0113722
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IRS990/PYTotalExpensesAmt091985
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IRS990/ReconcilationRevenueExpnssAmt0-14592
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IRS990/ReportLandBuildingEquipmentInd0false
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IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt088668
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0302464
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IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleD/TotalLiabilityAmt01461
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0CRATE PHYLLIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05182751519
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
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ReturnHeader/Filer/BusinessNameControlTxt0THRI
ReturnHeader/Filer/EIN0882381674
ReturnHeader/Filer/PhoneNum05182751519
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ReturnHeader/Filer/USAddress/CityNm0TUPPER LAKE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012983
ReturnHeader/PreparerPersonGrp/PhoneNum05188911754
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R SCOTT BOUSHIE CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-15T14:34:01-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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