NonprofitsThread Capital

Community Improvement & Capacity Building

Thread Capital

RALEIGH, NC

Total revenue

$7.2M

Total expenses

$3.0M

Net assets

$12.1M

Grants received

$842K

5 grants

EIN

831284532

Tax year

2023

Mission

Ensuring nc's small businesses and entrepreneurs have access to the resources they need to thrive.

Financials

FY 2023

Revenue

Contributions & grants$5.0M
Program service revenue$121K
Investment income$2.1M
Other revenue
Total revenue$7.2M

Expenses

Grants paid
Salaries & benefits$1.5M
Fundraising
Other expenses$1.5M
Total expenses$3.0M
Total assets$16.0M
Net assets$12.1M

People

14 listed

NameRoleCompensation

PATRICK WOODIE

DIRECTOR

Board

1 hrs/wk

ANDY ANDERSON

CHAIRPERSON

Board

1 hrs/wk

JOSEPH STANLEY

TREASURER

Board

1 hrs/wk

KIM GRAHAM

SECRETARY

Board

1 hrs/wk

RYAN AMMANN

DIRECTOR

Board

1 hrs/wk

JOSE ALVAREZ

DIRECTOR

Board

1 hrs/wk

AL BASS

DIRECTOR

Board

1 hrs/wk

GRANT GODWIN

DIRECTOR

Board

1 hrs/wk

JUVENCIO ROCH-PERALTA

DIRECTOR

Board

1 hrs/wk

JOHN STOKES

DIRECTOR

Board

1 hrs/wk

BRITTANY BENNETT WESTON

DIRECTOR

Board

1 hrs/wk

JONATHAN BRERETON

EXECUTIVE DIRECTOR (TO AUG '23)

Board

20 hrs/wk

FRANKLIN ROBERTS

CFO & ASST TREASURER

Board

1 hrs/wk

CAROLYN RHODES

COO (FROM JUL '23)

Board

1 hrs/wk

Independent contractors

ORION FIRST

LOAN SERVICING SERVICES

$201K

Grants received

Showing 5 of 5

FromAmountPurposeYear
$517K
THIS GRANT WILL SUPPORT THREAD CAPITAL WITH THE PROJECT ENTITLED, ACCELERATING THREAD CAPITAL'S IMPACT IN WESTERN NC.
2022
$250K
SHELLFISH GROWERS PROGRAM GRANT
2022
$23K
ECOSYSTEM GRANTS
2021
$28K
ECOSYSTEM GRANTS
2020

Funded by

$842K from 4 funders · 5 grants · 2020–2024

Dogwood Health Trust

$517K · 1 grant · 2022

Nc Idea

$50K · 2 grants · 2020–2021

Details

EIN831284532
NTEE codeS19
Subsection03
Ruling date2019-05
Formed2018
Employees0
Volunteers10
THREAD CAPITAL — Mission, Financials & Grants Received | Grantivo