Honduras Threads is located in Dallas, TX. The organization was established in 2005. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Honduras Threads 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 06/2024, Honduras Threads generated $112.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $127.1k during the year ending 06/2024. While expenses have increased by 21.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Program Activity:
Part 3
WE HAVE RESUMED EVENTS AND ACTIVITIES THIS FISCAL YEAR AFTER THE END OF THE PANDEMIC. WE HAVE ALSO CONTINUED FUNDRAISING EFFORTS. WE HAVE HELD AN ART SHOW TO HELP BOOST SALES THAT WAS VERY SUCCESSFUL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
M'lou Bancroft President | 45 | $0 | |
Suki Jarzemsky Secretary | 1 | $0 | |
Tom Blackmon Director | 1 | $0 | |
David Boyett Director | 2 | $0 | |
Ron Staffieri Director | 0.5 | $0 | |
Lynn Vogt Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $117,637 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $5,068 |
Total Revenue | $112,438 |
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 | $52,850 |
Occupancy, rent, utilities, and maintenance | $7,395 |
Printing, publications, postage, and shipping | $1,736 |
Other expenses | $65,144 |
Total expenses | $127,125 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $28,520 |
Other assets | $0 |
Total assets | $30,063 |
Total liabilities | $3,991 |
Net assets or fund balances | $26,072 |