Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
Lopez Thrift Shop Inc
EIN 91-1641428 • 501(c)3 • Lopez Island, WA
Profile
Generate funds for local 501(c)(3) organizations
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.01x
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
49th percentile
Higher net margin than 49% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
55th percentile
Faster asset growth than 55% of similar nonprofits.
Revenue Growth
62nd percentile
Faster revenue growth than 62% of similar nonprofits.
Balance Sheet
Assets
Up$436,209
Up $1,283 (+0.3%) from 2023
Liabilities
Up$2,363
Up $42 (+1.8%) from 2023
Net Assets
$433,846
No earlier filing loaded for comparison.
Revenue
Up$116,786
Up $8,704 (+8.1%) from 2023
Expenses
Down$115,545
Down $666 (-0.6%) from 2023
Net Income
Up$1,241
Up $9,370 (+115%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $436,209
- Liabilities
- $2,363
- Net assets
- $433,846
- Revenue
- $116,786
- Expenses
- $115,545
- Net income
- $1,241
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Aug 5, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $116,786
Mission and Program Overview
Mission
Generate funds for local 501(c)(3) organizations
Lopez thrift shop is an all-volunteer organization operating a thrift shop selling donated used merchandise. All net proceeds are returned to the lopez community in the form of grants to other lopez 501(c)(3) or charitable organizations.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| OPERATE USED CLOTHING THRIFT SHOP WITH VOLUNTEER LABOR AND DONATED GOODS TO RAISE FUNDS FOR USE BY DESERVING LOPEZ ISLAND NON PROFIT ORGANIZATIONS. | $82,000 | $115,468 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MIGAEL SCHERER | President | - | $0 | - | - |
| LAURA SELA | Secretary | - | $0 | - | - |
| CAROL JONES | Treasurer | - | $0 | - | - |
| GAYLE ISBELL | Trustee | - | $0 | - | - |
| LINDA ZERBST | Trustee | - | $0 | - | - |
| COLLEEN BIGGS | Trsutee | - | $0 | - | - |
| GRETCHEN GOOD | Trustee | - | $0 | - | - |
| STEPHANIE FIWKER | Trustee | - | $0 | - | - |
| JUDY WALKER | Trustee | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Lopez Thrift Shop
- EIN
- 91-1641428
- Phone
- 3604683118
- Address
- PO BOX 274, LOPEZ ISLAND, WA 98261
Signing Officer
- Name
- Migael Scherer
- Title
- President
- Phone
- 3604683118
- Signed
- 2025-08-05
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Lake Kennedy Mcculloch Cpas Ps
- Address
- 425 CAINES ST STE A, FRIDAY HARBOR, WA 98250-0971
- Preparer
- Fred Mcculloch
- Phone
- 3603782496
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10
“Name: friends of woodmen hall address: po box 424 lopez island, wa 98261 cash contribution: 6,000 name: lopez community fireworks address: po box 701 lopez island, wa 98261 cash contribution: 9,000 name: lopez children's cemter address: po box 867 lopez island, wa 98261 cash contribution: 10,500 name: scholarships address: po box 274 lopez island, wa 98261 cash contribution: 6,000”
Form 990-ez, Part I, Line 16
“Expenses advertising 746 supplies 757 po rent 84 safe deposit box rent 35 special events 1,182 insurance 2,315 sally bag transport 600 b&0 tax 31 dues & fees 451 fundraising 77 non-investment depreciation 5,717 total 11,995”
Form 990-ez, Part II, Line 24
“Furniture, fixtuires & equip 8,590 8,590 less accumulated depreciation 8,590 8,590 total 0 0”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 2,321 2,363”
Form 990-ez, Part III
“Lopez thrift shop is an all-volunteer organization operating a thrift shop selling donated used merchandise. All net proceeds are returned to the lopez community in the form of grants to other lopez 501(c)(3) or charitable organizations.”
