Project Threadways
Florence, Alabama
B+Health Score
65B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org0.29×
Peer Median20.77×
💰
$240K
Total Revenue
📊
$200K
Total Expenses
🏦
$57K
Net Assets
📋
$10K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+384.0%
Year-over-year change (2022 → 2023)
Net Margin
+16.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.29
Net assets divided by total expenses
Liabilities-to-Assets
15.5%
Total liabilities as % of total assets
Filing History
5 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $240,385↑384% | $199,760↑309% | $67,443↑287% | — |
| 2022 | $49,662↑367% | $48,784↑407% | $17,431↑12% | — |
| 2021 | $10,624↑28% | $9,630↑152% | $15,631↑6% | — |
| 2020 | $8,280↓22% | $3,827↑414% | $14,788↑49% | — |
| 2019 | $10,600 | $744 | $9,913 | — |
Frequently Asked Questions
What does Project Threadways do?▼
Project Threadways is a education nonprofit organization based in Alabama. It is classified under NTEE code B05 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Project Threadways financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Project Threadways.
How much revenue does Project Threadways generate?▼
Project Threadways reports $2.0M in annual revenue and holds $800K in total assets, based on IRS filings.