Civic Intelligence

Common Thread International Inc

990EZ • Fiscal year 2018 • EIN 27-2968080

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 16, 2019

PO Box 385Melrose, FL 32666

(352) 475-1168

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.16x

Higher debt load relative to assets than 82% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

83rd percentile

$17,040

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 18.5% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

77th percentile

28%

Faster asset growth than 77% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

13th percentile

-38%

Faster revenue growth than 13% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$48,600

Up $10,581 (+28%) from 2017

Net Assets

Up

$40,635

Up $11,976 (+42%) from 2017

Liabilities

Down

$7,965

Down $1,395 (-15%) from 2017

Revenue

Down

$92,260

Down $57,579 (-38%) from 2017

Expenses

Down

$80,284

Down $60,212 (-43%) from 2017

Net Income

Up

$11,976

Up $2,633 (+28%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50KAssets 2016: $28,782Liabilities 2016: $9,466Net Assets 2016: $19,3162016Assets 2017: $38,019Liabilities 2017: $9,360Net Assets 2017: $28,6592017Assets 2018: $48,600Liabilities 2018: $7,965Net Assets 2018: $40,6352018Assets 2019: $43,547Liabilities 2019: $8,038Net Assets 2019: $35,5092019Assets 2020: $11,014Liabilities 2020: $7,851Net Assets 2020: $3,1632020Assets 2021: $11,457Liabilities 2021: $23,090Net Assets 2021: -$11,6332021Assets 2022: $13,689Liabilities 2022: $34,653Net Assets 2022: -$20,9642022Assets 2023: $13,957Liabilities 2023: $933Net Assets 2023: $13,0242023Assets 2024: $10,515Liabilities 2024: $15,000Net Assets 2024: -$4,4852024Assets 2025: $93,687Liabilities 2025: $90,409Net Assets 2025: $3,2782025

Highlighted filing

2018

Assets$48,600
Liabilities$7,965
Net Assets$40,635

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2016: $120,637Expenses 2016: $112,021Net Income 2016: $8,6162016Revenue 2017: $149,839Expenses 2017: $140,496Net Income 2017: $9,3432017Revenue 2018: $92,260Expenses 2018: $80,284Net Income 2018: $11,9762018Revenue 2019: $35,377Expenses 2019: $40,503Net Income 2019: -$5,1262019Revenue 2020: $6,871Expenses 2020: $39,217Net Income 2020: -$32,3462020Revenue 2021: $26,039Expenses 2021: $40,835Net Income 2021: -$14,7962021Revenue 2022: $45,943Expenses 2022: $55,274Net Income 2022: -$9,3312022Revenue 2023: $145,831Expenses 2023: $111,843Net Income 2023: $33,9882023Revenue 2024: $234,898Expenses 2024: $253,340Net Income 2024: -$18,4422024Revenue 2025: $325,574Expenses 2025: $317,811Net Income 2025: $7,7632025

Highlighted filing

2018

Revenue$92,260
Expenses$80,284
Net Income$11,976
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 16, 2019
Return Version
2018v3.1
Gross Receipts
$112,342
Mission and Program Overview

Mission

To provide access to healthful, quality food and information to our community, and to research food deserts and demographics.

To provide access to healthful food and information, and to research food deserts and demographics.

Program Services

DescriptionGrantsExpenses
--THE ORGANIZATION OPERATED A "FRESH WAGON" TRAILER AS A PORTABLE MARKET FOR FRESH FRUITS AND VEGETABLES. THE MARKET SERVES TO ASSIST LOCAL FARMS BY DIVERSIFYING MARKET SHARE. IT MAKES REGULAR STOPS AT LOW INCOME HOUSING AUTHORITIES, LOCAL HEALTH CENTERS, AND OTHER FOOD DESERTS TO PROVIDE HEALTHFUL FOOD ACCESS, NUTRITIONAL INFORMATION, COOKING DEMONSTRATIONS, VEGETABLE IDENTIFICATION AND HEALTH INFO FOR THOSE AT RISK OF DIABETES. DURING 2018-19 THE WAGON EXPANDED ITS STOPS TO INCLUDE THE GAINESVILLE VETERANS HOSPITAL, THE HEALTH SERVICES COMPLEX AT THE UNIVERSITY OF FLORIDA, AND NATIONWIDE INSURANCE COMPLEX. DURING THE COURSE OF 2018-19, THE MARKET SERVED AN ADDITIONAL 1,229 PEOPLE FOR A TOTAL CUSTOMER COUNT OF 8,676. IN MAY OF 2019, AT THE END OF THE GROWING SEASON, THE FRESH WAGON WAS TAKEN OUT OF SERVICE FOR REPAIRS. THE ORGANIZATION REMAINS ACTIVE IN COMMUNITY FOOD PLANNING AND OTHER FOOD SECURITY ACTIVITIES.--THE ORGANIZATION CONTINUES TO MAINTAIN A "COMMUNITY OF PRACTICE" WEB-SITE AND HAS EXPANDED IT TO SOCIAL MEDIA. THE SITE PROVIDES CONSUMERS A PLACE TO PROVIDE FEEDBACK AND RECEIVE INFORMATION DESIGNED TO OFFSET THE EFFECTS OF FOOD INSECURITY.--THE ORGANIZATION IS CURRENTLY WORKING WITH DATA COLLECTED DURING A RESEARCH PROJECT THAT USED INTERCEPT SURVEYS OF CONSUMER HEALTH/ FOOD SECURITY WITH A FOCUS ON WORKING POOR. --THE ORGANIZATION CONTINUES TO DEVELOP AND PRODUCE A LINE OF VEGETABLE BASED HEALTH BAKED GOODS TO ADD VALUE TO THE LOCAL PRODUCE.$0$80,285
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRUCE WAITEExecutive DirectorFT$17,040-$17,040
ROBERT KELLEY JRSecretary-$0--
ELENA HERRERAVice President-$0--
AMY SITRENTreasurer-$0--
RACHEL BISHOP-COOKOfficer-$0--
MARIA RODRIGUEZPresident-$0--
Filing and Contact Details

