Civic Intelligence

Thread of Hope Inc.

990EZ • Fiscal year 2024 • EIN 46-3914375

Jan 01, 2024 to Dec 31, 2024 • Filed on Apr 10, 2025

Organization ProfileWWW.THREADOFHOPE.ORG
179 Bear Hill RoadWaltham, MA 02451

(781) 354-3750

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

89th percentile

46%

Higher net margin than 89% of similar nonprofits.

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

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

92nd percentile

111%

Faster asset growth than 92% of similar nonprofits.

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

Revenue Growth

48th percentile

1.5%

Faster revenue growth than 48% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$35,631

Up $18,729 (+111%) from 2023

Net Assets

Up

$35,631

Up $18,729 (+111%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin89th percentile

Revenue

Up

$40,777

Up $596 (+1.5%) from 2023

Expenses

Down

$22,048

Down $3,431 (-13%) from 2023

Net Income

Up

$18,729

Up $4,027 (+27%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$40K$30K$20K$10K$0Assets 2013: $1,600Liabilities 2013: $02013Assets 2014: $2,590Liabilities 2014: $02014Assets 2015: $154Liabilities 2015: $02015Assets 2016: $2,155Liabilities 2016: $02016Assets 2021: $9,648Liabilities 2021: $4,162Net Assets 2021: $5,4862021Assets 2022: $5,054Liabilities 2022: $2,854Net Assets 2022: $2,2002022Assets 2023: $16,902Liabilities 2023: $0Net Assets 2023: $16,9022023Assets 2024: $35,631Net Assets 2024: $35,6312024

Highlighted filing

2024

Assets$35,631
Liabilities-
Net Assets$35,631
Open 2024 Filing

Operations Trend

Revenue Growth48th percentile

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

$60K$40K$20K$0-$20KRevenue 2013: $1,600Expenses 2013: $0Net Income 2013: $1,6002013Revenue 2014: $4,162Expenses 2014: $3,172Net Income 2014: $9902014Revenue 2015: $9,396Expenses 2015: $11,832Net Income 2015: -$2,4362015Revenue 2016: $22,821Expenses 2016: $20,820Net Income 2016: $2,0012016Revenue 2021: $13,773Expenses 2021: $11,886Net Income 2021: $1,8872021Revenue 2022: $9,200Expenses 2022: $12,486Net Income 2022: -$3,2862022Revenue 2023: $40,181Expenses 2023: $25,479Net Income 2023: $14,7022023Revenue 2024: $40,777Expenses 2024: $22,048Net Income 2024: $18,7292024

Highlighted filing

2024

Revenue$40,777
Expenses$22,048
Net Income$18,729
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 10, 2025
Return Version
2024v5.1
Gross Receipts
$40,777
Mission and Program Overview

Mission

Making of distributions to 501(3)(c) organizations

Dedicated to collaborating and investing in innovative projects, both domestic and abroad, that help promote change.

Program Services

DescriptionGrantsExpenses
MISSION IS TO REACH OUT TO THE LIVES OF THE UNDERSERVEDAND UNDERREPRESENTED POPULATIONS.$0$18,941
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERESA CITROFounder & PresidentPT$0--
ELLIANNA DESTINEE CITROTreasurerPT$0--
JUSTIN CITROVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Thread of Hope Inc
EIN
46-3914375
Phone
7813543750
Address
179 BEAR HILL ROAD, WALTHAM, MA 02451

Signing Officer

Name
Teresa Citro
Title
CEO
Phone
7813543750
Signed
2025-04-10
Discuss with paid preparer
Yes

Preparer

Firm
Darosa Tax And Business Services Inc
Address
100 Copeland Dr Ste 2, Mansfield, MA 02048
Preparer
Antonio H Darosa
Phone
5082778438
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“AUTOMOBILE EXPENSE 7535.”

Form 990EZ, Part I, Line 16

“BANK CHARGES 244.”

Form 990EZ, Part I, Line 16

“Registration & filing fees 105.”

Form 990EZ, Part I, Line 16

“INSURANCE 1554.”

