Thread Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 195,706 | 146,957 | 48,749 | 17.4 | 61% |
| 2012 | 778,805 | 392,830 | 385,975 | 23.1 | 55% |
| 2013 | 537,752 | 546,971 | −9,219 | 16.4 | 53% |
| 2014 | 704,156 | 661,805 | 42,351 | 14.3 | 57% |
| 2015 | 2,167,445 | 1,054,200 | 1,113,245 | 21.7 | 61% |
| 2016 | 2,042,133 | 1,562,272 | 479,861 | 18.3 | 62% |
| 2017 | 2,510,954 | 2,162,338 | 348,616 | 15.2 | 5% |
| 2018 | 10,316,746 | 3,736,581 | 6,580,165 | 29.9 | 62% |
| 2019 | 8,100,625 | 4,915,952 | 3,184,673 | 30.5 | 62% |
| 2020 | 3,151,471 | 5,188,211 | −2,036,740 | 24.2 | 68% |
| 2021 | 3,507,021 | 4,786,622 | −1,279,601 | 23.0 | 71% |
| 2022 | 4,591,129 | 5,103,597 | −512,468 | 16.1 | 64% |
| 2023 | 10,037,741 | 7,431,317 | 2,606,424 | 15.3 | 63% |
In its most recent public year (2023), this organization brought in $2,606,424 more than it spent. Its reserves stood at about 15.3 months of spending, down from 17.4 in 2011. Staff pay was 63% of spending. $2,831,020 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Thread Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works