Thread Inc in Brooklyn, New York (NY)

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Thread Inc
Employer Identification Number (EIN)271876593
Name of OrganizationThread Inc
Address81 Broadway 3, Brooklyn, NY 11249-6005
SubsectionCharitable Organization
Ruling Date07/2010
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Tax Period12/2010
Assets$10,000 to $24,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$17,461
Amount of Income$145,789
Form 990 Revenue Amount$145,789
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Adult, Continuing Education


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Amount of income in 2010: $145,789
Thread Inc: 

 $145,789
Other organizations performing similar types of work: 

 $80,291

Assets in 2010: $17,461
Thread Inc: 

 $17,461
Other organizations performing similar types of work: 

 $37,351

Expenses in 2010: $128,328
Thread Inc: 

 $128,328
Other organizations performing similar types of work: 

 $69,433

Income to expenses ratio in 2010: 1.1
Thread Inc: 

 1.1
Other organizations performing similar types of work: 

 0.9

Grants share in income in 2010: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 33.2%

Financial snapshot for 2010 ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2010)
Total revenue$145,789
Contributions, gifts, grants, and similar amounts received$145,789
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$128,328
Total net assets$17,461
Excess for the year$17,461
Net assets or fund balances at beginning of year$0
Other changes in net assets or fund balances$0
Balance Sheets (for 2010)
Total assets$17,461
Total liabilities$0
Net assets or fund balances$17,461
Other Information (for 2010)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2010)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
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Organizations performing similar types of work
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1Shumei International Institute IncPO BOX 998, Crestone, CO 81131-0998CO2003-08$1,016,611
2World Institue For Action Learning Inc1688 Moorings Dr, Reston, VA 20190-4225VA2008-01$59,810
3Utilities Telecommunications And Energy Coalition Of Wv IncPo Box 11630, Charleston, WV 25339-1630WV2008-07$30,750
4Workforce Development Institute Inc96 S Swan St, Albany, NY 12210-1939NY2004-07$4,102,489
5Kivunim, Geffen Peter A Gen Ptr300 Central Park W Apt 12j2, New York, NY 10024-1593NY2009-02$3,170,888
6Schonowe Preschool590 Giffords Church Rd, Schenectady, NY 12306-5313NY1996-12$1,982,949
7Women In The World Foundation Inc555 W 18th St 2nd Floor, New York, NY 10011-2822NY2012-05$1,177,236
8Emily C And John E Hansen Intellectual Property Law Institut86 Bobwhite Ln, Hicksville, NY 11801-4548NY2011-07$1,029,522
9Womens Bond Club Of New York Inc370 1st Ave Apt 6a, New York, NY 10010-4930NY2000-06$968,930
10Emet Outreach14905 79th Ave Ste 2, Flushing, NY 11367-3864NY2010-05$890,471
11Society Of Indo-American Engineers And Architects Inc350 Broadway Rm 309, New York, NY 10013-3973NY1984-09$453,378
12Heart Foundation1131 Kensington Ave, Buffalo, NY 14215-1611NY2008-12$396,385
13Young Nonprofit Professionals Network244 Fifth Avenue Ste T282, New York, NY 10001-7604NY2004-02$327,827
14New Vision For Children Andfamilies Services Inc2001 Morris Avenue Mgt, Bronx, NY 10453-4247NY2007-08$269,726
15Oped Project175 Varick St 6th Flr, New York, NY 10014-4604NY2014-10$240,000
16S E L F-Help Foundation Inc570 Main St, New Rochelle, NY 10801-7215NY2000-10$217,715
17Skyline Agility Club IncPO BOX 272, Tomkins Cove, NY 10986-0272NY2001-06$201,655
18Ser Of Westchester Inc, Westchester Inc76 Mamaroneck Avenue, White Plains, NY 10601-4217NY1997-12$169,688
19Alternative Education Resource Organization Inc417 Roslyn Road, Roslyn Heights, NY 11577NY2011-01$168,561
20Ubiquity Inc1119 Joseph Ave, Rochester, NY 14621-3415NY1996-04$167,000
Number of organizations performing similar types of work
Alaska16
Alabama64
Arkansas32
Arizona83
California551
Colorado121
Connecticut57
District of Columbia61
Delaware18
Florida294
Georgia194
Hawaii31
Iowa35
Idaho19
Illinois183
Indiana107
Kansas32
Kentucky55
Louisiana65
Massachusetts139
Maryland119
Maine33
Michigan149
Minnesota85
Missouri93
Mississippi34
Montana22
North Carolina133
North Dakota9
Nebraska16
New Hampshire23
New Jersey117
New Mexico70
Nevada45
New York277
Ohio148
Oklahoma38
Oregon84
Pennsylvania156
Rhode Island25
South Carolina60
South Dakota7
Tennessee120
Texas360
Utah27
Virginia145
Vermont24
Washington101
Wisconsin78
West Virginia27
Wyoming12
International17
Total4,811

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