Civic Intelligence

Living Threads

990 • Fiscal year 2024 • EIN 46-1944634

Jan 01, 2024 to Dec 31, 2024 • Filed on May 19, 2025

100 Pine St Suite 145Zeeland, MI 49464

(616) 748-6505

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

46th percentile

1.4%

Higher net margin than 46% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

96th percentile

$71,150

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 21.5% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

51st percentile

1.3%

Faster asset growth than 51% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

-7.7%

Faster revenue growth than 37% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$342,847

Up $4,460 (+1.3%) from 2023

Net Assets

Up

$342,562

Up $4,508 (+1.3%) from 2023

Liabilities

Down

$285

Down $48 (-14%) from 2023

Revenue

Down

$330,597

Down $27,642 (-7.7%) from 2023

Expenses

Up

$326,089

Up $13,872 (+4.4%) from 2023

Net Income

Down

$4,508

Down $41,514 (-90%) from 2023

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2013: $84,807Net Assets 2013: $84,8072013Assets 2014: $113,889Net Assets 2014: $113,8892014Assets 2015: $132,812Liabilities 2015: $50Net Assets 2015: $132,7622015Assets 2016: $142,953Liabilities 2016: $241Net Assets 2016: $142,7122016Assets 2017: $161,133Liabilities 2017: $148Net Assets 2017: $160,9852017Assets 2018: $162,421Liabilities 2018: $145Net Assets 2018: $162,2762018Assets 2019: $186,900Liabilities 2019: $1,127Net Assets 2019: $185,7732019Assets 2020: $187,431Liabilities 2020: $24,420Net Assets 2020: $163,0112020Assets 2021: $248,601Liabilities 2021: $288Net Assets 2021: $248,3132021Assets 2022: $292,333Liabilities 2022: $301Net Assets 2022: $292,0322022Assets 2023: $338,387Liabilities 2023: $333Net Assets 2023: $338,0542023Assets 2024: $342,847Liabilities 2024: $285Net Assets 2024: $342,5622024

Highlighted filing

2024

Assets$342,847
Liabilities$285
Net Assets$342,562

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2013: $110,580Expenses 2013: $49,843Net Income 2013: $60,7372013Revenue 2014: $98,423Expenses 2014: $69,334Net Income 2014: $29,0892014Revenue 2015: $114,217Expenses 2015: $95,342Net Income 2015: $18,8752015Revenue 2016: $155,550Expenses 2016: $145,600Net Income 2016: $9,9502016Revenue 2017: $156,682Expenses 2017: $138,411Net Income 2017: $18,2712017Revenue 2018: $217,744Expenses 2018: $216,453Net Income 2018: $1,2912018Revenue 2019: $244,160Expenses 2019: $220,663Net Income 2019: $23,4972019Revenue 2020: $207,200Expenses 2020: $229,962Net Income 2020: -$22,7622020Revenue 2021: $342,630Expenses 2021: $257,328Net Income 2021: $85,3022021Revenue 2022: $319,225Expenses 2022: $275,506Net Income 2022: $43,7192022Revenue 2023: $358,239Expenses 2023: $312,217Net Income 2023: $46,0222023Revenue 2024: $330,597Expenses 2024: $326,089Net Income 2024: $4,5082024

Highlighted filing

2024

Revenue$330,597
Expenses$326,089
Net Income$4,508
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 19, 2025
Return Version
2024v5.0
Gross Receipts
$344,090
Mission and Program Overview

Mission

To share the love of jesus by providing purposeful community for volunteers and to meet the spiritual and physical needs of impoverished children.

To provide memory quilts for grieving families, purposeful community for volunteers, and meet the spiritual and physical needs of impoverished children around the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$319,297$326,516▲ $7,219
Land, Buildings, and Equipment, Net$16,155$12,288▼ $3,867
Accounts Receivable$2,935$4,043▲ $1,108
Total Assets$338,387$342,847▲ $4,460
Liabilities
Accounts Payable and Accrued Expenses$333$285▼ $48
Total Liabilities$333$285▼ $48
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$338,054$342,562▲ $4,508
Total Net Assets Fund Balance$338,054$342,562▲ $4,508
Total Liabilities and Net Assets / Fund Balance$338,387$342,847▲ $4,460

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,288$56,656$68,944
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jill DannenbergPresidentFT$71,150$71,150

