Civic Intelligence

Red Thread Institute

990EZ • Fiscal year 2022 • EIN 37-1827793

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 30, 2023

Organization Profile
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

3.57x

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

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

Liabilities / Revenue

93rd percentile

0.60x

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

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

Net Margin

47th percentile

3.1%

Higher net margin than 47% of similar nonprofits.

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

Top Officer Pay

90th percentile

$41,000

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 23.2% of source-year revenue.

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

Asset Growth

12th percentile

-41%

Faster asset growth than 12% of similar nonprofits.

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

Revenue Growth

50th percentile

9.1%

Faster revenue growth than 50% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$29,644

Down $20,486 (-41%) from 2021

Net Assets

Up

-$76,062

Up $9,015 (+11%) from 2021

Liabilities

Down

$105,706

Down $29,501 (-22%) from 2021

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin47th percentile

Revenue

Up

$176,346

Up $14,765 (+9.1%) from 2021

Expenses

Up

$170,834

Up $31,556 (+23%) from 2021

Net Income

Down

$5,512

Down $16,791 (-75%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

2022

Assets$29,644
Liabilities$105,706
Net Assets-$76,062
Open 2022 Filing

Operations Trend

Revenue Growth50th percentile

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

2022

Revenue$176,346
Expenses$170,834
Net Income$5,512
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 30, 2023
Return Version
2022v5.0
Gross Receipts
$186,608
Mission and Program Overview

Mission

Education

Program Services

DescriptionGrantsExpenses
Medical Qigong education and clinic. Hundreds served.$0$183,474
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ishara SweeneyPresident TreasurerFT$25,000$16,000$41,000
Michael SweeneySecretaryFT$25,000$16,000$41,000
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
2023-10-30
Discuss with paid preparer
No

Preparer

Preparer
Wayne Dziedzic
Phone
7075696462
Supplemental Narrative

Additional Explanations

Part I, line 8

“| Other Revenues:, Amount:| Refunds, $1313| Travel Meals, $716|”

Part I, line 16

“| Other Expenses:, Amount:| Advertising & Marketing, $6409| Bank Fees, $2498| Books & Publications, $783| Continuing Education, $894| Dues & Subscriptions, $470| Liability Insurance, $650| Meals & Entertainment, $245| Office Supplies, $3768| Software, $119| Software Services, $3076| Payroll Processing Fees, $561| Payroll Taxes, $3825| Repairs & Maintenance, $2967| Taxes & Licenses, $1079| Travel, $1301| Mileage Reimbursement, $32000|”

Part I, line 20

“| Explanation:, Amount:| Internet, $1276| Telephone, $2227|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Equipment, $2198, $2198|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Loans, $135207, $105706|”

Raw XML Appendix155 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Ishara Sweeney
IRS990EZ/BooksInCareOfDetail/PhoneNum07075694800
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 9145
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Santa Rosa
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd095405
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt047932
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt027446
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01093
IRS990EZ/CostOfGoodsSoldAmt010262
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05512
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04732
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt050130
IRS990EZ/Form990TotalAssetsGrp/EOYAmt029644
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt0-10262
IRS990EZ/GrossReceiptsAmt0186608
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt012
IRS990EZ/LoansToFromOfficersAmt020215
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-85077
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-76062
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-85077
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-76062
IRS990EZ/OccupancyRentUtltsAndMaintAmt054404
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt060
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt160
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt025000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt125000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt016000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt116000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Ishara Sweeney
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Michael Sweeney
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02198
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02198
IRS990EZ/OtherChangesInNetAssetsAmt03503
IRS990EZ/OtherExpensesTotalAmt060645
IRS990EZ/OtherRevenueTotalAmt02029
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Education
IRS990EZ/PrintingPublicationsPostageAmt01053
IRS990EZ/ProgramServiceRevenueAmt0183474
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Medical Qigong education and clinic. Hundreds served.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0183474
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt050000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0135207
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0105706
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0170834
IRS990EZ/TotalProgramServiceExpensesAmt0183474
IRS990EZ/TotalRevenueAmt0176346
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0| PartandLinenumber:,Explanation:| Part1Line3,Such policy is set forth on its webpage.|
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt010108
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt110108
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Advance
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Advance
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt020000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt120000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Ishara Sweeney
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Michael Sweeney
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Teacher
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Teacher
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/TotalBalanceDueAmt020216
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Revenues:, Amount:| Refunds, $1313| Travel Meals, $716|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Advertising & Marketing, $6409| Bank Fees, $2498| Books & Publications, $783| Continuing Education, $894| Dues & Subscriptions, $470| Liability Insurance, $650| Meals & Entertainment, $245| Office Supplies, $3768| Software, $119| Software Services, $3076| Payroll Processing Fees, $561| Payroll Taxes, $3825| Repairs & Maintenance, $2967| Taxes & Licenses, $1079| Travel, $1301| Mileage Reimbursement, $32000|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, Amount:| Internet, $1276| Telephone, $2227|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| Equipment, $2198, $2198|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4| Explanation:, BOYAmount:, EOYAmount:| Loans, $135207, $105706|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part II, line 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Ishara Sweeney
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-30
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/PreparationDt02023-10-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Wayne Dziedzic
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-10-30T09:42:19-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,644
Liabilities
$105,706
Net assets
-$76,062
Revenue
$176,346
Expenses
$170,834
Net income
$5,512
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.04$1.15$1.11$1.64$1.53$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.06$1.30$1.24$1.42$1.90$0.48
2022Detailed filing. Detailed filing data is available for this year.$0.30$1.06$0.76$1.76$1.71$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.50$1.35$0.85$1.62$1.39$0.22
2020Summary only. Only limited summary data is available for this year.$0.52$1.59$0.88$1.37$0.49
2019Summary only. Only limited summary data is available for this year.$0.12$0.70$0.93$1.20$0.27
2018Summary only. Only limited summary data is available for this year.$0.44$0.76$0.65$1.09$0.44
2017Summary only. Only limited summary data is available for this year.$0.57$0.00$1.43$1.26$0.17
2016Summary only. Only limited summary data is available for this year.$0.41$0.00$0.82$0.41$0.41