Civic Intelligence

Thread Inc.

990 • Fiscal year 2019 • EIN 84-1700955

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 30, 2020

Organization ProfileWWW.THREAD.ORG

View Organization Page

2401 Liberty Heights AvenueBaltimore, MD 21215

(410) 660-8343

Siviq Scores

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

Liabilities / Assets

19th percentile

0.02x

Higher debt load relative to assets than 19% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

13th percentile

0.03x

Higher debt load relative to revenue than 13% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

88th percentile

39%

Higher net margin than 88% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

91st percentile

33%

Faster asset growth than 91% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

13th percentile

-21%

Faster revenue growth than 13% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$12,776,526

Up $3,201,399 (+33%) from 2018

Net Assets

Up

$12,497,090

Up $3,184,673 (+34%) from 2018

Liabilities

Up

$279,436

Up $16,726 (+6.4%) from 2018

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin88th percentile

Revenue

Down

$8,100,625

Down $2,216,121 (-21%) from 2018

Expenses

Up

$4,915,952

Up $1,179,371 (+32%) from 2018

Net Income

Down

$3,184,673

Down $3,395,492 (-52%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$15M$10M$5.0M$0Assets 2011: $212,816Liabilities 2011: $0Net Assets 2011: $212,8162011Assets 2012: $780,454Liabilities 2012: $23,056Net Assets 2012: $757,3982012Assets 2013: $763,137Liabilities 2013: $14,958Net Assets 2013: $748,1792013Assets 2014: $838,567Liabilities 2014: $48,037Net Assets 2014: $790,5302014Assets 2015: $1,924,200Liabilities 2015: $20,425Net Assets 2015: $1,903,7752015Assets 2016: $2,499,190Liabilities 2016: $115,554Net Assets 2016: $2,383,6362016Assets 2017: $2,855,881Liabilities 2017: $123,629Net Assets 2017: $2,732,2522017Assets 2018: $9,575,127Liabilities 2018: $262,710Net Assets 2018: $9,312,4172018Assets 2019: $12,776,526Liabilities 2019: $279,436Net Assets 2019: $12,497,0902019Assets 2020: $11,402,223Liabilities 2020: $941,873Net Assets 2020: $10,460,3502020Assets 2021: $9,564,147Liabilities 2021: $383,398Net Assets 2021: $9,180,7492021Assets 2022: $7,290,497Liabilities 2022: $422,216Net Assets 2022: $6,868,2812022Assets 2023: $9,967,708Liabilities 2023: $493,003Net Assets 2023: $9,474,7052023

Highlighted filing

2019

Assets$12,776,526
Liabilities$279,436
Net Assets$12,497,090
Open 2019 Filing

Operations Trend

Revenue Growth13th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $195,706Expenses 2011: $146,957Net Income 2011: $48,7492011Revenue 2012: $778,805Expenses 2012: $392,830Net Income 2012: $385,9752012Expenses 2013: $546,9712013Revenue 2014: $704,156Expenses 2014: $661,805Net Income 2014: $42,3512014Revenue 2015: $2,167,445Expenses 2015: $1,054,200Net Income 2015: $1,113,2452015Revenue 2016: $2,042,133Expenses 2016: $1,562,272Net Income 2016: $479,8612016Revenue 2017: $2,510,954Expenses 2017: $2,162,338Net Income 2017: $348,6162017Revenue 2018: $10,316,746Expenses 2018: $3,736,581Net Income 2018: $6,580,1652018Revenue 2019: $8,100,625Expenses 2019: $4,915,952Net Income 2019: $3,184,6732019Revenue 2020: $3,151,471Expenses 2020: $5,188,211Net Income 2020: -$2,036,7402020Revenue 2021: $3,507,021Expenses 2021: $4,786,622Net Income 2021: -$1,279,6012021Revenue 2022: $4,591,129Expenses 2022: $5,103,597Net Income 2022: -$512,4682022Revenue 2023: $10,037,741Expenses 2023: $7,431,317Net Income 2023: $2,606,4242023

Highlighted filing

2019

Revenue$8,100,625
Expenses$4,915,952
Net Income$3,184,673
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 30, 2020
Return Version
2018v3.1
Gross Receipts
$8,134,103
Mission and Program Overview

Mission

Thread engages underperforming high school students confronting significant barriers outside of the classroom by providing each one with a family of committed volunteers and increased access to community resources. We foster students' academic advancement and personal growth into self-motivated, resilient and responsible citizens.

