Silver Creek Thrift Inc
- Assets
- $40.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marquette, MI
- Founding
- 05/2015
- Data as of
- 12/2023
- EIN
- 47-2568953
Organization Overview
Silver Creek Thrift Inc is located in Marquette, MI. The organization was established in 2015. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silver Creek Thrift Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Silver Creek Thrift Inc generated $141.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $140.2k during the year ending 12/2023. While expenses have increased by 9.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Taylor President | 2 | $0 | |
Deb England Treasurer | 5 | $0 | |
Jennifer Prus Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,319 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $788 |
| Total Revenue | $141,301 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $94,545 |
| Professional fees and other payments to independent contractors | $1,755 |
| Occupancy, rent, utilities, and maintenance | $14,126 |
| Printing, publications, postage, and shipping | $160 |
| Other expenses | $29,625 |
| Total expenses | $140,211 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,048 |
| Other assets | $0 |
| Total assets | $40,048 |
| Total liabilities | $4,277 |
| Net assets or fund balances | $35,771 |