Form 990-ez, Part I, Line 8 - Other Revenue
“Description: interest income. Amount: 59. Description: penalty refund. Amount: 1,937. Total to form 990-ez, line 8: 1,996.”
Siviq Scores
Scores are not available for this record yet.
Balance Sheet
Assets
Down$129,386
Down $17,149 (-12%) from 2018
Net Assets
Down$128,198
Down $18,337 (-13%) from 2018
Liabilities
Up$1,188
Up $1,188 from 2018
Revenue And Expenses
Revenue
Down$121,946
Down $2,101 (-1.7%) from 2018
Expenses
Up$140,283
Up $30,577 (+28%) from 2018
Net Income
Down-$18,337
Down $32,678 (-228%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Sep 24, 2020
- Return Version
- 2019v5.1
- Gross Receipts
- $121,946
Mission and Program Overview
Mission
Fabmo is a 501(c)(3), donor supported, all volunteer organization that divests useful designer materials form their otherwise destination (landfill) and makes them available to interested parties (such as teachers) for creative reuse. Sustainability of this rescue effort comes from the reuse of materials by others. Fabmo does no crafting of its own but facilitates creative reuse of these materials via an informational newsletter, videos and occasional workshops and meetups.
Fabmo is a 501(c)(3), donor supported, all volunteer organization that divests useful designer materials form their otherwise destination (landfill) and makes them available to interested parties (such as teachers) for creative reuse. Sustainability of this rescue effort comes from the reuse of materials by others. Fabmo does no crafting of its own, but conducts workshops and classes on how to use these materials.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ORGANIZATION ACTIVELY SOURCES MATERIALS WHICH ARE SET TO BE DISCARDED FROM THE INTERIOR DESIGN COMMUNITY. IT DISTRIBUTES, WITHOUT CHARGE, THESE MATERIALS IN A MONTHLY THREE-DAY EVENT TO THE PUBLIC FOR CREATIVE RE-USE. THE ORGANIZATION HAS ACTIVE OUTREACH EFFORT IN THE COMMUNITY WITH REGULAR PARTICIPATION (DISPLAYS, ACTIVITY TABLES, ETC.), AT ENVIRONMENTAL AND COMMUNITY EVENTS, TO TELL THE REPURPOSING STORY. A TEXTILE ART BOUTIQUE IS HOSTED ANNUALLY TO SHOWCASE RESULTING PRODUCTS, EACH WITH SIGNIFICANT REPURPOSED CONTENT OBTAINED THROUGH FABMO. PREVIOUS TEXTILE ART BOUTIQUES ATTRACTED CROWDS FROM 700-800 PEOPLE. | $0 | $111,341 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| HOLLY WELSTEIN | Chair | - | $0 | - | - |
| ZITA MACY | Secretary | - | $0 | - | - |
| LESLIE KERN | Board Member | - | $0 | - | - |
| GINGER SILVERMAN | Board Member | - | $0 | - | - |
| ESTELLE CHALFIN | Board Member | - | $0 | - | - |
| TINA BAUMGARTNER | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Fabmo Inc
- EIN
- 27-0658796
- Phone
- 6502826548
- Address
- 1240 BIRCHWOOD DRIVE NO 2, SUNNYVALE, CA 94089
Signing Officer
- Name
- Bronwen Mcinerney
- Title
- Treasurer
- Phone
- 6502826548
- Signed
- 2020-09-24
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Boman Accounting Group Inc
- Address
- 20 UNION AVENUE, CAMPBELL, CA 95008
- Preparer
- Lynda R Boman CPA
- Phone
- 4088662004
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 14
“Description: depreciation. Amount: 3,202. Description: other expenses. Amount: 102,893. Total to form 990-ez, line 14: 106,095.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: automobile expense. Amount: 3,437. Description: bank charges and merchant fees. Amount: 1,147. Description: dues and subscriptions. Amount: 1,509. Description: insurance. Amount: 9,442. Description: program expense. Amount: 5,170. Description: sales tax. Amount: 5,371. Description: supplies. Amount: 1,369. Description: meals. Amount: 1,836. Description: license and fees. Amount: 80. Description: volunteer appreciation. Amount: 1,194. Total to form 990-ez, line 16: 30,555.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 28,817.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: credit card payable. Beg. Of year amount: 0. End of year amount: 1,188.”
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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | FABMO IS A 501(C)(3), DONOR SUPPORTED, ALL VOLUNTEER ORGANIZATION THAT DIVESTS USEFUL DESIGNER MATERIALS FORM THEIR OTHERWISE DESTINATION (LANDFILL) AND MAKES THEM AVAILABLE TO INTERESTED PARTIES (SUCH AS TEACHERS) FOR CREATIVE REUSE. SUSTAINABILITY OF THIS RESCUE EFFORT COMES FROM THE REUSE OF MATERIALS BY OTHERS. FABMO DOES NO CRAFTING OF ITS OWN, BUT CONDUCTS WORKSHOPS AND CLASSES ON HOW TO USE THESE MATERIALS. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME. AMOUNT: 59. DESCRIPTION: PENALTY REFUND. AMOUNT: 1,937. TOTAL TO FORM 990-EZ, LINE 8: 1,996. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: DEPRECIATION. AMOUNT: 3,202. DESCRIPTION: OTHER EXPENSES. AMOUNT: 102,893. TOTAL TO FORM 990-EZ, LINE 14: 106,095. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: AUTOMOBILE EXPENSE. AMOUNT: 3,437. DESCRIPTION: BANK CHARGES AND MERCHANT FEES. AMOUNT: 1,147. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 1,509. DESCRIPTION: INSURANCE. AMOUNT: 9,442. DESCRIPTION: PROGRAM EXPENSE. AMOUNT: 5,170. DESCRIPTION: SALES TAX. AMOUNT: 5,371. DESCRIPTION: SUPPLIES. AMOUNT: 1,369. DESCRIPTION: MEALS. AMOUNT: 1,836. DESCRIPTION: LICENSE AND FEES. AMOUNT: 80. DESCRIPTION: VOLUNTEER APPRECIATION. AMOUNT: 1,194. TOTAL TO FORM 990-EZ, LINE 16: 30,555. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 28,817. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: CREDIT CARD PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,188. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
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| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4088662004 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-09-24 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LYNDA R BOMAN CPA |
| ReturnHeader/ReturnTs | 0 | 2020-09-28T22:18:25-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $129,386
- Liabilities
- $1,188
- Net assets
- $128,198
- Revenue
- $121,946
- Expenses
- $140,283
- Net income
- -$18,337