Eternal Threads Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Paxton, NE
- Founding
- 10/2007
- Data as of
- 12/2023
- EIN
- 47-0833051
Organization Overview
Eternal Threads Inc is located in Paxton, NE. The organization was established in 2007. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 12/2023, Eternal Threads Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eternal Threads Inc 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 12/2023, Eternal Threads Inc generated $10.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (31.7%) each year. All expenses for the organization totaled $140.5k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
IN UGANDA ASSISTANCE AND FUNDING WAS PROVIDED FOR EQUIPMENT, SUPPLIES AND RENT TO ESTABLISH A COMMUNITY TRAINING PROGRAM FOR AT RISK GIRLS AND WOMEN. FUNDING WAS ALSO PROVIDED TO ETERNAL THREAD VENDORS NEEDING ASSISTANCE. IN MADAGASCAR PANDEMIC ASSISTANCE WAS PROVIDED FOR BASIC NEEDS AND STORAGE EXPENSE OF ETERNAL THREADS PRODUCTS AND MERCHANDISE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Egle President | 40 | $0 | |
Jonathan Sharp Vice President | 5 | $0 | |
Jennifer Eller Treasurer | 5 | $0 | |
Nell Sims Director | 1 | $0 | |
Mitzi Adams Director | 1 | $0 | |
David Mccaghren Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,646 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,254 |
| Total Revenue | $10,902 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $87,760 |
| Professional fees and other payments to independent contractors | $950 |
| Occupancy, rent, utilities, and maintenance | $5,250 |
| Printing, publications, postage, and shipping | $433 |
| Other expenses | $46,074 |
| Total expenses | $140,467 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |