Civic Intelligence

Woolmark Americas Inc

990 • Fiscal year 2022 • EIN 13-1589984

Jul 01, 2021 to Jun 30, 2022 • Filed on Dec 06, 2022

Organization ProfileWWW.WOOL.COM

View Organization Page

99 Hudson St 5th Floor Pmb 6031New York, NY 10013

(917) 933-5551

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

1.13x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

63rd percentile

0.30x

Higher debt load relative to revenue than 63% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Net Margin

65th percentile

10%

Higher net margin than 65% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

55th percentile

$154,340

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Asset Growth

7th percentile

-20%

Faster asset growth than 7% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

2nd percentile

-56%

Faster revenue growth than 2% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$388,533

Down $99,806 (-20%) from 2021

Net Assets

Up

-$49,367

Up $152,773 (+76%) from 2021

Liabilities

Down

$437,900

Down $252,579 (-37%) from 2021

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin65th percentile

Revenue

Down

$1,469,607

Down $1,898,579 (-56%) from 2021

Expenses

Down

$1,316,834

Down $2,376,202 (-64%) from 2021

Net Income

Up

$152,773

Up $477,623 (+147%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $71,242Liabilities 2011: $53,7442011Assets 2012: $216,529Liabilities 2012: $164,1882012Assets 2013: $163,572Liabilities 2013: $215,382Net Assets 2013: -$51,8102013Assets 2014: $136,017Liabilities 2014: $279,947Net Assets 2014: -$143,9302014Assets 2015: $175,634Liabilities 2015: $162,303Net Assets 2015: $13,3312015Assets 2016: $147,029Liabilities 2016: $209,191Net Assets 2016: -$62,1622016Assets 2017: $189,952Liabilities 2017: $248,380Net Assets 2017: -$58,4282017Assets 2018: $289,498Liabilities 2018: $159,829Net Assets 2018: $129,6692018Assets 2019: $411,795Liabilities 2019: $244,724Net Assets 2019: $167,0712019Assets 2020: $2,121,498Liabilities 2020: $1,998,788Net Assets 2020: $122,7102020Assets 2021: $488,339Liabilities 2021: $690,479Net Assets 2021: -$202,1402021Assets 2022: $388,533Liabilities 2022: $437,900Net Assets 2022: -$49,3672022Assets 2023: $239,150Liabilities 2023: $305,321Net Assets 2023: -$66,1712023Assets 2024: $60,308Liabilities 2024: $615,754Net Assets 2024: -$555,4462024Assets 2025: $102,323Liabilities 2025: $239,382Net Assets 2025: -$137,0592025

Highlighted filing

2022

Assets$388,533
Liabilities$437,900
Net Assets-$49,367
Open 2022 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $56,648Expenses 2011: $29,053Net Income 2011: $27,5952011Revenue 2012: $56,269Expenses 2012: $21,426Net Income 2012: $34,8432012Revenue 2013: $3,111,496Expenses 2013: $3,215,647Net Income 2013: -$104,1512013Revenue 2014: $3,137,264Expenses 2014: $3,229,384Net Income 2014: -$92,1202014Revenue 2015: $2,196,000Expenses 2015: $2,038,739Net Income 2015: $157,2612015Revenue 2016: $2,598,069Expenses 2016: $2,673,562Net Income 2016: -$75,4932016Revenue 2017: $3,019,513Expenses 2017: $3,015,779Net Income 2017: $3,7342017Revenue 2018: $3,961,499Expenses 2018: $3,773,402Net Income 2018: $188,0972018Revenue 2019: $8,542,502Expenses 2019: $8,505,100Net Income 2019: $37,4022019Revenue 2020: $3,896,492Expenses 2020: $3,940,853Net Income 2020: -$44,3612020Revenue 2021: $3,368,186Expenses 2021: $3,693,036Net Income 2021: -$324,8502021Revenue 2022: $1,469,607Expenses 2022: $1,316,834Net Income 2022: $152,7732022Revenue 2023: $2,402,559Expenses 2023: $2,419,363Net Income 2023: -$16,8042023Revenue 2024: $2,838,349Expenses 2024: $3,327,624Net Income 2024: -$489,2752024Revenue 2025: $2,561,854Expenses 2025: $2,143,467Net Income 2025: $418,3872025

Highlighted filing

2022

Revenue$1,469,607
Expenses$1,316,834
Net Income$152,773
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Dec 6, 2022
Return Version
2021v4.2
Gross Receipts
$1,469,607
Mission and Program Overview

Mission

Woolmark americas, inc mission is to, on behalf of woolgrowers in australia, create, build and maintain demand for wool.

