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Nonprofit · EIN 46-3914375

THREAD OF HOPE INC

Tax-exempt (reinstated) · WALTHAM, MA 02451

Financials

$40K$25K2023$41K$22K2024$25K$32K2025
Revenue Expenses · by fiscal year end
Financials of THREAD OF HOPE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$24,631$31,768-$7,137$28,494–$28,494
December 31, 2024990-EZ$40,777$22,048$18,729$35,631–$35,631
December 31, 2023990-EZ$40,181$25,479$14,702$16,902$0$16,902
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$16,357
Program service revenue
$7,181
Investment income
$1,093

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$650
Occupancy
$1,966
Printing, publications and postage
$145
Other expenses
$29,007
Program services (functional)
$7,451

Balance sheet and other

Total assets, start of year
$35,631
Total assets, end of year
$28,494
Total liabilities, end of year
–
Net assets, end of year
$28,494
Cash, savings and investments
$28,494
Gross receipts
$24,631

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
TERESA CITROFOUNDER & PRESIDENT20$0
ELLIANNA DESTINEE CITROTREASURER15$0
JUSTIN CITROVICE PRESIDENT15$0
990-EZ for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
TERESA CITROFOUNDER & PRESIDENT20$0
ELLIANNA DESTINEE CITROTREASURER15$0
JUSTIN CITROVICE PRESIDENT15$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
TERESA CITROFOUNDER & PRESIDENT20$0
ELLIANNA DESTINEE CITROTREASURER15$0
JUSTIN CITROVICE PRESIDENT15$0

Address and contacts

Address (IRS master file)
179 BEAR HILL ROAD, WALTHAM, MA 02451-1063
Mailing address (990-N for 2021)
4 CHANDLER STREET, MAYNARD MA 01754
Principal officer (990-N for 2021)
TERESA CITRO, 4 CHANDLER STREET, MAYNARD MA 01754
Signed the 990-EZ
TERESA CITRO, CEO
Phone
(781) 354-3750
Return prepared by
Darosa Tax And Business Services Inc

Mission

DEDICATED TO COLLABORATING AND INVESTING IN INNOVATIVE PROJECTS, BOTH DOMESTIC AND ABROAD, THAT HELP PROMOTE CHANGE.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • MISSION IS TO REACH OUT TO THE LIVES OF THE UNDERSERVEDAND UNDERREPRESENTED POPULATIONS.
    Expenses $7,451

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
46-3914375
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
2018
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$28,494
Income (IRS master file)
$24,631

Revocation and reinstatement

Exemption revoked
May 15, 2016
Posted by the IRS
October 10, 2016
Reinstated
Effective May 15, 2016

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$24,631$31,768$28,494XML
990-EZDecember 2024$40,777$22,048$35,631XML
990-EZDecember 2023$40,181$25,479$16,902XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: TERESA CITRO
December 31, 2021≤ $50,000 receipts––e-Postcard
990-EZDecember 2021–––IRS
990-N for 2020
Officer: Teresa Citro
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Teresa Citro
December 31, 2019≤ $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 46-3914375).

Questions about THREAD OF HOPE INC

What is the EIN of THREAD OF HOPE INC?
The employer identification number (EIN) of THREAD OF HOPE INC is 46-3914375.
Is THREAD OF HOPE INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective May 15, 2016.
Are donations to THREAD OF HOPE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THREAD OF HOPE INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of THREAD OF HOPE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THREAD OF HOPE INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of THREAD OF HOPE INC?
The 990-N for 2021 names TERESA CITRO.
Who are the officers and directors of THREAD OF HOPE INC?
The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does THREAD OF HOPE INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $24,631, expenses of $31,768 and total assets of $28,494 at year end.

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