Nonprofit · EIN 83-4366226
PROJECT THREADWAYS INC
Tax-exempt · FLORENCE, AL 35630
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,140,072 | $1,671,191 | $1,468,881 | $2,311,014 | $121,992 | $2,189,022 |
| December 31, 2024 | 990 | $2,013,689 | $1,350,575 | $663,114 | $799,646 | $79,542 | $720,104 |
| December 31, 2023 | 990 | $240,385 | $199,760 | $40,625 | $67,443 | $10,453 | $56,990 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,905,051
- Program service revenue
- $0
- Investment income
- $42,720
- Net income from fundraising events
- $192,301
- Other revenue
- $192,301
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $593,135
- Salaries, compensation and benefits (total)
- $772,512
- Professional fundraising fees
- $0
- Accounting fees
- $19,010
- Occupancy
- $89,668
- Travel
- $125,909
- Depreciation
- $29,083
- Program services (functional)
- $1,235,501
- Management and general (functional)
- $256,780
- Fundraising (functional)
- $178,910
Balance sheet and other
- Total assets, start of year
- $799,646
- Total assets, end of year
- $2,311,014
- Total liabilities, end of year
- $121,992
- Net assets, end of year
- $2,189,022
- Land, buildings and equipment
- $30,141
- Net assets without donor restrictions
- $2,189,022
- Gross receipts
- $3,140,072
- Employees
- 24
- Year formed
- 2019
- State of legal domicile
- AL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NATALIE CHANIN | EXECUTIVE DI Trustee or director, Officer | 40 | $86,669 |
| CORINNE ALLEN | CO-CHAIR Officer | – | $0 |
| JESSICA TURNER | DIRECTOR Officer | – | $0 |
| JUDITH WINDFREY | CO-CHAIR Officer | – | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NATALIE CHANIN | EXECUTIVE DIRECTOR Officer, Key employee, Highest-paid employee | 40 | $85,366 |
| JESSICA TURNER | DIRECTOR Officer, Key employee | 40 | $76,996 |
| RINNE ALLEN | CO-CHAIRMAN Trustee or director, Officer | 3 | $0 |
| JUDITH WINFREY | CO-CHAIRMAN Trustee or director, Officer | 3 | $0 |
| MELISSA HALL | BOARD MEMBER Trustee or director | 3 | $0 |
| CARRIE BARSKE-CRAWFORD | BOARD MEMBER Trustee or director | 3 | $0 |
| ANSLEY QUIROS | BOARD MEMBER Trustee or director | 3 | $0 |
| JIMMY SHAW | BOARD MEMBER Trustee or director | 3 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NATALIE CHANIN | CHAIRMAN AND EXECUTIVE DIRECT Officer | 40 | $65,980 |
| JESSICA TURNER | DIRECTOR Officer | 40 | $8,260 |
Address and contacts
- Address (IRS master file)
- 462 LANE DR, FLORENCE, AL 35630-6321
- In care of
- % NATALIE CHANIN
- Principal officer (990 for 2025)
- NATALIE CHANIN, 1030 OLIVE STREET, FLORENCE, AL 35630
- Signed the 990
- NATALIE CHANIN, EXECUTIVE DIRECTOR
- Phone
- (256) 760-1090
- Return prepared by
- PATTERSON PRINCE AND ASSOCIATES PC
Mission
THE CORPORATION IS ORGANIZED TO RECORD, MAKE STUDIES, TEACH AND EXPLORE THE HISTORY OF THE TEXTILE INDUSTRY IN NORTH ALABAMA. TO PROMOTE AND ADVANCE THE PURPOSES AND OBJECTIVES OF THE CORPORATION, TO RAISE FUNDS AND SUPPORT.
Program accomplishments
- THE ORGANIZATION DOCUMENTS, STUDIES AND INTERPRETS HISTORY, COMMUNITY AND POWER THROUGH THE LENS OF FASHION AND TEXTILES. FROM RAW MATERIAL TO FINISHED GOODS, WE SEEK TO UNDERSTAND THE IMPACT OF TEXTILES ON OUR COMMUNITY, NATION AND WORLD.Expenses $1,235,501
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-4366226
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B05)
- Assets (IRS master file)
- $2,311,014
- Income (IRS master file)
- $3,140,072
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,140,072 | $1,671,191 | $2,311,014 | IRS |
| 990 | December 2024 | $2,013,689 | $1,350,575 | $799,646 | XML |
| 990 | December 2023 | $240,385 | $199,760 | $67,443 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-4366226).
Questions about PROJECT THREADWAYS INC
- What is the EIN of PROJECT THREADWAYS INC?
- The employer identification number (EIN) of PROJECT THREADWAYS INC is 83-4366226.
- Is PROJECT THREADWAYS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to PROJECT THREADWAYS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROJECT THREADWAYS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PROJECT THREADWAYS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROJECT THREADWAYS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PROJECT THREADWAYS INC?
- The 990 for the year ended December 31, 2025 names NATALIE CHANIN.
- Who are the officers and directors of PROJECT THREADWAYS INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $86,669 (NATALIE CHANIN, EXECUTIVE DI).
- How much revenue does PROJECT THREADWAYS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,140,072, expenses of $1,671,191 and total assets of $2,311,014 at year end.
Other nonprofits in FLORENCE
- UNIVERSITY OF NO ALA FOUNDATION EIN 63-0814488 · last filed 990 for 2025
- HERITAGE CHRISTIAN UNIVERSITY EIN 23-7013287 · last filed 990 for 2025
- RIVERHILL SCHOOL EIN 63-0797633 · last filed 990 for 2025
- 1830 FOUNDATION EIN 99-2259960 · last filed 990 for 2025
- SHOALS SCHOLAR DOLLARS FOUNDATION INC EIN 27-4752544 · last filed 990 for 2025
- UNIVERSITY OF NORTH ALABAMA SPORTSMANS CLUB EIN 63-0572062 · last filed 990 for 2025
- FLORENCE LIBRARY FOUNDATION INC EIN 94-3420777 · last filed 990-PF for 2025
- FREDERICK N MEYER ORTHOPEDIC RESIDENTS FUND EIN 82-5489189 · last filed 990-EZ for 2025