Form 990EZ, Part I, Line 16

“MISC EXPENSES”

Form 990EZ, Part I, Line 16

“SUPPLIES 1660.”

Form 990EZ, Part I, Line 16

“Program service expenses 3721.”

Form 990EZ, Part I, Line 16

“TRAVEL 1027.”

Form 990EZ, Part I, Line 16

“WEBSITE 2647.”

Form 990EZ, Part I, Line 16

“DONATIONS 448.”

Form 990EZ, Part II, Line 24

“RECEIVABLE”

Form 990EZ, Part II, Line 26

“CURRENT LIABILITIES 0.”

Raw XML Appendix181 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0TERESA CITRO
IRS990EZ/BooksInCareOfDetail/PhoneNum07813543750
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0179 BEAR HILL RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WALTHAM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002451
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt016902
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt035631
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt024891
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt018729
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0650
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt016902
IRS990EZ/Form990TotalAssetsGrp/EOYAmt035631
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt040777
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0918
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt016902
IRS990EZ/NetAssetsOrFundBalancesEOYAmt035631
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt016902
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt035631
IRS990EZ/OccupancyRentUtltsAndMaintAmt02311
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt115.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt215.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TERESA CITRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ELLIANNA DESTINEE CITRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JUSTIN CITRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0FOUNDER & PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt018941
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0DEDICATED TO COLLABORATING AND INVESTING IN INNOVATIVE PROJECTS, BOTH DOMESTIC AND ABROAD, THAT HELP PROMOTE CHANGE.
IRS990EZ/PrintingPublicationsPostageAmt0146
IRS990EZ/ProgramServiceRevenueAmt014968
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MISSION IS TO REACH OUT TO THE LIVES OF THE UNDERSERVEDAND UNDERREPRESENTED POPULATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt018941
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt022048
IRS990EZ/TotalProgramServiceExpensesAmt018941
IRS990EZ/TotalRevenueAmt040777
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.THREADOFHOPE.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt024891
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt040180
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt09148
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt013770
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02059
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt090048
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0918
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0923
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0918
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0923
IRS990ScheduleA/InvestmentIncomeCYPct00.01010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.98990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt090048
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt024891
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt040180
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt09148
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt013770
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02059
IRS990ScheduleA/Total509Grp/TotalAmt090048
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt090971
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AUTOMOBILE EXPENSE 7535.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK CHARGES 244.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REGISTRATION & FILING FEES 105.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INSURANCE 1554.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MISC EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SUPPLIES 1660.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROGRAM SERVICE EXPENSES 3721.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TRAVEL 1027.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8WEBSITE 2647.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DONATIONS 448.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10RECEIVABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11CURRENT LIABILITIES 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERESA CITRO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07813543750
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THREAD OF HOPE INC
ReturnHeader/Filer/BusinessNameControlTxt0THRE
ReturnHeader/Filer/EIN0463914375
ReturnHeader/Filer/PhoneNum07813543750
ReturnHeader/Filer/USAddress/AddressLine1Txt0179 BEAR HILL ROAD
ReturnHeader/Filer/USAddress/CityNm0WALTHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002451
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201827541
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Darosa Tax And Business Services Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 Copeland Dr Ste 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mansfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002048
ReturnHeader/PreparerPersonGrp/PhoneNum05082778438
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANTONIO H DAROSA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-04-21T10:00:19-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$35,631
Liabilities
-
Net assets
$35,631
Revenue
$40,777
Expenses
$22,048
Net income
$18,729
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$35.6$35.6$40.8$22.0$18.7
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.9$0.00$16.9$40.2$25.5$14.7
2022Detailed filing. Detailed filing data is available for this year.$5.05$2.85$2.20$9.20$12.5$3.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.65$4.16$5.49$13.8$11.9$1.89
2016Summary only. Only limited summary data is available for this year.$2.16$0.00$22.8$20.8$2.00
2015Summary only. Only limited summary data is available for this year.$0.15$0.00$9.40$11.8$2.44
2014Summary only. Only limited summary data is available for this year.$2.59$0.00$4.16$3.17$0.99
2013Summary only. Only limited summary data is available for this year.$1.60$0.00$1.60$0.00$1.60