Civic Intelligence

Project Threadways Inc.

990EZ • Fiscal year 2019 • EIN 83-4366226

Mar 14, 2019 to Dec 31, 2019 • Filed on Jun 09, 2020

Organization ProfilePROJECTTHREADWAYS.ORG
462 Lane DriveFlorence, AL 35630

(256) 760-1090

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets62nd percentile

Assets

$9,913

No earlier filing loaded for comparison.

Net Assets

$9,856

No earlier filing loaded for comparison.

Liabilities

$57

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin98th percentile

Revenue

$10,600

No earlier filing loaded for comparison.

Expenses

$744

No earlier filing loaded for comparison.

Net Income

$9,856

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$800K$600K$400K$200K$0Assets 2019: $9,913Liabilities 2019: $57Net Assets 2019: $9,8562019Assets 2020: $14,788Liabilities 2020: $479Net Assets 2020: $14,3092020Assets 2021: $15,631Liabilities 2021: $328Net Assets 2021: $15,3032021Assets 2022: $17,431Liabilities 2022: $1,250Net Assets 2022: $16,1812022Assets 2023: $67,443Liabilities 2023: $10,453Net Assets 2023: $56,9902023Assets 2024: $799,646Liabilities 2024: $79,542Net Assets 2024: $720,1042024

Highlighted filing

2019

Assets$9,913
Liabilities$57
Net Assets$9,856
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0Revenue 2019: $10,600Expenses 2019: $744Net Income 2019: $9,8562019Revenue 2020: $8,280Expenses 2020: $3,827Net Income 2020: $4,4532020Revenue 2021: $10,624Expenses 2021: $9,630Net Income 2021: $9942021Revenue 2022: $49,662Expenses 2022: $48,784Net Income 2022: $8782022Revenue 2023: $240,385Expenses 2023: $199,760Net Income 2023: $40,6252023Revenue 2024: $2,013,689Expenses 2024: $1,350,575Net Income 2024: $663,1142024

Highlighted filing

2019

Revenue$10,600
Expenses$744
Net Income$9,856
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Mar 14, 2019 to Dec 31, 2019
Signed
Jun 9, 2020
Return Version
2019v5.0
Gross Receipts
$10,600
Mission and Program Overview

Mission

The corporation is organized to record, make studies, teach and explore the history of the textile industry in north alabama. To promote and advance the purposes and objectives of the corporation, to raise funds and support.

The corporation is organized exclusively for the purpose of engaging in scientific, educational and research activity.

Program Services

DescriptionGrantsExpenses
TO RECORD, MAKE STUDIES, AND EXPLORE THE HISTORY OF THE TEXTILE INDUSTRY IN THE SHOALS, ALABAMA COMMUNITY, THE AMERICAN SOUTH, AND BEYOND.-$744
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NATALIE CHANINChairman-$0--
ERIN DAILEYSecretary-$0--
JEFF BREWTONTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Project Threadways Inc
EIN
83-4366226
Phone
2567601090
Address
462 LANE DRIVE, FLORENCE, AL 35630

Signing Officer

Name
Natalie Chanin
Title
Chairman
Phone
2567601090
Signed
2020-06-09

Preparer

Firm
Patterson Prince and Associates Pc
Address
475 S SEMINARY STREET, FLORENCE, AL 35630
Preparer
Joshua H Russell CPA
Phone
2567668915
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses supplies 216 travel 453 total 669”

Form 990-ez, Part II, Line 26

“CHASE VISA 0 57”

Form 990-ez, Part III

“The corporation is organized exclusively for the purpose of engaging in scientific, educational and research activity.”

Raw XML Appendix127 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/PersonNm0JEFF BREWTON
IRS990EZ/BooksInCareOfDetail/PhoneNum02567601090
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01042 NORTH PINE STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FLORENCE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd035630
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09913
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt010600
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt09856
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt075
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
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IRS990EZ/GrossReceiptsAmt010600
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt09856
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt09856
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NATALIE CHANIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ERIN DAILEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEFF BREWTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0669
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF ENGAGING IN SCIENTIFIC, EDUCATIONAL AND RESEARCH ACTIVITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO RECORD, MAKE STUDIES, AND EXPLORE THE HISTORY OF THE TEXTILE INDUSTRY IN THE SHOALS, ALABAMA COMMUNITY, THE AMERICAN SOUTH, AND BEYOND.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0744
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt057
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0744
IRS990EZ/TotalProgramServiceExpensesAmt0744
IRS990EZ/TotalRevenueAmt010600
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0PROJECTTHREADWAYS.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt010600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt010600
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt010600
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt010600
IRS990ScheduleA/Total509Grp/TotalAmt010600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt010600
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt010600
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES SUPPLIES 216 TRAVEL 453 TOTAL 669
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHASE VISA 0 57
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF ENGAGING IN SCIENTIFIC, EDUCATIONAL AND RESEARCH ACTIVITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0NATALIE CHANIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum02567601090
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROJECT THREADWAYS INC
ReturnHeader/Filer/BusinessNameControlTxt0PROJ
ReturnHeader/Filer/EIN0834366226
ReturnHeader/Filer/PhoneNum02567601090
ReturnHeader/Filer/USAddress/AddressLine1Txt0462 LANE DRIVE
ReturnHeader/Filer/USAddress/CityNm0FLORENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035630
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0CD3801E36E7D6B7AF08C9F38A8AEC4F99BFF0F63
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08A490298219088DE7CFB73E6AB0440DB8BB54015
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.14.197.197
ReturnHeader/FilingSecurityInformation/IPDt02020-06-22
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:44:41
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0631134175
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PATTERSON PRINCE AND ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0475 S SEMINARY STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FLORENCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035630
ReturnHeader/PreparerPersonGrp/PhoneNum02567668915
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSHUA H RUSSELL CPA
ReturnHeader/ReturnTs02020-06-22T13:44:41-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-03-14
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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.

Open filing
Assets
$9,913
Liabilities
$57
Net assets
$9,856
Revenue
$10,600
Expenses
$744
Net income
$9,856
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.08$0.72$2.01$1.35$0.66
2023Detailed filing. Detailed filing data is available for this year.$0.07$0.01$0.06$0.24$0.20$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.05$0.05$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.01$0.01$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.01$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.01$0.00$0.01