San Antonio Threads
- Assets
- $2.8m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 26
- Location
- San Antonio, TX
- Founding
- 09/2016
- Data as of
- 07/2021
- EIN
- 81-3461678
Organization Overview
San Antonio Threads is located in San Antonio, TX. The organization was established in 2016. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 07/2021, San Antonio Threads employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Antonio 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 07/2021, San Antonio Threads generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 54.5% each year . All expenses for the organization totaled $2.2m during the year ending 07/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MISSION IS TO PROVIDE FREE NEW CLOTHING IN A SAFE AND NURTURING SHOPPING EXPERIENCE FOR DESERVING TEENS. TARGET AGE GROUP IS 12-21 YEARS OF AGE; TO INCLUDE TEENS IN FOSTER CARE, TEENS THAT HAVE AGED OUT OF FOSTER CARE, HOMELESS TEENS, OR OTHERWISE DESERVING TEENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE NEW AND NEW-LIKE CLOTHING AND ACCESSORIES FOR FREE FOR DESERVING TEENS IN THE SAN ANTONIO AREA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Hamilton President | Officer | 60 | $84,000 |
Josh Sims Treasurer | Officer | 0 | $0 |
Larry Cradford Secretary | Officer | 0 | $0 |
Kathy Bruce Member At Large | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,775,928 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,128 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,839,056 |
| Total Program Service Revenue | $0 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,839,063 |
| 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. | $467,776 |
| Compensation of current officers, directors, key employees. | $467,776 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $35,785 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,290 |
| Fees for services: Accounting | $6,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $78,756 |
| Office expenses | $44,397 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,931 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,806 |
| Insurance | $7,045 |
| All other expenses | $1,565,810 |
| Total functional expenses | $2,228,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,675,176 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $65,301 |
| Net Land, buildings, and equipment | $20,958 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,505 |
| Total assets | $2,773,940 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $2,773,940 |
| Total liabilities and net assets/fund balances | $2,773,940 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that San Antonio Threads has recieved totaling $1,249,689.
| Awarding Organization | Amount |
|---|---|
Delivering Good Inc New York, NY PURPOSE: POVERTY ASSISTANCE | $770,635 |
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $414,507 |
Austin Community Foundation Austin, TX PURPOSE: GENERAL OPERATING | $25,000 |
Harvey E Najim Charitable Foundation San Antonio, TX PURPOSE: ASSIST CHILDREN | $25,000 |
Jack H And William M Light Charitable Tr San Antonio, TX PURPOSE: UNRESTRICTED | $10,000 |
Dixie & Cedric Wenger 1994 Foundation San Antonio, TX PURPOSE: OPERATIONS | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lena Pope Home Inc Fort Worth, TX | $41,084,860 | $20,269,291 |
Crossroads Youth & Family Services Inc Norman, OK | $6,187,416 | $14,829,861 |
Any Baby Can Of Austin Inc Austin, TX | $8,962,977 | $14,873,407 |
Vans Kiddie Care Incorporated New Iberia, LA | $1,467,378 | $10,445,332 |
Agenda For Children Inc New Orleans, LA | $5,603,740 | $8,555,608 |
Covenant House New Orleans New Orleans, LA | $11,959,042 | $8,505,240 |
Communities In Schools Of North Texas Inc Lewisville, TX | $5,674,763 | $10,337,403 |
Covenant House Texas Houston, TX | $23,811,889 | $14,643,354 |
Conway County Community Service Inc Morrilton, AR | $2,601,961 | $8,443,108 |
Hands On Healing Residential Treatment Center Inc Baytown, TX | $2,057,295 | $5,655,110 |
Monarch Family Services Houston, TX | $725,146 | $2,180,000 |
Pivot Inc Oklahoma City, OK | $7,446,164 | $4,876,215 |