Civic Intelligence

Arizona Apparel Foundation

990EZ • Fiscal year 2019 • EIN 81-2636209

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 15, 2019

132 E 6th StreetTempe, AZ 85281-3733

(602) 743-4638

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

4th percentile

-141%

Higher net margin than 4% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

9th percentile

-48%

Faster asset growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

4th percentile

-77%

Faster revenue growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$42,226

Down $39,340 (-48%) from 2018

Net Assets

Down

$42,226

Down $36,628 (-46%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$24,435

Down $80,768 (-77%) from 2018

Expenses

Up

$58,842

Up $17,707 (+43%) from 2018

Net Income

Down

-$34,407

Down $98,475 (-154%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2016: $10,470Liabilities 2016: $9,884Net Assets 2016: $5862016Assets 2017: $24,956Liabilities 2017: $10,1702017Assets 2018: $81,566Liabilities 2018: $2,712Net Assets 2018: $78,8542018Assets 2019: $42,226Net Assets 2019: $42,2262019Assets 2020: $362,064Liabilities 2020: $0Net Assets 2020: $362,0642020Assets 2021: $298,258Net Assets 2021: $298,2582021Assets 2022: $294,708Net Assets 2022: $294,7082022

Highlighted filing

2019

Assets$42,226
Liabilities-
Net Assets$42,226

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $18,211Expenses 2016: $17,625Net Income 2016: $5862016Revenue 2017: $21,874Expenses 2017: $7,674Net Income 2017: $14,2002017Revenue 2018: $105,203Expenses 2018: $41,135Net Income 2018: $64,0682018Revenue 2019: $24,435Expenses 2019: $58,842Net Income 2019: -$34,4072019Revenue 2020: $481,375Expenses 2020: $162,168Net Income 2020: $319,2072020Revenue 2021: $43,281Expenses 2021: $107,087Net Income 2021: -$63,8062021Revenue 2022: $14Expenses 2022: $3,564Net Income 2022: -$3,5502022

Highlighted filing

2019

Revenue$24,435
Expenses$58,842
Net Income-$34,407
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$24,435
Mission and Program Overview

Mission

Arizona apparel foundation's mission is to provide the knowledge and resources needed to foster arizona's fashion industry. Our vision is to create the next u.s. Fashion city in metropolitan phoenix, to support cutting edge research and innovation in wearable tech and to build a sustainable and exciting new industry in arizona. Arizona apparel foundation (aaf) is dedicated to helping local fashion design brands navigate obstacles to success by providing the resources they need to start, grow, and thrive in arizona. Aaf allows local brands to manufacture in arizona. Manufacturing apparel locally keeps money in the state, creates jobs, and ushers in a creative, new, sustainable, and in- demand industry.

