Community Thread EIN 41-0967271

Community Thread FY2020 filing

EIN  41-0967271 Public charity (501(c)(3)) Stillwater, MN Founded 1972
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Encourages and aids community volunteerism by offering resources.
Leadership
Sally Anderson · Executive Director · $75K
Money in and out
$927K revenue, $902K expenses
Bottom line
78% program efficiency

Encourages and aids community volunteerism by offering resources. For fiscal year 2020 it reported $927K in revenue, $902K in expenses, and $662K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$927K
Pt VIII · Ln 12
Total expenses
$902K
Pt IX · Ln 25
Net assets
$662K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $25K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.16 Fundraising $0.06
Program efficiency
78%
of spending reaches programs
Operating runway
4.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$927K
FY2020
Expenses
$902K
FY2020
Total assets
$801K
FY2020
Total liabilities
$139K
FY2020
Total revenue
$927K
Pt VIII · Ln 12
Total expenses
$902K
Pt IX · Ln 25
Net assets
$662K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$25K
Total assetsPt X · Ln 16$801K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416
Mission & Programs · Part III

Where the work happens

3 program services account for $704K of program spending, described in the organization's own filed words · FY2020.
01

Volunteer Center and Holiday Hope

The Volunteer Center serves individuals and organizations through four primary functions: connecting people to opportunities to serve through a searchable database of volunteer opportunities; building capacity for local volunteering by providing training and support in volunteer management to local nonprofit organizations; promoting…

$271Kprogram expense
02

Chore Services and Transportation Program

The Chore Services and Transportation Program was established to assist older adults and individuals with disabilities living in the Stillwater Area. By engaging volunteers, Chore Services helps fill requests for basic home maintenance assistance, such as window washing, gardening, minor indoor repairs, and cleaning, with the goal of…

$250Kprogram expense
03

Senior Centers

Stillwater and Bayport: The Senior Centers serve as a hub of senior activity in the St. Croix Valley Area. They provide a focal point for high quality programs and activities, which enhance the well-being of older adults.

$183Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCommunity Thread
EINHdr · item D41-0967271
Principal addressHdr · item CStillwater, MN
WebsiteHdr · item Jwww.communitythread.org
Year of formationHdr · item L1972
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P81Z)
Ruling yearIRS BMFOct 1972

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b16
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$74,700Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Derrick Jaeger’s $111K as Executive Director is at the 46th percentile of top reported officer pay among 3863 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Sally Anderson$133,131$90,498$81,324$74,385$74,700
Derrick Jaeger$111,458

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$898K · 97%
Other revenue$14K · 2%
Program service revenue$12K · 1%
Contributions & grants97%$898K
Other revenue2%$14K
Program service revenue1%$12K
Investment income$3K
— government grantsLn 1e$675K
Total revenueLn 12$927K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.16 Fundraising $0.06
Program services78%$704K
Management & general16%$141K
Fundraising6%$58K
Total functional expensesLn 25$902K

Balance Sheet

Part X · end of year
CashLn 1$258K
Total assetsLn 16$801K
Total liabilitiesLn 26$139K
Total net assetsLn 32$662K
Months of cash on handcomputed3.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $258K · Operating expenses (Pt IX) $902K · Less non-cash grants $184K · Cash operating expenses/yr $718K
4.3 months
Where the money goes
Program services
Program services $704K · Total expenses $902K
78%
Management & General
Management & general $141K · Total expenses $902K
16%
Fundraising
Fundraising $58K · Total expenses $902K
6%
Cost to raise $1
Fundraising expense $58K · Solicited contributions $223K
$0.26 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $898K · Total revenue $927K
97%
Government reliance
Government grants $675K · Total revenue $927K
73%
Earned-income share
Program service revenue $12K · Total revenue $927K
1%
Investment reliance
Investment income $3K · Total revenue $927K
0%
Program self-sufficiency
Program service revenue $12K · Total expenses $902K
1%
Growth & trend
Revenue growth (YoY)
This year $927K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $662K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $927K · Expenses $902K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $801K
Net-asset ratio
Net assets $662K · Total assets $801K
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $801K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sally Anderson · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $75K · Total expenses $902K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $499K · Total expenses $902K
55%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 16%
Fundraising cost ratio 6%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.3M revenue · ⤓ 990 PDF
FY2024$1.1M revenue · ⤓ 990 PDF
FY2023$1.0M revenue · ⤓ 990 PDF
FY2022$1.1M revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$927K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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