FLORENCE, AL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PROJECT THREADWAYS INC, founded in 2019, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 738% from the prior year, signaling strong growth momentum. The organization ran a surplus of $663K, a strong 33% operating margin.
THE CORPORATION IS IS ORGANIZED TO RECORD, MAKE STUDIES, TEACH AND EXPLORE THE HISTORY OF THE TEXTILE INDUSTRY IN NORTH ALABAMA. TO PROMOTE AND ADVANCE THE PURPOSES AND OBJECTIVES OF THE CORPORATION, TO RAISE FUNDS AND SUPPORT.
THE ORGANIZATION DOCUMENTS, STUDIES, AND INTERPRETS HISTORY, COMMUNITY, AND POWER THROUGH THE LENS OF FASHION AND TEXTILES. FROM RAW MATERIAL TO FINISHED GOODS, WE SEEK TO UNDERSTAND THE IMPACT OF...
THE ORGANIZATION DOCUMENTS, STUDIES, AND INTERPRETS HISTORY, COMMUNITY, AND POWER THROUGH THE LENS OF FASHION AND TEXTILES. FROM RAW MATERIAL TO FINISHED GOODS, WE SEEK TO UNDERSTAND THE IMPACT OF TEXTILES ON OUR COMMUNITY, NATION, AND WORLD.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,013,689 | $240,385 | +7.4% |
| Expenses | $1,350,575 | $199,760 | +5.8% |
| Net Income | $663,114 | $40,625 | +15.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| NATALIE CHANIN | EXECUTIVE DIRECTOR | 40.00 |
Officer
Key Emp
Highest
|
$85,366 | $0 | $85,366 |
| JESSICA TURNER | DIRECTOR | 40.00 |
Officer
Key Emp
|
$76,996 | $0 | $76,996 |
| RINNE ALLEN | CO-CHAIRMAN | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JUDITH WINFREY | CO-CHAIRMAN | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| MELISSA HALL | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| CARRIE BARSKE-CRAWFORD | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| ANSLEY QUIROS | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| JIMMY SHAW | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,013,689 | $1,350,575 | $799,646 | $663,114 |
| 2023 | $240,385 | $199,760 | $67,443 | $40,625 |
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