Program Services

DescriptionGrantsExpenses
ARIZONA APPAREL FOUNDATION IS FOSTERING ARIZONA'S FASHION INDUSTRY BY REIGNITING THE LOST SKILL OF APPAREL MANUFACTURING, EXCITING AND EDUCATING THE NEXT GENERATION OF FASHION PROFESSIONALS AND PROVIDING AFFORDABLE AND FREE SERVICES TO THE COMMUNITY INCLUDING CLASSES, VOCATIONAL TRAINING, EVENTS AND ACCESS TO REAL INDUSTRY EQUIPMENT AND DESIGNERS. AAF PARTNERS WITH THE CITY OF TEMPE AND THE DOWNTOWN TEMPE AUTHORITY AS WELL AS EDUCATIONAL FACILITIES SUCH AS ARIZONA STATE UNIVERSITY AND PHOENIX UNIFIED SCHOOL DISTRICT. AAF ALSO WORKS WITH ORGANIZATIONS LIKE ECO FASHION WEEK, DESIGNER IN RESIDENCE SCHOLARSHIP PROGRAM, GO TO MARKET CENTER, TCH AND BUSINESSES SUCH AS LABELHORDE AND ARIZONA FASHION SOURCE, STAX 3D PRINTING, AND MORE.-$52,062
ARIZONA APPAREL FOUNDATION ALSO HAS AN ACTIVE AND DEDICATED BOARD OF DIRECTORS, WHO WORK TO BUILD RELATIONSHIPS, SECURE RESOURCES, AND ADVOCATE FOR THE FOUNDATION IN INNUMERABLE WAYS. WITH THEIR ASSISTANCE, AAF WILL CONTINUE TO ESTABLISH COLLABORATIVE PARTNERSHIPS. DURING THE 18/19 FISCAL YEAR, VOLUNTEERS GAVE 4,132 HOURS TO AAF, VALUED AT 70,560.83.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANGELA JOHNSONDirectorFT$0--
SHERRI BARRYDirectorFT$0--
JEANNE HANKERSONTreasurerPT$0--
EVA LOUISSecretaryPT$0--
MARSALL SHOREDirectorPT$0--
BEN MOLINEDirectorPT$0--
SHARON URIASDirectorPT$0--
PAULA PALOSIKADirectorPT$0--
KATE JANSONDirectorPT$0--
JESSICA ADNANIDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Arizona Apparel Foundation
EIN
81-2636209
Phone
6027434638
Address
132 E 6TH STREET, TEMPE, AZ 85281-3733

Signing Officer

Name
Sherri Barry
Title
Director
Phone
6027434638
Signed
2019-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Schneider & Associate Cpas Pc
Address
727 E BETHANY HOME RD STE D122, PHOENIX, AZ 85014
Preparer
Stacy a Schneider
Phone
6022772117
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 1,133 supplies 87 licenses 295 office 1,225 telephone 1,762 insurance 4,642 bank fees 104 registration 351 event expense 4,233 refabricate 275 scholarships 450 security 175 travel 368 employee leasing expense 2,308 utilities 4,361 annual inspection 238 education 130 non-investment depreciation 33,133 total 55,270

Form 990-ez, Part I, Line 20

Other decreases -2,221 prior period adjustment.

Form 990-ez, Part II, Line 24

Accounts receivable 0 1,194 88,602 89,325 less accumulated depreciation 19,969 53,157 total 68,633 37,362

Form 990-ez, Part II, Line 26

Loans from officers 2,712 0

Form 990-ez, Part III

Arizona apparel foundation's mission is to provide the knowledge and resources needed to foster arizona's fashion industry. Our vision is to create the next u.s. Fashion city in metropolitan phoenix, to support cutting edge research and innovation in wearable tech and to build a sustainable and exciting new industry in arizona. Arizona apparel foundation (aaf) is dedicated to helping local fashion design brands navigate obstacles to success by providing the resources they need to start, grow, and thrive in arizona. Aaf allows local brands to manufacture in arizona. Manufacturing apparel locally keeps money in the state, creates jobs, and ushers in a creative, new, sustainable, and in- demand industry.

Form 990-ez, Part III, Line 28

Arizona apparel foundation is fostering arizona's fashion industry by reigniting the lost skill of apparel manufacturing, exciting and educating the next generation of fashion professionals and providing affordable and free services to the community including classes, vocational training, events and access to real industry equipment and designers. Aaf partners with the city of tempe and the downtown tempe authority as well as educational facilities such as arizona state university and phoenix unified school district. Aaf also works with organizations like eco fashion week, designer in residence scholarship program, go to market center, tch and businesses such as labelhorde and arizona fashion source, stax 3d printing, and more.

