Public Charity

COMMON THREAD COMMUNITY

COMMON THREAD COMMUNITY is a nonprofit organization categorized as Public Charity based in HOMEWOOD, AL. Its most recent IRS filing (2024) reports revenue of $709K, expenses of $566K, total assets of $3.8M. Imperigo tracks 18 reported grant relationships connected to this organization totaling approximately $514K.

EIN: 453731519 HOMEWOOD, AL Latest filing: 2024
Total Revenue$709K
Total Expenses$566K
Total Assets$3.8M
Grant Records18
Funding Total$514K
Filing Years2019–2024

Mission

A COMMUNITY ON MISSION TOGETHER TO REACH THE LOST & POOR. WE DO THIS THROUGH MARKETPLACE ACTIVITIES & COMMUNITY AND SOCIOECONOMIC INVOLVEMENT. WE CREATE SPACES WHERE NONPROFITS & MISSION-DRIVEN ENTREPRENEURS GROW WHILE MEETING THE NEEDS OF RESIDENTS IN UNDERSERVED COMMUNITIES.

Officers & Directors

BOARD MEMBER Jeffrey Huey
BOARD CHAIR Libby Lassiter
PRESIDENTTREASURER Nicholas Crawford

Officer compensation and complete director data available with membership.

Top Grant Purposes

GROWTH
$326,330 7 grants
COMMUNITY DEVELOPMENT
$94,500 2 grants
GENERAL SUPPORT
$25,000 1 grant
PUBLIC, SOCIETAL BENEFIT
$13,000 1 grant
HUMAN SERVICES
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $709K $566K $3.8M
2023 $1.5M $1.7M $1.8M
2022 $2.6M $2.5M $3.5M
2020 $2.4M $2.1M $1.2M
2019 $2.1M $2.1M $961K

Between 2019 and 2024, reported annual revenue declined from $2.1M to $709K (-66%), with total assets most recently reported at $3.8M.

Interactive year-over-year charts and full filing details available with membership.

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