Supports young people facing the most significant opportunity and achievement gaps.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$5,818,620$8,002,079▲ $2,183,459
Cash and Non-Interest-Bearing Accounts$907,909$1,908,863▲ $1,000,954
Investments Other Securities$300,000$1,500,000▲ $1,200,000
Savings and Temporary Cash Investments$2,244,180$1,238,553▼ $1,005,627
Prepaid Expenses and Deferred Charges$90,163$103,867▲ $13,704
Land, Buildings, and Equipment, Net$210,717$23,164▼ $187,553
Accounts Receivable$3,538--
Total Assets$9,575,127$12,776,526▲ $3,201,399
Liabilities
Accounts Payable and Accrued Expenses$235,495$260,781▲ $25,286
Other Liabilities$27,215$18,655▼ $8,560
Total Liabilities$262,710$279,436▲ $16,726
Net Assets / Fund Balance
Temporarily Rstr Net Assets$6,063,545$7,517,400▲ $1,453,855
Unrestricted Net Assets$3,248,872$4,979,690▲ $1,730,818
Total Net Assets Fund Balance$9,312,417$12,497,090▲ $3,184,673
Total Liabilities and Net Assets / Fund Balance$9,575,127$12,776,526▲ $3,201,399

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,531$434,244$441,775
Equipment$15,633$49,990$65,623
Closely Held Equity Interests$1,500,000--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sarah HemmingerCEOFT$164,423$5,284$169,707
Lea FergusonVice PresidentFT$125,230$5,023$130,253
Delshan BakerVice PresidentFT$126,490$2,924$129,414
Allison BuchalterVice PresidentFT$108,860$8,687$117,547
Nicholas GreerVice PresidentFT$114,429$2,810$117,239

Board Members and Trustees

NameTitle
Dia SimmsCo-chair
Jan HouboltCo-chair
Aaron CopelandBoard Member
Cheryl BoyerBoard Member
Delora SanchezBoard Member
Jeff CohenBoard Member
Krishna PotarazuBoard Member
Michelle LeffBoard Member
Patricia LattinBoard Member
Ryan HemmingerBoard Member
Heather BenzSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$8,099,259
Program Service Revenue
$0
Investment Income
$1,366
Other Revenue
$0
All Other Contributions
$7,889,900
Change in Net Assets
$3,184,673

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,100,625
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$221,427
Total Revenue per Audited Statements
$8,322,052
Total Revenue per Form 990
$8,100,625
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,519,504
Other Expenses$1,396,448
Total Fundraising Expense$204,865
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,640,156$147,694$110,638$2,898,488
Fees for Services Other$268,780$11,471$15,742$295,993
Payroll Taxes$218,122$12,978$9,287$240,387
Other Employee Benefits$202,556$11,743$6,330$220,629
Depreciation Depletion$158,702$21,473$11,033$191,208
Current Officers, Directors, Trustees, and Key Employees$132,800$17,968$9,232$160,000
Office Expenses$71,976$4,113$8,956$85,045
Travel$71,660$2,460$5,177$79,297
All Other Expenses$64,262$6,077$3,568$73,907
Other Expenses$60,465$20$10$60,495
Insurance$32,872$4,447$2,285$39,604
Occupancy$24,900$3,369$1,731$30,000
Information Technology$18,491$2,502$1,305$22,298
Fees for Services Accounting-$10,500-$10,500
Advertising$56$1$10$67
Total Functional Expenses$4,420,428$290,659$204,865$4,915,952

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,137,379
Expenses per Audited Statements$4,915,952
Total Expenses per Form 990$4,915,952
Expenses Not Reported on Form 990$221,427
Expenses Not Reported on Financial Statements$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Sarah HemmingerChief Executive OfficerRyan Hemminger Is a Member of the Board of Directors. the Organization Employs Sarah Hemminger as Chief Executive Officer. Mr. and Dr. Hemminger Are Married.No$160,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Payable$18,655
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Sarah hemminger, who is the ceo, has a family relationship with ryan hemminger, who is a member of the board of directors.”

