Civic Intelligence

San Antonio Threads

990 • Fiscal year 2020 • EIN 81-3461678

Aug 01, 2019 to Jul 31, 2020 • Filed on Aug 05, 2021

10446 SentinelSan Antonio, TX 78217

(210) 218-8064

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.00x

Higher debt load relative to assets than 22% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

4th percentile

-98%

Higher net margin than 4% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

60th percentile

$80,685

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

4th percentile

-25%

Faster asset growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

3rd percentile

-76%

Faster revenue growth than 3% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$2,171,333

Down $725,534 (-25%) from 2019

Net Assets

Down

$2,163,028

Down $730,669 (-25%) from 2019

Liabilities

Up

$8,305

Up $5,135 (+162%) from 2019

Revenue

Down

$770,506

Down $2,413,640 (-76%) from 2019

Expenses

Up

$1,525,574

Up $912,953 (+149%) from 2019

Net Income

Down

-$755,068

Down $3,326,593 (-129%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2018: $324,506Liabilities 2018: $15,518Net Assets 2018: $308,9882018Assets 2019: $2,896,867Liabilities 2019: $3,170Net Assets 2019: $2,893,6972019Assets 2020: $2,171,333Liabilities 2020: $8,305Net Assets 2020: $2,163,0282020Assets 2021: $2,773,940Liabilities 2021: $0Net Assets 2021: $2,773,9402021Assets 2022: $1,214,646Liabilities 2022: $0Net Assets 2022: $1,214,6462022Assets 2023: $355,176Liabilities 2023: $0Net Assets 2023: $355,1762023

Highlighted filing

2020

Assets$2,171,333
Liabilities$8,305
Net Assets$2,163,028

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2018: $498,576Expenses 2018: $203,062Net Income 2018: $295,5142018Revenue 2019: $3,184,146Expenses 2019: $612,621Net Income 2019: $2,571,5252019Revenue 2020: $770,506Expenses 2020: $1,525,574Net Income 2020: -$755,0682020Revenue 2021: $2,839,063Expenses 2021: $2,228,201Net Income 2021: $610,8622021Revenue 2022: $484,695Expenses 2022: $2,043,989Net Income 2022: -$1,559,2942022Revenue 2023: $1,265,338Expenses 2023: $2,124,808Net Income 2023: -$859,4702023

Highlighted filing

2020

Revenue$770,506
Expenses$1,525,574
Net Income-$755,068
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Aug 5, 2021
Return Version
2019v5.1
Gross Receipts
$770,506
Mission and Program Overview

Mission

Mission is to provide a safe and nurturing shopping experience for deserving teens. Target age

Mission is to provide free new clothing in a safe and nurturing shopping experience for deserving teens. Target age group is 12-21 years of age; to include teens in foster care, teens that have aged out of foster care, homeless teens, or otherwise deserving teens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,893,697$2,163,028▼ $730,669
Cash and Non-Interest-Bearing Accounts$2,852,062$2,046,663▼ $805,399
Prepaid Expenses and Deferred Charges$12,096$88,517▲ $76,421
Land, Buildings, and Equipment, Net$16,511$23,648▲ $7,137
Total Assets$2,896,867$2,171,333▼ $725,534
Other Assets Total$16,198$12,505▼ $3,693
Liabilities
Accounts Payable and Accrued Expenses$3,170$8,305▲ $5,135
Total Liabilities$3,170$8,305▲ $5,135
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,893,697$2,163,028▼ $730,669
Total Liabilities and Net Assets / Fund Balance$2,896,867$2,171,333▼ $725,534

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$36,382$39,848$76,230
Land$0--
Leasehold Improvements$-12,734$12,734-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cathy HamiltonPresidentFT$80,685$80,685

Board Members and Trustees

NameTitle
Kathy BruceMember at Large
Larry CradfordSecretary
Josh SimsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$754,011
Program Service Revenue
$0
Investment Income
$16,495
Other Revenue
$0
All Other Contributions
$167,185
Change in Net Assets
$-755,068

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,191,629
Salaries, Compensation, and Employee Benefits$333,945
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$833,113$158,429$0$991,542
Current Officers, Directors, Trustees, and Key Employees$0$310,214$0$310,214
Advertising$0$127,173$0$127,173
Office Expenses$0$31,721$0$31,721
Payroll Taxes$0$23,731$0$23,731
Travel$0$10,714$0$10,714
Fees for Services Accounting$0$8,800$0$8,800
Other Expenses$0$5,520$0$5,520
Depreciation Depletion$0$4,484$0$4,484
Insurance$0$4,285$0$4,285
Fees for Services Legal$0$2,531$0$2,531
Fees for Services Management$0$1,049$0$1,049
Total Functional Expenses$833,113$692,461$0$1,525,574
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
San Antonio Threads
EIN
81-3461678
Phone
2102188064
Address
10446 Sentinel, San Antonio, TX 78217

Signing Officer

Name
Cathy Hamilton
Title
President
Phone
2102188064
Signed
2021-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathy Hamilton
Formed
2015
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
28
Volunteers
58

Preparer

Firm
Gonzales & Associates Cpas Pllc
Address
700 East Sonterra Suite 1210, San Antonio, TX 78258
Preparer
Jesse Gonzales CPA MBA
Phone
2102909900
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Cathy Hamilton's son-in-law is Josh Sims, the Treasurer.

Pt VI, Line 6

The Organization has only Board Members.

