San Antonio Threads
EIN: 813461678 · San Antonio, TX · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $2.0M |
| Net Assets | $1.2M |
Is San Antonio Threads Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About San Antonio Threads
San Antonio Threads (EIN: 813461678) is a nonprofit organization based in San Antonio, TX, classified under NTEE code P30. The organization reported total revenue of $1.3M and total assets of $355K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of San Antonio Threads's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
San Antonio Threads is a mid-size nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2018–2022). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $485K |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-1,559,294 |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | -321.7% |
| Months of Reserves | 7.1 months |
Financial Health Grade: B
In 2022, San Antonio Threads reported a deficit of $1.6M with expenses exceeding revenue, holds 7.1 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2018–2022), San Antonio Threads's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -82.9% | -8.3% | -56.2% |
| 2021 | +268.5% | +46.1% | +27.8% |
| 2020 | -75.8% | +149.0% | -25.0% |
| 2019 | +538.6% | +201.7% | +792.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for San Antonio Threads has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates San Antonio Threads with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.6M, with expenses exceeding revenue.
Frequently Asked Questions about San Antonio Threads
Is San Antonio Threads a legitimate charity?
San Antonio Threads (EIN: 813461678) is a registered tax-exempt nonprofit based in Texas. It has 5 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: B.
How does San Antonio Threads spend its money?
San Antonio Threads reported $1.3M in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to San Antonio Threads tax-deductible?
San Antonio Threads is registered as a tax-exempt nonprofit (EIN: 813461678). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is San Antonio Threads located?
San Antonio Threads is headquartered in San Antonio, Texas and files with the IRS under EIN 813461678. It is classified under NTEE code P30.
How many years of IRS 990 filings does San Antonio Threads have?
San Antonio Threads has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.
Filing History
IRS 990 filing history for San Antonio Threads showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2018–2022), San Antonio Threads's revenue has declined by 2.8%, moving from $499K to $485K. Total assets increased by 274.3% over the same period, from $325K to $1.2M. Total functional expenses rose by 906.6%, from $203K to $2.0M. In its most recent filing year (2022), San Antonio Threads reported a deficit of $1.6M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $485K | $2.0M | $1.2M | $0 | — | — |
| 2021 | $2.8M | $2.2M | $2.8M | $0 | — | View 990 |
| 2020 | $771K | $1.5M | $2.2M | $8K | — | — |
| 2019 | $3.2M | $613K | $2.9M | $3K | — | View 990 |
| 2018 | $499K | $203K | $325K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $485K, expenses of $2.0M, and assets of $1.2M (revenue -82.9% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.2M, and assets of $2.8M (revenue +268.5% year-over-year).
- 2020: Revenue of $771K, expenses of $1.5M, and assets of $2.2M (revenue -75.8% year-over-year).
- 2019: Revenue of $3.2M, expenses of $613K, and assets of $2.9M (revenue +538.6% year-over-year).
- 2018: Revenue of $499K, expenses of $203K, and assets of $325K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for San Antonio Threads:
Data Sources and Methodology
This transparency report for San Antonio Threads is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.