Board Members and Trustees

NameTitle
Jodi DerooChair
Claire RotmanDirector
Dave WrightDirector
Don VandenbrinkDirector
Mark IsmondDirector
Anne MiedemaSecretary
Charles VanderveldeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$130,871
Program Service Revenue
$124,587
Investment Income
$9,415
Other Revenue
$65,724
All Other Contributions
$130,871
Change in Net Assets
$4,508
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$188,908
Other Expenses$101,122
Grants and Similar Amounts Paid$36,059
Total Fundraising Expense$31,953
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$90,051$6,338-$96,389
Current Officers, Directors, Trustees, and Key Employees$17,788$35,574$17,788$71,150
Office Expenses$47,644$3,916$3,857$55,417
Grants to Domestic Orgs$36,059--$36,059
Occupancy$18,768$988-$19,756
Payroll Taxes$9,081$3,456$2,169$14,706
Other Employee Benefits$4,289$1,667$707$6,663
Advertising$201-$4,287$4,488
Depreciation Depletion$3,866--$3,866
Insurance$1,097$2,221$262$3,580
Information Technology$1,382$784$676$2,842
Fees for Services Accounting-$1,506-$1,506
Other Expenses$683$341$341$1,365
Travel$725$112$279$1,116
Fees for Services Legal-$888-$888
Fees for Services Other-$147-$147
Total Functional Expenses$236,198$57,938$31,953$326,089
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
International NeedsHudsonville, MI501c3Kibera Bible Club$36,059
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$72,279
Fundraising Direct Expenses$13,493
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner$72,180$72,180$3,808$68,372
Total Events$72,180$72,180$13,493$58,687
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A draft copy of the 990 is emailed to all board members, giving them opportunity to review it prior to its being filed.

Form 990, Page 6, Part VI, Line 12C

Any identified conflicts of interest will be directed to the executive committee of the board. Any transactions which could lead to a potential conflict of interest will be avoided.

Form 990, Page 6, Part VI, Line 15A

The finance/personnel committee reviews the president's compensation and makes a recommendation to the board. The board votes on the annual compensation. The president does not participate in that discussion, and she does not participate in that vote.

Form 990, Page 6, Part VI, Line 19

The governing documents, conflict of interest policy, and financial statements of the organization are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Living Threads
EIN
46-1944634
Phone
6167486505
Address
100 PINE ST SUITE 145, ZEELAND, MI 49464
Doing Business As
Living Threads Ministry

Signing Officer

Name
Jill Dannenberg
Title
President
Phone
6167486505
Signed
2025-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jill Dannenberg
Formed
2013
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
6
Volunteers
26

Preparer

Firm
Meyaard Tolman & Venlet Pc
Address
PO BOX 320, ZEELAND, MI 49464
Preparer
Jayne E Venlet
Phone
6167721901
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISING EVENT REVENUE 102,628 MISCELLANEOUS INCOME 12,068
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0769055
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt047
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt047
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0101
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt013409
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0480808
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt045059
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0114696
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IRS990ScheduleA/PublicSupportCY170Pct00.70190
IRS990ScheduleA/PublicSupportPY170Pct00.69060
IRS990ScheduleA/PublicSupportTotal170Amt0769055
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0150122
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0205418
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0112979
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0769055
IRS990ScheduleA/TotalSupportAmt01095663
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt064724
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt063914
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt069865
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0198503
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/BookValueAmt012288
IRS990ScheduleD/EquipmentGrp/DepreciationAmt056656
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt068944
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012288
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013493
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL DINNER
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt09685
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt072180
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt072180
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt072180
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt072180
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt058687
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03808
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IRS990ScheduleI/RecipientTable/CashGrantAmt036059
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0KIBERA BIBLE CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0INTERNATIONAL NEEDS
IRS990ScheduleI/RecipientTable/RecipientEIN0911080666
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05570 32ND AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0HUDSONVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd049426
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0IN 2019, ONE BOARD MEMBER AND ONE STAFF MEMBER TRAVELED TO KENYA. THE PURPOSE OF THE TRIP WAS TO DELIVER SUPPLIES TO THE KIBERA BIBLE CLUBS AS WELL AS MONITOR HOW THE GRANT FUNDS WERE BEING UTILIZED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF THE 990 IS EMAILED TO ALL BOARD MEMBERS, GIVING THEM OPPORTUNITY TO REVIEW IT PRIOR TO ITS BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY IDENTIFIED CONFLICTS OF INTEREST WILL BE DIRECTED TO THE EXECUTIVE COMMITTEE OF THE BOARD. ANY TRANSACTIONS WHICH COULD LEAD TO A POTENTIAL CONFLICT OF INTEREST WILL BE AVOIDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINANCE/PERSONNEL COMMITTEE REVIEWS THE PRESIDENT'S COMPENSATION AND MAKES A RECOMMENDATION TO THE BOARD. THE BOARD VOTES ON THE ANNUAL COMPENSATION. THE PRESIDENT DOES NOT PARTICIPATE IN THAT DISCUSSION, AND SHE DOES NOT PARTICIPATE IN THAT VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS OF THE ORGANIZATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057938
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0236198
IRS990/TotalFunctionalExpensesGrp/TotalAmt0326089
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt0333
IRS990/TotalLiabilitiesGrp/EOYAmt0285
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IRS990/TotalProgramServiceExpensesAmt0236198
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0330597
IRS990/TotalVolunteersCnt026
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 SOUTH PINE
IRS990/USAddress/AddressLine2Txt0SUITE 145
IRS990/USAddress/CityNm0ZEELAND

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