Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Peace of Thread Incorporated
990EZ • Fiscal year 2015 • EIN 46-1695943
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.06x
Liabilities / Revenue
66th percentile
Higher debt load relative to revenue than 66% of similar nonprofits.
Net Margin
70th percentile
Higher net margin than 70% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 23.2% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Balance Sheet
Assets
Up$11,542
Up $6,565 (+132%) from 2014
Net Assets
Up$10,901
Up $5,924 (+119%) from 2014
Liabilities
Up$641
Up $641 from 2014
Revenue And Expenses
Revenue
Up$41,658
Up $22,433 (+117%) from 2014
Expenses
Up$35,734
Up $19,718 (+123%) from 2014
Net Income
Up$5,924
Up $2,715 (+85%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Oct 24, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $102,279
Mission and Program Overview
Mission
To employ unemployable women in vulnerable populations, providing them with income, practice using english, and job skills
Program Services
| Description | Grants | Expenses |
|---|---|---|
| MAKING HIGH QUALITY BAGS TO EMPLOY UNEMPLOYABLE WOMEN IN VULNERABLE POPULATIONS, PROVIDING THEM WITH INCOME, PRACTICE USING ENGLISH, AND JOB SKILLS | - | $35,734 |
| MAKING HIGH QUALITY BAGS TO EMPLOY UNEMPLOYABLE WOMEN IN VULNERABLE POPULATIONS, PROVIDING THEM WITH INCOME, PRACTICE USING ENGLISH, AND JOB SKILLS | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DENISE SMITH | President | FT | $9,680 | - | $9,680 |
| STEPHANIE MARBUT | Director | PT | $7,284 | - | $7,284 |
Filing and Contact Details
Filer
- Filer Name
- Peace of Thread Inc
- EIN
- 46-1695943
- Phone
- 6787072780
- Address
- 195 AMBERBROOK CIRCLE, GRAYSON, GA 30017
Signing Officer
- Name
- Denise Smith
- Title
- President
- Phone
- 6787072780
- Signed
- 2016-10-24
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Attaway Linville Pc
- Address
- 1708 PEACHTREE STREET NW 200, ATLANTA, GA 30309-2416
- Preparer
- L D Attaway
- Phone
- 4046078400
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I
“High end designer fabric was donated to the organization by scalamandre (fv 6,400), duralee (fv 10,000), pindler and pindler (fv22,000), century (fv 6,000), edelman (fv2,000), jim thompson (fv 3,000) and kravet (fv 18,000). A total of 67,800 in high end deisgner fabrics and textiles were graciously donated to the organization to be used to create the one of a kind bags.”
Form 990-ez, Part I, Line 16
“Expenses advertising 320 office expenses 2,013 travel 2,148 meals & entertainment 1,311 insurance 39 auto expenses 2,052 bank charges 2,676 dues & subscriptions 120 gifts 141 taxes & licenses 2,694 charitable contributions 302 misc 150 total 13,966”
Form 990-ez, Part II, Line 26
“Unsecured notes and loans payable 0 641”
Form 990-ez, Part III
“To employ unemployable women in vulnerable populations, providing them with income, practice using english, and job skills”
Form 990-ez, Part III, Line 31
“Making high quality bags to employ unemployable women in vulnerable populations, providing them with income, practice using english, and job skills”
Raw XML Appendix128 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | DENISE SMITH |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6787072780 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 195 AMBERBROOK CIRCLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | GRAYSON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30017 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 4977 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 11542 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 9735 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 60621 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 5924 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 16965 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 4977 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 11542 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 31923 |
| IRS990EZ/GrossReceiptsAmt | 0 | 102279 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 92544 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 4977 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 10901 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 4977 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 10901 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 2798 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 9680 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 7284 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DENISE SMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | STEPHANIE MARBUT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 13966 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO EMPLOY UNEMPLOYABLE WOMEN IN VULNERABLE POPULATIONS, PROVIDING THEM WITH INCOME, PRACTICE USING ENGLISH, AND JOB SKILLS |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 2005 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | MAKING HIGH QUALITY BAGS TO EMPLOY UNEMPLOYABLE WOMEN IN VULNERABLE POPULATIONS, PROVIDING THEM WITH INCOME, PRACTICE USING ENGLISH, AND JOB SKILLS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | MAKING HIGH QUALITY BAGS TO EMPLOY UNEMPLOYABLE WOMEN IN VULNERABLE POPULATIONS, PROVIDING THEM WITH INCOME, PRACTICE USING ENGLISH, AND JOB SKILLS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 35734 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | GA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 641 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 35734 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 35734 |
| IRS990EZ/TotalRevenueAmt | 0 | 41658 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.PEACEOFTHREAD.COM |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 9735 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 9735 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 92544 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 73828 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 166372 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 176107 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 102279 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 73828 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 176107 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 102279 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 73828 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 176107 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | HIGH END DESIGNER FABRIC WAS DONATED TO THE ORGANIZATION BY SCALAMANDRE (FV 6,400), DURALEE (FV 10,000), PINDLER AND PINDLER (FV22,000), CENTURY (FV 6,000), EDELMAN (FV2,000), JIM THOMPSON (FV 3,000) AND KRAVET (FV 18,000). A TOTAL OF 67,800 IN HIGH END DEISGNER FABRICS AND TEXTILES WERE GRACIOUSLY DONATED TO THE ORGANIZATION TO BE USED TO CREATE THE ONE OF A KIND BAGS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING 320 OFFICE EXPENSES 2,013 TRAVEL 2,148 MEALS & ENTERTAINMENT 1,311 INSURANCE 39 AUTO EXPENSES 2,052 BANK CHARGES 2,676 DUES & SUBSCRIPTIONS 120 GIFTS 141 TAXES & LICENSES 2,694 CHARITABLE CONTRIBUTIONS 302 MISC 150 TOTAL 13,966 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UNSECURED NOTES AND LOANS PAYABLE 0 641 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO EMPLOY UNEMPLOYABLE WOMEN IN VULNERABLE POPULATIONS, PROVIDING THEM WITH INCOME, PRACTICE USING ENGLISH, AND JOB SKILLS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | MAKING HIGH QUALITY BAGS TO EMPLOY UNEMPLOYABLE WOMEN IN VULNERABLE POPULATIONS, PROVIDING THEM WITH INCOME, PRACTICE USING ENGLISH, AND JOB SKILLS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DENISE SMITH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6787072780 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-10-24 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PEACE OF THREAD INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PEAC |
| ReturnHeader/Filer/EIN | 0 | 461695943 |
| ReturnHeader/Filer/PhoneNum | 0 | 6787072780 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 195 AMBERBROOK CIRCLE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GRAYSON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 30017 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 161718231 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ATTAWAY LINVILLE PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1708 PEACHTREE STREET NW 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ATLANTA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 303092416 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4046078400 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | L D ATTAWAY |
| ReturnHeader/ReturnTs | 0 | 2016-11-15T10:07:01-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $11,542
- Liabilities
- $641
- Net assets
- $10,901
- Revenue
- $41,658
- Expenses
- $35,734
- Net income
- $5,924