Common Threads Family Resource Center
- Assets
- $1.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 43
- Location
- Madison, WI
- Founding
- 10/2006
- Data as of
- 06/2022
- EIN
- 20-5196210
Organization Overview
Common Threads Family Resource Center is located in Madison, WI. The organization was established in 2006. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Common Threads Family Resource Center employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Common Threads Family Resource Center 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 06/2022, Common Threads Family Resource Center generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $1.9m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMON THREADS FAMILY RESOURCE CENTER'S MISSION IS TO EMPOWER AUTISTICS, OTHER NEURODIVERGENTS, AND ANYONE WHO EXPERIENCES MENTAL HEALTH NEEDS AND SENSORY DIFFERENCES BY PROVIDING MEANINGFUL, COMPREHENSIVE SUPPORT. WE ACCOMPLISH THIS BY OFFERING A VARIETY OF EVIDENCE-BASED, PERSONALIZED THERAPEUTIC AND EDUCATIONAL SERVICES BUILT ON AN INDIVIDUAL'S STRENGTHS, GOALS, AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMON THREADS FAMILY RESOURCE CENTER IS A WISCONSIN LICENSED OUTPATIENT CLINIC AND AN ALTERNATIVE PLACEMENT SCHOOL PROGRAM. THE CLINIC PROVIDES PSYCHOTHERAPY AND OCCUPATIONAL THERAPY. THE SCHOOL PROVIDES MENTAL HEALTH SERVICES, OCCUPATIONAL THERAPY, SPEECH THERAPY AND INDIVIDUALIZED SUPPORTS. THE ORGANIZATION SERVED OVER 600 INDIVIDUALS THIS FISCAL YEAR.
COMMON THREADS CONTINUES TO WORK WITH THE DANE COUNTY COMPREHENSIVE COMMUNITY SERVICES (CCS) PROGRAM TO SERVE MORE INDIVIDUALS IN NEED IN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Poppe Executive Director | Officer | 40 | $86,335 |
Don Carufel-Wert President | OfficerTrustee | 1 | $0 |
Steve Kelley Vice President/ Treasurer | OfficerTrustee | 1 | $0 |
Barbara Schlaefer Director | Trustee | 1 | $0 |
Kika Barr Director | Trustee | 1 | $0 |
Lauren Henderson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $703,970 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,086 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $730,056 |
| Total Program Service Revenue | $895,510 |
| Investment income | -$837 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $19,126 |
| Net Gain/Loss on Asset Sales | -$1,222 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,646,276 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $98,280 |
| Compensation of current officers, directors, key employees. | $2,484 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,185,158 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $78,771 |
| Payroll taxes | $92,672 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $578 |
| Fees for services: Accounting | $19,430 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $88,525 |
| Advertising and promotion | $394 |
| Office expenses | $4,305 |
| Information technology | $10,156 |
| Royalties | $0 |
| Occupancy | $70,879 |
| Travel | $12,055 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $52,252 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,225 |
| Insurance | $23,335 |
| All other expenses | $10,101 |
| Total functional expenses | $1,927,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,032 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $148,520 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,790 |
| Net Land, buildings, and equipment | $1,440,725 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $7,009 |
| Other assets | $18,347 |
| Total assets | $1,763,423 |
| Accounts payable and accrued expenses | $76,363 |
| Grants payable | $0 |
| Deferred revenue | $6,252 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,348,377 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,430,992 |
| Net assets without donor restrictions | $332,431 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,763,423 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Common Threads Family Resource Center has recieved totaling $43,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $21,500 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $21,500 |
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|---|---|---|
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St Colettas Of Illinois Tinley Park, IL | $3,321,726 | $15,993,167 |
Helping Hand Center Countryside, IL | $22,525,393 | $16,246,364 |
Touchstone Mental Health Minneapolis, MN | $8,476,042 | $15,823,650 |
Aspire Of Illinois Hillside, IL | $18,983,817 | $18,724,686 |
Link Associates West Des Moines, IA | $2,870,425 | $15,095,571 |
The Arc Of The Quad Cities Area Rock Island, IL | $28,274,211 | $14,437,427 |
Hope Haven Area Development Center Corporation Burlington, IA | $12,948,904 | $15,411,343 |
Glenkirk Northbrook, IL | $14,078,509 | $14,943,615 |
Services To Enhance Potential Dearborn, MI | $17,804,002 | $13,713,254 |