Public Charity

THREAD CAPITAL INC

THREAD CAPITAL INC is a nonprofit organization categorized as Public Charity based in RALEIGH, NC. Its most recent IRS filing (2025) reports revenue of $1.6M, expenses of $4.5M, total assets of $11.7M. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $275K.

EIN: 831284532 RALEIGH, NC Latest filing: 2025
Total Revenue$1.6M
Total Expenses$4.5M
Total Assets$11.7M
Grant Records2
Funding Total$275K
Filing Years2021–2025

Mission

THREAD CAPITAL BELIEVES EVERYONE DESERVES THE CHANCE TO BE SUCCESSFUL. WE GIVE PEOPLE THE TOOLS THEY NEED TO PURSUE THEIR SMALL-BUSINESS DREAMS, AND CREATE A BETTER TOMORROW FOR THEMSELVES, THEIR FAMILIES, AND THEIR COMMUNITIES.

Officers & Directors

DIRECTOR Al Bass
CHAIRPERSON Andy Anderson
DIRECTOR (TO DEC '24) Brittany Bennett Weston
COO Carolyn Rhodes
CFO & ASST TREASURER Franklin Roberts
DIRECTOR Grant Godwin

Officer compensation and complete director data available with membership.

Top Grant Purposes

SHELLFISH GROWERS PROGRAM GRANT
$250,000 1 grant
GENERAL SUPPORT
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.6M $4.5M $11.7M
2024 $7.2M $3.0M $16.0M
2023 $3.0M $2.5M $11.4M
2022 $1.5M $2.6M $11.0M
2021 $3.6M $2.1M $10.5M

Between 2021 and 2025, reported annual revenue declined from $3.6M to $1.6M (-55%), with total assets most recently reported at $11.7M.

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

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