Form 990, Part VI, Section B, Line 11B

“The organization's form 990 is reviewed by the ceo and finance committee before it is filed. A full copy of the form 990 is also emailed to the entire board of directors for their review and approval prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The organization's bylaws require a yearly conflict of interest signed by the officers and board of directors. This conflict of interest statement is signed at the first board meeting of the year in the first fiscal quarter of the year.”

Form 990, Part VI, Section B, Line 15

“Compensation of executive director is reviewed and approved by board of directors. Top management is reviewed and determined by executive director and approved by board of directors.”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are available for inspection at the organization upon request. They are also available from the office of the secretary of the state filed with our annual maryland charitable registration. Our conflict of interest policy is available for inspection at the organization upon request.”

Filing and Contact Details

Filer

Filer Name
Thread Inc
EIN
84-1700955
Phone
4106608343
Address
2401 LIBERTY HEIGHTS AVENUE, BALTIMORE, MD 21215

Signing Officer

Name
Sarah Hemminger
Title
Chief Executive Officer
Phone
4106608343
Signed
2020-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Hemminger
Formed
2006
Legal Domicile
Md
Voting Board Members
11
Independent Board Members
10
Employees
114
Volunteers
1,125

Preparer

Firm
Katz Abosch
Address
9690 DEERECO RD STE 500, TIMONIUM, MD 21093
Preparer
Clem Mueller CPA
Phone
4108286432
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has a finance committee which assumes responsibility for the audit. The organization has not changed its oversight process during the year or selection process for an independent accountant during the year.”

