Civic Intelligence

Craft Yarn Council Inc

990 • Fiscal year 2016 • EIN 56-1303596

Apr 01, 2015 to Mar 31, 2016 • Filed on Aug 02, 2016

3740 N Josey LaneCarrollton, TX 75007

(972) 325-7232

Siviq Scores

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

Liabilities / Assets

88th percentile

0.40x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

82nd percentile

0.16x

Higher debt load relative to revenue than 82% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

47th percentile

1.4%

Higher net margin than 47% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

93rd percentile

$77,500

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 16.5% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

23rd percentile

-12%

Faster asset growth than 23% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

28th percentile

-10.0%

Faster revenue growth than 28% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$189,692

Down $26,574 (-12%) from 2015

Net Assets

Up

$113,000

Up $6,739 (+6.3%) from 2015

Liabilities

Down

$76,692

Down $33,313 (-30%) from 2015

Revenue

Down

$468,929

Down $51,849 (-10.0%) from 2015

Expenses

Down

$462,190

Down $67,549 (-13%) from 2015

Net Income

Up

$6,739

Up $15,700 (+175%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $55,198Liabilities 2012: $19,627Net Assets 2012: $35,5712012Assets 2013: $81,455Liabilities 2013: $7,273Net Assets 2013: $74,1822013Assets 2014: $122,216Liabilities 2014: $6,994Net Assets 2014: $115,2222014Assets 2015: $216,266Liabilities 2015: $110,005Net Assets 2015: $106,2612015Assets 2016: $189,692Liabilities 2016: $76,692Net Assets 2016: $113,0002016Assets 2017: $227,641Liabilities 2017: $93,944Net Assets 2017: $133,6972017Assets 2018: $247,396Liabilities 2018: $4,363Net Assets 2018: $243,0332018Assets 2019: $228,174Liabilities 2019: $22,133Net Assets 2019: $206,0412019Assets 2020: $269,584Liabilities 2020: $5,256Net Assets 2020: $264,3282020Assets 2021: $327,332Liabilities 2021: $8,127Net Assets 2021: $319,2052021Assets 2022: $263,531Liabilities 2022: $7,559Net Assets 2022: $255,9722022Assets 2023: $136,361Liabilities 2023: $5,171Net Assets 2023: $131,1902023Assets 2024: $193,325Liabilities 2024: $10,075Net Assets 2024: $183,2502024Assets 2025: $226,187Liabilities 2025: $2,522Net Assets 2025: $223,6652025

Highlighted filing

2016

Assets$189,692
Liabilities$76,692
Net Assets$113,000

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $503,649Expenses 2012: $466,341Net Income 2012: $37,3082012Expenses 2013: $511,4672013Revenue 2014: $546,117Expenses 2014: $505,077Net Income 2014: $41,0402014Revenue 2015: $520,778Expenses 2015: $529,739Net Income 2015: -$8,9612015Revenue 2016: $468,929Expenses 2016: $462,190Net Income 2016: $6,7392016Revenue 2017: $497,190Expenses 2017: $476,493Net Income 2017: $20,6972017Revenue 2018: $527,000Expenses 2018: $417,664Net Income 2018: $109,3362018Revenue 2019: $368,701Expenses 2019: $403,693Net Income 2019: -$34,9922019Revenue 2020: $413,021Expenses 2020: $354,734Net Income 2020: $58,2872020Revenue 2021: $373,896Expenses 2021: $318,077Net Income 2021: $55,8192021Revenue 2022: $267,798Expenses 2022: $331,031Net Income 2022: -$63,2332022Revenue 2023: $176,554Expenses 2023: $301,336Net Income 2023: -$124,7822023Revenue 2024: $274,951Expenses 2024: $222,890Net Income 2024: $52,0612024Revenue 2025: $256,851Expenses 2025: $216,436Net Income 2025: $40,4152025

Highlighted filing

2016

Revenue$468,929
Expenses$462,190
Net Income$6,739
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Aug 2, 2016
Return Version
2015v2.0
Gross Receipts
$468,929
Mission and Program Overview

