Form 990, Page 6, Part VI, Line 11B
“The draft 990 information return is provided to the board of directors for review prior to filing.”
990 • Fiscal year 2021 • EIN 85-0440047
Scores are not available for this record yet.
Assets
Flat$745,795
Flat from 2021
Net Assets
Flat$582,145
Flat from 2021
Liabilities
Flat$163,650
Flat from 2021
Revenue
Flat$1,735,568
Flat from 2021
Expenses
Flat$1,723,254
Flat from 2021
Net Income
Flat$12,314
Flat from 2021
The mission of southwest creations collaborative is to create dignified living wage jobs for women in new mexico through a sustainable manufacturing social enterprise that engages its employees, customers and the community in building strong families.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $516,954 | $424,521 | ▼ $92,433 |
| Land, Buildings, and Equipment, Net | $16,730 | $177,932 | ▲ $161,202 |
| Accounts Receivable | $97,885 | $61,692 | ▼ $36,193 |
| Inventories for Sale or Use | $22,210 | $40,954 | ▲ $18,744 |
| Pledges and Grants Receivable | $250,000 | $25,000 | ▼ $225,000 |
| Prepaid Expenses and Deferred Charges | $7,457 | $10,349 | ▲ $2,892 |
| Savings and Temporary Cash Investments | - | $5,347 | - |
| Total Assets | $911,236 | $745,795 | ▼ $165,441 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $311,421 | $100,000 | ▼ $211,421 |
| Accounts Payable and Accrued Expenses | $29,984 | $63,650 | ▲ $33,666 |
| Total Liabilities | $341,405 | $163,650 | ▼ $177,755 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $365,642 | $446,614 | ▲ $80,972 |
| Net Assets With Donor Restrictions | $204,189 | $135,531 | ▼ $68,658 |
| Total Net Assets Fund Balance | $569,831 | $582,145 | ▲ $12,314 |
| Total Liabilities and Net Assets / Fund Balance | $911,236 | $745,795 | ▼ $165,441 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $106,715 | $293,272 | $399,987 |
| Equipment | $71,217 | $171,360 | $242,577 |
| Other Land Buildings | - | $38,066 | $38,066 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Susan Matteucci | Executive Di | FT | $81,376 | $81,376 |
| Flora I Lopez | Director | FT | $75,035 | $75,035 |
| Name | Title |
|---|---|
| Karen Converse | President |
| Clare Zurawski | Director |
| Elissa Breitbard | Director |
| Isabelle Barreras | Director |
| Lawrence Rael | Director |
| Tamara Bates | Director |
| Yasine Armstrong | Director |
| Karen Dunning | Secretary |
| Linnea Bonacci | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,265,427 |
| Other Expenses | $457,827 |
| Total Fundraising Expense | $32,464 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $914,581 | $77,522 | $20,246 | $1,012,349 |
| Current Officers, Directors, Trustees, and Key Employees | $141,304 | $11,978 | $3,129 | $156,411 |
| Occupancy | $91,314 | $30,436 | - | $121,750 |
| Payroll Taxes | $83,147 | $7,048 | $1,841 | $92,036 |
| Fees for Services Other | $21,844 | $33,433 | - | $55,277 |
| Conferences and Meetings | $16,433 | $5,478 | - | $21,911 |
| Depreciation Depletion | $13,041 | $4,347 | - | $17,388 |
| Insurance | $11,288 | $3,763 | - | $15,051 |
| All Other Expenses | $5,396 | $563 | $7,155 | $13,114 |
| Office Expenses | $8,231 | $2,744 | - | $10,975 |
| Other Expenses | $6,608 | $2,202 | - | $8,810 |
| Other Employee Benefits | $4,445 | $93 | $93 | $4,631 |
| Interest | - | $2,748 | - | $2,748 |
| Travel | $253 | $84 | - | $337 |
| Total Functional Expenses | $1,498,495 | $192,295 | $32,464 | $1,723,254 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,723,254 |
| Total Expenses per Audited Statements | $1,723,254 |
| Total Expenses per Form 990 | $1,723,254 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The draft 990 information return is provided to the board of directors for review prior to filing.”
