Civic Intelligence

Red Thread Institute

990EZ • Fiscal year 2021 • EIN 37-1827793

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 07, 2022

2714 Midway DriveSanta Rosa, CA 95405

(707) 569-4800

Siviq Scores

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

Liabilities / Assets

98th percentile

2.70x

Higher debt load relative to assets than 98% of similar nonprofits.

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

Liabilities / Revenue

93rd percentile

0.84x

Higher debt load relative to revenue than 93% of similar nonprofits.

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

Net Margin

57th percentile

14%

Higher net margin than 57% of similar nonprofits.

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

Top Officer Pay

88th percentile

$31,083

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 19.2% of source-year revenue.

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

Asset Growth

34th percentile

-3.3%

Faster asset growth than 34% of similar nonprofits.

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

Revenue Growth

83rd percentile

83%

Faster revenue growth than 83% of similar nonprofits.

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

Assets

Down

$50,130

Down $1,729 (-3.3%) from 2020

Net Assets

-$85,077

No earlier filing loaded for comparison.

Liabilities

Down

$135,207

Down $24,032 (-15%) from 2020

Revenue

Up

$161,581

Up $73,237 (+83%) from 2020

Expenses

Up

$139,278

Up $2,052 (+1.5%) from 2020

Net Income

Up

$22,303

Up $71,185 (+146%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100K-$200KAssets 2016: $40,806Liabilities 2016: $02016Assets 2017: $57,494Liabilities 2017: $02017Assets 2018: $44,411Liabilities 2018: $75,8822018Assets 2019: $11,855Liabilities 2019: $70,3532019Assets 2020: $51,859Liabilities 2020: $159,2392020Assets 2021: $50,130Liabilities 2021: $135,207Net Assets 2021: -$85,0772021Assets 2022: $29,644Liabilities 2022: $105,706Net Assets 2022: -$76,0622022Assets 2023: $5,759Liabilities 2023: $129,706Net Assets 2023: -$123,9472023Assets 2024: $3,592Liabilities 2024: $114,671Net Assets 2024: -$111,0792024

Highlighted filing

2021

Assets$50,130
Liabilities$135,207
Net Assets-$85,077

Operations Trend

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

$200K$100K$0-$100KRevenue 2016: $81,531Expenses 2016: $40,725Net Income 2016: $40,8062016Revenue 2017: $142,556Expenses 2017: $125,868Net Income 2017: $16,6882017Revenue 2018: $64,790Expenses 2018: $108,755Net Income 2018: -$43,9652018Revenue 2019: $93,296Expenses 2019: $120,323Net Income 2019: -$27,0272019Revenue 2020: $88,344Expenses 2020: $137,226Net Income 2020: -$48,8822020Revenue 2021: $161,581Expenses 2021: $139,278Net Income 2021: $22,3032021Revenue 2022: $176,346Expenses 2022: $170,834Net Income 2022: $5,5122022Revenue 2023: $141,682Expenses 2023: $189,567Net Income 2023: -$47,8852023Revenue 2024: $163,952Expenses 2024: $153,282Net Income 2024: $10,6702024

Highlighted filing

2021

Revenue$161,581
Expenses$139,278
Net Income$22,303
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 7, 2022
Return Version
2021v4.0
Gross Receipts
$161,581
Mission and Program Overview

Mission

Education

Program Services

DescriptionGrantsExpenses
MedicalQigongeducationandclinic.Hundredserved.$0$138,123
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ishara SweeneyPresident Treasurer DirectorFT$27,083$4,000$31,083
Michael SweeneySecretary DirectorFT$25,833$4,000$29,833
Filing and Contact Details

Filer

Filer Name
Red Thread Institute
EIN
37-1827793
In Care Of
% Ishara Sweeney
Address
2714 Midway Drive, Santa Rosa, CA 95405

Signing Officer

Name
Ishara Sweeney
Title
President
Signed
2022-11-07
Discuss with paid preparer
Yes

Preparer

Preparer
Wayne Dziedzic
Phone
7075696462
Supplemental Narrative

Additional Explanations

Part I, line 10

| Grants And Similar Amounts Paid:, Amount:| Grants, $1036|

Part I, line 16

| Other Expenses:, Amount:| Advertising, $5710| Bank Fees, $526| Continuing Education, $54| Dues & Subscriptions, $444| Insurance, $1368| Interest & Finance Charges, $2484| Meal & Entertainment, $475| Office Supplies, $6102| Payroll Processing Fees, $565| Payroll Taxes, $4048| Repairs, $1934| Software, $2208| Taxes & Licenses, $1029| Telephone, $1607| Travel, $289| Depreciation, $563|

Part II, line 24

| Explanation:, BOYAmount:, EOYAmount:| Equipment, $505, $2198|

Part II, line 26

| Explanation:, BOYAmount:, EOYAmount:| Loans, $159239, $135207|

Raw XML Appendix149 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Santa Rosa
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0816232302
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt01036
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0505
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02198
IRS990EZ/OtherExpensesTotalAmt029406
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt060916
IRS990EZ/SaleOfAssetsGrossAmt05734
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IRS990EZ/TotalRevenueAmt0161581
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
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IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
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IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The said nondiscriminatory policy is published on its website.
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Advance
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt020000
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Michael Sweeney
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Teacher
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/TotalBalanceDueAmt040000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Grants And Similar Amounts Paid:, Amount:| Grants, $1036|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Advertising, $5710| Bank Fees, $526| Continuing Education, $54| Dues & Subscriptions, $444| Insurance, $1368| Interest & Finance Charges, $2484| Meal & Entertainment, $475| Office Supplies, $6102| Payroll Processing Fees, $565| Payroll Taxes, $4048| Repairs, $1934| Software, $2208| Taxes & Licenses, $1029| Telephone, $1607| Travel, $289| Depreciation, $563|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Equipment, $505, $2198|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| Loans, $159239, $135207|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Ishara Sweeney
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RED THREAD INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0REDT
ReturnHeader/Filer/EIN0371827793
ReturnHeader/Filer/ForeignPhoneNum08887784223
ReturnHeader/Filer/InCareOfNm0% Ishara Sweeney
ReturnHeader/Filer/USAddress/AddressLine1Txt02714 Midway Drive
ReturnHeader/Filer/USAddress/CityNm0Santa Rosa
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095405
ReturnHeader/PreparerPersonGrp/PhoneNum07075696462
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Wayne Dziedzic
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-07T09:30:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings