Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
Peace of Thread Incorporated
990EZ • Fiscal year 2016 • EIN 46-1695943
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
65th percentile
Higher debt load relative to revenue than 65% of similar nonprofits.
Net Margin
93rd percentile
Higher net margin than 93% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 23.5% of source-year revenue.
Asset Growth
96th percentile
Faster asset growth than 96% of similar nonprofits.
Revenue Growth
73rd percentile
Faster revenue growth than 73% of similar nonprofits.
Balance Sheet
Assets
Up$39,564
Up $28,022 (+243%) from 2015
Net Assets
Up$38,923
Up $28,022 (+257%) from 2015
Liabilities
Flat$641
Flat from 2015
Revenue And Expenses
Revenue
Up$50,270
Up $8,612 (+21%) from 2015
Expenses
Down$22,248
Down $13,486 (-38%) from 2015
Net Income
Up$28,022
Up $22,098 (+373%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Nov 14, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $119,880
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 | - | $22,248 |
| 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 |
|---|---|---|---|---|---|
| STEPHANIE MARBUT | Director | - | $11,805 | - | $11,805 |
| DENISE SMITH | President | - | $10,970 | - | $10,970 |
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
- 2017-11-14
- 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 lions gate productions (fv 5,000), scalamandre (fv 8,000), pindler and pindler (fv 36,000), century (fv 12,000), and various others (fv 23,000). A total of 84,000 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 1,447 office expenses 2,573 computer software expense 472 internet expense 600 travel 1,551 meals & entertainment 1,760 auto expenses 2,319 bank charges 162 dues & subscriptions 803 gifts 1,529 taxes & licenses 3,090 charitable contributions 230 misc 3,161 total 19,697”
Form 990-ez, Part II, Line 26
“Unsecured notes and loans payable 641 641”
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 Appendix135 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 | 11542 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 39564 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 12000 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 69610 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 28022 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 500 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 11542 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 39564 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 38270 |
| IRS990EZ/GrossReceiptsAmt | 0 | 119880 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 107880 |
| 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 | 10901 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 38923 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 10901 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 38923 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 633 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 10970 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 11805 |
| 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 | 19697 |
| 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 | 1418 |
| 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 | 22248 |
| 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/BOYAmt | 0 | 641 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 641 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 22248 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 22248 |
| IRS990EZ/TotalRevenueAmt | 0 | 50270 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.PEACEOFTHREAD.COM |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 12000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 9735 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 21735 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 107880 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 92544 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 73828 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 274252 |
| 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 | 295987 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 119880 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 102279 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 73828 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 295987 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 119880 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 102279 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 73828 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 295987 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | HIGH END DESIGNER FABRIC WAS DONATED TO THE ORGANIZATION BY LIONS GATE PRODUCTIONS (FV 5,000), SCALAMANDRE (FV 8,000), PINDLER AND PINDLER (FV 36,000), CENTURY (FV 12,000), AND VARIOUS OTHERS (FV 23,000). A TOTAL OF 84,000 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 1,447 OFFICE EXPENSES 2,573 COMPUTER SOFTWARE EXPENSE 472 INTERNET EXPENSE 600 TRAVEL 1,551 MEALS & ENTERTAINMENT 1,760 AUTO EXPENSES 2,319 BANK CHARGES 162 DUES & SUBSCRIPTIONS 803 GIFTS 1,529 TAXES & LICENSES 3,090 CHARITABLE CONTRIBUTIONS 230 MISC 3,161 TOTAL 19,697 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UNSECURED NOTES AND LOANS PAYABLE 641 641 |
| 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 | 2017-11-14 |
| 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/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 76562385DA9EBCBAB26843E37745543AEA3DAD7E |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | B4C02C8387B5E22DB59667DC15A9DDFAE048028C |
| 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 | 2017-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | L D ATTAWAY |
| ReturnHeader/ReturnTs | 0 | 2017-11-14T10:07:00-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $39,564
- Liabilities
- $641
- Net assets
- $38,923
- Revenue
- $50,270
- Expenses
- $22,248
- Net income
- $28,022