Civic Intelligence

Common Thread International Inc

990EZ • Fiscal year 2022 • EIN 27-2968080

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 11, 2023

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

2.53x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

94th percentile

0.75x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

19th percentile

-20%

Higher net margin than 19% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

71st percentile

19%

Faster asset growth than 71% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

76%

Faster revenue growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$13,689

Up $2,232 (+19%) from 2021

Net Assets

Down

-$20,964

Down $9,331 (-80%) from 2021

Liabilities

Up

$34,653

Up $11,563 (+50%) from 2021

Revenue

Up

$45,943

Up $19,904 (+76%) from 2021

Expenses

Up

$55,274

Up $14,439 (+35%) from 2021

Net Income

Up

-$9,331

Up $5,465 (+37%) from 2021

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

2022

Assets$13,689
Liabilities$34,653
Net Assets-$20,964

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

2022

Revenue$45,943
Expenses$55,274
Net Income-$9,331
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 11, 2023
Return Version
2022v5.0
Gross Receipts
$61,590
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 2022, 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. COMMON THREAD ALSO HELD HEALTH FAIRS, PROVIDING HEALTH INFORMATION, DIABETES MANAGEMENT CLASSES, AND COVID AND FLU VACCINATIONS WITH THE DEPARTMENT OF HEALTH AND UF SHANDS, AS PART OF ITS HEALTH AND WELLNESS MISSION.$100$55,275
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
2023-04-11
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 advertising and promotion 977 office 1,529 interest 682 insurance 2,282 non-investment depreciation 2,350 total 7,820

Form 990-ez, Part II, Line 24

Equipment and depreciable assets 16,450 16,450 less accumulated depreciation 13,513 15,863 total 2,937 587

Form 990-ez, Part II, Line 26

Payroll taxes payable 345 726 loans from officers 22,745 33,927

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 2022, 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. Common thread also held health fairs, providing health information, diabetes management classes, and covid and flu vaccinations with the department of health and uf shands, as part of its health and wellness mission.

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.

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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/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 977 OFFICE 1,529 INTEREST 682 INSURANCE 2,282 NON-INVESTMENT DEPRECIATION 2,350 TOTAL 7,820
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT AND DEPRECIABLE ASSETS 16,450 16,450 LESS ACCUMULATED DEPRECIATION 13,513 15,863 TOTAL 2,937 587
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL TAXES PAYABLE 345 726 LOANS FROM OFFICERS 22,745 33,927
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE ACCESS TO HEALTHFUL, QUALITY FOOD AND INFORMATION TO OUR COMMUNITY, AND TO RESEARCH FOOD DESERTS AND DEMOGRAPHICS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN 2022, 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. COMMON THREAD ALSO HELD HEALTH FAIRS, PROVIDING HEALTH INFORMATION, DIABETES MANAGEMENT CLASSES, AND COVID AND FLU VACCINATIONS WITH THE DEPARTMENT OF HEALTH AND UF SHANDS, AS PART OF ITS HEALTH AND WELLNESS MISSION.
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/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-14
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ReturnHeader/ReturnTs02023-04-14T14:04:23-04:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits