Civic Intelligence

Arizona Apparel Foundation

990EZ • Fiscal year 2021 • EIN 81-2636209

Jul 01, 2020 to Jun 30, 2021 • Filed on May 11, 2022

2307 S Rural RdTempe, AZ 85282

(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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

6th percentile

-147%

Higher net margin than 6% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$17,500

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 40.4% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

20th percentile

-18%

Faster asset growth than 20% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-91%

Faster revenue growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$298,258

Down $63,806 (-18%) from 2020

Net Assets

Down

$298,258

Down $63,806 (-18%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$43,281

Down $438,094 (-91%) from 2020

Expenses

Down

$107,087

Down $55,081 (-34%) from 2020

Net Income

Down

-$63,806

Down $383,013 (-120%) from 2020

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

2021

Assets$298,258
Liabilities-
Net Assets$298,258

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

2021

Revenue$43,281
Expenses$107,087
Net Income-$63,806
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 11, 2022
Return Version
2020v4.1
Gross Receipts
$43,281
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.

See Schedule O

Program Services

DescriptionGrantsExpenses
See Schedule O$18,500$59,969
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephanie Laborde PierottiExecutive DirectorFT$17,500-$17,500
Rhonda BannardCharimanPT$0--
Eva LouisSecretaryPT$0--
Marshall ShoreDirector-$0--
Thom BrodeurOfficer-$0--
Melissa FarleyOfficer-$0--
Filing and Contact Details

Filer

Filer Name
The Fabric Foundation
EIN
81-2636209
Phone
6027434638
Address
2307 S Rural Rd, Tempe, AZ 85282

Signing Officer

Name
Rhonda Bannard
Title
Chair
Signed
2022-05-11

Preparer

Firm
Stevenson CPA LLC
Address
24 W Camelback Road A568, Phoenix, AZ 85013
Preparer
Lisa Stevenson
Phone
6023199243
Supplemental Narrative

Additional Explanations

990EZ Part I Line 8

Other income includes interest Income & rental income.

990EZ Part I Line 10

A grant was made to an organization to support its efforts to provide PPE and water to Tempe Fire and Police.

990EZ Part I Line 16

Other expenses include marketing, bank fees, insurance, small equipment, supplies, bad debt for uncollectible prior year receivable.

990EZ Part II Line 23

During the year, the organization moved its equipment to a facility for future use and held it with the intent of economic workforce development within the fashion industry as part of the organization's programmatic mission.

990EZ Part III

The organizations primary exempt function is to provide the knowledge and resources needed to foster Arizona's fashion industry.

990EZ Part III Lines 28-31

Our Designer in Residence Incubator program has been helping local designers make their dreams a reality for four years. In fiscal year 2021, 9 designers participated. The program involved weekly mentoring sessions between local and regional designers. In fiscal year 2021, the organization focused on workforce development and implemented 20-30 sewing machines as part of this effort. The organization also utilized equipment to support the manufacturing of PPE.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other income includes interest Income & rental income.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A grant was made to an organization to support its efforts to provide PPE and water to Tempe Fire and Police.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Other expenses include marketing, bank fees, insurance, small equipment, supplies, bad debt for uncollectible prior year receivable.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3During the year, the organization moved its equipment to a facility for future use and held it with the intent of economic workforce development within the fashion industry as part of the organization's programmatic mission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organizations primary exempt function is to provide the knowledge and resources needed to foster Arizona's fashion industry.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Our Designer in Residence Incubator program has been helping local designers make their dreams a reality for four years. In fiscal year 2021, 9 designers participated. The program involved weekly mentoring sessions between local and regional designers. In fiscal year 2021, the organization focused on workforce development and implemented 20-30 sewing machines as part of this effort. The organization also utilized equipment to support the manufacturing of PPE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990EZ Part I Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990EZ Part I Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2990EZ Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3990EZ Part II Line 23
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4990EZ Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5990EZ Part III Lines 28-31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Rhonda Bannard
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chair
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Fabric Foundation
ReturnHeader/Filer/BusinessNameControlTxt0THE
ReturnHeader/Filer/EIN0812636209
ReturnHeader/Filer/PhoneNum06027434638
ReturnHeader/Filer/USAddress/AddressLine1Txt02307 S Rural Rd
ReturnHeader/Filer/USAddress/CityNm0Tempe
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085282
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0867244186
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Stevenson CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt024 W Camelback Road A568
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Phoenix
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085013
ReturnHeader/PreparerPersonGrp/PhoneNum06023199243
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lisa Stevenson
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-05-11T12:47:30-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Rhonda Bannard
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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