Raw XML Appendix157 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | CAROL J JONES |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3602984741 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 252 BAYSHORE RD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LOPEZ ISLAND |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 98261 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 141533 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 148533 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 116786 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 1241 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4375 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 434926 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 436209 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 82000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 116786 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 293393 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 287676 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 432605 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 433846 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 432605 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 433846 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 16980 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MIGAEL SCHERER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LAURA SELA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CAROL JONES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | GAYLE ISBELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | LINDA ZERBST |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | COLLEEN BIGGS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | GRETCHEN GOOD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | STEPHANIE FIWKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | JUDY WALKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | TRSUTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | TRUSTEE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 11995 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | LOPEZ THRIFT SHOP IS AN ALL-VOLUNTEER ORGANIZATION OPERATING A THRIFT SHOP SELLING DONATED USED MERCHANDISE. ALL NET PROCEEDS ARE RETURNED TO THE LOPEZ COMMUNITY IN THE FORM OF GRANTS TO OTHER LOPEZ 501(C)(3) OR CHARITABLE ORGANIZATIONS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 195 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | OPERATE USED CLOTHING THRIFT SHOP WITH VOLUNTEER LABOR AND DONATED GOODS TO RAISE FUNDS FOR USE BY DESERVING LOPEZ ISLAND NON PROFIT ORGANIZATIONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 82000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 115468 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2321 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2363 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 115545 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 115468 |
| IRS990EZ/TotalRevenueAmt | 0 | 116786 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | LOPEZTHRIFTSHOP.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 116786 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 108082 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102825 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 84351 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 41795 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 453839 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 453839 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 116786 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 108082 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102825 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 84351 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 41795 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 453839 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 453839 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | NAME: FRIENDS OF WOODMEN HALL ADDRESS: PO BOX 424 LOPEZ ISLAND, WA 98261 CASH CONTRIBUTION: 6,000 NAME: LOPEZ COMMUNITY FIREWORKS ADDRESS: PO BOX 701 LOPEZ ISLAND, WA 98261 CASH CONTRIBUTION: 9,000 NAME: LOPEZ CHILDREN'S CEMTER ADDRESS: PO BOX 867 LOPEZ ISLAND, WA 98261 CASH CONTRIBUTION: 10,500 NAME: SCHOLARSHIPS ADDRESS: PO BOX 274 LOPEZ ISLAND, WA 98261 CASH CONTRIBUTION: 6,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING 746 SUPPLIES 757 PO RENT 84 SAFE DEPOSIT BOX RENT 35 SPECIAL EVENTS 1,182 INSURANCE 2,315 SALLY BAG TRANSPORT 600 B&0 TAX 31 DUES & FEES 451 FUNDRAISING 77 NON-INVESTMENT DEPRECIATION 5,717 TOTAL 11,995 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FURNITURE, FIXTUIRES & EQUIP 8,590 8,590 LESS ACCUMULATED DEPRECIATION 8,590 8,590 TOTAL 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,321 2,363 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | LOPEZ THRIFT SHOP IS AN ALL-VOLUNTEER ORGANIZATION OPERATING A THRIFT SHOP SELLING DONATED USED MERCHANDISE. ALL NET PROCEEDS ARE RETURNED TO THE LOPEZ COMMUNITY IN THE FORM OF GRANTS TO OTHER LOPEZ 501(C)(3) OR CHARITABLE ORGANIZATIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MIGAEL SCHERER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3604683118 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-08-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LOPEZ THRIFT SHOP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LOPE |
| ReturnHeader/Filer/EIN | 0 | 911641428 |
| ReturnHeader/Filer/PhoneNum | 0 | 3604683118 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 274 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LOPEZ ISLAND |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 98261 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 911433436 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LAKE KENNEDY MCCULLOCH CPAS PS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 425 CAINES ST STE A |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FRIDAY HARBOR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | WA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 982500971 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3603782496 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-08-05 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | FRED MCCULLOCH |
| ReturnHeader/ReturnTs | 0 | 2025-08-18T13:19:03-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
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