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OPEN THREADS F/K/A ESPERANZA THREADS INC

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Public IRS 990 nonprofit record

OPEN THREADS F/K/A ESPERANZA THREADS INC

EIN 34-1921602 · Job Training (J22)

What they do

Open Threads Operates An Industrial Sewing Job Training and Job Placement Program for Low-income Individuals, Including Clevelanders and Migrant Refugees New to The City, and Operates As An Organic Clothing Manufacturer and Retailer. The Mission is to Provide Sewing Training Leading to Good-quality Jobs, to Assist Individuals Facing Barriers to Employment In Supporting A Family, and to Help Them Build Careers Through Hands-on Instruction On Industrial Sewing Machines.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $64.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

58.02%of revenue went to mission work64.8% of expenses · Program services
$89.50spent for every $100 of revenueRevenue covered expenses this year.
$0.40in assets for every $1 spent this yearSome assets cannot be spent right away.
70.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $31,999 for KEREM GENCER (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$143,162
Mission workProgram services$83,05858.02% of revenue64.8% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$128,12489.50% of revenue

The uncolored part of the ring is revenue above these reported expenses.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202564.8% mission
202446.1% mission
202373.4% mission
202280.0% mission
202179.8% mission
202086.7% mission
201984.6% mission
201879.4% mission

Money in and money out

Revenue$143,162
Expenses$128,124
Annual surplus $15,038 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$83,058 · 64.8% of expenses
See all reported dollar amounts
Revenue$143,162
Expenses$128,124
Assets$51,114
Income$155,119
Contributions$100,504
Mission work (program services)$83,058
People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
KEREM GENCEREXECUTIVE DIRECTOR · 40 hrs/week $31,999
CHARLES POINTDEXTERBOARD MEMBER (RESIGNED 3/2025) · 1 hrs/week $19,200

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (7)

KEREM GENCEREXECUTIVE DIRECTOR

CHARLES POINTDEXTERBOARD MEMBER (RESIGNED 3/2025)

ADAM KINGBOARD MEMBER

CASSANDRA SIRLBOARD MEMBER (RESIGNED 3/13/25)

JENNY ZHANGBOARD MEMBER

MARGARET RICEBOARD MEMBER

SANKET PATELBOARD PRESIDENT AND FINANCE CHAIR

About this charity

Recognized since
January 2002
Location
1370 West 69th Street, Cleveland, OH 44102
County
Cuyahoga
In care of
Sanket Patel
Primary officer
Sanket Patel, Finance Chair

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990EZ
NTEE classification
Job Training (J22)
IRS tax category
Job Training

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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