Threads For Treads
- Assets
- $12.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burton, MI
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 81-5046823
Organization Overview
Threads For Treads is located in Burton, MI. The organization was established in 2017. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Threads For Treads is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Threads For Treads generated $8.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.6%) each year. All expenses for the organization totaled $5.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED OVER 240 PAIRS OF SHOES AND BOOTS TO CHILDREN WITHIN OUR NEIGHBORING SCHOOL DISTRICTS TO HELP PROVIDE A MORE SAFE AND COMFORTABLE LEARNING EXPERIENCE FOR CHILDREN OF NEED
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Rappuhn Treasurer | 1 | $0 | |
Matt Somers Secretary | 1 | $0 | |
Tami Compton President | 5 | $0 | |
Scott Somers Vice Preside | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,211 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,211 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,512 |
| Total expenses | $5,512 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,819 |
| Other assets | $0 |
| Total assets | $12,069 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,069 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Threads For Treads has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Williamson Foundation Inc Linden, MI PURPOSE: GENERAL OPERATING SUPPORT | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shepherd Community Inc Indianapolis, IN | $12,371,405 | $8,451,700 |
Lifeline For The Empowerment & Development Of Consumers Inc Painesville, OH | $2,217,869 | $5,898,404 |
The Good Samaritan Ministries Holland, MI | $6,761,787 | $5,714,896 |
Everyone Cooperating To Help Others Inc Janesville, WI | $2,299,237 | $4,698,837 |
Shoes And Clothes For Kids Inc Cleveland, OH | $3,983,714 | $3,215,465 |
Save A Family Plan Port Huron, MI | $14,556,863 | $4,257,402 |
People Working Cooperatively Of The Midwest Inc Cincinnati, OH | $1,849,535 | $3,807,781 |
Empowerment Plan Detroit, MI | $4,512,379 | $3,141,834 |
Kokomo Rescue Mission Kokomo, IN | $6,207,124 | $3,682,627 |
Country Neighbor Program Inc Orwell, OH | $3,165,894 | $3,453,995 |
Diocesan Council Society Of St Vincent De Paul Cleveland Diocese Cleveland, OH | $4,994,850 | $3,482,477 |
Zaman International Inkster, MI | $2,900,306 | $3,135,536 |