Civic Intelligence

Tapestry Development Group Inc.

990 • Fiscal year 2021 • EIN 27-2814156

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

120 West Trinity Place 4th FloorDecatur, GA 30030

(404) 997-6786

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.27x

Higher debt load relative to assets than 73% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

83rd percentile

0.66x

Higher debt load relative to revenue than 83% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

72nd percentile

28%

Higher net margin than 72% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

91st percentile

$209,523

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 19.3% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

87th percentile

54%

Faster asset growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

55th percentile

17%

Faster revenue growth than 55% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,645,931

Up $922,492 (+54%) from 2020

Net Assets

Up

$1,930,223

Up $307,767 (+19%) from 2020

Liabilities

Up

$715,708

Up $614,725 (+609%) from 2020

Revenue

Up

$1,085,632

Up $155,781 (+17%) from 2020

Expenses

Up

$777,865

Up $209,850 (+37%) from 2020

Net Income

Down

$307,767

Down $54,069 (-15%) from 2020

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $335,063Liabilities 2012: $95,877Net Assets 2012: $239,1862012Assets 2013: $537,964Liabilities 2013: $46,835Net Assets 2013: $491,1292013Assets 2014: $798,187Liabilities 2014: $130,482Net Assets 2014: $667,7052014Assets 2015: $900,595Liabilities 2015: $175,897Net Assets 2015: $724,6982015Assets 2016: $981,375Liabilities 2016: $200,862Net Assets 2016: $780,5132016Assets 2017: $1,005,830Liabilities 2017: $213,773Net Assets 2017: $792,0572017Assets 2018: $1,159,321Liabilities 2018: $181,032Net Assets 2018: $978,2892018Assets 2019: $1,337,522Liabilities 2019: $76,902Net Assets 2019: $1,260,6202019Assets 2020: $1,723,439Liabilities 2020: $100,983Net Assets 2020: $1,622,4562020Assets 2021: $2,645,931Liabilities 2021: $715,708Net Assets 2021: $1,930,2232021Assets 2022: $5,226,643Liabilities 2022: $2,797,263Net Assets 2022: $2,429,3802022Assets 2023: $6,336,186Liabilities 2023: $3,408,696Net Assets 2023: $2,927,4902023Assets 2024: $14,295,763Liabilities 2024: $3,481,539Net Assets 2024: $10,814,2242024

Highlighted filing

2021

Assets$2,645,931
Liabilities$715,708
Net Assets$1,930,223

Operations Trend

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

$10M$5.0M$0Expenses 2012: $515,2402012Revenue 2013: $789,430Expenses 2013: $587,487Net Income 2013: $201,9432013Revenue 2014: $739,079Expenses 2014: $562,503Net Income 2014: $176,5762014Revenue 2015: $671,611Expenses 2015: $614,618Net Income 2015: $56,9932015Revenue 2016: $822,097Expenses 2016: $766,282Net Income 2016: $55,8152016Revenue 2017: $534,740Expenses 2017: $523,196Net Income 2017: $11,5442017Revenue 2018: $556,916Expenses 2018: $370,684Net Income 2018: $186,2322018Revenue 2019: $838,315Expenses 2019: $555,984Net Income 2019: $282,3312019Revenue 2020: $929,851Expenses 2020: $568,015Net Income 2020: $361,8362020Revenue 2021: $1,085,632Expenses 2021: $777,865Net Income 2021: $307,7672021Revenue 2022: $1,286,352Expenses 2022: $787,443Net Income 2022: $498,9092022Revenue 2023: $1,086,629Expenses 2023: $588,519Net Income 2023: $498,1102023Revenue 2024: $9,630,923Expenses 2024: $1,162,976Net Income 2024: $8,467,9472024

Highlighted filing

2021

Revenue$1,085,632
Expenses$777,865
Net Income$307,767
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$1,085,632
Mission and Program Overview

Mission

Foster the development of affordable housing apartments for low to moderate income tenants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,107,373$1,450,876▲ $343,503
Accounts Receivable$616,066$1,195,055▲ $578,989
Total Assets$1,723,439$2,645,931▲ $922,492
Liabilities
Other Liabilities$78,807$686,214▲ $607,407
Accounts Payable and Accrued Expenses$22,176$29,494▲ $7,318
Total Liabilities$100,983$715,708▲ $614,725
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,622,456$1,930,223▲ $307,767
Total Net Assets Fund Balance$1,622,456$1,930,223▲ $307,767
Total Liabilities and Net Assets / Fund Balance$1,723,439$2,645,931▲ $922,492
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonathan R ToppenPresidentFT$154,113$55,410$209,523

