LIVING THREADS

EIN: 461944634 501(c)(3) Religion

ZEELAND, MI

Total Revenue
$281,298
Total Expenses
$249,286
Total Assets
$374,538
Net Assets
$374,574
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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
2013
Legal Domicile
MI
Principal Officer
JILL DANNENBERG
Phone
6167486505
Tax Period
2025-01-01 to 2025-12-31

LIVING THREADS, founded in 2013, is a small nonprofit in the Religion sector that reported $281K in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year. Expenses of $249K left a modest 11% surplus.

Mission

TO SHARE THE LOVE OF JESUS BY PROVIDING PURPOSEFUL COMMUNITY FOR VOLUNTEERS AND TO MEET THE SPIRITUAL AND PHYSICAL NEEDS OF IMPOVERISHED CHILDREN.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $134,149
Program Service Revenue $62,379
Investment Income $34,428
Other Revenue $50,342
TOTAL REVENUE $281,298

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $147,206
Fundraising Expenses $73,393
Program Expenses $103,595
Other Expenses $87,080
TOTAL EXPENSES $249,286

Year-over-Year Comparison

2025 2024 Change
Revenue $281,298 $330,597 -0.1%
Expenses $249,286 $326,089 -0.2%
Net Income $32,012 $4,508 +6.1%
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

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Governance

Voting Members
7
Independent Members
7
Employees
6
Volunteers
23

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
$76,442
Total Directors
7
$76,442
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JILL DANNENBERG PRESIDENT 40.00
Officer Director
$76,442 $0 $76,442
JODI DEROO CHAIR 1.00
Officer Director
$0 $0 $0
MARK ISMOND DIRECTOR 1.00
Director
$0 $0 $0
CLAIRE ROTMAN DIRECTOR 1.00
Director
$0 $0 $0
DON VANDENBRINK DIRECTOR 1.00
Director
$0 $0 $0
DAVE WRIGHT DIRECTOR 1.00
Director
$0 $0 $0
ANNE MIEDEMA SECRETARY 1.00
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
2025 $281,298 $249,286 $374,538 $32,012
2024 $330,597 $326,089 $342,847 $4,508
2023 $358,239 $312,217 $338,387 $46,022
2022 $319,225 $275,506 $292,333 $43,719
2021 $342,630 $257,328 $248,601 $85,302
2020 $207,200 $229,962 $187,431 $-22,762
2019 $244,160 $220,663 $186,900 $23,497
2018 $217,744 $216,453 $162,421 $1,291
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