Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Peace of Thread Incorporated
990EZ • Fiscal year 2017 • EIN 46-1695943
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.06x
Liabilities / Revenue
65th percentile
Higher debt load relative to revenue than 65% of similar nonprofits.
Net Margin
30th percentile
Higher net margin than 30% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 33.6% of source-year revenue.
Asset Growth
5th percentile
Faster asset growth than 5% of similar nonprofits.
Revenue Growth
61st percentile
Faster revenue growth than 61% of similar nonprofits.
Balance Sheet
Assets
Down$10,204
Down $29,360 (-74%) from 2016
Net Assets
Down$9,563
Down $29,360 (-75%) from 2016
Liabilities
Flat$641
Flat from 2016
Revenue And Expenses
Revenue
Up$54,544
Up $4,274 (+8.5%) from 2016
Expenses
Up$57,314
Up $35,066 (+158%) from 2016
Net Income
Down-$2,770
Down $30,792 (-110%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Nov 15, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $127,258
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 | - | $57,314 |
| 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 | $18,349 | - | $18,349 |
| STEPHANIE MARBUT | Director | PT | $17,349 | - | $17,349 |
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
- 2018-11-15
- 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
“A total of 112,000 in high end designer 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 3,284 office expenses 2,627 computer software expense 472 internet expense 119 travel 2,136 meals & entertainment 2,679 auto expenses 1,298 bank charges 831 gifts 389 taxes & licenses 4,569 charitable contributions 583 miscellaneous 1,384 square expense 300 total 20,671”
Form 990-ez, Part I, Line 20
“Ppa 2016 dir fees not rptd pt 1, ln 12 & cash corr -26,590”
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 Appendix147 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 | 39564 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 10204 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 1547 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 72714 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -2770 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 39564 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 10204 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 52997 |
| IRS990EZ/GrossReceiptsAmt | 0 | 127258 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 125711 |
| 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 | 38923 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 9563 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 38923 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 9563 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 98 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 18349 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 17349 |
| 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/OtherChangesInNetAssetsAmt | 0 | -26590 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 20671 |
| 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 | 847 |
| 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 | 57314 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 35698 |
| 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 | 57314 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 57314 |
| IRS990EZ/TotalRevenueAmt | 0 | 54544 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.PEACEOFTHREAD.COM |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 1547 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 12000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 9735 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 23282 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 125711 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 107880 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 92544 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 73828 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 399963 |
| 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 | 423245 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 127258 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 119880 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102279 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 73828 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 423245 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 127258 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 119880 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 102279 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 73828 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 423245 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A TOTAL OF 112,000 IN HIGH END DESIGNER 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 3,284 OFFICE EXPENSES 2,627 COMPUTER SOFTWARE EXPENSE 472 INTERNET EXPENSE 119 TRAVEL 2,136 MEALS & ENTERTAINMENT 2,679 AUTO EXPENSES 1,298 BANK CHARGES 831 GIFTS 389 TAXES & LICENSES 4,569 CHARITABLE CONTRIBUTIONS 583 MISCELLANEOUS 1,384 SQUARE EXPENSE 300 TOTAL 20,671 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PPA 2016 DIR FEES NOT RPTD PT 1, LN 12 & CASH CORR -26,590 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | UNSECURED NOTES AND LOANS PAYABLE 641 641 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TO EMPLOY UNEMPLOYABLE WOMEN IN VULNERABLE POPULATIONS, PROVIDING THEM WITH INCOME, PRACTICE USING ENGLISH, AND JOB SKILLS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | 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 I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| 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 | 2018-11-15 |
| 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 | B4C02C8387B5E22DB59667DC15A9DDFAE048028C |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | B4C02C8387B5E22DB59667DC15A9DDFAE048028C |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 67.220.126.236 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-11-15 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 16:34:51 |
| 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 | 2018-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | L D ATTAWAY |
| ReturnHeader/ReturnTs | 0 | 2018-11-15T17:34:51-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $10,204
- Liabilities
- $641
- Net assets
- $9,563
- Revenue
- $54,544
- Expenses
- $57,314
- Net income
- -$2,770