Raw XML AppendixShowing 400 of 583 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0235495
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0260781
IRS990/AccountsReceivableGrp/BOYAmt03538
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SUPPORTS YOUNG PEOPLE FACING THE MOST SIGNIFICANT OPPORTUNITY AND ACHIEVEMENT GAPS.
IRS990/AdvertisingGrp/FundraisingAmt010
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01
IRS990/AdvertisingGrp/ProgramServicesAmt056
IRS990/AdvertisingGrp/TotalAmt067
IRS990/AllOtherContributionsAmt07889900
IRS990/AllOtherExpensesGrp/FundraisingAmt03568
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt06077
IRS990/AllOtherExpensesGrp/ProgramServicesAmt064262
IRS990/AllOtherExpensesGrp/TotalAmt073907
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0SARAH HEMMINGER
IRS990/BooksInCareOfDetail/PhoneNum04106608343
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02401 LIBERTY HEIGHTS AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BALTIMORE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021215
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0907909
IRS990/CashNonInterestBearingGrp/EOYAmt01908863
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt09232
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt017968
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0132800
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0160000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08099259
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01366
IRS990/CYOtherExpensesAmt01396448
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt03184673
IRS990/CYSalariesCompEmpBnftPaidAmt03519504
IRS990/CYTotalExpensesAmt04915952
IRS990/CYTotalFundraisingExpenseAmt0204865
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08100625
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt011033
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt021473
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0158702
IRS990/DepreciationDepletionGrp/TotalAmt0191208
IRS990/Desc0THREAD INTERVENES IN THE 9TH GRADE AND DISRUPTS THE PATTERN OF ISOLATION THAT LEADS TO ACADEMIC UNDERPERFORMANCE, ENROLLING STUDENTS WHO RANK IN THE BOTTOM 25% OF THEIR CLASS AND WHO FACE AN ABUNDANCE OF CHALLENGES OUTSIDE OF THE CLASSROOM. STUDENTS REMAIN IN THREAD FOR 10 YEARS, SURROUNDED BY A GROUP OF UP TO FOUR VOLUNTEERS - A THREAD FAMILY - THAT PROVIDES THE STUDENT WITH CONTINUOUS SUPPORT AND INCREASED ACCESS TO COMMUNITY RESOURCES WHILE DEEPLY ENRICHING THE LIVES OF COMMITTED VOLUNTEERS. ONCE ENROLLED, THREAD COMMITS TO NEVER GIVING UP ON A SINGLE STUDENT, AND OUR STUDENTS CONSISTENTLY DEFY THE ODDS. THREAD STUDENTS COMPLETE HIGH SCHOOL AT A RATE TEN TIMES THAT OF SIMILAR PEERS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0114
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt04420428
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010500
IRS990/FeesForServicesAccountingGrp/TotalAmt010500
IRS990/FeesForServicesOtherGrp/FundraisingAmt015742
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt011471
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0268780
IRS990/FeesForServicesOtherGrp/TotalAmt0295993
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt08.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt18.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1180.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1260.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1360.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1460.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1560.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt11856
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt122924
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt138687
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt145023
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt152810
IRS990/Form990PartVIISectionAGrp/PersonNm0JAN HOUBOLT
IRS990/Form990PartVIISectionAGrp/PersonNm1DIA SIMMS
IRS990/Form990PartVIISectionAGrp/PersonNm2HEATHER BENZ
IRS990/Form990PartVIISectionAGrp/PersonNm3CHERYL BOYER
IRS990/Form990PartVIISectionAGrp/PersonNm4JEFF COHEN
IRS990/Form990PartVIISectionAGrp/PersonNm5AARON COPELAND
IRS990/Form990PartVIISectionAGrp/PersonNm6RYAN HEMMINGER
IRS990/Form990PartVIISectionAGrp/PersonNm7PATRICIA LATTIN
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHELLE LEFF
IRS990/Form990PartVIISectionAGrp/PersonNm9KRISHNA POTARAZU
IRS990/Form990PartVIISectionAGrp/PersonNm10DELORA SANCHEZ
IRS990/Form990PartVIISectionAGrp/PersonNm11SARAH HEMMINGER
IRS990/Form990PartVIISectionAGrp/PersonNm12DELSHAN BAKER
IRS990/Form990PartVIISectionAGrp/PersonNm13ALLISON BUCHALTER
IRS990/Form990PartVIISectionAGrp/PersonNm14LEA FERGUSON
IRS990/Form990PartVIISectionAGrp/PersonNm15NICHOLAS GREER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11168851
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12126490
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13108860
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14125230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15114429
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0164
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt0209359
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt033642
IRS990/GrossReceiptsAmt08134103
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01305
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02502
IRS990/InformationTechnologyGrp/ProgramServicesAmt018491
IRS990/InformationTechnologyGrp/TotalAmt022298
IRS990/InsuranceGrp/FundraisingAmt02285
IRS990/InsuranceGrp/ManagementAndGeneralAmt04447
IRS990/InsuranceGrp/ProgramServicesAmt032872
IRS990/InsuranceGrp/TotalAmt039604
IRS990/InvestmentIncomeGrp/ExclusionAmt01202
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01202
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0300000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01500000
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0484234
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0210717
IRS990/LandBldgEquipBasisNetGrp/EOYAmt023164
IRS990/LandBldgEquipCostOrOtherBssAmt0507398
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt033478
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THREAD HARNESSES THE POWER OF RELATIONSHIPS TO CREATE A NEW SOCIAL FABRIC OF DIVERSE INDIVIDUALS DEEPLY ENGAGED WITH YOUNG PEOPLE FACING THE MOST SIGNIFICANT OPPORTUNITY AND ACHIEVEMENT GAPS. OUR COMMUNITY IS COMMITTED TO ENDING SOCIAL ISOLATION AND BUILDING A MORE EQUITABLE CULTURE IN WHICH EVERYONE THRIVES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt09312417
