ONE THREAD PROJECT INC: Form 990EZ, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ONE THREAD PROJECT INC (EIN 88-1982104)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-08
- IRS object ID
- 202413139349202101
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-08T01:51:23-00:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 621813735 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Group Inc | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2451 Atrium Way Suite 300 | AddressLine1Txt |
| City | Nashville | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37214 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 881982104 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The One Thread Project Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ONET | BusinessNameControlTxt |
| Phone | 4024406388 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2800 Jackson Drive | AddressLine1Txt |
| City | Lincoln | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 68502 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David Campbell | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 4024406388 | PhoneNum |
| Signature | 2024-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Andrew D Payne EA | PreparerPersonNm |
| PTIN | P02188892 | PTIN |
| Phone | 6153619445 | PhoneNum |
| Preparation | 2024-11-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Website Address | https//www.onethreadproject.org/ | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $173,879 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $171,452 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $49 | ProgramServiceRevenueAmt |
| Investment Income | $805 | InvestmentIncomeAmt |
| Fundraising Gross Income | $1,573 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $7,737 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | -$6,164 | SpecialEventsNetIncomeLossAmt |
| Total Revenue | $166,142 | TotalRevenueAmt |
| Fees And Other Pymt To Ind Cntrct | $6,714 | FeesAndOtherPymtToIndCntrctAmt |
| Printing Publications Postage | $293 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $62,149 | OtherExpensesTotalAmt |
| Total Expenses | $69,156 | TotalExpensesAmt |
| Excess Or Deficit For Year | $96,986 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $147,657 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $244,643 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,657 | BOYAmt |
| EOY | $244,643 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,657 | BOYAmt |
| EOY | $244,643 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,657 | BOYAmt |
| EOY | $244,643 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | Education, Literacy, Training and Ministry | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | The One Thread Project exists to bring sewing vocational education, language literacy, business training, mentorship, and the hope of Jesus Christ to the women and children of Kinshasa, DR Congo. | DescriptionProgramSrvcAccomTxt |
| Program Service Expenses | $39,739 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $39,739 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| David Campbell | ||
| President | 001.00 | $0 |
| Lisa Glathar | ||
| Secretary | 001.00 | $0 |
| Kirstin Ricketts | ||
| Treasurer | 001.00 | $0 |
| Kevin Johnson | ||
| Director | 001.00 | $0 |
| Emmanuel Bukasa | ||
| Director | 001.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | NE | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACS Financial LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 537 West Gourley St | AddressLine1Txt |
| City | Lincoln | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 68521 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4028534105 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $31,288 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $171,452 | CurrentTaxYearAmt |
| Total | $202,740 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $31,288 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $171,452 | CurrentTaxYearAmt |
| Total | $202,740 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $202,740 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $805 | CurrentTaxYearAmt |
| Total | $805 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $1,573 | CurrentTaxYearAmt |
| Total | $1,573 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $205,118 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $49 | GrossReceiptsRltdActivitiesAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
| Public Support CY170 | 0.00000 | PublicSupportCY170Pct |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Annual Fundraiser | Event1Nm |
| Gross Receipts Event1 | $23,418 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $23,418 | CharitableContriEvent1Amt |
| Rent Facility Costs Event1 | $4,000 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $3,058 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $300 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $379 | OtherDirectExpensesEvent1Amt |
| Event2 | Volleyball Tournament | Event2Nm |
| Gross Receipts Event2 | $1,104 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $1,104 | GrossRevenueEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $469 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $469 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $24,991 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $23,418 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $1,573 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $4,000 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $3,058 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $300 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $379 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $7,737 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$6,164 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990-EZ, Part I, Line 16, Other Expenses | Travel 6,630 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Meals and entertainment 144 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Merchant Processing Fees 1,254 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Advertising Promotion 6,588 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Bank Service Charges 409 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Foreign Transaction Fees 334 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Congo Expenses 39,739 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Miscellaneous 130 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Office Supplies 2,105 |
| Form 990-EZ, Part I, Line 16, Other Expenses | IT -- Software 2,216 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Taxes Licenses 28 |
| Form 990-EZ, Part I, Line 16, Other Expenses | Fundraising 2,572 |