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Nonprofit · EIN 59-0802932

THRIFT INC

Tax-exempt · WEST PALM BCH, FL 33401

Financials

$34K$41K2023$33K$44K2024$34K$47K2025
Revenue Expenses · by fiscal year end
Financials of THRIFT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2026990-PF$33,517$47,206-$13,689$57,864$0$57,864
March 31, 2025990-PF$33,102$44,227-$11,125$71,553$0$71,553
March 31, 2024990-PF$34,161$41,200-$7,039$82,678$0$82,678
Financial details: 990-PF for the year ended March 31, 2026

Revenue

Contributions, gifts and grants
$32,000
Interest
$1,517

Expenses

Grants and similar amounts paid
$46,000
Disbursements for charitable purposes
$39,000
Excise tax on investment income
$4

Balance sheet and other

Total assets, start of year
$71,553
Total assets, end of year
$57,864
Total liabilities, end of year
$0
Net assets, end of year
$57,864
Fair market value of assets
$57,864
Qualifying distributions
$39,000
Net investment income
$1,517

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended March 31, 2026, highest compensation first.

NameTitleHours / weekCompensation
PAUL L MADDOCK Jr
317 PERUVIAN AVE STE 204, PALM BEACH, FL 33480
PRESIDENT0$0
990-PF for the year ended March 31, 2025: 1 people
NameTitleHours / weekCompensation
PAUL L MADDOCK Jr
317 PERUVIAN AVE STE 204, PALM BEACH, FL 33480
PRESIDENT0$0
990-PF for the year ended March 31, 2024: 1 people
NameTitleHours / weekCompensation
PAUL L MADDOCK JR
317 PERUVIAN AVE, PALM BEACH, FL 33480
PRESIDENT0$0

Address and contacts

Address (IRS master file)
625 N FLAGLER DR STE 506, WEST PALM BCH, FL 33401-4025
In care of
% PAUL L MADDOCK JR
Signed the 990-PF
PAUL L MADDOCK JR, PRESIDENT
Phone
(561) 655-1483
Return prepared by
Swinarski & Company PA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026990-PF on file
2024March 31, 2025August 15, 2025990-PF on file
2023March 31, 2024August 15, 2024990-PF on file

IRS record

EIN
59-0802932
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1943
Accounting year ends
March
Files
Form 990-PF
Assets (IRS master file)
$57,864
Income (IRS master file)
$33,517

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFMarch 2026$33,517$47,206$57,864XML
990-PFMarch 2025$33,102$44,227$71,553XML
990-PFMarch 2024$34,161$41,200$82,678XML
990-PFMarch 2023–––IRS
990-PFMarch 2022–––IRS
990-PFMarch 2021–––IRS
990-PFMarch 2020–––IRS
990-PFMarch 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-0802932).

Questions about THRIFT INC

What is the EIN of THRIFT INC?
The employer identification number (EIN) of THRIFT INC is 59-0802932.
Is THRIFT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1943.
Are donations to THRIFT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THRIFT INC file?
Form 990-PF. Private foundations file every year.
When is the next return of THRIFT INC due?
The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THRIFT INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended March 2026.
Who are the officers and directors of THRIFT INC?
The 990-PF for the year ended March 31, 2026 lists 1 person; 0 received compensation from the organization.
How much revenue does THRIFT INC have?
On its 990-PF for the year ended March 31, 2026 it reported revenue of $33,517, expenses of $47,206 and total assets of $57,864 at year end.

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