NonprofitsThread Inc

Youth Development

Thread Inc

BALTIMORE, MD

Total revenue

$8.2M

Total expenses

$9.1M

Net assets

$13.9M

Grants received

$22.4M

213 grants

EIN

841700955

Tax year

2023

Mission

Supports young people facing the most significant opportunity and achievement gaps.

Financials

FY 2023

Revenue

Contributions & grants$8.0M
Program service revenue
Investment income$243K
Other revenue$24K
Total revenue$8.2M

Expenses

Grants paid
Salaries & benefits$6.5M
Fundraising$444K
Other expenses$2.6M
Total expenses$9.1M
Total assets$14.6M
Net assets$13.9M

People

17 listed

NameRoleCompensation

SARAH HEMMINGER

CEO & CO-FOUNDER

Board

$235K

60 hrs/wk

MARJORIE RODGERS CHESHIRE

BOARD MEMBER

Board

2 hrs/wk

MICHELLE LEFF

SECRETARY

Board

2 hrs/wk

AARON COPELAND

CHAIR

Board

8 hrs/wk

DESTINY-SIMONE RAMJOHN PHD

BOARD MEMBER

Board

2 hrs/wk

BARRY WILLIAMS

BOARD MEMBER

Board

2 hrs/wk

DHAUJEE ROSE

BOARD MEMBER

Board

2 hrs/wk

HEATHER BENZ

BOARD MEMBER

Board

2 hrs/wk

KRISHNA POTARAZU

TREASURER

Board

2 hrs/wk

CHERYL BOYER

BOARD MEMBER

Board

2 hrs/wk

RYAN HEMMINGER

BOARD MEMBER

Board

2 hrs/wk

JAN HOUBOLT

BOARD MEMBER

Board

2 hrs/wk

ALLISON BUCHALTER

EVP OF INVOLVEMENT

Staff

$172K

50 hrs/wk

CHARLES SMITH

VP OF INTERACTION

Staff

$133K

40 hrs/wk

ROLAND SELBY JR

MNG DIRECTOR OF INVESTMENT

Staff

$127K

40 hrs/wk

JOSEPH AZZARELLO

DIRECTOR

Staff

$118K

40 hrs/wk

JORDAN WAGNER

DIRECTOR OF DATA STRATEGY & OPS

Staff

$117K

40 hrs/wk

Independent contractors

PERFECTIVELY ME LIVING LLC

OPTIMIZE TEAM STRUCUTRES, POLICIES, PROC

$110K

Grants received

Showing 200 of 213

FromAmountPurposeYear
$405K
Youth Development
2024
$300K
GENERAL OPERATIONS
2024
$200K
EDUCATION
2024
$125K
YOUTH OPPORTUNITY
2024
$125K
To further the exempt purpose
2024
$100K
YOUTH ASSISTANCE
2024
$80K
SUPPORTING GRANT
2024
$50K
EDUCATION: SUPPORT COST-EFFECTIVE, SCHOOL-BASED AFTER-SCHOOL PROGRAMS.
2024
$45K
GENERAL PURPOSES
2024
$22K
GENERAL SUPPORT AND VARIOUS PROJECTS
2024
$10K
GENERAL SUPPORT
2024
$10K
THREAD MODEL EXPANSION
2024
$5K
GENERAL SUPPORT
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$4K
THREAD DEIJ TRAINING
2024
$3K
MATCHING GIFTS-PROGRAMMING
2024
$3K
GENERAL OPERATING GRANT
2024
$1K
CHARITABLE PURPOSES
2024
$1K
GENERAL SUPPORT
2024
$1K
GENERAL SUPPORT
2024
$2.5M
YOUTH DEVELOPMENT
2023
$652K
Youth Development
2023
$400K
GENERAL OPERATIONS
2023
$350K
TO SUPPORT THE GENERAL OPERATIONS OF THIS ORGANIZATION, WHICH PROVIDES INTENSIVE MENTORING SERVICES FOR HIGH SCHOOL STUDENTS EXPERIENCING BARRIERS TO LEARNING BOTH IN AND OUT OF THE CLASSROOM.
2023
$209K
For grant recipient's exempt purposes
2023
$200K
EDUCATION
2023
$154K
UNRESTRICTED
