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Friends Of The Thread Trail Lagrange Ga Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813580329 ✦ Lagrange, GA ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Thread Trail Lagrange Ga Inc?

Friends of the Thread Trail Lagrange Ga Inc, established in August 2016, is a nonprofit organization that collaborates with local city and county leaders to construct The Thread, an eco-friendly trail. This trail, designed for non-motorized use, aims to enhance the community's health and wellness by providing a secure environment for fitness, recreation, transportation, and special events in Lagrange, Georgia. The trail is meant to cater to a variety of activities, fostering a sense of community and promoting active lifestyles.


Official website here: www.thethreadtrail.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating

Friends Of The Thread Trail Lagrange Ga Inc has achieved an impressive score of 96% on Charity Navigator, indicating a strong performance in accountability and finance. This rating reflects the organization's commitment to transparent and efficient financial management, as evidenced by its perfect score in various accountability metrics, including an independent board and robust financial policies.

The nonprofit features a fully independent board of directors, which enhances its governance practices. With 11 independent members, the organization has established a solid foundation for decision-making that prioritizes the mission and operational integrity. Additionally, the high program expense ratio of 90.30% suggests that a significant portion of its funding is directed towards its initiatives, rather than administrative costs.

While the organization demonstrates strong fiscal responsibility and governance, there are no noted limitations in the data provided. The rating underscores its effectiveness in managing resources and maintaining transparency, making it a trustworthy option for potential donors and supporters looking to contribute to its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of The Thread Trail Lagrange Ga Inc legitimate?

Friends Of The Thread Trail Lagrange Ga Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Thread Trail Lagrange Ga Inc submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thethreadtrail.org

What is the mission statement of Friends Of The Thread Trail Lagrange Ga Inc?

Friends of the Thread Trail Lagrange Ga Inc, established in August 2016, collaborates with local leaders to construct the Thread, an eco-friendly, non-motorized trail. The purpose of this trail is threefold: to promote physical fitness, recreation, and transportation, as well as to serve as a venue for special events. By providing a secure environment in Lagrange, Ga, the trail aims to enhance the overall health and wellness of the community. The organization's mission is to contribute to this initiative, ultimately fostering a healthier and more active community.


Official website here: www.thethreadtrail.org

Who is the CEO of Friends Of The Thread Trail Lagrange Ga Inc?

Natalie Hale is the Principal Officer of Friends Of The Thread Trail Lagrange Ga Inc.


Official website here: www.thethreadtrail.org

What is the revenue of Friends Of The Thread Trail Lagrange Ga Inc?

Friends Of The Thread Trail Lagrange Ga Inc's revenue in 2023 was $731,246.


Official website here: www.thethreadtrail.org

Who are the executives of Friends Of The Thread Trail Lagrange Ga Inc and what are their salaries?


Here are 11 key members and their salaries:


Curtis Brown Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Magby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Arrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendra Devane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Mallory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Hudson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Rhodes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Cook (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Miller (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Metcalf (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Ragland (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thethreadtrail.org

Where can I find the form 990 for Friends Of The Thread Trail Lagrange Ga Inc?

Friends Of The Thread Trail Lagrange Ga Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thethreadtrail.org

Learn more at the official website: www.thethreadtrail.org

Mission Statement of Friends Of The Thread Trail Lagrange Ga Inc

Friends of the Thread Trail Lagrange Ga Inc, established in August 2016, collaborates with local city and county leaders to implement the plan for constructing The Thread. This environmentally sensitive, non-motorized trail is designed to enhance the health and wellness of the community in Lagrange, GA. The trail serves multiple purposes, including providing a secure environment for fitness, recreation, transportation, and special events. The mission of Friends of the Thread Trail Lagrange Ga Inc is to contribute to the community's betterment by overseeing the construction and maintenance of this trail, thereby encouraging a healthier and more active lifestyle for its residents.

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Impact




July, 2024

Friends of the Thread Trail Lagrange, GA Inc's impact is significant in promoting the health and wellness of the community in Lagrange, GA. By partnering with city and county leaders to construct the Thread, an environmentally sensitive, non-motorized, multipurpose trail, the organization provides a safe environment for fitness, recreation, transportation, and special events. This helps to enhance the quality of life for residents by encouraging physical activity, fostering community engagement, and promoting sustainable transportation options.




This information is meant to be a general summary of Friends Of The Thread Trail Lagrange Ga Inc. 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.

Revenue
$731,246 (2023)
Expenses
$199,661 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $8,467
  • Gross Receipts: $754,716

Assets and Liabilities:

  • Total Assets: $1,325,777
  • Total Liabilities: $15,264
  • Net Assets: $1,310,513

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Organization Details

Founding Year

2016

Principal Officer

Natalie Hale

Main Address

PO BOX 19, LAGRANGE, GA, 30241

NTEE Category

Code: N30 - Recreation

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