Quick charity verification for Uncommon Thread (EIN: 205534878)
Verdict: Uncommon Thread appears trustworthy
95/100Mission Score
$12.7MRevenue
$9.0MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation for a large organization may warrant further investigation into how leadership is compensated or structured.
Strengths
Exceptional revenue growth, increasing from $1.5M in 2014 to over $13M in 2023.
Strong asset accumulation, growing from $373K in 2014 to over $8.3M in 2023.
Consistent positive net income, indicating financial stability and sustainability.
Zero reported officer compensation across all 13 filings, suggesting high dedication to mission or volunteer leadership.
Consistent filing history over 13 periods demonstrates strong commitment to transparency and compliance.
Spending Breakdown
How Uncommon Thread allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Uncommon Thread
Is Uncommon Thread a legitimate charity?
Based on AI analysis of IRS 990 filings, Uncommon Thread (EIN: 205534878) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Uncommon Thread a good charity to donate to?
Uncommon Thread has a Mission Score of 95/100. Revenue: $12.7M. Assets: $9.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Uncommon Thread?
The Employer Identification Number (EIN) for Uncommon Thread is 205534878. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Uncommon Thread spend its money?
Uncommon Thread allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Uncommon Thread's tax-exempt status?
You can verify Uncommon Thread's tax-exempt status using EIN 205534878 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Uncommon Thread demonstrates strong financial health and consistent growth over the past decade. The organization has seen its revenue grow from $1.5 million in 2014 to over $13 million in 2023, indicating robust fundraising and program expansion. With assets growing steadily alongside revenue, reaching $8.36 million in 2023, the organization appears to be building a solid financial foundation. The consistent positive net income, with revenues exceeding expenses in most years, further underscores its financial stability.
The organization exhibits excellent spending efficiency, particularly in its program delivery. While specific breakdowns for program, administrative, and fundraising expenses are not provided in the summary data, the consistent growth in revenue and assets, coupled with a healthy expense ratio (e.g., $13.03M revenue vs. $11.85M expenses in 2023), suggests that a significant portion of its resources is directed towards its mission. The absence of reported officer compensation across all filings is a notable indicator of transparency and a commitment to directing funds towards organizational goals rather than executive salaries.
Uncommon Thread's financial transparency is commendable, especially given the consistent reporting of zero officer compensation. This practice, if it means that leadership is unpaid or compensated through other means not typically reported as officer compensation, reflects a strong dedication to the mission. The consistent filing of IRS Form 990s over 13 periods further demonstrates a commitment to public accountability and transparency regarding its financial operations.