Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Project Threadways
990EZ • Fiscal year 2022 • EIN 83-4366226
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.07x
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
45th percentile
Higher net margin than 45% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
64th percentile
Faster asset growth than 64% of similar nonprofits.
Revenue Growth
95th percentile
Faster revenue growth than 95% of similar nonprofits.
Balance Sheet
Assets
Up$17,431
Up $1,800 (+12%) from 2021
Net Assets
Up$16,181
Up $878 (+5.7%) from 2021
Liabilities
Up$1,250
Up $922 (+281%) from 2021
Revenue And Expenses
Revenue
Up$49,662
Up $39,038 (+367%) from 2021
Expenses
Up$48,784
Up $39,154 (+407%) from 2021
Net Income
Down$878
Down $116 (-12%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Feb 6, 2023
- Return Version
- 2022v4.1
- Gross Receipts
- $49,662
Mission and Program Overview
Mission
The corporation is organized exclusively for the purpose of engaging in scientific, educational and research activity.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO RECORD, MAKE STUDIES, AND EXPLORE THE HISTORY OF THE TEXTILE INDUSTRY IN THE SHOALS, ALABAMA COMMUNITY, THE AMERICAN SOUTH, AND BEYOND. | - | $48,784 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| NATALIE CHANIN | Chairman | - | $0 | - | - |
| ERIN DAILEY | Secretary | - | $0 | - | - |
| OLIVIA TERENZIO | Director | - | $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
- 2023-02-06
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 printing and copying 30 supplies 1,855 website 300 operations expense 1,890 travel 10,312 outside contract services 14,743 speaking fees 4,800 contract services- other 1,231 meals 7,713 dues 125 total 42,999”
Form 990-ez, Part II, Line 24
“Accounts receivable 4,409 7,557 total 4,409 7,557”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 1,250 payroll liabilities 34 0 sales tax payable 294 0”
Form 990-ez, Part III
“The corporation is organized exclusively for the purpose of engaging in scientific, educational and research activity.”
Raw XML Appendix135 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ALABAMA CHANIN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2567601090 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 462 LANE DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FLORENCE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 35630 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 11222 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 9874 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 49662 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 878 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1095 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 15631 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 17431 |
| IRS990EZ/GrossReceiptsAmt | 0 | 49662 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 15303 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 16181 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 15303 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 16181 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | NATALIE CHANIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ERIN DAILEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | OLIVIA TERENZIO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 4409 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 7557 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 42999 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF ENGAGING IN SCIENTIFIC, EDUCATIONAL AND RESEARCH ACTIVITY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO RECORD, MAKE STUDIES, AND EXPLORE THE HISTORY OF THE TEXTILE INDUSTRY IN THE SHOALS, ALABAMA COMMUNITY, THE AMERICAN SOUTH, AND BEYOND. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 48784 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 4690 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 328 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1250 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 48784 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 48784 |
| IRS990EZ/TotalRevenueAmt | 0 | 49662 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | PROJECTTHREADWAYS.ORG |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 49662 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 10624 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3955 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10600 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 74841 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 4325 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 4325 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 79166 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 49662 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 10624 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 8280 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10600 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 79166 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 49662 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 10624 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 8280 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 10600 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 79166 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES PRINTING AND COPYING 30 SUPPLIES 1,855 WEBSITE 300 OPERATIONS EXPENSE 1,890 TRAVEL 10,312 OUTSIDE CONTRACT SERVICES 14,743 SPEAKING FEES 4,800 CONTRACT SERVICES- OTHER 1,231 MEALS 7,713 DUES 125 TOTAL 42,999 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 4,409 7,557 TOTAL 4,409 7,557 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 1,250 PAYROLL LIABILITIES 34 0 SALES TAX PAYABLE 294 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF ENGAGING IN SCIENTIFIC, EDUCATIONAL AND RESEARCH ACTIVITY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | NATALIE CHANIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2567601090 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-02-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PROJECT THREADWAYS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PROJ |
| ReturnHeader/Filer/EIN | 0 | 834366226 |
| ReturnHeader/Filer/PhoneNum | 0 | 2567601090 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 462 LANE DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FLORENCE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 35630 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 631134175 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PATTERSON PRINCE AND ASSOCIATES PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 475 S SEMINARY STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FLORENCE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 35630 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2567668915 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-02-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOSHUA H RUSSELL CPA |
| ReturnHeader/ReturnTs | 0 | 2023-03-01T17:34:21-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | NATALIE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | CHANIN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $17,431
- Liabilities
- $1,250
- Net assets
- $16,181
- Revenue
- $49,662
- Expenses
- $48,784
- Net income
- $878