Civic Intelligence

Yarnlabs Inc

EIN 83-0638683 • 501(c)3 • Wellesley, MA

Profile

YarnLabs is a fiscal sponsor that aims to provide a range of strategic and administrative guidance and counsel, particularly for academic projects looking to scale their work.

15 Walnut Street 150Wellesley, MA 02481

n/a

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

1st percentile

-17541%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

39th percentile

-11%

Faster asset growth than 39% of similar nonprofits.

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

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$203,297

Down $23,856 (-11%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$203,297

Down $23,856 (-11%) from 2020

Operations
Liabilities / Revenue62nd percentileNet Margin1st percentile

Revenue

Down

$136

Down $190,667 (-100%) from 2020

Expenses

Down

$23,992

Down $1,670,236 (-99%) from 2020

Net Income

Up

-$23,856

Up $1,479,569 (+98%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth39th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2018: $1,000,150Liabilities 2018: $0Net Assets 2018: $1,000,1502018Assets 2019: $1,828,520Liabilities 2019: $58,649Net Assets 2019: $1,769,8712019Assets 2020: $227,153Liabilities 2020: $0Net Assets 2020: $227,1532020Assets 2021: $203,297Liabilities 2021: $0Net Assets 2021: $203,2972021

Highlighted filing

2021

Assets$203,297
Liabilities$0
Net Assets$203,297
Open 2021 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2018: $1,000,150Expenses 2018: $0Net Income 2018: $1,000,1502018Revenue 2019: $2,663,011Expenses 2019: $1,893,290Net Income 2019: $769,7212019Revenue 2020: $190,803Expenses 2020: $1,694,228Net Income 2020: -$1,503,4252020Revenue 2021: $136Expenses 2021: $23,992Net Income 2021: -$23,8562021

Highlighted filing

2021

Revenue$136
Expenses$23,992
Net Income-$23,856
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$203,297
Liabilities
$0
Net assets
$203,297
Revenue
$136
Expenses
$23,992
Net income
-$23,856
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.00$0.02$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.19$1.69$1.50
2019Detailed filing. Detailed filing data is available for this year.$1.83$0.06$1.77$2.66$1.89$0.77
2018Summary only. Only limited summary data is available for this year.$1.00$0.00$1.00$1.00$0.00$1.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.0
Gross Receipts
$136
Mission and Program Overview

Mission

YarnLabs is a fiscal sponsor that aims to provide a range of strategic and administrative guidance and counsel, particularly for academic projects looking to scale their work.

Program Services

DescriptionGrantsExpenses
In 2020, YarnLabs supported two project groups, the Algorithmic Justice League and the Knowledge Futures Group. YarnLabs helped the Algorithmic Justice League obtain grant funds for 2020-2021 from four different foundations, the MacArthur Foundation, the Ford Foundation, the Rockefeller Foundation and Sloan Foundation. As a result of YarnLabss decision to dissolve the fiscal sponsorship relationships with the two projects were terminated.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Samantha BatesDirector COM. & Adm-$0--
Colin RaneyPresident-$0--
Morgan BinswangerTreasurer-$0--
Michelle Kydd LeeSecretary-$0--
Filing and Contact Details

Filer

Filer Name
YarnLabs Inc
EIN
83-0638683
Phone
8285698491
Address
15 Walnut Street 150, Wellesley, MA 02481

Signing Officer

Name
Samantha Bates
Title
Director COM. & Adm
Signed
2022-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Schall & Ashenfarb Cpas LLC
Address
307 FIFTH AVE 15TH FL, NEW YORK, NY 10016
Preparer
Michael Schall
Phone
2122682800
Supplemental Narrative

Additional Explanations

Other Expenses.1

“Other Expenses $992”

Raw XML Appendix136 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Samantha Bates
IRS990EZ/BooksInCareOfDetail/PhoneNum08285698491
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt015 Walnut Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Wellesley
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002481
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0227153
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0203297
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IRS990EZ/ContributionsGiftsGrantsEtcAmt0136
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-23856
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt023000
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0136
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Colin Raney
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Morgan Binswanger
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Michelle Kydd Lee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Dir. Com. & Adm
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0992
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0YarnLabs is a fiscal sponsor that aims to provide a range of strategic and administrative guidance and counsel, particularly for academic projects looking to scale their work.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0In 2020, YarnLabs supported two project groups, the Algorithmic Justice League and the Knowledge Futures Group. YarnLabs helped the Algorithmic Justice League obtain grant funds for 2020-2021 from four different foundations, the MacArthur Foundation, the Ford Foundation, the Rockefeller Foundation and Sloan Foundation. As a result of YarnLabss decision to dissolve the fiscal sponsorship relationships with the two projects were terminated.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt023992
IRS990EZ/TotalRevenueAmt0136
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0n/a
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0136
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0146908
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02338150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01000150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03485344
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013079
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0314187
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0327266
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt037739
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0375872
IRS990ScheduleA/SubstantialContributorsTotAmt03109472
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0136
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0146908
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02338150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01000150
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03485344
IRS990ScheduleA/TotalSupportAmt03812610
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other Expenses $992
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Samantha Bates
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Dir. Com. & Adm
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YarnLabs Inc
ReturnHeader/Filer/BusinessNameControlTxt0YARN
ReturnHeader/Filer/EIN0830638683
ReturnHeader/Filer/PhoneNum08285698491
ReturnHeader/Filer/USAddress/AddressLine1Txt015 Walnut Street 150
ReturnHeader/Filer/USAddress/CityNm0Wellesley
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002481
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0134036703
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010016
ReturnHeader/PreparerPersonGrp/PhoneNum02122682800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael Schall
ReturnHeader/ReturnTs02022-11-14T10:31:54-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Samantha
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Bates
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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