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Filing year 2023

THREAD INC

Baltimore, Maryland·EIN 84-1700955·NTEE O99 · Youth Development·501(c)(3)
Total revenue
$8.2M
Total assets
$14.6M
Total expenses
$9.1M
Reported officers
17
Mission

THREAD HARNESSES THE POWER OF RELATIONSHIPS TO CREATE A NEW SOCIAL FABRIC OF DIVERSE INDIVIDUALS DEEPLY ENGAGED WITH YOUNG PEOPLE FACING THE MOST SIGNIFICANT OPPORTUNITY AND ACHIEVEMENT GAPS. OUR COMMUNITY IS COMMITTED TO ENDING SOCIAL ISOLATION AND BUILDING A MORE EQUITABLE CULTURE IN WHICH EVERYONE THRIVES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Youth Development organizations nationwide.

CEO & Co-founder
Above 90th percentilevs Youth Development peers in Maryland
$243k
$267k
Base
$209k
Bonus
$24k
Other
$3k
Benefits
$494
EVP of Involvement
Executive Vice President
Median to 75th percentilevs all sectors nationwide
$194k
$213k
Base
$157k
Bonus
$15k
Other
Benefits
$16k
VP of Interaction
Board Vice President
Median to 75th percentile
$143k
$158k
Mng Director of Investment
Highest Compensated Employee
25th percentile to median
$133k
$146k
Director
Highest Compensated Employee
25th percentile to median
$124k
$136k
Director of Data Strategy & Ops
Highest Compensated Employee
25th percentile to median
$120k
$132k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Browse compensation in Youth Development

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THREAD INC equaled 3% of the organization's total expenses. The median for youth development organizations is 11%.

This organization (2023)
3%
Sector median
11%
Middle half of sector
5% to 21%

Based on 5,229 youth development organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 3%
from 2022

From $236k in 2022 to $243k in 2023.

$236k
2022
$243k
2023
In today's dollarsEst.
Down 1% in real terms$269k to $267k

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 3% from 2022 to 2023, while revenue fell 18%.

$236k in 2022 to $243k in 2023.
  • Board Vice President pay fell 26% from 2022 to 2023.
  • Highest Compensated Employee pay fell 19% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THREAD INC

What does the Chief Executive Officer of THREAD INC earn?

In 2023, the Chief Executive Officer of THREAD INC received $243,273 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Youth Development organizations in Maryland: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THREAD INC compare with similar nonprofits?

Compared with the same role at Youth Development organizations in Maryland, the 2023 pay of the Chief Executive Officer at THREAD INC falls in the top 10%. In 2023, the highest total compensation at THREAD INC equaled 3% of the organization's total expenses. The median for youth development organizations is 11%.

What are THREAD INC's revenue and expenses?

In 2023, THREAD INC reported $8.2M in total revenue and $9.1M in total expenses on its IRS Form 990.

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