Pt VI, Line 7A

Board Members serve a one year term; all of them interview and vote for prospective new Board Members.

Pt VI, Line 7B

Governance decisions are subject to approval by Board Members only.

Pt VI, Line 8B

Governance decisions are subjeect to approval by Board Members only.

Pt VI, Line 15A

Board Members review, use comparability data, and vote to approve compensations that will be paid.

Pt VI, Line 15B

Board Members review, use comparability data, and vote to approve compensations that will be paid.

Pt VI, Line 11B

Board Members review the information and figures in the tax return, to see if there is needed to add any other information.

Other

Pt IX, Line 24e - Total amount of Non-cash contributions were provided for free to deserving teens in the San Antonio area.

Form 990, Part IX, Line 24E

Clothing 764502. 764502. 0. 0.

Form 990, Part IX, Line 24E

Teen personal items 40922. 40922. 0. 0.

Form 990, Part IX, Line 24E

Toiletries 27689. 27689. 0. 0.

Form 990, Part IX, Line 24E

Dues and suscriptions 385. 0. 385. 0.

Form 990, Part IX, Line 24E

MEALS 4170. 0. 4170. 0.

Form 990, Part IX, Line 24E

Repairs and maintenance 12513. 0. 12513. 0.

Form 990, Part IX, Line 24E

Postage and delivery 2712. 0. 2712. 0.

Form 990, Part IX, Line 24E

Payroll fees 2004. 0. 2004. 0.

Form 990, Part IX, Line 24E

Rents 96920. 0. 96920. 0.

Form 990, Part IX, Line 24E

Rents in advance 0. 0. 0. 0.

Form 990, Part IX, Line 24E

SECURITY 875. 0. 875. 0.

Form 990, Part IX, Line 24E

Utilities 15274. 0. 15274. 0.

Form 990, Part IX, Line 24E

MOVING 4585. 0. 4585. 0.

Form 990, Part IX, Line 24E

Reimbursements 13663. 0. 13663. 0.

Form 990, Part IX, Line 24E

Other expense 427. 0. 427. 0.

Form 990, Part IX, Line 24E

Computer & internet 4901. 0. 4901. 0.

Raw XML Appendix400 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Cathy Hamilton's son-in-law is Josh Sims, the Treasurer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization has only Board Members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board Members serve a one year term; all of them interview and vote for prospective new Board Members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governance decisions are subject to approval by Board Members only.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governance decisions are subjeect to approval by Board Members only.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Board Members review, use comparability data, and vote to approve compensations that will be paid.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Board Members review, use comparability data, and vote to approve compensations that will be paid.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Board Members review the information and figures in the tax return, to see if there is needed to add any other information.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Pt IX, Line 24e - Total amount of Non-cash contributions were provided for free to deserving teens in the San Antonio area.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9CLOTHING 764502. 764502. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10TEEN PERSONAL ITEMS 40922. 40922. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11TOILETRIES 27689. 27689. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12DUES AND SUSCRIPTIONS 385. 0. 385. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13MEALS 4170. 0. 4170. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14REPAIRS AND MAINTENANCE 12513. 0. 12513. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15POSTAGE AND DELIVERY 2712. 0. 2712. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16PAYROLL FEES 2004. 0. 2004. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17RENTS 96920. 0. 96920. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18RENTS IN ADVANCE 0. 0. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19SECURITY 875. 0. 875. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20UTILITIES 15274. 0. 15274. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21MOVING 4585. 0. 4585. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22REIMBURSEMENTS 13663. 0. 13663. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23OTHER EXPENSE 427. 0. 427. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24COMPUTER & INTERNET 4901. 0. 4901. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02896867
IRS990/TotalAssetsEOYAmt02171333
IRS990/TotalAssetsGrp/BOYAmt02896867
IRS990/TotalAssetsGrp/EOYAmt02171333
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0754011
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0692461
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0833113
IRS990/TotalFunctionalExpensesGrp/TotalAmt01525574
IRS990/TotalGrossUBIAmt016495
IRS990/TotalLiabilitiesBOYAmt03170
IRS990/TotalLiabilitiesEOYAmt08305
IRS990/TotalLiabilitiesGrp/BOYAmt03170
IRS990/TotalLiabilitiesGrp/EOYAmt08305
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02893697
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02163028
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0833113
IRS990/TotalReportableCompFromOrgAmt080685
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0770506
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt016495
IRS990/TotalVolunteersCnt058
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02896867
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02171333
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt010714
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt010714
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt020510 Gathering Oak
IRS990/USAddress/CityNm0San Antonio
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078258
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Cathy Hamilton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02102188064
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0San Antonio Threads
ReturnHeader/Filer/BusinessNameControlTxt0SANA
ReturnHeader/Filer/EIN0813461678
ReturnHeader/Filer/PhoneNum02102188064
ReturnHeader/Filer/USAddress/AddressLine1Txt010446 Sentinel
ReturnHeader/Filer/USAddress/CityNm0San Antonio
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078217
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GONZALES & ASSOCIATES CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0700 East Sonterra Suite 1210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Antonio
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078258
ReturnHeader/PreparerPersonGrp/PhoneNum02102909900
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jesse Gonzales CPA MBA
ReturnHeader/ReturnTs02021-11-15T15:18:22-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-08-01
ReturnHeader/TaxPeriodEndDt02020-07-31
ReturnHeader/TaxYr02019

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