NonprofitsNewthreads Of Hope Inc

Public Foundations

Newthreads Of Hope Inc

WAUWATOSA, WI

Total revenue

$3.1M

Total expenses

$5.3M

Net assets

$20.1M

Grants received

$146K

10 grants

EIN

391674150

Tax year

2023

Mission

NewThreads of Hope solicits and receives returned and excess brand new merchandise from corporations. It sorts, warehouses and redistributes this merchandise to a wide range of charitable organizations to be either distributed to or used for the care of the poor, the sick, elderly or children

Financials

FY 2023

Revenue

Contributions & grants$3.1M
Program service revenue
Investment income
Other revenue
Total revenue$3.1M

Expenses

Grants paid$5.0M
Salaries & benefits$154K
Fundraising$39K
Other expenses$171K
Total expenses$5.3M
Total assets$20.1M
Net assets$20.1M

People

6 listed

NameRoleCompensation

Dennis Brand

President

Board

$62K

40 hrs/wk

Patrick Byrne

Chairman, Treasurer & Secretary

Board

10 hrs/wk

Erica P John

Vice President

Board

1 hrs/wk

Armita Harmon

Director

Board

1 hrs/wk

David Strelitz

Director

Board

1 hrs/wk

Kaye Garcia

Director

Board

1 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$25K
TWO TUNICS PROGRAM
2024
$10K
Humanitarian relief
2024
$25K
TWO TUNICS PROGRAM
2023
$15K
OPERATIONAL SUPPORT
2022
$10K
OPERATIONAL SUPPORT
2021
$10K
OPERATIONAL SUPPORT
2021
$22K
POVERTY ASSISTANCE
2020
$10K
OPERATIONAL SUPPORT
2019
$10K
OPERATIONAL SUPPORT
2017

Funded by

$146K from 4 funders · 10 grants · 2017–2024

Archdiocese Of Milwaukee Catholic Commun

$64K · 6 grants · 2017–2022

Siebert Lutheran Foundation Inc

$50K · 2 grants · 2023–2024

Delivering Good Inc

$22K · 1 grant · 2020

Details

EIN391674150
NTEE codeT300
Subsection03
Ruling date1995-09
Formed1990
Employees2
Volunteers300
NEWTHREADS OF HOPE INC — Mission, Financials & Grants Received | Grantivo