“Each year, an annual board retreat is held and a discussion takes place regarding board members and potential conflicts of interest. During the retreat, the organization ensures that no member who exercises any function with respect to the organization's activities or who is in a position to participate in a decision making process would obtain a personal or financial interest or benefit in any way.”
“Compensation of the executive director is determined by an annual review of the board of directors.”
“Compensation is determined by an annual review of the board of directors.”
“Governing documents, policies and audited financial statements are made available upon request.”
“The mission of southwest creations collaborative is to create dignified living wage jobs for women in new mexico through a sustainable manufacturing social enterprise that engages its employees, customers and the community in building strong families.”
“Scc is a nonprofit organization and qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code. Scc regularly evaluates activities as it relates to its tax-exempt status. If scc activities are determined to be outside of its tax-exempt status the potential exists for tax liabilities on those unrelated activities. Currently, scc engages in no activities that would be taxed as unrelated business income.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 61692 |
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| IRS990/ActivityOrMissionDesc | 0 | THE MISSION OF SOUTHWEST CREATIONS COLLABORATIVE IS TO CREATE DIGNIFIED LIVING WAGE JOBS FOR WOMEN IN NEW MEXICO THROUGH A SUSTAINABLE MANUFACTURING SOCIAL ENTERPRISE THAT ENGAGES ITS EMPLOYEES, CUSTOMERS AND THE COMMUNITY IN BUILDING STRONG FAMILIES. |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | 12314 |
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| IRS990/Desc | 0 | THE ORGANIZATION CONTINUED TO CREATE DIGNIFIED LIVING WAGE JOBS FOR WOMEN IN NEW MEXICO THROUGH A SUSTAINABLE MANUFACTURING SOCIAL ENTERPRISE THAT ENGAGES ITS EMPLOYEES, CUSTOMERS AND THE COMMUNITY IN BUILDING STRONG FAMILIES. |
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| IRS990/OtherExpensesGrp/Desc | 3 | MARKETING & BUSINESS DEV |
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| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 4676 |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 6608 |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | SCC IS A NONPROFIT ORGANIZATION AND QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. SCC REGULARLY EVALUATES ACTIVITIES AS IT RELATES TO ITS TAX-EXEMPT STATUS. IF SCC ACTIVITIES ARE DETERMINED TO BE OUTSIDE OF ITS TAX-EXEMPT STATUS THE POTENTIAL EXISTS FOR TAX LIABILITIES ON THOSE UNRELATED ACTIVITIES. CURRENTLY, SCC ENGAGES IN NO ACTIVITIES THAT WOULD BE TAXED AS UNRELATED BUSINESS INCOME. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
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| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE MISSION OF SOUTHWEST CREATIONS COLLABORATIVE IS TO CREATE DIGNIFIED LIVING WAGE JOBS FOR WOMEN IN NEW MEXICO THROUGH A SUSTAINABLE MANUFACTURING SOCIAL ENTERPRISE THAT ENGAGES ITS EMPLOYEES, CUSTOMERS AND THE COMMUNITY IN BUILDING STRONG FAMILIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE DRAFT 990 INFORMATION RETURN IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EACH YEAR, AN ANNUAL BOARD RETREAT IS HELD AND A DISCUSSION TAKES PLACE REGARDING BOARD MEMBERS AND POTENTIAL CONFLICTS OF INTEREST. DURING THE RETREAT, THE ORGANIZATION ENSURES THAT NO MEMBER WHO EXERCISES ANY FUNCTION WITH RESPECT TO THE ORGANIZATION'S ACTIVITIES OR WHO IS IN A POSITION TO PARTICIPATE IN A DECISION MAKING PROCESS WOULD OBTAIN A PERSONAL OR FINANCIAL INTEREST OR BENEFIT IN ANY WAY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY AN ANNUAL REVIEW OF THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | COMPENSATION IS DETERMINED BY AN ANNUAL REVIEW OF THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | GOVERNING DOCUMENTS, POLICIES AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.