2023
$125K
To further the exempt purpose
2023
$80K
SUPPORTING GRANT
2023
$65K
HUMAN SERVICES
2023
$55K
YOUTH OPPORTUNITY
2023
$50K
EDUCATION: SUPPORT COST-EFFECTIVE, SCHOOL-BASED AFTER-SCHOOL PROGRAMS.
2023
$35K
GENERAL PURPOSES
2023
$25K
FOLLOW-ON FUNDING
2023
$20K
TO SUPPORT THE GENERAL OPERATIONS OF THE ORGANIZATION, WHICH SERVES BALTIMORE CITY YOUTH, AND IN RECOGNITION OF SARAH HEMMINGER SPEAKING MULTIPLE WEINBERG FOUNDATION EVENTS.
2023
$20K
AFTER SCHOOL PROGRAM
2023
$15K
GENERAL OPERATING
2023
$10K
GENERAL SUPPORT
2023
$10K
General & Unrestricted
2023
$10K
DESIGNATED AND OR GRANTED IN SUPPORT OF AGENCY PROGRAMS
2023
$5K
TO BE USED FOR THEIR GENERAL CHARITABLE PURPOSES
2023
$5K
GENERAL SUPPORT
2023
$5K
UNRESTRICTED GENERAL SUPPORT
2023
$5K
THE ART OF GATHERING
2023
$1K
General Operating Support
2023
$900
CHARITABLE CONTRIBUTION THROUGH THE MATCHING GIFTS PROGRAM
2023
$2.5M
YOUTH DEVELOPMENT
2022
$645K
Youth Development
2022
$636K
GENERAL OPERATING
2022
$400K
EDUCATION
2022
$201K
For grant recipient's exempt purposes
2022
$121K
UNRESTRICTED
2022
$100K
GENERAL OPERATIONS
2022
$100K
FOLLOW-ON FUNDING
2022
$80K
SUPPORTING GRANT
2022
$75K
COMMUNITY MODEL
2022
$50K
GENERAL SUPPORT
2022
$50K
YOUTH OPPORTUNITY
2022
$50K
GENERAL AND UNRESTRICTED
2022
$50K
EDUCATION: SUPPORT COST-EFFECTIVE, SCHOOL-BASED AFTER-SCHOOL PROGRAMS.
2022
$47K
GENERAL SUPPORT AND VARIOUS PROJECTS
2022
$40K
GENERAL PURPOSES
2022
$35K
SUBGRANT
2022
$25K
TO BE USED FOR THEIR GENERAL CHARITABLE PURPOSES
2022
$25K
GENERAL PURPOSE GRANT/CONTRIBUTIONS
2022
$20K
GENERAL OPERATING
2022
$15K
SUPPORT AND MENTORING YOUNG PEOPLE
2022
$15K
AFTER SCHOOL PROGRAM
2022
$15K
GENERAL OPERATING
2022
$10K
General & Unrestricted
2022
$10K
GENERAL OPERATING SUPPORT
2022
$10K
GENERAL OPERATING SUPPORT
2022
$9K
DESIGNATED AND OR GRANTED IN SUPPORT OF AGENCY PROGRAMS
2022
$8K
Education and Human Services
2022
$7K
CHARITABLE DONATION
2022
$6K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$5K
CHARITABLE
2022
$5K
GENERAL SUPPORT
2022
$1K
PROGRAM/OPERATING SUPPORT
2022
$1K
PROGRAM SUPPORT
2022
$1K
SHELTER, FOOD & CLOTHING
2022
$1K
CHARITABLE CONTRIBUTIONS TO ADVANCE THE MISSION OF THE ORGANIZATION
2022
$150
TO FURTHER EXEMPT PURPOSE
2022
$75
VOLUNTEER PROGRAM
2022
$207K
For grant recipient's exempt purposes
2021
$207K
For grant recipient's exempt purposes
2021
$123K
GENERAL OPERATING
2021
$100K
UNRESTRICTED
2021
$50K
EDUCATION: TUTORING AND MENTORING PROGRAM IN BALTIMORE PUBLIC SCHOOLS.
2021
$25K
GENERAL PURPOSE GRANT/CONTRIBUTIONS
2021
$15K
GENERAL OPERATING
2021
$15K
SUPPORT AND MENTORING YOUNG PEOPLE
2021
$10K
DESIGNATED AND OR GRANTED IN SUPPORT OF AGENCY PROGRAMS
2021
$9K
For recipient's exempt purpose
2021
$2K
RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATION
2021
$2M
YOUTH DEVELOPMENT
2020
$300K
EDUCATION
2020
$300K
TO SUPPORT THE GENERAL OPERATIONS OF THIS ORGANIZATION, WHICH PROVIDES INTENSIVE MENTORING SERVICES FOR HIGH SCHOOL STUDENTS EXPERIENCING BARRIERS TO LEARNING BOTH IN AND OUT OF THE CLASSROOM
2020
$270K
Youth Development
2020
$181K
GENERAL OPERATING
2020
$125K
To further the exempt purpose
2020
$100K
SUPPORTING GRANT
2020
$100K
GRANTS ARE TO BE USED IN ACCORDANCE WITH THE ESTABLISHED PURPOSE OF THE RECIPIENT ORGANIZATION.
2020
$100K
GRANTS ARE TO BE USED IN ACCORDANCE WITH THE ESTABLISHED PURPOSE OF THE RECIPIENT ORGANIZATION.
2020
$76K
UNRESTRICTED
2020
$75K
GENERAL OPERATING GRANT
2020
$56K
For grant recipient's exempt purposes
2020
$50K
FINANCIAL WELL-BEING
2020
$44K
GENERAL SUPPORT AND VARIOUS PROJECTS
2020
$30K
EDUCATION: TUTORING AND MENTORING PROGRAM IN BALTIMORE PUBLIC SCHOOLS.
2020
$18K
General & Unrestricted
2020
$15K
SUPPORT AND MENTORING UNDERPERFORMING HIGH SCHOOL STUDENTS
2020
$12K
Education
2020
$11K
Designated and or granted in support of agency programs
2020
$10K
GENERAL SUPPORT
2020
$10K
General & Unrestricted
2020
$8K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2020
$8K
GENERAL OPERATING
2020
$8K
GENERAL OPERATING
2020
$5K
GENERAL OPERATIONS
2020
$3K
Educational Programs
2020
$3K
SOCIAL EQUALITY SUPPORT
2020
$3K
CREATE A NEW SOCIAL FABRIC OF DIVERSE INDIVIDUALS DEEPLY ENGAGED WITH YOUNG PEOPLE FACING OPPORTUNITY AND ACHIEVEMENT GAPS
2020
$1K
SHELTER, FOOD & CLOTHING
2020
$277K
Creating Postsecondary Pathways for Thread Students
2019
$75K
GENERAL OPERATING GRANT
2019
$32K
For grant recipient's exempt purposes
2019
$25K
CHILDHOOD HUNGER PROGRAMS
2019
$9K
Designated and/or granted in support of agency programs
2019
$8K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2019
$5K
BIRDLAND COMMUNITY HERO
2019
$3K
CREATE A NEW SOCIAL FABRIC OF DIVERSE INDIVIDUALS DEEPLY ENGAGED WITH YOUNG PEOPLE FACING OPPORTUNITY AND ACHIEVEMENT GAPS
2019
$75K
GENERAL PURPOSE
2018

Funded by

$22.4M from 91 funders · 213 grants · 2017–2024

One8 Foundation

$7M · 3 grants · 2020–2023

Patricia And Mark Joseph Shelter

$2M · 1 grant · 2023

Silicon Valley Community Foundation

$2.0M · 4 grants · 2020–2024

The Abell Foundation Inc

$1.1M · 5 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$990K · 8 grants · 2017–2023

T Rowe Price Program For Charitable

$859K · 5 grants · 2020–2024

Sherman Family Foundation

$800K · 3 grants · 2022–2024

The Harry And Jeanette Weinberg

$670K · 3 grants · 2020–2023

Details

EIN841700955
NTEE codeO99
Subsection03
Ruling date2006-08
Formed2006
Employees83
Volunteers814
THREAD INC — Mission, Financials & Grants Received | Grantivo