Overview
What is Honduras Threads?
Honduras Threads is a compassionate nonprofit organization headquartered in Dallas, Texas. Their mission is to positively impact rural communities near Tegucigalpa, Honduras, by establishing five cooperatives. These cooperatives provide local women with an opportunity to generate income without the need to travel far from their homes. Honduras Threads has recently reactivated its events and fundraising initiatives following the pandemic. Their goal is to empower and uplift these communities through their work, pride, and faith.
Official website here: www.hondurasthreads.org
Is Honduras Threads legitimate?
Honduras Threads is a legitimate nonprofit organization registered as a 501(c)(3) entity. Honduras Threads submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Official website here: www.hondurasthreads.org
What is the mission statement of Honduras Threads?
Honduras Threads, a nonprofit organization, is committed to enhancing lives in rural communities near Tegucigalpa. Their mission is to establish five cooperatives, providing local women with an opportunity to generate income without having to leave their homes. The organization's objective is to strengthen communities through work, pride, and faith. After temporarily pausing due to the pandemic, Honduras Threads has resumed its events and fundraising initiatives this fiscal year, continuing its mission to uplift and empower these communities.
Official website here: www.hondurasthreads.org
Who is the CEO of Honduras Threads?
M'Lou Bancroft is the President of Honduras Threads.
Official website here: www.hondurasthreads.org
What is the revenue of Honduras Threads?
Honduras Threads's revenue in 2023 was $138,713.
Official website here: www.hondurasthreads.org
Who are the executives of Honduras Threads and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.hondurasthreads.org
Where can I find the form 990EZ for Honduras Threads?
Honduras Threads's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.hondurasthreads.org
Learn more at the official website: www.hondurasthreads.org
Mission Statement of Honduras Threads
Honduras Threads, a nonprofit organization, is on a mission to enhance lives in rural communities near Tegucigalpa, Honduras. Their primary objective is to establish five cooperatives, providing local women with a means of earning income without the need to leave their homes. By doing so, Honduras Threads seeks to empower these women and foster a sense of pride and faith within their communities. Following a pause due to the pandemic, Honduras Threads has resumed its events and fundraising initiatives this fiscal year, demonstrating its commitment to its mission.
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Impact
October, 2024
Honduras Threads significantly impacts rural communities near Tegucigalpa by empowering women through the establishment of cooperatives. This initiative provides opportunities for women to earn a sustainable income without leaving their homes, fostering economic independence and stability. By creating a supportive environment centered around work, pride, and faith, the organization helps women gain valuable skills and confidence, transforming not only their lives but also their families and communities. The recent resumption of events and fundraising efforts post-pandemic further amplifies their reach and effectiveness, reinforcing the vital support for these cooperatives and ensuring ongoing development in these underserved areas.
This information is meant to be a general summary of Honduras Threads. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $148,407
Assets and Liabilities:
- Total Assets: $21,909
- Total Liabilities: $9,702
- Net Assets: $12,207
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Organization Details
Phone
(214) 941-6626Principal Officer
M'Lou Bancroft
Main Address
938 W Greenbriar Lane, Dallas, TX, 75208
Website
www.hondurasthreads.orgNTEE Category
Code: P80 - Human services
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