Civic Intelligence

Beza Threads Foundation

990EZ • Fiscal year 2023 • EIN 46-0995824

Jul 01, 2022 to Jun 30, 2023 • Filed on May 14, 2024

2643 Beaver Ave Pbm 304Des Moines, IA 50310

(641) 780-6883

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.03x

Higher debt load relative to assets than 73% of similar nonprofits.

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

Liabilities / Revenue

73rd percentile

0.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

18th percentile

-22%

Higher net margin than 18% of similar nonprofits.

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

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.

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

Asset Growth

21st percentile

-24%

Faster asset growth than 21% of similar nonprofits.

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

Revenue Growth

20th percentile

-27%

Faster revenue growth than 20% of similar nonprofits.

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

Assets

Down

$28,494

Down $9,042 (-24%) from 2022

Net Assets

Down

$27,519

Down $9,042 (-25%) from 2022

Liabilities

Flat

$975

Flat from 2022

Revenue

Down

$41,318

Down $15,468 (-27%) from 2022

Expenses

Down

$50,360

Down $7,167 (-12%) from 2022

Net Income

Down

-$9,042

Down $8,301 (-1120%) from 2022

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2013: $70,370Liabilities 2013: $15,3912013Assets 2014: $71,137Liabilities 2014: $5952014Assets 2015: $52,974Liabilities 2015: $1,3202015Assets 2016: $47,334Liabilities 2016: $02016Assets 2017: $34,171Liabilities 2017: $1,5322017Assets 2018: $23,364Liabilities 2018: $9392018Assets 2019: $52,168Liabilities 2019: $4,7842019Assets 2020: $43,756Liabilities 2020: $7,9482020Assets 2022: $37,536Liabilities 2022: $975Net Assets 2022: $36,5612022Assets 2023: $28,494Liabilities 2023: $975Net Assets 2023: $27,5192023Assets 2024: $11,591Liabilities 2024: $0Net Assets 2024: $11,5912024

Highlighted filing

2023

Assets$28,494
Liabilities$975
Net Assets$27,519

Operations Trend

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

$100K$50K$0-$50KRevenue 2013: $65,513Expenses 2013: $10,534Net Income 2013: $54,9792013Revenue 2014: $37,623Expenses 2014: $22,060Net Income 2014: $15,5632014Revenue 2015: $14,521Expenses 2015: $33,409Net Income 2015: -$18,8882015Revenue 2016: $47,778Expenses 2016: $52,098Net Income 2016: -$4,3202016Revenue 2017: $72,703Expenses 2017: $87,398Net Income 2017: -$14,6952017Revenue 2018: $37,990Expenses 2018: $48,204Net Income 2018: -$10,2142018Revenue 2019: $42,500Expenses 2019: $17,541Net Income 2019: $24,9592019Revenue 2020: $17,869Expenses 2020: $29,445Net Income 2020: -$11,5762020Revenue 2022: $56,786Expenses 2022: $57,527Net Income 2022: -$7412022Revenue 2023: $41,318Expenses 2023: $50,360Net Income 2023: -$9,0422023Revenue 2024: $65,357Expenses 2024: $81,285Net Income 2024: -$15,9282024

Highlighted filing

2023

Revenue$41,318
Expenses$50,360
Net Income-$9,042
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$61,810
Mission and Program Overview

Mission

To make a positive impact on the issue of modern day slavery through education and awareness, fundraising, and selling products made by individuals freed from slavery.

Program Services

DescriptionGrantsExpenses
Provided support for rehabilitation of 5 children from slavery in Ethiopia and provided support for preventative programming for 5 children at risk of becoming sex slaves in Ethiopia.$6,000$44,360
Provided sustainable support for 3 former slaves by purchasing handmade scarves and leather products from them.$0$20,492
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Josiah CarterPresident-$0--
Megan CarterSecretary-$0--
Scott OswaldBoard Member-$0--
Allison AbbotBoard Member-$0--
Dennis BullBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Beza Threads Foundation
EIN
46-0995824
Phone
6417806883
Address
2643 BEAVER AVE PBM 304, DES MOINES, IA 50310

Signing Officer

Name
Josiah Carter
Title
President
Phone
6417806883
Signed
2024-05-14
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Support of rehabilitated slaves and prevention programming - $6,000 grant to Hope for Children Ethiopia RDA, PO Box 30759, Addis Ababa, Ethiopia

Form 990-EZ, Part I, Line 16

Description;Amount^Miscellaneous;82^Total;82^

Form 990-EZ, Part II, Line 24

Description;EOY Amount^Inventory;6105^Total;6105^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^Accounts Payable;975^Total;975^

Form 990-EZ, Part V, Line 33

The organization did not receive any funds, directly or indirectly, to pay premiums on a personal benefit contract. The organization did not pay any premiums, directly or indirectly, on a personal benefit contract.

Raw XML Appendix211 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Des Moines
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Josiah Carter
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Megan Carter
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Scott Oswald
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Allison Abbot
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Dennis Bull
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt082
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To make a positive impact on the issue of modern day slavery through education and awareness, fundraising, and selling products made by individuals freed from slavery.
IRS990EZ/PrintingPublicationsPostageAmt06905
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided support for rehabilitation of 5 children from slavery in Ethiopia and provided support for preventative programming for 5 children at risk of becoming sex slaves in Ethiopia.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Provided sustainable support for 3 former slaves by purchasing handmade scarves and leather products from them.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt06000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt044360
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt120492
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0975
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0975
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt035924
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0149308
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86417
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Support of rehabilitated slaves and prevention programming - $6,000 grant to Hope for Children Ethiopia RDA, PO Box 30759, Addis Ababa, Ethiopia
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Miscellaneous;82^Total;82^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^Inventory;6105^Total;6105^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description;EOY Amount^Accounts Payable;975^Total;975^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization did not receive any funds, directly or indirectly, to pay premiums on a personal benefit contract. The organization did not pay any premiums, directly or indirectly, on a personal benefit contract.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part V, Line 33
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/ProfilePasswordChangeInd0X
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Josiah Carter
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06417806883
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEZA THREADS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BEZA
ReturnHeader/Filer/EIN0460995824
ReturnHeader/Filer/PhoneNum06417806883
ReturnHeader/Filer/USAddress/AddressLine1Txt02643 BEAVER AVE PBM 304
ReturnHeader/Filer/USAddress/CityNm0DES MOINES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050310
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-05-13T22:08:01-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Josiah
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Carter
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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