Form 990-ez, Part III, Line 29

Arizona apparel foundation also has an active and dedicated board of directors, who work to build relationships, secure resources, and advocate for the foundation in innumerable ways. With their assistance, aaf will continue to establish collaborative partnerships. During the 18/19 fiscal year, volunteers gave 4,132 hours to aaf, valued at 70,560.83.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,133 SUPPLIES 87 LICENSES 295 OFFICE 1,225 TELEPHONE 1,762 INSURANCE 4,642 BANK FEES 104 REGISTRATION 351 EVENT EXPENSE 4,233 REFABRICATE 275 SCHOLARSHIPS 450 SECURITY 175 TRAVEL 368 EMPLOYEE LEASING EXPENSE 2,308 UTILITIES 4,361 ANNUAL INSPECTION 238 EDUCATION 130 NON-INVESTMENT DEPRECIATION 33,133 TOTAL 55,270
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER DECREASES -2,221 PRIOR PERIOD ADJUSTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 0 1,194 88,602 89,325 LESS ACCUMULATED DEPRECIATION 19,969 53,157 TOTAL 68,633 37,362
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOANS FROM OFFICERS 2,712 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ARIZONA APPAREL FOUNDATION'S MISSION IS TO PROVIDE THE KNOWLEDGE AND RESOURCES NEEDED TO FOSTER ARIZONA'S FASHION INDUSTRY. OUR VISION IS TO CREATE THE NEXT U.S. FASHION CITY IN METROPOLITAN PHOENIX, TO SUPPORT CUTTING EDGE RESEARCH AND INNOVATION IN WEARABLE TECH AND TO BUILD A SUSTAINABLE AND EXCITING NEW INDUSTRY IN ARIZONA. ARIZONA APPAREL FOUNDATION (AAF) IS DEDICATED TO HELPING LOCAL FASHION DESIGN BRANDS NAVIGATE OBSTACLES TO SUCCESS BY PROVIDING THE RESOURCES THEY NEED TO START, GROW, AND THRIVE IN ARIZONA. AAF ALLOWS LOCAL BRANDS TO MANUFACTURE IN ARIZONA. MANUFACTURING APPAREL LOCALLY KEEPS MONEY IN THE STATE, CREATES JOBS, AND USHERS IN A CREATIVE, NEW, SUSTAINABLE, AND IN- DEMAND INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ARIZONA APPAREL FOUNDATION IS FOSTERING ARIZONA'S FASHION INDUSTRY BY REIGNITING THE LOST SKILL OF APPAREL MANUFACTURING, EXCITING AND EDUCATING THE NEXT GENERATION OF FASHION PROFESSIONALS AND PROVIDING AFFORDABLE AND FREE SERVICES TO THE COMMUNITY INCLUDING CLASSES, VOCATIONAL TRAINING, EVENTS AND ACCESS TO REAL INDUSTRY EQUIPMENT AND DESIGNERS. AAF PARTNERS WITH THE CITY OF TEMPE AND THE DOWNTOWN TEMPE AUTHORITY AS WELL AS EDUCATIONAL FACILITIES SUCH AS ARIZONA STATE UNIVERSITY AND PHOENIX UNIFIED SCHOOL DISTRICT. AAF ALSO WORKS WITH ORGANIZATIONS LIKE ECO FASHION WEEK, DESIGNER IN RESIDENCE SCHOLARSHIP PROGRAM, GO TO MARKET CENTER, TCH AND BUSINESSES SUCH AS LABELHORDE AND ARIZONA FASHION SOURCE, STAX 3D PRINTING, AND MORE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ARIZONA APPAREL FOUNDATION ALSO HAS AN ACTIVE AND DEDICATED BOARD OF DIRECTORS, WHO WORK TO BUILD RELATIONSHIPS, SECURE RESOURCES, AND ADVOCATE FOR THE FOUNDATION IN INNUMERABLE WAYS. WITH THEIR ASSISTANCE, AAF WILL CONTINUE TO ESTABLISH COLLABORATIVE PARTNERSHIPS. DURING THE 18/19 FISCAL YEAR, VOLUNTEERS GAVE 4,132 HOURS TO AAF, VALUED AT 70,560.83.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 29
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