Sacred Threads- A Center For Spirituality & Healing
- Assets
- $114.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, MA
- Founding
- 09/2010
- Data as of
- 12/2022
- EIN
- 26-2111452
Organization Overview
Sacred Threads- A Center For Spirituality & Healing is located in Newton, MA. The organization was established in 2010. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sacred Threads- A Center For Spirituality & Healing 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, Sacred Threads- A Center For Spirituality & Healing generated $60.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $108.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
SACRED THREADS PROVIDES NUMEROUS OFFERINGS AND PROGRAMS FOR WOMEN, NOT LIMITED TO THE FOLLOWING: SPEAKING EVENTS, RETREATS, FOCUSING, PRAYER AND SPIRITUAL DIRECTION, WORKSHOPS AND MANY OTHER SUPPORT GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosemary Mulvihill President | 40 | $38,246 | |
Ann Marie Rosa Director | 1 | $0 | |
Claudia Pouvarelis Secretary | 1 | $0 | |
Marcia Ryan Treasurer | 1 | $0 | |
Lynne Sullivan Director | 1 | $0 | |
Sylvia Simmons Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,317 |
| Total Program Service Revenue | $13,367 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,687 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,246 |
| Professional fees and other payments to independent contractors | $2,874 |
| Occupancy, rent, utilities, and maintenance | $7,000 |
| Printing, publications, postage, and shipping | $4,455 |
| Other expenses | $29,143 |
| Total expenses | $108,718 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,018 |
| Other assets | $0 |
| Total assets | $114,018 |
| Total liabilities | $0 |
| Net assets or fund balances | $114,018 |