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Nonprofit · EIN 47-4029635

THINKING HUTS

Tax-exempt · OCALA, FL 34481

Financials

$211K$258K2024
Revenue Expenses · by fiscal year end
Financials of THINKING HUTS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$210,796$258,088-$47,292$94,043$0$94,043
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$210,784
Program service revenue
$0
Investment income
$12
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$30,000
Salaries, compensation and benefits (total)
$34,508
Professional fundraising fees
$0
Travel
$959
Program services (functional)
$193,522
Management and general (functional)
$6,051
Fundraising (functional)
$58,529

Balance sheet and other

Total assets, start of year
$148,914
Total assets, end of year
$94,043
Total liabilities, end of year
$0
Net assets, end of year
$94,043
Net assets without donor restrictions
$94,043
Gross receipts
$210,796
Employees
1
Volunteers
15
Year formed
2016
State of legal domicile
FL

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARGARET MAGGIE C GROUTCEO Founder
Officer
55$30,000
TYLER HENRYDirector
Trustee or director
10$0
CECILIA MASCARDIDirector
Trustee or director
2$0
SAM O'LEARYDirector
Trustee or director
2$0
SIMON JEFFERSONDirector
Trustee or director
1$0
CHRIS MURPHYDirector
Trustee or director
1$0
SHIRLEY GAODirector
Trustee or director
1$0
SHARLETTE HAMBRICKDirector
Trustee or director
2$0
ALINA FUDirector
Trustee or director
5$0
MIKE COLLERANDirector
Trustee or director
10$0
LIZ CAMPOSDirector
Trustee or director
2$0
NJERI KINYANJUIDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
7509 SW 78TH TER, OCALA, FL 34481-1480
In care of
% HARRY GROUT
Mailing address (990-N for 2020)
1930 Rangely Ct, Loveland CO 80538
Principal officer (990 for 2024)
Margaret C Grout, 7509 SW 78th Ter, Ocala, FL 34481
Principal officer (990-N for 2020)
Harry Grout, 1930 Rangely Ct, Loveland CO 80538
Signed the 990
HARRY GROUT, Bookkeeper
Phone
(970) 381-5197

Mission

Leveraging large scale 3-D printing, we build schools in areas of need.

990 for the year ended December 31, 2024

Program accomplishments

  • Construction expenses for Honeycomb Campus in Tulear Madagascar. Printer payments made for 3D Printer and funding of local contractors.
    Expenses $193,522 · revenue $210,796

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-4029635
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$94,043
Income (IRS master file)
$210,796

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$294,151$181,303$148,914IRS
990-EZDecember 2022–––IRS
990December 2021–––IRS
990-N for 2020
Officer: Harry Grout
December 31, 2020≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about THINKING HUTS

What is the EIN of THINKING HUTS?
The employer identification number (EIN) of THINKING HUTS is 47-4029635.
Is THINKING HUTS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to THINKING HUTS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THINKING HUTS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THINKING HUTS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THINKING HUTS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THINKING HUTS?
The 990 for the year ended December 31, 2024 names Margaret C Grout.
Who are the officers and directors of THINKING HUTS?
The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $30,000 (MARGARET MAGGIE C GROUT, CEO Founder).
How much revenue does THINKING HUTS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $210,796, expenses of $258,088 and total assets of $94,043 at year end.

Other nonprofits in OCALA

All nonprofits in OCALA · Florida · Human services