COMMON THREAD COMMUNITY

EIN: 453731519 501(c)(3) Human Services

HOMEWOOD, AL

Total Revenue
$709,288
Total Expenses
$565,792
Total Assets
$3,840,815
Net Assets
$838,852
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
AL
Principal Officer
NICHOLAS CRAWFORD
Phone
9014852468
Tax Period
2024-01-01 to 2024-12-31

COMMON THREAD COMMUNITY, founded in 2011, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2018. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $1.8M left a modest 10% surplus.

Mission

A COMMUNITY ON MISSION TOGETHER TO REACH THE LOST & POOR. WE DO THIS THROUGH MARKETPLACE ACTIVITIES & COMMUNITY AND SOCIOECONOMIC INVOLVEMENT. WE CREATE SPACES WHERE NONPROFITS & MISSION-DRIVEN ENTREPRENEURS GROW WHILE MEETING THE NEEDS OF RESIDENTS IN UNDERSERVED COMMUNITIES.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $538,363
Program Service Revenue $170,925
Investment Income $0
Other Revenue $0
TOTAL REVENUE $709,288

Expense Breakdown

Grants Paid $0
Salaries & Benefits $196,860
Fundraising Expenses $0
Program Expenses $480,102
Other Expenses $368,932
TOTAL EXPENSES $565,792

Year-over-Year Comparison

2024 2023 Change
Revenue $709,288 $1,548,680 -0.5%
Expenses $565,792 $1,657,077 -0.7%
Net Income $143,496 $-108,397 -2.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
2
Employees
9
Volunteers
250

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
3
$41,697
Total Directors
3
$41,697
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICHOLAS CRAWFORD PRESIDENTTREASURER 40.00
Officer Director
$41,697 $0 $41,697
JEFFREY HUEY BOARD MEMBER 10.00
Officer Director
$0 $0 $0
LIBBY LASSITER BOARD CHAIR 10.00
Officer Director
$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
2024 $709,288 $565,792 $3,840,815 $143,496
2023 $1,548,680 $1,657,077 $1,830,609 $-108,397
2022 $2,590,892 $2,548,577 $3,477,690 $42,315
2021 $2,580,946 $2,413,766 $1,568,654 $167,180
2020 $2,375,405 $2,058,083 $1,234,993 $317,322
2019 $2,077,409 $2,072,194 $961,178 $5,215
2018 $2,036,657 $1,828,273 $949,692 $208,384
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