2021-10-27T11:30:14-07:00 2020-12-31 990EZ 2020-01-01 474054831 THREADED ThreadED Fashion for a Future THRE 6173409414 PO Box 202 West Newton MA 02465 Laurel Sgan Treasurer 6173409414 2021-05-05 1 11 0 AAL2 X 2020 2022-09-23 18:48:47Z X X www.threadedma.org X X 38644 X 5935 0 0 0 0 0 0 0 0 0 0 24872 8489 16383 7837 30155 18076 0 10900 0 0 0 5311 34287 -4132 61559 0 57427 X 51398 50282 0 0 10161 7186 61559 57468 0 41 61559 57427 ThreadED's primary exempt purpose is to fund college scholarships for low income students in Massachusetts. ThreadED also fund long term mentoring for college students and internships in the nonprofit sector for high school and college students. In 2020, ThreadED funded 12 need-based scholarships in partnership with uAspire, another 501(c)3 nonprofit. 13200 0 ThreadED also funded an internship to research, develop, write and present a business plan. 1876 0 Due to pandemic, ThreadED made $3000 in donations for food insecurity to Greater Boston Food Bank and Newton Food Pantry. 3000 0 0 Gail Harris President 20 5400 0 0 Laurel Sgan-Kibel Treasurer 20 5400 0 0 X 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 MA Laurel Sgan-Kibel PO Box 202 West Newton MA 02465 6173409414 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 18440 47052 7415 6800 7741 87448 16404 25609 39300 21713 28965 131991 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 34844 72661 46715 28513 36706 219439 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 219439 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 34844 72661 46715 28513 36706 219439 X Schedule A, Part III, Line 12 All the nonprofit's support is included in line 9 - the direct cash contributions, the in-kind donations, and the gross receipts from the sale of those in-kind donations for the 2020 year. Form 990-EZ, Part I, Line 8 Description;Amount^Valuation of donated items for resale;7837^Total;7837^ Form 990-EZ, Part I, Line 10 College scholarships - $13,200 Internships - $1876 Food bank donations during COVID - $3,000 Form 990-EZ, Part I, Line 16 $5311 is the total of expenses from FY2020 to run the organization, including: website domain fees, online accounting software access, sales supplies, advertising, membership dues to regional chamber of commerce, professional development, and storage supplies. $33 of that is postage box rental Form 990-EZ, Part II, Line 24 Other assets are the current valuation of the contributed clothing and other items ThreadED receives from charitable individual and business donors. Form 990-EZ, Part II, Line 26 $41 difference is miscellaneous outstanding expenditures that will be reconcilled in 2021. Form 990-EZ, Part V, Line 34 ThreadED changed its fiscal year to the calendar year. It was formerly 7/1 - 6/30 We have mailed in our 990-EZ for FY20 three times to the IRS stated location for filing. According to the IRS online database, our form has not been uploaded. We have tried numerous times to reach the helpline for nonprofits at IRS over the past 1.5 years and have never got through. We are filing electronically to demonstrate our due diligence on this matter and avoid getting in trouble.