CAROLINA THREAD TRAILClosed
Closed
Income Statement
Fiscal Year Start:
Jan 1
Closed
This organization closed in 2022. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.
Revenues in 2022
$337,577
Contributions
>99%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2022
$9,811,944
Grants
85%
Fees to Service Providers
15%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Other
0%
Revenues
2021
2022
Change
Contributions
$2,557,287
$337,575
-87%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$35
$0
-100%
Other
$267,504
$2
-100%
Total Revenues
$2,824,826
$337,577
-88%
Expenses
2021
2022
Change
Grants
$321,520
$8,386,205
+2508%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$999,963
$1,425,739
+43%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$0
$0
-
Total Expenses
$1,321,483
$9,811,944
+642%
Net income
2021
2022
Change
Net income
+$1,503,343
-$9,474,367
-730%
Functional Expenses
Summary
2021
2022
Change
Program
$1,269,810
$9,782,170
+670%
Admin
$48,020
$27,669
-42%
Fundraising
$3,653
$2,105
-42%
Total Expenses
$1,321,483
$9,811,944
+642%
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