SEED CHARITIES dba THREADS OF HOPE (EIN 264580974) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Phone

9726185306

Tax Period

2020-01-01 to 2020-12-31

SEED CHARITIES dba THREADS OF HOPE, founded in 2009, is a micro nonprofit that reported $3K in total revenue in fiscal year 2020. Revenue fell 103% from the prior year — a significant decline worth monitoring.

Mission

The mission of Threads of Hope is to break the cycle of poverty through strategies that empower the economically disadvantaged.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $37,283

Program Service Revenue $54,845

Investment Income $9

Other Revenue $-95,293

TOTAL REVENUE $-3,156

Expense Breakdown

Grants Paid $0

Salaries & Benefits $52,065

Fundraising Expenses $0

Program Expenses $92,898

Other Expenses $41,492

TOTAL EXPENSES $93,557

Year-over-Year Comparison

	2020	2019	Change
Revenue	$-3,156	$119,421	-1.0%
Expenses	$93,557	$153,454	-0.4%
Net Income	$-96,713	$-34,033	+1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kim Nimon	President	5.00	Officer Director	$0	$0	$0
Istvan Palagyi	Director	5.00	Director	$0	$0	$0
Laura Palagyi	Treasurer	10.00	Officer Director	$0	$0	$0
Bob Nimon	Director	5.00	Director	$0	$0	$0
Diana Kalinowska	Director	5.00	Director	$0	$0	$0
Rosalie Mayo	Director	5.00	Director	$0	$0	$0
Cynthia M Rawn	Project Director	40.00		$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2020	$-3,156	$93,557	No data	$-96,713
2019	$119,421	$153,454	$242,545	$-34,033
2018	$163,112	$176,104	$297,429	$-12,992
2018	$163,112	$176,104	$297,429	$-12,992

SEED CHARITIES dba THREADS OF HOPE