Civic Intelligence

Thread Connects Inc.

990EZ • Fiscal year 2020 • EIN 84-1733014

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 04, 2021

Organization ProfileWWW.THREADCONNECTS.ORG
207 E 74th St Suite 7J Ste 54New York, NY 10021

(917) 687-7970

Siviq Scores

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

Liabilities / Assets

61st percentile

0.00x

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

2020 filings • NTEE P99 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

58th percentile

0.00x

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

2020 filings • NTEE P99 • <$500k nonprofits • Source year 2020

Net Margin

7th percentile

-90%

Higher net margin than 7% of similar nonprofits.

2020 filings • NTEE P99 • <$500k nonprofits • Source year 2020

Top Officer Pay

87th percentile

$16,900

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 104.1% of source-year revenue.

2020 filings • NTEE P99 • <$500k nonprofits • Source year 2020

Asset Growth

12th percentile

-51%

Faster asset growth than 12% of similar nonprofits.

2020 filings • NTEE P99 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

18th percentile

-64%

Faster revenue growth than 18% of similar nonprofits.

2020 filings • NTEE P99 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$14,840

Down $15,209 (-51%) from 2019

Net Assets

Down

$14,840

Down $14,614 (-50%) from 2019

Liabilities

Down

$0

Down $595 (-100%) from 2019

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin7th percentile

Revenue

Down

$16,238

Down $28,766 (-64%) from 2019

Expenses

Up

$30,852

Up $15,302 (+98%) from 2019

Net Income

Down

-$14,614

Down $44,068 (-150%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$40K$30K$20K$10K$0Assets 2019: $30,049Liabilities 2019: $595Net Assets 2019: $29,4542019Assets 2020: $14,840Liabilities 2020: $0Net Assets 2020: $14,8402020Assets 2021: $21,424Liabilities 2021: $02021Assets 2022: $14,727Liabilities 2022: $0Net Assets 2022: $14,7272022

Highlighted filing

2020

Assets$14,840
Liabilities$0
Net Assets$14,840
Open 2020 Filing

Operations Trend

Revenue Growth18th percentile

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

$60K$40K$20K$0-$20KRevenue 2019: $45,004Expenses 2019: $15,550Net Income 2019: $29,4542019Revenue 2020: $16,238Expenses 2020: $30,852Net Income 2020: -$14,6142020Revenue 2021: $8,773Expenses 2021: $2,189Net Income 2021: $6,5842021Revenue 2022: $266Expenses 2022: $6,963Net Income 2022: -$6,6972022

Highlighted filing

2020

Revenue$16,238
Expenses$30,852
Net Income-$14,614
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 4, 2021
Return Version
2020v4.0
Gross Receipts
$16,238
Mission and Program Overview

Mission

Theraputic workshops for trauma

To provide artsentertainment&recreation

Program Services

DescriptionGrantsExpenses
PROVIDED ARTS, ENTERTAINMENT AND RECREATION TO COMMUNITIES LIVING IN AND WITH TRAUMA.--
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNIFER LANE GARDNERPresidentPT$16,900-$16,900
PETER KALVERTExecutive Director-$0--
LAUREN GOLDBERGChief Strategist-$0--
DAVID HESSDirector Of Arts Technology-$0--
JOSEPH MOOREAdvisory Board-$0--
JESSICA ASCHAdvisory Board-$0--
JULIE ABRAMSAdvisory Board-$0--
Filing and Contact Details

Filer

Filer Name
Thread Connects Inc
EIN
84-1733014
Address
207 E 74TH ST SUITE 7J STE 54, NEW YORK, NY 10021

Signing Officer

Name
Jennifer Lane Gardner
Title
President
Phone
9176877970
Signed
2021-02-04
Discuss with paid preparer
Yes

Preparer

Firm
Thomson Accountants and Advisors
Address
451 HOOSICK STREET, TROY, NY 12180
Preparer
Wesley Sweeney
Phone
5182721800
Supplemental Narrative

Additional Explanations

Description of total liabilities Part II line 26

“Category beginning of year end of yearaccounts payable 112 0credit card payable 483 0”

Raw XML Appendix150 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/PersonNm0JENNIFER LANE GARDNER
IRS990EZ/BooksInCareOfDetail/PhoneNum09176877970
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0207 E 74TH ST SUITE 7J
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010021
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt030049
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014840
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt016238
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-14614
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt024322
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt030049
IRS990EZ/Form990TotalAssetsGrp/EOYAmt014840
IRS990EZ/GrossReceiptsAmt016238
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt029454
IRS990EZ/NetAssetsOrFundBalancesEOYAmt014840
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt029454
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt014840
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt016900
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JENNIFER LANE GARDNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PETER KALVERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LAUREN GOLDBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAVID HESS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOSEPH MOORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JESSICA ASCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JULIE ABRAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHIEF STRATEGIST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR OF ARTS TECHNOLOGY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4ADVISORY BOARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5ADVISORY BOARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6ADVISORY BOARD
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE ARTSENTERTAINMENT&RECREATION
IRS990EZ/PrintingPublicationsPostageAmt06530
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED ARTS, ENTERTAINMENT AND RECREATION TO COMMUNITIES LIVING IN AND WITH TRAUMA.
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0595
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt030852
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt016238
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.THREADCONNECTS.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt016238
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt045004
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt061242
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt061242
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt016238
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt045004
IRS990ScheduleA/Total509Grp/TotalAmt061242
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt016238
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt045004
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt061242
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS PAYABLE 112 0CREDIT CARD PAYABLE 483 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER LANE GARDNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09176877970
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THREAD CONNECTS INC
ReturnHeader/Filer/BusinessNameControlTxt0THRE
ReturnHeader/Filer/EIN0841733014
ReturnHeader/Filer/USAddress/AddressLine1Txt0207 E 74TH ST SUITE 7J STE 54
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010021
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0852884904
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THOMSON ACCOUNTANTS AND ADVISORS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0451 HOOSICK STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TROY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012180
ReturnHeader/PreparerPersonGrp/PhoneNum05182721800
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WESLEY SWEENEY
ReturnHeader/ReturnTs02021-03-25T16:45:55-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JENNIFER LANE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GARDNER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,840
Liabilities
$0
Net assets
$14,840
Revenue
$16,238
Expenses
$30,852
Net income
-$14,614
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.7$0.00$14.7$0.27$6.96$6.70
2021Summary only. Only limited summary data is available for this year.$21.4$0.00$8.77$2.19$6.58
2020Detailed filing. Detailed filing data is available for this year.$14.8$0.00$14.8$16.2$30.9$14.6
2019Detailed filing. Detailed filing data is available for this year.$30.0$0.60$29.5$45.0$15.6$29.5