Mission

The Craft Yarn Council was formed in 1981 to raise awareness of yarns. Council members that represent leading yarn, tools, books, magazines, and accessories companies sponsor a wide range of educational and promotional programs, including its highly acclaimed Certified Instructors Program, teacher training programs, Discover Knit and Crochet classes, and its popular I Love YARN Day event, which offers a virtual meeting place for the nation's knitters and crocheters.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$184,955$167,500▼ $17,455
Accounts Receivable$18,000$8,989▼ $9,011
Cash and Non-Interest-Bearing Accounts$6,644$8,074▲ $1,430
Land, Buildings, and Equipment, Net$3,888$3,533▼ $355
Prepaid Expenses and Deferred Charges$2,779$1,596▼ $1,183
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$216,266$189,692▼ $26,574
Other Assets Total-$0-
Liabilities
Deferred Revenue$75,000$75,000→ $0
Accounts Payable and Accrued Expenses$35,005$1,692▼ $33,313
Total Liabilities$110,005$76,692▼ $33,313
Net Assets / Fund Balance
Unrestricted Net Assets$106,261$113,000▲ $6,739
Total Net Assets Fund Balance$106,261$113,000▲ $6,739
Total Liabilities and Net Assets / Fund Balance$216,266$189,692▼ $26,574

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,533$8,323$11,856
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mary Colucci WeinsteinCo Exec DirectorFT$77,500$77,500
Jenny BessonetteCo Exec DirectorFT$51,500$51,500

Board Members and Trustees

NameTitle
Dean BlumenthalChairman
David BlumenthalDirector
Dom MattinglyDirector
Jan KahnDirector
John LaurieDirector
Ryan NewellDirector
Ursual MorganDirector
Robin HaynesSec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$468,815
Investment Income
$114
Other Revenue
$0
Change in Net Assets
$6,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$304,733
Salaries, Compensation, and Employee Benefits$157,457
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$77,500
Other Salaries and Wages---$76,408
Current Officers, Directors, Trustees, and Key Employees---$68,000
Conferences and Meetings---$27,610
Payments to Affiliates---$15,000
Payroll Taxes---$13,049
All Other Expenses---$12,785
Occupancy---$12,346
Other Expenses---$7,366
Insurance---$4,650
Fees for Services Accounting---$3,500
Travel---$3,389
Fees for Services Legal---$1,582
Depreciation Depletion---$971
Total Functional Expenses$0$0$0$462,190
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
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, Line 11B: Form 990 Review Process

Secretary/Treasurer will review and sign the Form 990 and it will be made available to members of the CYC Executive Committee, which is the body of members who reviews finances and audit reports.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Craft Yarn Council
EIN
56-1303596
Phone
9723257232
Address
3740 N JOSEY LANE, CARROLLTON, TX 75007

Signing Officer

Name
Robin Haynes
Title
Secretary/treas
Signed
2016-08-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jenny Bessonette
Formed
1981
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
4

Preparer

Firm
Arrowood & Associates PA
Address
1546A Union Road, Gastonia, NC 28054
Preparer
William W Arrowood
Phone
7048611420
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Certified Instructors Program (CIP) Initiated in 1982, the goal of the CIP is to train knitters and crocheters who have good basic skills in these crafts to gain the knowledge and confidence to teach others. There are two separate programsone for knitting and one for crocheting--and there are three levels to each CIP program: Instructor, Teacher and Professional. Classes are offered on-site or via correspondence and cover technical skills as well as the specifics of how to teach these skills to others. An on-site class includes between 15-17 hours of intensive hands-on instruction with a master teacher. The correspondence program covers the same information. Participants work is reviewed personally by one of the programs master teachers through a combination of written work and telephone interviews. The program is also offered as part of the Fashion Institute of Technologys (FIT) Continuing Education Program. FIT, which is based in New York City, offers CIP participants who complete the program degree credit(s).The Council also maintains a database of CIP graduates and alerts them to job opportunities in their communities. In addition, many graduates go on to find jobs teaching in retail stores or volunteering in schools and other venues on their own. By training teachers, the Council is fulfilling the mandate of its members to raise awareness of yarn related skills such as knitting and crocheting while reaching and teaching new generations these worthwhile skills. Warm Up America! CYC and its members support the Warm Up America Foundation, a 501(c)(3) charity, with financial and material support. The program works with volunteers nationwide who knit or crochet 7x9 squares which are hand sewn into blankets and then distributed to people in need through social service agencies, local church and community charities and national charities such as American Red Cross.I Love Yarn Day is a program to raise public awareness and promote yarns and crafts across the country on a specific day each year. Spreading the good feeling people get from yarn and yarn-related crafts is what I Love Yarn Day (ILYD) is all about. Consumers are encouraged to participate by making a craft or project to declare love for yarn. Annual meeting: CYC conducts an annual meeting to communicate, educate and brainstorm to promote the craft yarn industry. All meetings are for the benefit of and are open to all CYC members. Average attendance at most meetings numbers around 40 industry representatives.

