B — EducationEIN: 834366226· Ruling Year: 2019

Project Threadways Inc

Florence, Alabama

B+Health Score
65B+

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.29×
Peer Median20.77×
💰
$240K
Total Revenue
📊
$200K
Total Expenses
🏦
$57K
Net Assets
📋
$10K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+384.0%
Year-over-year change (2022 → 2023)
Net Margin
+16.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.29
Net assets divided by total expenses
Liabilities-to-Assets
15.5%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$240,385↑384%$199,760↑309%$67,443↑287%
2022$49,662↑367%$48,784↑407%$17,431↑12%
2021$10,624↑28%$9,630↑152%$15,631↑6%
2020$8,280↓22%$3,827↑414%$14,788↑49%
2019$10,600$744$9,913

Frequently Asked Questions

What does Project Threadways Inc do?▼

Project Threadways Inc is a education nonprofit organization based in Alabama. It is classified under NTEE code B05 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Project Threadways Inc financially healthy?▼

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Project Threadways Inc.

How much revenue does Project Threadways Inc generate?▼

Project Threadways Inc reports $3.1M in annual revenue and holds $2.3M in total assets, based on IRS filings.

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