Woolmark americas, inc. Mission is to, on behalf of woolgrowers in australia, create, build and maintain demand for wool.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$101,624$152,194▲ $50,570
Cash and Non-Interest-Bearing Accounts$13,507$16,868▲ $3,361
Accounts Receivable$7,500$0▼ $7,500
Prepaid Expenses and Deferred Charges$0$3,531▲ $3,531
Land, Buildings, and Equipment, Net-$461-
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-202,140$-49,367▲ $152,773
Total Assets$488,339$388,533▼ $99,806
Other Assets Total$365,708$215,479▼ $150,229
Liabilities
Mortgage Notes Payable Secured by Investment Property$511,245$338,198▼ $173,047
Other Liabilities$163,005$67,015▼ $95,990
Accounts Payable and Accrued Expenses$1,229$25,187▲ $23,958
Deferred Revenue$15,000$7,500▼ $7,500
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$690,479$437,900▼ $252,579
Net Assets / Fund Balance
Total Net Assets Fund Balance$-202,140$-49,367▲ $152,773
Total Liabilities and Net Assets / Fund Balance$488,339$388,533▼ $99,806

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements--$187,488
Equipment$461-$33,451
Other Land Buildings--$15,152
Other Assets Org$81,420--
Compensation and Service Providers
Top Officer Pay55th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
sarah SCHLENGERR&d Commercialisation ManagerFT$140,268$14,072$154,340
Elin ArnottBusiness Development ManagerFT$101,225$14,072$115,297
Elin Arnott--$101,225$14,072$115,297
michelle leeHEAD OF AMERICA-USA(Thru10/20)-$58,217$58,217$58,217

Board Members and Trustees

NameTitle
John RobertsDirector
Tracy MarshallDirector
stuart mcculloughDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,856
Investment Income
$14,751
Other Revenue
$1,443,000
Change in Net Assets
$152,773
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$779,879
Salaries, Compensation, and Employee Benefits$536,955
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$269,637
Fees for Services Other---$267,283
Advertising---$219,637
Other Salaries and Wages---$146,128
Travel---$90,366
Other Employee Benefits---$60,773
Payroll Taxes---$36,225
Occupancy---$31,421
Pension Plan Contributions---$24,192
Other Expenses---$16,000
Fees for Services Accounting---$10,098
Office Expenses---$8,859
Insurance---$3,295
Conferences and Meetings---$519
Depreciation Depletion---$92
Total Functional Expenses$0$0$0$1,316,834
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
External Procurement Payable$28,750
Accrued Vacation$28,497
Other Liabilities$9,768
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11B:

“A copy of form 990 is provided to all members and reviewed by the director of the board of trustees before it is filed.”

FORM 990, PART VI, SECTION B, LINE 15A:

“APPROVAL OF THE DIRECTOR'S (AN OFFICER) COMPENSATION IS ESTABLISHED WITH AN EMPLOYMENT CONTRACT APPROVED BY THE CEO (AWI) AND THE AUSTRALIAN WOOL INNOVATION LIMITED (AWI) BOARD (COMMITTEE) BASED IN AUSTRALIA. THIS IS GENERALLY DONE ON AN ANNUAL BASIS. THE DIRECTOR MAY RECEIVE A SALARY INCREASE BASED ON BOARD APPROVED PERCENTAGE INCREASES AT A COUNTRY LEVEL (GENERALLY DETERMINED VIA THE KORN FERRY GLOBAL WAGE GROWTH PER COUNTRY). THERE IS ALSO A performance REVIEW PROCESS WHICH WILL ALSO DETERMINE THE PERCENTAGE INCREASE. THE DIRECTOR'S COMPENSATION IS SUPPORTED BY AN EMPLOYMENT CONTRACT AND ANY ADJUSTMENT IS PRINCIPALLY APPROVED BY AWI COMMITTEES.”

FORM 990, PART VI, SECTION C, LINE 19:

“THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. GOVERNING DOCUMENTS MAY BE EXAMINED AT A SPECIFIC LOCATION, SUCH AS ORGANIZATION'S OFFICE, BY contacting THE ORGANIZATION.”

Filing and Contact Details

Filer

Filer Name
Woolmark Americas Inc
EIN
13-1589984
In Care Of
% MEGHAN GALEAZZI
Phone
9179335551
Address
99 HUDSON ST 5TH FLOOR PMB 6031, NEW YORK, NY 10013

Signing Officer

Name
Tracy Marshall
Title
director
Phone
3477673160
Signed
2022-12-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tracy Marshall
Formed
1949
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
7
Volunteers
3

Preparer

Firm
Bdo USA Llp
Address
100 PARK AVENUE, NEW YORK, NY 10017-5001
Preparer
Paul Hammerschmidt
Phone
2128858000
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

“Description:consultants total fees:258739”

Form 990 Part IX Line 11G

“Description:professional fees - other total fees:8544”

