Threads Of Change
- Assets
- $57.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bernville, PA
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 82-3873241
Organization Overview
Threads Of Change is located in Bernville, PA. The organization was established in 2019. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, 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 Of Change 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 Of Change generated $33.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $16.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.9%) per year over the past 3 years. 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
THE ORGANIZATION PROVIDES NECESSARY ITEMS TO CHILDREN PLACED IN THE FOSTER CARE SYSTEM OR WHO ARE AT IMMINENT RISK OF BEING DISPLACED FROM THEIR HOME ENVIRONMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Bernet Secretary | 4 | $0 | |
Autumn Fritz Treasurer | 4 | $0 | |
Angelic Horne Executive Director | 15 | $0 | |
Jessica George Fundraising Manager | 2 | $0 | |
Kathryn Cobb-Holmes President | 3 | $0 | |
Trish Beltz Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,635 |
| Total Program Service Revenue | $185 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,669 |
| Other Revenue | $0 |
| Total Revenue | $33,489 |
| 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 | $835 |
| Occupancy, rent, utilities, and maintenance | $1,831 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $720 |
| Total expenses | $16,722 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,094 |
| Other assets | $0 |
| Total assets | $57,862 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,862 |