IRS990/NetAssetsOrFundBalancesEOYAmt012497090
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0164
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0164
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01731
IRS990/OccupancyGrp/ManagementAndGeneralAmt03369
IRS990/OccupancyGrp/ProgramServicesAmt024900
IRS990/OccupancyGrp/TotalAmt030000
IRS990/OfficeExpensesGrp/FundraisingAmt08956
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04113
IRS990/OfficeExpensesGrp/ProgramServicesAmt071976
IRS990/OfficeExpensesGrp/TotalAmt085045
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt06330
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011743
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0202556
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0220629
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1CONTRACTED LABOR
IRS990/OtherExpensesGrp/Desc2SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3TUITION AND HOUSING
IRS990/OtherExpensesGrp/FundraisingAmt05971
IRS990/OtherExpensesGrp/FundraisingAmt19505
IRS990/OtherExpensesGrp/FundraisingAmt24085
IRS990/OtherExpensesGrp/FundraisingAmt310
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07854
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt118500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27489
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt320
IRS990/OtherExpensesGrp/ProgramServicesAmt0261391
IRS990/OtherExpensesGrp/ProgramServicesAmt1136733
IRS990/OtherExpensesGrp/ProgramServicesAmt256506
IRS990/OtherExpensesGrp/ProgramServicesAmt360465
IRS990/OtherExpensesGrp/TotalAmt0275216
IRS990/OtherExpensesGrp/TotalAmt1164738
IRS990/OtherExpensesGrp/TotalAmt268080
IRS990/OtherExpensesGrp/TotalAmt360495
IRS990/OtherLiabilitiesGrp/BOYAmt027215
IRS990/OtherLiabilitiesGrp/EOYAmt018655
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0110638
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0147694
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02640156
IRS990/OtherSalariesAndWagesGrp/TotalAmt02898488
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt09287
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012978
IRS990/PayrollTaxesGrp/ProgramServicesAmt0218122
IRS990/PayrollTaxesGrp/TotalAmt0240387
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt05818620
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt08002079
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt090163
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0103867
IRS990/PrincipalOfficerNm0SARAH HEMMINGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt010316701
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt045
IRS990/PYOtherExpensesAmt01090786
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt06580165
IRS990/PYSalariesCompEmpBnftPaidAmt02645795
IRS990/PYTotalExpensesAmt03736581
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010316746
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03184673
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02244180
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01238553
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08099259
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt010314293
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02502907
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02041491
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02167329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt025125279
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01202
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0927
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0479
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0642
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0116
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03366
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02408
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02408
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.46860
IRS990ScheduleA/PublicSupportPY170Pct00.71530
IRS990ScheduleA/PublicSupportTotal170Amt011776761
IRS990ScheduleA/SubstantialContributorsTotAmt013348518
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08099259
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt010314293
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02502907
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02041491
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02167329
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt025125279
IRS990ScheduleA/TotalSupportAmt025131053
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt01500000
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0221427
IRS990ScheduleD/DonatedServicesUseFcltsAmt0221427
IRS990ScheduleD/EquipmentGrp/BookValueAmt015633
IRS990ScheduleD/EquipmentGrp/DepreciationAmt049990
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt065623
IRS990ScheduleD/ExpensesNotReportedAmt0221427
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04915952
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07531
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0434244
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0441775
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018655
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt0221427
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08100625

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,776,526
Liabilities
$279,436
Net assets
$12,497,090
Revenue
$8,100,625
Expenses
$4,915,952
Net income
$3,184,673
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$9.97$0.49$9.47$10.0$7.43$2.61
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.29$0.42$6.87$4.59$5.10$0.51
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.56$0.38$9.18$3.51$4.79$1.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.4$0.94$10.5$3.15$5.19$2.04
2019Detailed filing. Detailed filing data is available for this year.$12.8$0.28$12.5$8.10$4.92$3.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.58$0.26$9.31$10.3$3.74$6.58
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.86$0.12$2.73$2.51$2.16$0.35
2016Detailed filing. Detailed filing data is available for this year.$2.50$0.12$2.38$2.04$1.56$0.48
2015Detailed filing. Detailed filing data is available for this year.$1.92$0.02$1.90$2.17$1.05$1.11
2014Summary only. Only limited summary data is available for this year.$0.84$0.05$0.79$0.70$0.66$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.01$0.75$0.55
2012Summary only. Only limited summary data is available for this year.$0.78$0.02$0.76$0.78$0.39$0.39
2011Summary only. Only limited summary data is available for this year.$0.21$0.00$0.21$0.20$0.15$0.05