Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Peace of Thread Incorporated
990EZ • Fiscal year 2019 • EIN 46-1695943
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.08x
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
5th percentile
Faster asset growth than 5% of similar nonprofits.
Revenue Growth
12th percentile
Faster revenue growth than 12% of similar nonprofits.
Balance Sheet
Assets
Down$7,817
Down $18,376 (-70%) from 2018
Net Assets
Down$7,176
Down $19,017 (-73%) from 2018
Liabilities
$641
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Down$42,058
Down $32,228 (-43%) from 2018
Expenses
Up$60,072
Up $1,775 (+3.0%) from 2018
Net Income
Down-$18,014
Down $34,003 (-213%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Nov 16, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $123,346
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 | - | $60,072 |
| 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 | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Peace of Thread Inc
- EIN
- 46-1695943
- Phone
- 6787072780
- Address
- 195 AMERBROOK CIRCLE, GRAYSON, GA 30017
Signing Officer
- Name
- Denise Smith
- Title
- President
- Phone
- 6787072780
- Signed
- 2020-11-16
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Attaway Linville Pc
- Address
- 1117 PERIMETER CTR WEST W212, ATLANTA, GA 30338
- Preparer
- L D Attaway
- Phone
- 4046078400
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I
“A total of 125,000 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 2,026 office postage bank 5,491 travel 945 meals & entertainment 1,242 auto expenses 373 charitable contributions 8,291 taxes & licenses 4,940 total 23,308”
Form 990-ez, Part I, Line 20
“Correct bank of amercia credit card -362”
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 Appendix144 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 | 26193 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 7817 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 81288 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -18014 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 26193 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 7817 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 42058 |
| IRS990EZ/GrossReceiptsAmt | 0 | 123346 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 123346 |
| 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 | 25552 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 7176 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 25552 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 7176 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1589 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DENISE SMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -362 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 23308 |
| 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/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 | 60072 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 35175 |
| 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 | 60072 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 60072 |
| IRS990EZ/TotalRevenueAmt | 0 | 42058 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.PEACEOFTHREAD.COM |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 16074 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1547 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 12000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 9735 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 39356 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 123346 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 136064 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 125711 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 107880 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 92544 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 585545 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 624901 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 123346 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 152138 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 127258 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 119880 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 102279 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 624901 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 123346 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 152138 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 127258 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 119880 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 102279 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 624901 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A TOTAL OF 125,000 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 2,026 OFFICE POSTAGE BANK 5,491 TRAVEL 945 MEALS & ENTERTAINMENT 1,242 AUTO EXPENSES 373 CHARITABLE CONTRIBUTIONS 8,291 TAXES & LICENSES 4,940 TOTAL 23,308 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CORRECT BANK OF AMERCIA CREDIT CARD -362 |
| 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 | 2021-04-22 16:20:28Z |
| 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 | 2020-11-16 |
| 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 AMERBROOK 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 | 2020-11-16 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 16:00:17 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 161718231 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ATTAWAY LINVILLE PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1117 PERIMETER CTR WEST W212 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ATLANTA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 30338 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4046078400 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-11-16 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | L D ATTAWAY |
| ReturnHeader/ReturnTs | 0 | 2020-11-16T16:00:17-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $7,817
- Liabilities
- $641
- Net assets
- $7,176
- Revenue
- $42,058
- Expenses
- $60,072
- Net income
- -$18,014