Living Threads EIN 46-1944634 Form 990 (PDF) Claim this org

Living Threads

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Creates memory quilts for grieving families and supports impoverished children globally. For fiscal year 2025 it reported $281K in revenue, $249K in expenses, and $375K in net assets.Pt I

Type
Religious organization · Religion
Location
Zeeland, MI
Website
www.livingthreadsministry.org
Filings
6 on file (2020–2025)
Revenue
$281KFY2025
Expenses
$249K
Net assets
$375K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  46-1944634 Religious organization Zeeland, MI
Form 990 (PDF)
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Size
$100K–1M
What they do
Creates memory quilts for grieving families and supports impoverished children globally.
Leadership
Jill Dannenberg · President · $76K
Money in and out
$281K revenue, $249K expenses
Bottom line
42% program efficiency
Where the money goes · FY2025
Total revenue
$281K
Pt VIII · Ln 12
Total expenses
$249K
Pt IX · Ln 25
Net assets
$375K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $32K
Where spending went · Part IX cols B–D
Program services $0.42 Management & general $0.29 Fundraising $0.29
Program efficiency
42%
of spending reaches programs▼ -43% vs prior filing year
Operating runway
16.9mo
months of highly liquid reserves at operating expense rate▲ +41% vs prior filing year
Surplus margin
+11%
revenue over expenses, this year▲ +735% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$281K
FY2025▼ -15%
Expenses
$249K
FY2025▼ -24%
Total assets
$375K
FY2025▲ +9%
Total liabilities
$-36
FY2025▼ -113%
Total revenue
$281K
Pt VIII · Ln 12
Total expenses
$249K
Pt IX · Ln 25
Net assets
$375K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$32K
Total assetsPt X · Ln 16$375K
Program-expense ratioPt IX · col B42%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLiving Threads
EINHdr · item D46-1944634
Principal addressHdr · item CZeeland, MI
WebsiteHdr · item Jwww.livingthreadsministry.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X99)
Ruling yearIRS BMFJun 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
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
$76,442Pt 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
Secretary
$0Pt VII · Sec A

Jill Dannenberg’s $76K as President is at the 76th percentile of top reported officer pay among 2136 $100K–1M religion 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jill Dannenberg$76,442$71,150$65,000$53,000$46,108$44,530

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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Mission & Programs · Part III

Where the work happens

1 program service account for $104K of program spending, described in the organization's own filed words · FY2025.
01

Living threads is used by god to minister to the grieving, volunteers and students, and provide financial assistance to poor and needy children of the world.

$104Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$134K · 48%
Program service revenue$62K · 22%
Other revenue$50K · 18%
Investment income$34K · 12%
Contributions & grants48%$134K
Program service revenue22%$62K
Other revenue18%$50K
Investment income12%$34K
Total revenueLn 12$281K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.42 Management & general $0.29 Fundraising $0.29
Program services42%$104K
Management & general29%$72K
Fundraising29%$73K
Total functional expensesLn 25$249K

Balance Sheet

Part X · end of year
CashLn 1$350K
Total assetsLn 16$375K
Total liabilitiesLn 26$-36
Total net assetsLn 32$375K
Months of cash on handcomputed16.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $350K · Operating expenses/yr $249K
16.9 months
Where the money goes
Program services
Program services $104K · Total expenses $249K
42%
Management & General
Management & general $72K · Total expenses $249K
29%
Fundraising
Fundraising $73K · Total expenses $249K
29%
Cost to raise $1
Fundraising expense (3-yr avg) $48K · Solicited contributions (3-yr avg) $145K
$0.33 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $134K · Total revenue $281K
48%
Government reliance
Government grants — · Total revenue $281K
Earned-income share
Program service revenue $62K · Total revenue $281K
22%
Investment reliance
Investment income $34K · Total revenue $281K
+12%
Program self-sufficiency
Program service revenue $62K · Total expenses $249K
25%
Growth & trend
Revenue growth (YoY)
This year $281K · Prior year $331K
-15%
Revenue CAGR
FY2020 $207K · FY2025 $281K
+6%
Net-asset trend (YoY)
End of year $375K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $281K · Expenses $249K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $375K
Net-asset ratio
Net assets $375K · Total assets $375K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $375K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jill Dannenberg · Reported title PRESIDENT · Highest reported compensation $76K · Total expenses $249K
31%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $147K · Total expenses $249K
59%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 42%
Overhead ratio 29%
Fundraising cost ratio 55%
Revenue growth -15%
Legal fee ratio 0.07%
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 · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$22K
Grants paid · 6 grants · $183K · 2020–2025
International NeedsMI · FY2025$15,000
International NeedsMI · FY2024$36,059
International NeedsMI · FY2023$35,664
International NeedsMI · FY2022$28,550
International NeedsMI · FY2021$43,889
International NeedsMI · FY2020$23,784

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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)$281K revenue · viewing · ⤓ 990 PDF
FY2024$331K revenue · ⤓ 990 PDF
FY2023$358K revenue · ⤓ 990 PDF
FY2022$319K revenue · ⤓ 990 PDF
FY2021$343K revenue · ⤓ 990 PDF
FY2020$207K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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