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Florida · Nonprofit

Rethreaded Inc

Rethreaded Inc (Florida) receives grants from 61 organizations whose IRS filings report $3,047,954 to it, the largest being THE JENSEN PROJECT INC ($735,000). 33 of them have funded it in more than one year.

Revenue FY2025
$2.2M
Funders on record
61
Grants received
$3.0M
Net assets
$4.3M
33/61 repeat funderspeak grant-dependency 34%
01What it does

What Rethreaded Inc does

Mission

The organization's mission is to harness the power of business to create choices for survivors of human trafficking.

As stated on its FY2025 Form 990.

Program

  1. Rethreaded provides employment to women in the Jacksonville, Florida area who are coming out of lives of addiction, violence, human trafficking, and prostitution. Many of these women leave prison with felony records which create significant challenges to employment. Rethreaded is a safe place where woman are paid a living wage and employed in five different areas at Rethreaded included marketing, administration and finance, production, inventory, and sales. Locally, the organization has directly helped many women in the Jacksonville area through employment at Rethreaded. The organization also provides an initial 3-month paid job training program where after completion the women continue employment at Rethreaded and specialize in one of the five areas listed above. During the training period, Rethreaded works with the employee to identify an area in the organization where she will thrive. The goal is to help employees develop valuable job skills and a renewed sense of confidence so they can become leaders and advocates in the organization and the community.

    $1,284,521 spent$676,623 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,284,521.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($657k) Expenses 100 ($632k) Net assets 100 ($331k)2018 Revenue 135 ($887k) Expenses 149 ($942k) Net assets 87 ($288k)2020 Revenue 281 ($1.8M) Expenses 239 ($1.5M) Net assets 212 ($703k)2021 Revenue 593 ($3.9M) Expenses 185 ($1.2M) Net assets 1037 ($3.4M)2022 Revenue 401 ($2.6M) Expenses 298 ($1.9M) Net assets 1263 ($4.2M)2023 Revenue 342 ($2.2M) Expenses 332 ($2.1M) Net assets 1308 ($4.3M)2024 Revenue 329 ($2.2M) Expenses 334 ($2.1M) Net assets 1324 ($4.4M)2025 Revenue 336 ($2.2M) Expenses 357 ($2.3M) Net assets 1310 ($4.3M)
'17'18'20'21'22'23'24'25
Revenue (336)Expenses (357)Net assets (1310)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $1.1M to $3.7M (+239%).

$394k
$418k
$1.1M
$3.7M
$4.5M
$4.7M
$4.7M
$4.7M
'17'18'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 4% · 2022 6% · 2023 18% · 2024 12% · 2025 25%. Grants only. Government contracts and fees sit inside program revenue.

70% of Rethreaded Inc’s revenue is contributions — about as donation-reliant as the typical peer (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$25k
’17
−$55k
’18
$335k
’20
$2.7M
’21
$746k
’22
$150k
’23
$54k
’24
−$48k
’25
5.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Kristin Keen

Founder and CEO

Board chair

Karen Bowden

Chairman

As listed on its FY2025 Form 990.

'17'18'20'21'22'23'24'25
Listed915111711121412
Joined·+12·+6+1+2+5+1
No longer listed·6·07133
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 12 funders to 30 funders, grant income rose $44k → $767k.

11 of 61 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 38% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Rethreaded Inc’s funders (the co-funder graph). Top 30 of 61 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Rethreaded Inc has a broad base — no single funder exceeds 24% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

67% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Rethreaded Inc.

24%
largest funder
47%
top three
~10
effective funders

Largest funder’s share by year: 2017 23% · 2018 46% · 2019 17% · 2020 27% · 2021 52% · 2022 31% · 2023 29% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

38% of Rethreaded Inc's funders are still giving 3 years after their first grant; 54% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

53% of Rethreaded Inc's grant income comes from Florida funders.

MN
IL
NY
IN
OH
NJ
NE
MO
DE
NC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $1.2M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Rethreaded Inc is better cushioned than half of the 6,891 human services nonprofits its size.

Operating margin−2% · below the median
Months of reserve5.2mo · above the median
Revenue growth (annualized)16% · above the median

this organization peer median middle 50% of peers· 6,891 human services nonprofits $1M–$10M, FY2025

Government funding Rethreaded Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3k on record.

State$3k
Top programs
  • REFUNDS - GENERAL $3k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Rethreaded Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

57% of spending goes to programs.

Program 57%Management 29%Fundraising 14%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Rethreaded Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Rethreaded Inc?
Rethreaded Inc (Florida) receives grants from 61 organizations whose IRS filings report $3,047,954 to it, the largest being THE JENSEN PROJECT INC ($735,000). 33 of them have funded it in more than one year.
How many funders does Rethreaded Inc have?
IRS filings report 61 organizations giving $3,047,954 in grants to Rethreaded Inc, 33 of which have funded it in more than one year.
Who is the largest funder of Rethreaded Inc?
THE JENSEN PROJECT INC is the largest funder on record, with $735,000 in grants. The full list of funders is on this page.
How can an organization like Rethreaded Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Rethreaded →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 61 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing