Civic Intelligence

Fabric Tempe

990 • Fiscal year 2021 • EIN 85-4318633

Jan 01, 2021 to Dec 31, 2021 • Filed on Dec 05, 2022

132 E 6th StreetTempe, AZ 85281

(602) 743-4638

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

32nd percentile

2.2%

Higher net margin than 32% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$14,180

No earlier filing loaded for comparison.

Net Assets

$14,180

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$638,596

No earlier filing loaded for comparison.

Expenses

$624,376

No earlier filing loaded for comparison.

Net Income

$14,220

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100KAssets 2021: $14,180Liabilities 2021: $0Net Assets 2021: $14,1802021Assets 2022: $37,027Liabilities 2022: $44,684Net Assets 2022: -$7,6572022Assets 2023: $90,293Liabilities 2023: $189,511Net Assets 2023: -$99,2182023Assets 2024: $8,244Liabilities 2024: $80,803Net Assets 2024: -$72,5592024

Highlighted filing

2021

Assets$14,180
Liabilities$0
Net Assets$14,180

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2021: $638,596Expenses 2021: $624,376Net Income 2021: $14,2202021Revenue 2022: $489,190Expenses 2022: $511,027Net Income 2022: -$21,8372022Revenue 2023: $569,181Expenses 2023: $660,742Net Income 2023: -$91,5612023Revenue 2024: $532,438Expenses 2024: $505,779Net Income 2024: $26,6592024

Highlighted filing

2021

Revenue$638,596
Expenses$624,376
Net Income$14,220
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Dec 5, 2022
Return Version
2021v4.1
Gross Receipts
$638,596
Mission and Program Overview

Mission

Fabric Tempe's mission is to provide apparel entrepreneurs with training, guidance, innovative industry resources, and access to no-minimum and on-demand manufacturing so they can build sustainable fashion businesses domestically.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$7,747-
Land, Buildings, and Equipment, Net-$6,433-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$0$14,180▲ $14,180
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$14,180-
Total Net Assets Fund Balance$0$14,180▲ $14,180
Total Liabilities and Net Assets / Fund Balance$0$14,180▲ $14,180

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,402$1,350$6,752
Other Land Buildings$1,031$257$1,288
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sherri BarryChairman
Angela JohnsonCo-Chair
Leslie LangeSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$201,243
Program Service Revenue
$437,353
Investment Income
$0
Other Revenue
$0
All Other Contributions
$201,243
Change in Net Assets
$14,220
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$465,148
Other Expenses$159,228
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$279,945$69,986-$349,931
Payroll Taxes$72,429$18,107-$90,536
Other Employee Benefits$19,745$4,936-$24,681
Advertising$16,874$4,218-$21,092
Fees for Services Other$16,689$4,172-$20,861
Office Expenses$13,791$3,448-$17,239
Fees for Services Legal$9,080$2,270-$11,350
All Other Expenses$8,154$2,038-$10,192
Other Expenses$5,937$1,484-$7,421
Insurance$5,934$1,484-$7,418
Depreciation Depletion$1,286$322-$1,608
Travel$658$165-$823
Total Functional Expenses$499,501$124,875$0$624,376
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
Subject to proxy tax
No
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
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
Yes
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

The board appoints certain officers and admistrative employees of the organization to review the form 990 before filing.

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

The organization makes disclosure of the form 990 and other governing documents, policies, and financial statements available upon request to the administration of the organization.

Filing and Contact Details

Filer

Filer Name
Fabric Tempe
EIN
85-4318633
Phone
6027434638
Address
132 E 6TH STREET, TEMPE, AZ 85281

Signing Officer

Name
Sherri Barry
Title
President
Signed
2022-12-05
Discuss with paid preparer
Yes

Organization Details

Formed
2021
Legal Domicile
Az
Voting Board Members
3
Independent Board Members
3
Employees
29

Preparer

Firm
Haynie & Company
Address
1785 WEST 2300 SOUTH, SALT LAKE CITY, UT 84119
Preparer
Stacy A Schneider CPA
Phone
8019724800
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Prior period adjustment = -$40

Raw XML Appendix370 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.

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IRS990/ProgSrvcAccomActy2Grp/Desc0All community members and entrepreneurs receive benefits including a free sourcing library, free business directory listing to all fabric industry pros, free fashion job classified ads, free local fashion event calendar, free and discounted event space to select non-profits and qualifying entities, discounted office/studio space to all industry pros, free and discounted events and classes. Also access to discounted industry design, manufacturing, branding, business startup and marketing services. Access to no minimum manufacturing using the Apparel Entrepreneur Digital Assistant road map.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD APPOINTS CERTAIN OFFICERS AND ADMISTRATIVE EMPLOYEES OF THE ORGANIZATION TO REVIEW THE FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES DISCLOSURE OF THE FORM 990 AND OTHER GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST TO THE ADMINISTRATION OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR PERIOD ADJUSTMENT = -$40
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0201243
IRS990/TotalEmployeeCnt029
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0124875
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0499501
IRS990/TotalFunctionalExpensesGrp/TotalAmt0624376
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt014180
IRS990/TotalProgramServiceExpensesAmt0499501
IRS990/TotalProgramServiceRevenueAmt0437353
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0437353
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0638596
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014180
IRS990/TravelGrp/ManagementAndGeneralAmt0165
IRS990/TravelGrp/ProgramServicesAmt0658
IRS990/TravelGrp/TotalAmt0823
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0132 E 6TH STREET
IRS990/USAddress/CityNm0TEMPE
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085281
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHERRI BARRY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-12-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FABRIC TEMPE
ReturnHeader/Filer/BusinessNameControlTxt0FABR
ReturnHeader/Filer/EIN0854318633
ReturnHeader/Filer/PhoneNum06027434638
ReturnHeader/Filer/USAddress/AddressLine1Txt0132 E 6TH STREET
ReturnHeader/Filer/USAddress/CityNm0TEMPE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0870325228
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAYNIE & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01785 WEST 2300 SOUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SALT LAKE CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd084119
ReturnHeader/PreparerPersonGrp/PhoneNum08019724800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Stacy A Schneider CPA
ReturnHeader/ReturnTs02022-12-05T07:08:19-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHERRI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BARRY
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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