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MIP Score

61

Community Building
NEC Community Improvement Support

Thread Capital

Mission

Ensuring nc's small businesses and entrepreneurs have access to the resources they need to thrive.

Basic Information

Tax-Exempt

Address

4021 Carya Dr, Raleigh, North Carolina, 27610

View all Raleigh charities

Founded in

2018

EIN

83-1284532

Total Assets

$11.37 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

61

58

/100

Program Expense Ratio

73.81%

10

/20

Program Revenue Growth

25.07%

18

/20

Leverage Ratio

0.267

12

/20

Working Capital Ratio

3.34

16

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants980.8K32.32%
Program Services117.6K3.88%
Investment Income1.936M63.80%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue3.034M100.00%