Board Members and Trustees

NameTitle
Kathleen BrownleeBoard Chairman
Howard L Robinson JrDirector
James WinstonDirector
Katie DelpDirector
Sara ToeringDirector
Ryan FlemingOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$36,500
Program Service Revenue
$1,026,190
Investment Income
$22,942
Other Revenue
$0
All Other Contributions
$36,500
Change in Net Assets
$307,767

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,085,632
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$412,039
Total Revenue per Audited Statements
$1,497,671
Total Revenue per Form 990
$1,085,632
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$494,320
Other Expenses$283,545
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$323,987$86,397-$410,384
Fees for Services Other$43,935$131,806-$175,741
Other Employee Benefits$46,602$12,427-$59,029
Payroll Taxes$19,663$5,244-$24,907
Office Expenses$13,605$3,950-$17,555
Insurance-$15,303-$15,303
Travel$11,791$2,948-$14,739
Fees for Services Accounting-$9,000-$9,000
Advertising-$3,050-$3,050
Other Expenses$26,017$1,090-$1,090
Total Functional Expenses$485,600$292,265$0$777,865

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,717,567
Expenses Not Reported on Form 990$939,702
Expenses per Audited Statements$777,865
Total Expenses per Form 990$777,865
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Predevelopment Note/equity$353,312
Development Fee Pledge Payable$250,000
Payroll Liability$66,192
Accrued 403(b) Employer Match$15,394
Georgia Tax Withholding$1,569
Georgia Unemployment Tax$106
Federal Unemployment Payable$-29
Medicare Withholdings Payable$-330
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
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

Each member is given the opportunity to review the return before it is filed.

Form 990, Part VI, Section B, Line 12C

The board of directors of tapestry development group, inc. Reviews periodically the conflict of interest disclosures and determines whether any action is required.

Form 990, Part VI, Section B, Line 15

The process for determining compensation for the president and other officers is determined by the board of directors of tapestry development group, inc. To ensure competitiveness and reasonableness. Wages are compared to other similar positions in other similar organizations. Tapestry development group, inc. Will comply with all applicable federal and state labor laws and regulations. Periodically, the board of directors will review executive salaries to ensure competitiveness and reasonableness with external markets and for internal equity in relation to general employee wages and benefits, individual and organizational performance, and the financial resources of the organization.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Tapestry Development Group Inc
EIN
27-2814156
Phone
4049976786
Address
120 WEST TRINITY PLACE 4TH FLOOR, DECATUR, GA 30030

Signing Officer

Name
Jonathan R Toppen
Title
President
Phone
4049976786
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan R Toppen
Formed
2010
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
6
Employees
4
Volunteers
0

Preparer

Firm
Tidwell Group LLC
Address
3595 GRANDVIEW PARKWAY STE 500, BIRMINGHAM, AL 35243
Preparer
Ryder Mathias
Phone
2058221010
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional services: program service expenses 43,935. Management and general expenses 131,806. Fundraising expenses 0. Total expenses 175,741.

FORM990, PART XII, LINE 2C:

The full board reviews the audit and selects the independent auditor.

PART XI LINE 9:

This change in net assets was due to capital contributions and syndication costs during the 2021 fiscal year.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Mainstreet jefferson senior partners, llc rental income

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Mainstreet jefferson senior partners, llc rental expenses

Schedule D Part XI Line 2D

Mainstreet jefferson senior apartments, llc has been consolidated on the audited financial statements for tapestry development group, inc. Due to it owning 51% of the entity. However, this entity files its own tax return and these income and expense items are reported on that tax return.

