San Antonio Threads (EIN 813461678) - 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

2015

Legal Domicile

Principal Officer

Cathy Hamilton

Phone

2102188064

Tax Period

2022-08-01 to 2023-07-31

San Antonio Threads, founded in 2015, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2022. Revenue surged 161% from the prior year, signaling strong growth momentum. Expenses of $2.1M exceeded revenue, resulting in a 68% operating deficit.

Mission

Mission is to provide free new clothing in a safe and nurturing shopping experience for deserving teens. Target age group is 12-21 years of age; to include teens in foster care, teens that have aged out of foster care, homeless teens, or otherwise deserving teens.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,264,801

Program Service Revenue $0

Investment Income $537

Other Revenue $0

TOTAL REVENUE $1,265,338

Expense Breakdown

Grants Paid $0

Salaries & Benefits $556,306

Fundraising Expenses $0

Program Expenses $1,051,658

Other Expenses $1,568,502

TOTAL EXPENSES $2,124,808

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,265,338	$484,695	+1.6%
Expenses	$2,124,808	$2,043,989	+0.0%
Net Income	$-859,470	$-1,559,294	-0.4%

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

$72,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHY HAMILTON	PRESIDENT	60.00	Officer	$72,000	$0	$72,000
JOSH SIMS	TREASURER	0.00	Officer	$0	$0	$0
LARRY CRADFORD	SECRETARY	0.00	Officer	$0	$0	$0
KATHY BRUCE	MEMBER AT LARGE	0.00	Officer	$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
2023	$1,265,338	$2,124,808	$355,176	$-859,470
2022	$484,695	$2,043,989	$1,214,646	$-1,559,294
2021	$2,839,063	$2,228,201	$2,773,940	$610,862
2020	$770,506	$1,525,574	$2,171,333	$-755,068
2019	$3,184,146	$612,621	$2,896,867	$2,571,525

San Antonio Threads