Totals
- Total revenue
- $250,749
- Total expenses
- $553,347
- Contributions and grants received
- $160,653
- Grants paid
- $0
- Program service revenue
- $206,396
- Investment income
- -$116,300
- Other revenue
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $404,168
- Management and general expenses
- $114,493
- Fundraising expenses
- $34,686
- Program service expenses (Part III)
- $404,168
Program services were 73.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$160,653
-
2a · Program service revenue: PRODUCT
total $189,938 · related or exempt $189,938
-
2b · Program service revenue: SERVICES
total $16,458 · related or exempt $16,458
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $310,166
-
7b · Less cost or other basis and sales expenses
securities $426,466
-
7c · Gain or loss
securities -$116,300
-
7d · Net gain or loss
total -$116,300 · related or exempt -$116,300
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $52,000 · program services $41,600 · management and general $10,400
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $199,077 · program services $159,262 · management and general $39,815
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $3,625 · management and general $3,625
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $16,261 · fundraising $16,261
-
13 · Office expenses
total $7,045 · management and general $7,045
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $201,334 · program services $159,337 · management and general $41,997
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $15,601 · program services $11,127 · management and general $4,474
-
24a · Other expenses: COST OF GOODS SOLD
total $22,305 · program services $22,305
-
24b · Other expenses: DEVELOPMENT
total $18,425 · fundraising $18,425
-
24c · Other expenses: SCHOOL
total $10,537 · program services $10,537
-
24d · Other expenses: BANK CHARGES
total $7,137 · management and general $7,137
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $39,457 · end of year $0
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $5,794 · end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
beginning of year $292,445 · end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $3,500 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $19,517
-
27 · Net assets without donor restrictions
beginning of year $321,679
Mission and programs · 2024
Mission
The Collective Thread is expanding our current sewing school to provide needed skills training and employment opportunities to immigrant and refugee women in St. Louis by adding commercial sewing classes to our current curriculum. We will provide industrial sewing training for 60 women per year, who will have employment opportunities at identified businesses in need of sewers in St. Louis.
Activities or mission (Part I)
A LOCAL MISSION THAT EMPOWERS WOMEN THROUGH WORK.
-
The Collective Thread completed the year shutting down their sewing school. The Collective Thread provided needed skills training and employment opportunities to immigrant and refugee women in St. Louis by providing commercial sewing classes. Our small batch facility employed 10 women to sew commercially for local clothing brands in year 2024. Over the last decade, our team has made more than 35 trips to East Africa to teach women to sew. Our facilities in the US and abroad support local economies and help women out of poverty through employment.
Expenses $404,168 · Revenue $90,096
As filed on the 2024 return.
Listed in Part VII
-
THERESA STIPANOVICH
Treasurer
- Total calculated
- $52,000
- From this org
- $52,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
JANENE BERRA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
IZZY POLANCO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SUZANNE SIERRA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SADIE MONTGOMERY
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
PAULIE GIBSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KIMBERLEY VUITEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
This return attached Schedule N but itemized no distributions.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 3 March 2025
- IRS schema version
- 2024v5.0
- Source object
- 202520629349302102
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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