Inspired-Threads Inc
Nonprofit profile at a glance
- EIN
- 832230781
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Belle Mead, NJ, USA
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Job Training
Reported finances
- Revenue
- $38,290
- Expenses
- $54,117
- Assets
- $60,096
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Jeanene Leppert (Executive Director)
People named in this filing
- Robin Cecere (Board Vice Chair)
- Jessica Schreiber (Board Member)
- Randi Orlow (Board Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to provide meaningful training and employment opportunities for women with disabilities in the eco-fashion industry. We teach practical skills such as serging sewing pressing and product construction to help our team create one-of-a-kind upcycled home goods like blankets tote bags and keepsakes using preconsumer fabric scraps that would otherwise go to landfills. In addition to production we run vocational programs for special education high school students and transition-age youth ages 1821 helping them build career-readiness skills and explore their creative potential. We also distribute unused fabric through giveaways to support other non-profits and local quilters designers and students encouraging sustainable textile reuse in our community.
What it reported doing in 2024
Vocational Training Program for Special Education Students - Expanding the reach of our employment mission the vocational training program provides job training opportunities to high school and transition-age students with intellectual disabilities. In 2024 we partnered with 5 local school districts offering support to 57 students through bi-monthly community-based sessions. We delivered 456 hours of vocational training and mentorship which included 268 hours of direct mentorship provided by our employment program participants. To further support the students 6 volunteers per session contributed to the programs success offering a combined total of 158 volunteer hours. This cross-program collaboration enhances both the employment programs goal of professional development and the vocational programs focus on job readiness for students. Expenses for the vocational program include the time invested by our mentors 268 hours as well as other program staffing and materials.
Operating model
- Revenue model
- Donor-supported. 77% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 100
- Sustainability: 28
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 76.2%; rating input score 76
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -41.3%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 1.11; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 76.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $41K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 15/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.