Schedule D Part XII Line 2D

Mainstreet jefferson senior apartments, llc has been consolidated on the audited financial statements for tapestry development group, inc. Due to it owning 51% of the entity. However, this entity files its own tax return and these income and expense items are reported on that tax return.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01062
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt048227
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01026190
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0890639
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0815219
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0545501
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0531628
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03809177
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt022942
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04712
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt018096
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01415
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01062
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt048227
IRS990ScheduleA/InvestmentIncomeCYPct00.01220
IRS990ScheduleA/InvestmentIncomePYPct00.00700
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98780
IRS990ScheduleA/PublicSupportPY509Pct00.99300
IRS990ScheduleA/PublicSupportTotal509Amt03897227
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01062690
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0925139
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0820219
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0555501
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0533678
IRS990ScheduleA/Total509Grp/TotalAmt03897227
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01085632
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0929851
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0838315
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0556916
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0534740
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03945454
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt0939702
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0777865
IRS990ScheduleD/OtherExpensesIncludedAmt0939702
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01569
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt166192
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2106
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3-29
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4-330
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt515394
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt6353312
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt7250000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GEORGIA TAX WITHHOLDING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2GEORGIA UNEMPLOYMENT TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3FEDERAL UNEMPLOYMENT PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4MEDICARE WITHHOLDINGS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5ACCRUED 403(B) EMPLOYER MATCH
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6PREDEVELOPMENT NOTE/EQUITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7DEVELOPMENT FEE PLEDGE PAYABLE
IRS990ScheduleD/OtherRevenueAmt0412039
IRS990ScheduleD/RevenueNotReportedAmt0412039
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01085632
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MAINSTREET JEFFERSON SENIOR PARTNERS, LLC RENTAL INCOME
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MAINSTREET JEFFERSON SENIOR PARTNERS, LLC RENTAL EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2MAINSTREET JEFFERSON SENIOR APARTMENTS, LLC HAS BEEN CONSOLIDATED ON THE AUDITED FINANCIAL STATEMENTS FOR TAPESTRY DEVELOPMENT GROUP, INC. DUE TO IT OWNING 51% OF THE ENTITY. HOWEVER, THIS ENTITY FILES ITS OWN TAX RETURN AND THESE INCOME AND EXPENSE ITEMS ARE REPORTED ON THAT TAX RETURN.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3MAINSTREET JEFFERSON SENIOR APARTMENTS, LLC HAS BEEN CONSOLIDATED ON THE AUDITED FINANCIAL STATEMENTS FOR TAPESTRY DEVELOPMENT GROUP, INC. DUE TO IT OWNING 51% OF THE ENTITY. HOWEVER, THIS ENTITY FILES ITS OWN TAX RETURN AND THESE INCOME AND EXPENSE ITEMS ARE REPORTED ON THAT TAX RETURN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D PART XI LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D PART XII LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0777865
IRS990ScheduleD/TotalLiabilityAmt0686214
IRS990ScheduleD/TotalRevenuePerForm990Amt01085632
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01497671
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01717567
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0154113
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount055410
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JONATHAN R TOPPEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0209523
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH MEMBER IS GIVEN THE OPPORTUNITY TO REVIEW THE RETURN BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS OF TAPESTRY DEVELOPMENT GROUP, INC. REVIEWS PERIODICALLY THE CONFLICT OF INTEREST DISCLOSURES AND DETERMINES WHETHER ANY ACTION IS REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCESS FOR DETERMINING COMPENSATION FOR THE PRESIDENT AND OTHER OFFICERS IS DETERMINED BY THE BOARD OF DIRECTORS OF TAPESTRY DEVELOPMENT GROUP, INC. TO ENSURE COMPETITIVENESS AND REASONABLENESS. WAGES ARE COMPARED TO OTHER SIMILAR POSITIONS IN OTHER SIMILAR ORGANIZATIONS. TAPESTRY DEVELOPMENT GROUP, INC. WILL COMPLY WITH ALL APPLICABLE FEDERAL AND STATE LABOR LAWS AND REGULATIONS. PERIODICALLY, THE BOARD OF DIRECTORS WILL REVIEW EXECUTIVE SALARIES TO ENSURE COMPETITIVENESS AND REASONABLENESS WITH EXTERNAL MARKETS AND FOR INTERNAL EQUITY IN RELATION TO GENERAL EMPLOYEE WAGES AND BENEFITS, INDIVIDUAL AND ORGANIZATIONAL PERFORMANCE, AND THE FINANCIAL RESOURCES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 43,935. MANAGEMENT AND GENERAL EXPENSES 131,806. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 175,741.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FULL BOARD REVIEWS THE AUDIT AND SELECTS THE INDEPENDENT AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THIS CHANGE IN NET ASSETS WAS DUE TO CAPITAL CONTRIBUTIONS AND SYNDICATION COSTS DURING THE 2021 FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART XI LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0TAPESTRY DEVELOPMENT GROUP INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0TAPESTRY AFFORDABLE HOUSING SERVICES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0842935764
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt094601
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL ESTATE RENTAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt022151
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0120 WEST TRINITY PLACE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0DECATUR
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd030030
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd21
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd31
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd41
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd51
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd61
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd81
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd91
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd101

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