Filer

Filer Name
Common Thread International Inc
EIN
27-2968080
Phone
3524751168
Address
PO BOX 385, MELROSE, FL 32666

Signing Officer

Name
Bruce Waite
Title
Executive Director
Phone
3524751168
Signed
2019-08-16
Discuss with paid preparer
Yes

Preparer

Firm
MCDAVID JONES & COMPANY CPA'S
Address
4711 NW 53RD AVENUE, GAINESVILLE, FL 32653-4356
Preparer
William Jones
Phone
3523731080
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 26,540. Returns and allowances: 0. Less cost of goods sold: 20,082. Gross profit: 6,458. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 20,082. Cost of labor: 0. Materials and supplies: 0. Other costs: 0. Inventory at end of year: 0. Cost of goods sold: 20,082.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: consulting income - research food markets and demographics. Amount: 5,000.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising, promotion & marketing. Amount: 46. Description: depreciation. Amount: 2,350. Description: insurance. Amount: 3,424. Description: office. Amount: 2,278. Description: repairs. Amount: 565. Description: supplies. Amount: 1,154. Description: filing fee. Amount: 70. Description: travel & auto. Amount: 1,583. Total to form 990-ez, line 16: 11,470.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 15,246. End of year amount: 0. Description: other depreciable assets. Beg. Of year amount: 12,338. End of year amount: 9,987.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: payroll taxes payable. Beg. Of year amount: 1,209. End of year amount: 0. Description: loan payable. Beg. Of year amount: 7,720. End of year amount: 7,720. Description: unemployment taxes payable. Beg. Of year amount: 431. End of year amount: 245.

Raw XML Appendix180 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 26,540. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 20,082. GROSS PROFIT: 6,458. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 20,082. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 20,082.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: CONSULTING INCOME - RESEARCH FOOD MARKETS AND DEMOGRAPHICS. AMOUNT: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ADVERTISING, PROMOTION & MARKETING. AMOUNT: 46. DESCRIPTION: DEPRECIATION. AMOUNT: 2,350. DESCRIPTION: INSURANCE. AMOUNT: 3,424. DESCRIPTION: OFFICE. AMOUNT: 2,278. DESCRIPTION: REPAIRS. AMOUNT: 565. DESCRIPTION: SUPPLIES. AMOUNT: 1,154. DESCRIPTION: FILING FEE. AMOUNT: 70. DESCRIPTION: TRAVEL & AUTO. AMOUNT: 1,583. TOTAL TO FORM 990-EZ, LINE 16: 11,470.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 15,246. END OF YEAR AMOUNT: 0. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 12,338. END OF YEAR AMOUNT: 9,987.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: PAYROLL TAXES PAYABLE. BEG. OF YEAR AMOUNT: 1,209. END OF YEAR AMOUNT: 0. DESCRIPTION: LOAN PAYABLE. BEG. OF YEAR AMOUNT: 7,720. END OF YEAR AMOUNT: 7,720. DESCRIPTION: UNEMPLOYMENT TAXES PAYABLE. BEG. OF YEAR AMOUNT: 431. END OF YEAR AMOUNT: 245.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BusinessOfficerGrp/PersonNm0BRUCE WAITE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03524751168
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMMON THREAD INTERNATIONAL INC
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ReturnHeader/Filer/EIN0272968080
ReturnHeader/Filer/PhoneNum03524751168
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ReturnHeader/FilingSecurityInformation/IPTm009:52:53
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0465361959
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04711 NW 53RD AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GAINESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0326534356
ReturnHeader/PreparerPersonGrp/PhoneNum03523731080
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM JONES
ReturnHeader/ReturnTs02019-08-27T15:24:26-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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