Financial Statement Notes

Part X : FIN48 Footnote

CYC is a tax-exempt organization under Internal Revenue Code Section 501(c) (6). As such, CYC is not taxed on income derived from its exempt functions.CYC has evaluated its tax positions for all open tax years. Currently, the tax years open and subject to examination by the Internal Revenue Service are the 2013, 2014 and 2015 tax years. However, CYC is not currently under audit nor has CYC been contacted by any jurisdiction. Based on the evaluation of CYCs tax positions, management believes all tax positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions have been recorded for the years ended March 31, 2016 and 2015.

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IRS990/LandBldgEquipCostOrOtherBssAmt011856
IRS990/LegalDomicileStateCd0TX
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Craft Yarn Council was formed in 1981 to raise awareness of yarns. Council members that represent leading yarn, tools, books, magazines, and accessories companies sponsor a wide range of educational and promotional programs, including its highly acclaimed Certified Instructors Program, teacher training programs, Discover Knit and Crochet classes, and its popular I Love YARN Day event, which offers a virtual meeting place for the nation's knitters and crocheters.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0106261
IRS990/NetAssetsOrFundBalancesEOYAmt0113000
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt012346
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0SPECIAL PROJECTS
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL PROGRAMS
IRS990/OtherExpensesGrp/Desc2CHA TRADE SHOW
IRS990/OtherExpensesGrp/Desc3WEBSITE MAINTENANCE
IRS990/OtherExpensesGrp/TotalAmt062631
IRS990/OtherExpensesGrp/TotalAmt151158
IRS990/OtherExpensesGrp/TotalAmt224245
IRS990/OtherExpensesGrp/TotalAmt37366
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt076408
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt015000
IRS990/PayrollTaxesGrp/TotalAmt013049
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02779
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01596
IRS990/PrincipalOfficerNm0JENNY BESSONETTE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0CLASS REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc1DISCOVER PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc2Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt034838
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1170000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2263977
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt034838
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1170000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2263977
IRS990/ProgSrvcAccomActy2Grp/Desc0Teaching Teens/Learn to Crochet This program again partnered with Jo-Ann stores to teach kids to crochet and increased in number over the previous year. Craft Yarn Council members provided product to complete 50,000 free Learn to Crochet student kits that were distributed across the country to junior and high school students. The objective was to teach teens while growing the yarn market. This project afforded a unique opportunity for members to reach teachers and teens with age-appropriate project materials to promote the use of yarns.
IRS990/ProgSrvcAccomActy3Grp/Desc0Retailer Program Annually Craft Yarn Council sponsors a special meeting for industry retailers. The purpose of this annual gathering, which generally take place at a national trade show, is to educate buyers about new yarn fabrications, new accessories, and, in general, trends in the industry and consumer research. The information, which is presented at these meetings, is then relayed through buyers to their associates in stores across the country. These meetings are part of the continuing education that CYC and its members provide retailers in the industry.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt098
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0464339
IRS990/PYProgramServiceRevenueAmt0520680
IRS990/PYRevenuesLessExpensesAmt0-8961
IRS990/PYSalariesCompEmpBnftPaidAmt065400
IRS990/PYTotalExpensesAmt0529739
IRS990/PYTotalRevenueAmt0520778
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt06739
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0184955
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0167500
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03533
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08323
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011856
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CYC is a tax-exempt organization under Internal Revenue Code Section 501(c) (6). As such, CYC is not taxed on income derived from its exempt functions.CYC has evaluated its tax positions for all open tax years. Currently, the tax years open and subject to examination by the Internal Revenue Service are the 2013, 2014 and 2015 tax years. However, CYC is not currently under audit nor has CYC been contacted by any jurisdiction. Based on the evaluation of CYCs tax positions, management believes all tax positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions have been recorded for the years ended March 31, 2016 and 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03533
