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Threads of Hope Africa, Inc. Organization Name provided in the GuideStar Exchange* as of 05/03/2012: Threads of Hope Africa, Inc.

Organization Name as listed in the IRS Business Master File as of 06/09/2014: THREADS OF HOPE AFRICA INC

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

AKA  Threads Africa
Irvine, CA
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GuideStar Summary

&1002; GuideStar Exchange Committed to transparency ?
This organization is a Bronze-level GuideStar Exchange participant, demonstrating its commitment to transparency.

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&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is not available
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Basic Organization Information

Threads of Hope Africa, Inc. Organization Name provided in the GuideStar Exchange* as of 05/03/2012: Threads of Hope Africa, Inc.

Organization Name as listed in the IRS Business Master File as of 06/09/2014: THREADS OF HOPE AFRICA INC

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Also Known As: Threads Africa
Physical Address: Irvine, CA 92602 
EIN: 26-1872708
Web URL: www.threadsafrica.org 
NTEE Category: X Religion, Spiritual Development
X20 Christian
W Public, Society Benefit
W70 Leadership Development
G Disease, Disorders, Medical Disciplines
G81 AIDS
Ruling Year: 2008 
How This Organization Is Funded: Volunteers


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Mission Statement

Engaging the people of the United States to bring hope to those living in poverty and those infected and affected by lack of education and poverty and HIV/AIDS in Africa.

Legitimacy Information

This organization is registered with the IRS.

This organization is not required to file an annual return with the IRS.

Institutional funders should note that an organization’s inclusion on GuideStar.org does not satisfy IRS Rev. Proc. 2011-33 for identifying supporting organizations.

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Annual Revenue & Expenses (IRS Form 990, January 2011)

Fiscal Year Starting: January 01, 2011
Fiscal Year Ending: December 31, 2011

Total Revenue $208,115
Total Expenses $203,107

Revenue & Expenses

Revenue and expense information has not been provided by the nonprofit. Click here if you are associated with this organization and want to provide this information.

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Balance Sheet (IRS Form 990)

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Forms 990 Received from the IRS Additional Information
IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar website is an ongoing process.

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Forms 990 Provided by the Nonprofit

Financial Statements

Audited Financial Statement is not available for this organization.

Annual Reports

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Leadership

(GuideStar Exchange,
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May 2012)

Dave Coen

Term:

Since Jan 2007

Profile:

Dave Coen has been leading the Threads teams and organization on trips to South Africa throughout it's development since inception in 2004 To date more than 250 people have traveled to Kayamandi South Africa

Board Chair (GuideStar Exchange,
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May 2012)

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Board Co-Chair

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Board of Directors (GuideStar Exchange,
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May 2012)

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Board Leadership Practices (GuideStar Exchange,
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May 2012)
?

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Response Not Provided
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
Response Not Provided
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Response Not Provided
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Response Not Provided
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
Response Not Provided

Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

Highest Paid Employee data is not available for this organization.

People information was last updated by the nonprofit in May 2012

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The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

Programs

Program: (GuideStar Exchange,
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May 2012)

Budget:
--
Category:
Population Served:

Program Description:

Eight Faith Adventures to South Africa and Malawi since late 2004 with approximately 165 volunteers. Vacation Bible School over 700 children. Established "Build a Better Shack" / "Tapestry Homes" with Hope Builders. First Tapestry Home prototype built in July 2007. Photo Legacy Project-over 1,000 photos presented to families. Child Sponsorship- over 800 in Kayamandi and Malawi. Over 1,000 pairs of shoes distributed. Over 800 Soccer balls given out. 1,900 pairs of girls underwear given out. A sewing ministry funded and supported. Tent business founded. Multiple Fund Raisers raising $100,000. 98% of proceeds directly benefiting Kayamandi and at-risk children. Five outings affirming 25 AIDS Counselors eqach time. Three celebration events honoring 40 pastors' wives. Facilitated negotiation of lease for new Kuyasa Center on the Watergang property. Funded and began property improvements at Watergang. Set-up a networked computer lab in Kuyasa Center with 14 working computers.

Program Long-Term Success:

Set-up a networked computer lab in Kuyasa Center with 14 working computers.

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

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Impact Summary from the Nonprofit

This organization has not provided an impact summary.
GuideStar Exchange - Bronze Participant What is this?
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

Reviews

Organization Data Available

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