Civic Intelligence

Common Thread International Inc

990EZ • Fiscal year 2021 • EIN 27-2968080

Jan 01, 2021 to Dec 31, 2021 • Filed on May 20, 2022

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

97th percentile

2.02x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

94th percentile

0.89x

Higher debt load relative to revenue than 94% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

11th percentile

-57%

Higher net margin than 11% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

48th percentile

4.0%

Faster asset growth than 48% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

94th percentile

279%

Faster revenue growth than 94% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$11,457

Up $443 (+4.0%) from 2020

Net Assets

Down

-$11,633

Down $14,796 (-468%) from 2020

Liabilities

Up

$23,090

Up $15,239 (+194%) from 2020

Revenue

Up

$26,039

Up $19,168 (+279%) from 2020

Expenses

Up

$40,835

Up $1,618 (+4.1%) from 2020

Net Income

Up

-$14,796

Up $17,550 (+54%) from 2020

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

2021

Assets$11,457
Liabilities$23,090
Net Assets-$11,633

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

2021

Revenue$26,039
Expenses$40,835
Net Income-$14,796
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 20, 2022
Return Version
2021v4.0
Gross Receipts
$30,105
Mission and Program Overview

Mission

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

Program Services

DescriptionGrantsExpenses
IN 2021, COMMON THREAD PROVIDED SERVICES THROUGH THE MELROSE CENTER, A SENIOR COMMUNITY CENTER VENUE SERVING THE SURROUNDING AREAS OF MELROSE, FLORIDA, PROVIDING DAY-TIME FOOD THROUGH BREAKFAST, LUNCH, AND SOMETIMES EVENING MEALS AND ENTERTAINMENT INCLUDING A MUSIC VENUE, A MEETING SPACE, CARD PLAYING AREA, AND GALLERY AREA FOR DISPLAYING ART WORK.-$40,835
THE ORGANIZATION CONTINUES TO MAINTAIN A "COMMUNITY OF PRACTICE" WEBSITE AND HAS EXPANDED IT TO SOCIAL MEDIA ON FACEBOOK UNDER "THE MELROSE CENTER." THE SITE PROVIDES CONSUMERS A PLACE TO PROVIDE FEEDBACK AND RECEIVE INFORMATION DESIGNED TO OFFSET THE EFFECTS OF FOOD INSECURITY.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT KELLEY JRSecretary-$0--
ELENA HERRERAVice Preside-$0--
AMY SITRENTreasurer-$0--
MARIA RODRIGUEZPresident-$0--
BRUCE WAITEExecutive DiFT$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
2022-05-20
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office 1,947 interest 25 insurance 11,935 non-investment depreciation 2,350 total 16,257

Form 990-ez, Part II, Line 24

Equipment and depreciable assets 16,450 16,450 less accumulated depreciation 11,163 13,513 total 5,287 2,937

Form 990-ez, Part II, Line 26

Payroll taxes payable 131 345 loans from officers 7,720 22,745

Form 990-ez, Part III

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

Form 990-ez, Part III, Line 28

In 2021, common thread provided services through the melrose center, a senior community center venue serving the surrounding areas of melrose, florida, providing day-time food through breakfast, lunch, and sometimes evening meals and entertainment including a music venue, a meeting space, card playing area, and gallery area for displaying art work.

Form 990-ez, Part III, Line 29

The organization continues to maintain a "community of practice" website and has expanded it to social media on facebook under "the melrose center." the site provides consumers a place to provide feedback and receive information designed to offset the effects of food insecurity.

Raw XML Appendix160 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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IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 1,947 INTEREST 25 INSURANCE 11,935 NON-INVESTMENT DEPRECIATION 2,350 TOTAL 16,257
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT AND DEPRECIABLE ASSETS 16,450 16,450 LESS ACCUMULATED DEPRECIATION 11,163 13,513 TOTAL 5,287 2,937
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL TAXES PAYABLE 131 345 LOANS FROM OFFICERS 7,720 22,745
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE ACCESS TO HEALTHFUL, QUALITY FOOD AND INFORMATION TO OUR COMMUNITY, AND TO RESEARCH FOOD DESERTS AND DEMOGRAPHICS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN 2021, COMMON THREAD PROVIDED SERVICES THROUGH THE MELROSE CENTER, A SENIOR COMMUNITY CENTER VENUE SERVING THE SURROUNDING AREAS OF MELROSE, FLORIDA, PROVIDING DAY-TIME FOOD THROUGH BREAKFAST, LUNCH, AND SOMETIMES EVENING MEALS AND ENTERTAINMENT INCLUDING A MUSIC VENUE, A MEETING SPACE, CARD PLAYING AREA, AND GALLERY AREA FOR DISPLAYING ART WORK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION CONTINUES TO MAINTAIN A "COMMUNITY OF PRACTICE" WEBSITE AND HAS EXPANDED IT TO SOCIAL MEDIA ON FACEBOOK UNDER "THE MELROSE CENTER." THE SITE PROVIDES CONSUMERS A PLACE TO PROVIDE FEEDBACK AND RECEIVE INFORMATION DESIGNED TO OFFSET THE EFFECTS OF FOOD INSECURITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0BRUCE WAITE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03524751168
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMMON THREAD INTERNATIONAL INC
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0272968080
ReturnHeader/Filer/PhoneNum03524751168
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 385
ReturnHeader/Filer/USAddress/CityNm0MELROSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0465361959
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04711 NW 53RD AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GAINESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0326534356
ReturnHeader/PreparerPersonGrp/PhoneNum03523731080
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM JONES
ReturnHeader/ReturnTs02022-06-07T10:47:19-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRUCE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WAITE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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