Raw XML AppendixShowing 400 of 430 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc0MARKETING
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc2RECRUITMENT COSTS
IRS990/OtherExpensesGrp/TotalAmt0112806
IRS990/OtherExpensesGrp/TotalAmt119503
IRS990/OtherExpensesGrp/TotalAmt216000
IRS990/OtherLiabilitiesGrp/BOYAmt0163005
IRS990/OtherLiabilitiesGrp/EOYAmt067015
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0INTERGROUP SERVICE REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01443000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01443000
IRS990/OtherRevenueTotalAmt01443000
IRS990/OtherSalariesAndWagesGrp/TotalAmt0146128
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt036225
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt024192
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03531
IRS990/PrincipalOfficerNm0TRACY MARSHALL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0LICENSE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011856
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011856
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0540
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02805457
IRS990/PYOtherRevenueAmt03361250
IRS990/PYProgramServiceRevenueAmt06396
IRS990/PYRevenuesLessExpensesAmt0-324850
IRS990/PYSalariesCompEmpBnftPaidAmt0887579
IRS990/PYTotalExpensesAmt03693036
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03368186
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0152773
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-202140
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-49367
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0461
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt033912
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt033451
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0187488
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0187488
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0134059
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt181420
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NON CURRENT SUBLEASE
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt015152
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015152
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt128497
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt29768
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0EXTERNAL PROCUREMENT PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED VACATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0461
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0215479
IRS990ScheduleD/TotalLiabilityAmt067015
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1140268
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2101225
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt114072
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt214072
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt058217
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0michelle lee
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1sarah SCHLENGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Elin Arnott
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0HEAD OF AMERICA-USA(Thru10/20)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1R&D COMMERCIALISATION MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt058217
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1154340
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2115297
IRS990ScheduleJ/SeverancePaymentInd0true
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0MICHELLE LEE SEPARATED FROM THE COMPANY ON OCTOBER 27 2020. SHE WAS PAID $58,217 IN SEPTEMBER 2021 PURSUANT TO THE TERMS OF HER SEVERANCE AGREEMENT.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J Line 4a
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS PROVIDED TO ALL MEMBERS AND REVIEWED BY THE DIRECTOR OF THE BOARD OF TRUSTEES BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1APPROVAL OF THE DIRECTOR'S (AN OFFICER) COMPENSATION IS ESTABLISHED WITH AN EMPLOYMENT CONTRACT APPROVED BY THE CEO (AWI) AND THE AUSTRALIAN WOOL INNOVATION LIMITED (AWI) BOARD (COMMITTEE) BASED IN AUSTRALIA. THIS IS GENERALLY DONE ON AN ANNUAL BASIS. THE DIRECTOR MAY RECEIVE A SALARY INCREASE BASED ON BOARD APPROVED PERCENTAGE INCREASES AT A COUNTRY LEVEL (GENERALLY DETERMINED VIA THE KORN FERRY GLOBAL WAGE GROWTH PER COUNTRY). THERE IS ALSO A performance REVIEW PROCESS WHICH WILL ALSO DETERMINE THE PERCENTAGE INCREASE. THE DIRECTOR'S COMPENSATION IS SUPPORTED BY AN EMPLOYMENT CONTRACT AND ANY ADJUSTMENT IS PRINCIPALLY APPROVED BY AWI COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. GOVERNING DOCUMENTS MAY BE EXAMINED AT A SPECIFIC LOCATION, SUCH AS ORGANIZATION'S OFFICE, BY contacting THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION:CONSULTANTS TOTAL FEES:258739
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:PROFESSIONAL FEES - OTHER TOTAL FEES:8544
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART IX LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART IX LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0488339
IRS990/TotalAssetsEOYAmt0388533
IRS990/TotalAssetsGrp/BOYAmt0488339
IRS990/TotalAssetsGrp/EOYAmt0388533
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/TotalAmt01316834
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0690479
IRS990/TotalLiabilitiesEOYAmt0437900
IRS990/TotalLiabilitiesGrp/BOYAmt0690479
IRS990/TotalLiabilitiesGrp/EOYAmt0437900
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-202140
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-49367
IRS990/TotalOtherCompensationAmt028144
IRS990/TotalProgramServiceRevenueAmt011856
IRS990/TotalReportableCompFromOrgAmt0299710
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01454856
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01469607
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0488339
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0388533
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt090366
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt099 HUDSON ST 5TH FL PMB 6031
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010013
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.WOOL.COM
IRS990/WhistleblowerPolicyInd0false

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$388,533
Liabilities
$437,900
Net assets
-$49,367
Revenue
$1,469,607
Expenses
$1,316,834
Net income
$152,773
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.24$0.14$2.56$2.14$0.42
2024Detailed filing. Detailed filing data is available for this year.$0.06$0.62$0.56$2.84$3.33$0.49
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.31$0.07$2.40$2.42$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.39$0.44$0.05$1.47$1.32$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.69$0.20$3.37$3.69$0.32
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$2.00$0.12$3.90$3.94$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.24$0.17$8.54$8.51$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.16$0.13$3.96$3.77$0.19
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.25$0.06$3.02$3.02$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.21$0.06$2.60$2.67$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.16$0.01$2.20$2.04$0.16
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.28$0.14$3.14$3.23$0.09
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.16$0.22$0.05$3.11$3.22$0.10
2012Summary only. Only limited summary data is available for this year.$0.22$0.16$0.06$0.02$0.03
2011Summary only. Only limited summary data is available for this year.$0.07$0.05$0.06$0.03$0.03