Project Threadways is located in Florence, AL. The organization was established in 2019. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Threadways 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 12/2022, Project Threadways generated $49.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 47.1% each year . All expenses for the organization totaled $48.8k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO RECORD, MAKE STUDIES, AND EXPLORE THE HISTORY OF THE TEXTILE INDUSTRY IN THE SHOALS, ALABAMA COMMUNITY, THE AMERICAN SOUTH, AND BEYOND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Natalie Chanin Chairman | 0 | $0 | |
Erin Dailey Secretary | 0 | $0 | |
Olivia Terenzio Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $49,662 |
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 | $49,662 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $4,690 |
Professional fees and other payments to independent contractors | $1,095 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $42,999 |
Total expenses | $48,784 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,874 |
Other assets | $0 |
Total assets | $17,431 |
Total liabilities | $1,250 |
Net assets or fund balances | $16,181 |
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