Uncommon Thread
Uncommon Thread shows strong financial growth and zero reported officer compensation over a decade.
EIN: 205534878 · Stirling, NJ · NTEE: B28 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.7M |
| Total Expenses | $11.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $13M |
| Net Assets | $6.6M |
| Transparency Score | 95/100 |
Is Uncommon Thread Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Uncommon Thread directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Uncommon Thread
Uncommon Thread (EIN: 205534878) is a nonprofit organization based in Stirling, NJ, classified under NTEE code B28. The organization reported total revenue of $12.7M and total assets of $9.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Uncommon Thread's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Uncommon Thread is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 31.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.0M |
| Total Expenses | $11.9M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $8.4M |
| Total Liabilities | $1.7M |
| Net Assets | $6.6M |
| Operating Margin | 9.1% |
| Debt-to-Asset Ratio | 20.5% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2023, Uncommon Thread reported a surplus of $1.2M with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 20.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Uncommon Thread's revenue has grown at a compound annual growth rate (CAGR) of 31.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | +11.4% | +4.0% |
| 2022 | +6.9% | +16.2% | +28.3% |
| 2021 | +13.2% | +18.7% | +37.7% |
| 2020 | +18.8% | +12.5% | +57.7% |
| 2019 | +30.2% | +21.3% | +66.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Uncommon Thread with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Uncommon Thread allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.5%.
Executive Compensation Analysis
Uncommon Thread consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size ($13M+ revenue) and suggests either a volunteer-led executive team or compensation structured in a way not reported as officer compensation on the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Uncommon Thread's IRS 990 filings:
- Consistent 0% officer compensation for a large organization may warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Uncommon Thread:
- 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.
Frequently Asked Questions about Uncommon Thread
Is Uncommon Thread a legitimate charity?
Based on AI analysis of IRS 990 filings, Uncommon Thread (EIN: 205534878) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Uncommon Thread spend its money?
Uncommon Thread directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Uncommon Thread tax-deductible?
Uncommon Thread is registered as a tax-exempt nonprofit (EIN: 205534878). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Uncommon Thread CEO make?
Uncommon Thread's highest-compensated officer earns $13M annually. The organization reported $12.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Uncommon Thread's spending goes to programs?
Uncommon Thread directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Uncommon Thread compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Uncommon Thread is above average for NTEE category B28 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Uncommon Thread located?
Uncommon Thread is headquartered in Stirling, New Jersey and files with the IRS under EIN 205534878. It is classified under NTEE code B28.
How many years of IRS 990 filings does Uncommon Thread have?
Uncommon Thread has 13 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 $12.7M in total revenue.
Is Uncommon Thread a good charity?
Based on the provided financial data, Uncommon Thread appears to be a very good charity. It demonstrates strong financial growth, consistent positive net income, and a remarkable commitment to transparency with zero reported officer compensation over many years. Its assets have grown significantly, indicating sound financial management.
How has Uncommon Thread's revenue grown over time?
Uncommon Thread has experienced substantial revenue growth, increasing from $1,500,708 in 2014 to $13,034,172 in 2023, representing an increase of over 760% in less than a decade.
What is the trend in Uncommon Thread's assets?
The organization's assets have grown consistently and significantly, from $373,373 in 2014 to $8,363,691 in 2023, indicating strong financial health and accumulation of resources.
Does Uncommon Thread spend efficiently?
Yes, Uncommon Thread appears to spend efficiently. In 2023, its expenses were $11,853,882 against revenues of $13,034,172, indicating that a large portion of its revenue is used for its operations, with a healthy surplus. The absence of officer compensation further suggests efficient use of funds.
Filing History
IRS 990 filing history for Uncommon Thread showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Uncommon Thread's revenue has grown by 2554.7%, moving from $491K to $13.0M. Total assets increased by 6927.1% over the same period, from $119K to $8.4M. Total functional expenses rose by 2373.6%, from $479K to $11.9M. In its most recent filing year (2023), Uncommon Thread reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $8.4M in assets (debt-to-asset ratio: 20.5%), resulting in net assets of $6.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.0M | $11.9M | $8.4M | $1.7M | — | — |
| 2022 | $11.4M | $10.6M | $8.0M | $1.9M | — | View 990 |
| 2021 | $10.6M | $9.2M | $6.3M | $620K | — | View 990 |
| 2020 | $9.4M | $7.7M | $4.6M | $363K | — | — |
| 2019 | $7.9M | $6.9M | $2.9M | $370K | — | View 990 |
| 2018 | $6.1M | $5.7M | $1.7M | $252K | — | View 990 |
| 2017 | $4.5M | $4.2M | $1.3M | $277K | — | View 990 |
| 2016 | $3.3M | $2.9M | $1.0M | $277K | — | View 990 |
| 2015 | $2.4M | $2.2M | $664K | $307K | — | View 990 |
| 2014 | $1.5M | $1.6M | $373K | $288K | — | View 990 |
| 2013 | $711K | $744K | $196K | $61K | — | View 990 |
| 2012 | $456K | $544K | $57K | $20K | — | View 990 |
| 2011 | $491K | $479K | $119K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.0M, expenses of $11.9M, and assets of $8.4M (revenue +14.7% year-over-year).
- 2022: Revenue of $11.4M, expenses of $10.6M, and assets of $8.0M (revenue +6.9% year-over-year).
- 2021: Revenue of $10.6M, expenses of $9.2M, and assets of $6.3M (revenue +13.2% year-over-year).
- 2020: Revenue of $9.4M, expenses of $7.7M, and assets of $4.6M (revenue +18.8% year-over-year).
- 2019: Revenue of $7.9M, expenses of $6.9M, and assets of $2.9M (revenue +30.2% year-over-year).
- 2018: Revenue of $6.1M, expenses of $5.7M, and assets of $1.7M (revenue +34.6% year-over-year).
- 2017: Revenue of $4.5M, expenses of $4.2M, and assets of $1.3M (revenue +38.3% year-over-year).
- 2016: Revenue of $3.3M, expenses of $2.9M, and assets of $1.0M (revenue +36.4% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.2M, and assets of $664K (revenue +59.2% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.6M, and assets of $373K (revenue +110.9% year-over-year).
- 2013: Revenue of $711K, expenses of $744K, and assets of $196K (revenue +56.0% year-over-year).
- 2012: Revenue of $456K, expenses of $544K, and assets of $57K (revenue -7.1% year-over-year).
- 2011: Revenue of $491K, expenses of $479K, and assets of $119K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Uncommon Thread:
Data Sources and Methodology
This transparency report for Uncommon Thread 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.