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Certified Instructors Program (CIP) Initiated in 1982, the goal of the CIP is to train knitters and crocheters who have good basic skills in these crafts to gain the knowledge and confidence to teach others. There are two separate programsone for knitting and one for crocheting--and there are three levels to each CIP program: Instructor, Teacher and Professional. Classes are offered on-site or via correspondence and cover technical skills as well as the specifics of how to teach these skills to others. An on-site class includes between 15-17 hours of intensive hands-on instruction with a master teacher. The correspondence program covers the same information. Participants work is reviewed personally by one of the programs master teachers through a combination of written work and telephone interviews. The program is also offered as part of the Fashion Institute of Technologys (FIT) Continuing Education Program. FIT, which is based in New York City, offers CIP participants who complete the program degree credit(s).The Council also maintains a database of CIP graduates and alerts them to job opportunities in their communities. In addition, many graduates go on to find jobs teaching in retail stores or volunteering in schools and other venues on their own. By training teachers, the Council is fulfilling the mandate of its members to raise awareness of yarn related skills such as knitting and crocheting while reaching and teaching new generations these worthwhile skills. Warm Up America! CYC and its members support the Warm Up America Foundation, a 501(c)(3) charity, with financial and material support. The program works with volunteers nationwide who knit or crochet 7x9 squares which are hand sewn into blankets and then distributed to people in need through social service agencies, local church and community charities and national charities such as American Red Cross.I Love Yarn Day is a program to raise public awareness and promote yarns and crafts across the country on a specific day each year. Spreading the good feeling people get from yarn and yarn-related crafts is what I Love Yarn Day (ILYD) is all about. Consumers are encouraged to participate by making a craft or project to declare love for yarn. Annual meeting: CYC conducts an annual meeting to communicate, educate and brainstorm to promote the craft yarn industry. All meetings are for the benefit of and are open to all CYC members. Average attendance at most meetings numbers around 40 industry representatives.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Secretary/Treasurer will review and sign the Form 990 and it will be made available to members of the CYC Executive Committee, which is the body of members who reviews finances and audit reports.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0216266
IRS990/TotalAssetsEOYAmt0189692
IRS990/TotalAssetsGrp/BOYAmt0216266
IRS990/TotalAssetsGrp/EOYAmt0189692
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0462190
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0110005
IRS990/TotalLiabilitiesEOYAmt076692
IRS990/TotalLiabilitiesGrp/BOYAmt0110005
IRS990/TotalLiabilitiesGrp/EOYAmt076692
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0106261
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0113000
IRS990/TotalProgramServiceRevenueAmt0468815
IRS990/TotalReportableCompFromOrgAmt0129000
IRS990/TotalRevenueGrp/ExclusionAmt0114
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0468815
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0468929
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0216266
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0189692
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt03389
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0106261
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0113000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03740 N JOSEY LANE STE 102
IRS990/USAddress/CityNm0CARROLLTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075007
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.CRAFTYARNCOUNCIL.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBIN HAYNES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREAS
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CRAFT YARN COUNCIL
ReturnHeader/Filer/BusinessNameControlTxt0CRAF
ReturnHeader/Filer/EIN0561303596
ReturnHeader/Filer/PhoneNum09723257232
ReturnHeader/Filer/USAddress/AddressLine1Txt03740 N JOSEY LANE
ReturnHeader/Filer/USAddress/CityNm0CARROLLTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075007
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Arrowood & Associates PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01546A Union Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Gastonia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028054
ReturnHeader/PreparerPersonGrp/PhoneNum07048611420
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM W ARROWOOD
ReturnHeader/ReturnTs02016-08-03T04:57:35-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-04-01
ReturnHeader/TaxPeriodEndDt02016-03-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.26$0.03$2.24$2.57$2.16$0.40
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.10$1.83$2.75$2.23$0.52
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.05$1.31$1.77$3.01$1.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.64$0.08$2.56$2.68$3.31$0.63
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.27$0.08$3.19$3.74$3.18$0.56
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.70$0.05$2.64$4.13$3.55$0.58
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.28$0.22$2.06$3.69$4.04$0.35
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.47$0.04$2.43$5.27$4.18$1.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.28$0.94$1.34$4.97$4.76$0.21
2016Detailed filing. Detailed filing data is available for this year.$1.90$0.77$1.13$4.69$4.62$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.16$1.10$1.06$5.21$5.30$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.22$0.07$1.15$5.46$5.05$0.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.07$0.74$5.11
2012Summary only. Only limited summary data is available for this year.$0.55$0.20$0.36$5.04$4.66$0.37