Nonprofit · EIN 46-1695943
PEACE OF THREAD INCORPORATED
Tax-exempt · GRAYSON, GA 30017
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $15,861 | $69,699 | -$53,838 | $9,188 | $36,421 | -$27,233 |
| December 31, 2023 | 990 | $52,300 | $103,951 | -$51,651 | $27,246 | $641 | $26,605 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $13,948
- of which government grants
- $13,948
- Program service revenue
- $0
- Investment income
- $0
- Net income from sales of inventory
- $1,913
- Other revenue
- $1,913
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $19,373
- Other salaries and wages
- $20,123
- Salaries, compensation and benefits (total)
- $42,517
- Professional fundraising fees
- $0
- Accounting fees
- $409
- Occupancy
- $7,264
- Travel
- $1,579
- Program services (functional)
- $69,699
Balance sheet and other
- Total assets, start of year
- $27,246
- Total assets, end of year
- $9,188
- Total liabilities, end of year
- $36,421
- Net assets, end of year
- -$27,233
- Net assets without donor restrictions
- -$27,233
- Gross receipts
- $100,160
- Employees
- 3
- Year formed
- 2014
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENISE SMITH | PRESIDENT Officer | 40 | $19,373 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENISE SMITH | PRESIDENT Officer | 40 | $24,432 |
Address and contacts
- Address (IRS master file)
- 195 AMBERBROOK CIR, GRAYSON, GA 30017-1822
- In care of
- % DENISE SMITH
- Mailing address (990-N for 2013)
- 195 Amberbrook Circle, Grayson GA 30017
- Principal officer (990 for 2024)
- DENISE SMITH, 195 AMBERBROOK CIRCLE, GRAYSON, GA 30017
- Principal officer (990-N for 2013)
- Denise Smith, 195 Amberbrook Circle, Grayson GA 30017
- Signed the 990
- DENISE SMITH, PRESIDENT
- Phone
- (678) 707-2780
- Website
- www.peaceofthread.com
- Return prepared by
- ATTAWAY LINVILLE PC
Mission
TO EMPLOY UNEMPLOYABLE WOMEN IN VULNERABLE POPULATIONS, PROVIDING THEM WITH INCOME, PRACTICE USING ENGLISH, AND JOB SKILLS
Program accomplishments
- MAKING HIGH QUALITY BAGS TO EMPLOY UNEMPLOYABLE WOMEN IN VULNERABLE POPULATIONS, PROVIDING THEM WITH INCOME, PRACTICE USING ENGLISH, AND JOB SKILLSExpenses $27,930
- MAKING HIGH QUALITY BAGS TO EMPLOY UNEMPLOYABLE WOMEN IN VULNERABLE POPULATIONS, PROVIDING THEM WITH INCOME, PRACTICE USING ENGLISH, AND JOB SKILLSExpenses $41,769
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-1695943
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P84)
- Assets (IRS master file)
- $9,188
- Income (IRS master file)
- $100,160
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $15,861 | $69,699 | $9,188 | IRS |
| 990 | December 2023 | $52,300 | $103,951 | $27,246 | XML |
| 990 | December 2022 | $99,265 | $83,651 | $78,897 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
| 990-N for 2013 Officer: Denise Smith | December 31, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-1695943).
Questions about PEACE OF THREAD INCORPORATED
- What is the EIN of PEACE OF THREAD INCORPORATED?
- The employer identification number (EIN) of PEACE OF THREAD INCORPORATED is 46-1695943.
- Is PEACE OF THREAD INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to PEACE OF THREAD INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PEACE OF THREAD INCORPORATED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PEACE OF THREAD INCORPORATED due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PEACE OF THREAD INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PEACE OF THREAD INCORPORATED?
- The 990 for the year ended December 31, 2024 names DENISE SMITH.
- Who are the officers and directors of PEACE OF THREAD INCORPORATED?
- The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $19,373 (DENISE SMITH, PRESIDENT).
- How much revenue does PEACE OF THREAD INCORPORATED have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $15,861, expenses of $69,699 and total assets of $9,188 at year end.
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