Totals
- Total revenue
- $202,099
- Total expenses
- $191,311
- Contributions and grants received
- $125,581
- Grants paid
- $0
- Program service revenue
- $56,605
- Investment income
- $0
- Other revenue
- $19,913
- Total assets, end of year
- $29,255
- Total liabilities, end of year
- $7,876
- Net assets or fund balances, end of year
- $21,379
- Program services expenses (Part IX)
- $156,020
- Management and general expenses
- $31,336
- Fundraising expenses
- $3,955
- Program service expenses (Part III)
- $156,020
Program services were 81.6% 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
$125,581
-
2a · Program service revenue: Tuition and registrati
total $56,605 · related or exempt $56,605
-
6a · Gross rents
real property $5,400
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $5,400
-
6d · Net rental income or loss
total $5,400 · excluded $5,400
-
10a · Gross sales of inventory
$31,241
-
10b · Cost of goods sold
$16,728
-
10c · Net income from sales of inventory
total $14,513 · related or exempt $14,513
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $103,950 · program services $94,282 · management and general $9,668
-
7 · Other salaries and wages
total $17,651 · program services $16,009 · management and general $1,642
-
10 · Payroll taxes
total $9,265 · program services $8,403 · management and general $862
-
11c · Fees: accounting
total $1,090 · management and general $1,090
-
11g · Fees: other
total $9,431 · program services $3,351 · management and general $5,322 · fundraising $758
-
12 · Advertising and promotion
total $1,476 · fundraising $1,476
-
13 · Office expenses
total $2,734 · program services $1,521 · management and general $679 · fundraising $534
-
14 · Information technology
total $1,808 · management and general $1,808
-
16 · Occupancy
total $30,391 · program services $24,313 · management and general $6,078
-
17 · Travel
total $104 · management and general $104
-
22 · Depreciation, depletion and amortization
total $333 · program services $333
-
23 · Insurance
total $2,520 · management and general $2,520
-
24a · Other expenses: Furniture
total $3,408 · program services $2,726 · management and general $682
-
24b · Other expenses: Repairs and maintenance
total $3,225 · program services $2,579 · management and general $646
-
24c · Other expenses: Classroom supplies and
total $1,913 · program services $1,678 · management and general $235
-
24d · Other expenses: Fundraising related
total $1,187 · fundraising $1,187
-
24e · All other expenses
total $825 · program services $825
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $14,593 · end of year $20,432
-
4 · Accounts receivable
end of year $825
-
5 · Loans and receivables from officers and key people
end of year $1,514
-
9 · Prepaid expenses and deferred charges
end of year $1,253
-
10a · Land, buildings and equipment: cost or other basis
$2,494
-
10b · Land, buildings and equipment: accumulated depreciation
$333
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $2,161
-
15 · Other assets
beginning of year $2,470 · end of year $3,070
-
17 · Accounts payable and accrued expenses
beginning of year $2,528 · end of year $3,207
-
24 · Unsecured notes and loans payable
beginning of year $3,500 · end of year $3,500
-
25 · Other liabilities
beginning of year $444 · end of year $1,169
-
27 · Net assets without donor restrictions
beginning of year $10,591 · end of year $21,379
Mission and programs · 2023
Mission
The Mission of Common Threads of Maine ("CTM") is to improve individuals' lives and career opportunities by providing commercial and other sewing educational programs, and mentoring to translate acquired skills into employment and career development.
Activities or mission (Part I)
To promote fulfilling careers in the Maine textile industry by teaching people to become skilled stitchers, advocating for fair treatment in the workplace, and assisting business development.
-
Since the organization's beginning in 2015, nearly 150 students have learned to become skilled industrial stitchers. We have helped connect over 85 percent to good paying jobs at the workplaces of local employers. Participants have earned new confidence, workplace skills and improved English and math skills.
Expenses $156,020 · Revenue $71,118
As filed on the 2023 return.
Listed in Part VII
-
Dory Waxman
Board Chair
- Total calculated
- $0
- Hours/week
- 1
-
Jill Duson
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Kevin Beal
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Pious Ali
Director
- Total calculated
- $0
- Hours/week
- 1
-
Katie Brown
Director
- Total calculated
- $0
- Hours/week
- 1
-
Leslie Clark
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rosemarie De Angelis
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jo Bell
Co-Executive Director
- Total calculated
- $52,500
- From this org
- $52,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 35
-
Apphia Kamanda
Co-Executive Director
- Total calculated
- $51,450
- From this org
- $51,450
- From related orgs
- $0
- Other
- $0
- Hours/week
- 35
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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 29 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202442429349300219
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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