Civic Intelligence

Red Thread Institute

990EZ • Fiscal year 2023 • EIN 37-1827793

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

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

99th percentile

22.52x

Higher debt load relative to assets than 99% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

95th percentile

0.92x

Higher debt load relative to revenue than 95% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

14th percentile

-34%

Higher net margin than 14% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

89th percentile

$36,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 25.4% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

5th percentile

-81%

Faster asset growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

25th percentile

-20%

Faster revenue growth than 25% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$5,759

Down $23,885 (-81%) from 2022

Net Assets

Down

-$123,947

Down $47,885 (-63%) from 2022

Liabilities

Up

$129,706

Up $24,000 (+23%) from 2022

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin14th percentile

Revenue

Down

$141,682

Down $34,664 (-20%) from 2022

Expenses

Up

$189,567

Up $18,733 (+11%) from 2022

Net Income

Down

-$47,885

Down $53,397 (-969%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth5th 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

2023

Assets$5,759
Liabilities$129,706
Net Assets-$123,947
Open 2023 Filing

Operations Trend

Revenue Growth25th 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

2023

Revenue$141,682
Expenses$189,567
Net Income-$47,885
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$150,999
Mission and Program Overview

Mission

Education

Program Services

DescriptionGrantsExpenses
Medical Qigong education and clinic. Thousands served.$0$140,138
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ishara SweeneyPresident TreasurerFT$25,000$11,000$36,000
Michael SweeneySecretaryFT$25,000$11,000$36,000
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
2024-11-11
Discuss with paid preparer
No

Preparer

Firm
Artisanal Taxes LLC
Address
1007 West College Avenue PMB 2, Santa Rosa, CA 95401
Preparer
Wayne Dziedzic
Phone
7075696462
Supplemental Narrative

Additional Explanations

Part I, line 8

“| Other Revenues:, Amount:| Refund, $75|”

Part I, line 16

“| Other Expenses:, Amount:| Accounting, $5000| Advertising & Marketing, $18247| Bank Fees, $1641| Charitable Contributions, $1100| Continuing Education, $2155| Dues & Subscriptions, $287| Interest, $2809| Insurance, $650| Program Supplies, $620| Merchant Service Fees, $29| Office Supplies, $1236| Software, $2226| Software Subscriptions, $2599| Refund, $2380| Payroll Fees, $615| Payroll Taxes, $3825| Repairs, $2894| Taxes & Licenses, $701| Travel, $835| Internet, $1280| Telephone, $1746| Gas, $77|”

Part II, line 24

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

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Loans, $105706, $129706|”

Raw XML Appendix156 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/BOYAmt027446
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05759
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt030
IRS990EZ/CostOrOtherBasisExpenseSaleAmt09317
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-47885
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06100
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt029644
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05759
IRS990EZ/GainOrLossFromSaleOfAssetsAmt01439
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0150999
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LoansToFromOfficersAmt020215
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-76062
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-123947
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-76062
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-123947
IRS990EZ/OccupancyRentUtltsAndMaintAmt058515
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt060
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt160
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt025000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt125000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt011000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt111000
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/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt052952
IRS990EZ/OtherRevenueTotalAmt075
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Education
IRS990EZ/ProgramServiceRevenueAmt0140138
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Medical Qigong education and clinic. Thousands served.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0140138
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt072000
IRS990EZ/SaleOfAssetsGrossAmt010756
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0105706
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0129706
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0189567
IRS990EZ/TotalProgramServiceExpensesAmt0140138
IRS990EZ/TotalRevenueAmt0141682
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 the organizations website.|
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/OriginalPrincipalAmt010108
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt110108
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:| Refund, $75|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Accounting, $5000| Advertising & Marketing, $18247| Bank Fees, $1641| Charitable Contributions, $1100| Continuing Education, $2155| Dues & Subscriptions, $287| Interest, $2809| Insurance, $650| Program Supplies, $620| Merchant Service Fees, $29| Office Supplies, $1236| Software, $2226| Software Subscriptions, $2599| Refund, $2380| Payroll Fees, $615| Payroll Taxes, $3825| Repairs, $2894| Taxes & Licenses, $701| Travel, $835| Internet, $1280| Telephone, $1746| Gas, $77|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Equipment, $2198, $|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| Loans, $105706, $129706|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 26
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Ishara Sweeney
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-11
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/PreparerFirmGrp/PreparerFirmEIN0475556247
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Artisanal Taxes LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01007 West College Avenue PMB 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Santa Rosa
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095401
ReturnHeader/PreparerPersonGrp/PhoneNum07075696462
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Wayne Dziedzic
ReturnHeader/ReturnTs02024-11-11T16:32:36-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,759
Liabilities
$129,706
Net assets
-$123,947
Revenue
$141,682
Expenses
$189,567
Net income
-$47,885
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