Civic Intelligence

San Antonio Threads

990 • Fiscal year 2021 • EIN 81-3461678

Aug 01, 2020 to Jul 31, 2021 • Filed on Jul 12, 2022

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

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

64th percentile

22%

Higher net margin than 64% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

62nd percentile

$84,000

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

76th percentile

28%

Faster asset growth than 76% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

95th percentile

268%

Faster revenue growth than 95% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,773,940

Up $602,607 (+28%) from 2020

Net Assets

Up

$2,773,940

Up $610,912 (+28%) from 2020

Liabilities

Down

$0

Down $8,305 (-100%) from 2020

Revenue

Up

$2,839,063

Up $2,068,557 (+268%) from 2020

Expenses

Up

$2,228,201

Up $702,627 (+46%) from 2020

Net Income

Up

$610,862

Up $1,365,930 (+181%) from 2020

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

2021

Assets$2,773,940
Liabilities$0
Net Assets$2,773,940

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

2021

Revenue$2,839,063
Expenses$2,228,201
Net Income$610,862
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Jul 12, 2022
Return Version
2020v4.1
Gross Receipts
$2,839,063
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$2,163,028$2,773,940▲ $610,912
Cash and Non-Interest-Bearing Accounts$2,046,663$2,675,176▲ $628,513
Prepaid Expenses and Deferred Charges$88,517$65,301▼ $23,216
Land, Buildings, and Equipment, Net$23,648$20,958▼ $2,690
Total Assets$2,171,333$2,773,940▲ $602,607
Other Assets Total$12,505$12,505→ $0
Liabilities
Accounts Payable and Accrued Expenses$8,305--
Total Liabilities$8,305$0▼ $8,305
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,163,028$2,773,940▲ $610,912
Total Liabilities and Net Assets / Fund Balance$2,171,333$2,773,940▲ $602,607

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$20,958$58,388-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cathy HamiltonPresidentFT$84,000$84,000

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$2,839,056
Program Service Revenue
$0
Investment Income
$7
Other Revenue
$0
All Other Contributions
$63,128
Change in Net Assets
$610,862

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$1,724,640
Salaries, Compensation, and Employee Benefits$503,561
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$1,401,174$164,636$0$1,565,810
Current Officers, Directors, Trustees, and Key Employees$0$467,776$0$467,776
Advertising$0$78,756$0$78,756
Office Expenses$0$44,397$0$44,397
Payroll Taxes$0$35,785$0$35,785
Travel$0$9,931$0$9,931
Insurance$0$7,045$0$7,045
Fees for Services Accounting$0$6,150$0$6,150
Depreciation Depletion$0$5,806$0$5,806
Fees for Services Legal$0$1,290$0$1,290
Other Expenses$0$1,150$0$1,150
Total Functional Expenses$1,401,174$827,027$0$2,228,201
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
2022-07-12
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
26
Volunteers
150

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 1361431. 1361431. 0. 0.

Form 990, Part IX, Line 24E

Teen personal items 26726. 26726. 0. 0.

Form 990, Part IX, Line 24E

Toiletries 13017. 13017. 0. 0.

Form 990, Part IX, Line 24E

Dues and suscriptions 0. 0. 0. 0.

Form 990, Part IX, Line 24E

MEALS 3861. 0. 3861. 0.

Form 990, Part IX, Line 24E

Repairs and maintenance 11542. 0. 11542. 0.

Form 990, Part IX, Line 24E

Postage and delivery 1590. 0. 1590. 0.

Form 990, Part IX, Line 24E

Payroll fees 3050. 0. 3050. 0.

Form 990, Part IX, Line 24E

Rents 117857. 0. 117857. 0.

Form 990, Part IX, Line 24E

Rents in advance 0. 0. 0. 0.

Form 990, Part IX, Line 24E

SECURITY 689. 0. 689. 0.

Form 990, Part IX, Line 24E

Utilities 14832. 0. 14832. 0.

Form 990, Part IX, Line 24E

MOVING 1050. 0. 1050. 0.

Form 990, Part IX, Line 24E

Reimbursements 2505. 0. 2505. 0.

Form 990, Part IX, Line 24E

Other expense 500. 0. 500. 0.

Form 990, Part IX, Line 24E

Computer & internet 6309. 0. 6309. 0.

Form 990, Part IX, Line 24E

STORAGE 769. 0. 769. 0.

Form 990, Part IX, Line 24E

Business registration fee 82. 0. 82. 0.

Raw XML Appendix399 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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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 1361431. 1361431. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10TEEN PERSONAL ITEMS 26726. 26726. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11TOILETRIES 13017. 13017. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12DUES AND SUSCRIPTIONS 0. 0. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13MEALS 3861. 0. 3861. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14REPAIRS AND MAINTENANCE 11542. 0. 11542. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15POSTAGE AND DELIVERY 1590. 0. 1590. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16PAYROLL FEES 3050. 0. 3050. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17RENTS 117857. 0. 117857. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18RENTS IN ADVANCE 0. 0. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19SECURITY 689. 0. 689. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20UTILITIES 14832. 0. 14832. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21MOVING 1050. 0. 1050. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22REIMBURSEMENTS 2505. 0. 2505. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23OTHER EXPENSE 500. 0. 500. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24COMPUTER & INTERNET 6309. 0. 6309. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25STORAGE 769. 0. 769. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26BUSINESS REGISTRATION FEE 82. 0. 82. 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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02171333
IRS990/TotalAssetsEOYAmt02773940
IRS990/TotalAssetsGrp/BOYAmt02171333
IRS990/TotalAssetsGrp/EOYAmt02773940
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02839056
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0827027
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01401174
IRS990/TotalFunctionalExpensesGrp/TotalAmt02228201
IRS990/TotalGrossUBIAmt07
IRS990/TotalLiabilitiesBOYAmt08305
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt08305
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02163028
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02773940
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01401174
IRS990/TotalReportableCompFromOrgAmt084000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02839063
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt07
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02171333
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02773940
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt09931
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt09931
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Cathy Hamilton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02102188064
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-12
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/PreparationDt02022-11-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jesse Gonzales CPA MBA
ReturnHeader/ReturnTs02022-11-23T12:24:00-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Cathy
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Hamilton
ReturnHeader/TaxPeriodBeginDt02020-08-01
ReturnHeader/TaxPeriodEndDt02021-07-31
ReturnHeader/TaxYr02020

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