everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Fabscrap Inc

Brooklyn, NY / EIN 81-3795981 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201792,291106,546−14,2551.5
2018371,065294,46176,6043.732%
2019624,728584,65740,0713.327%
2020673,859742,084−68,2251.534%
20211,218,5851,128,27690,3091.938%
20221,510,1011,569,068−58,9671.037%
20231,238,7791,415,358−176,579-0.036%

In its most recent public year (2023), this organization spent $176,579 more than it brought in. Its reserves stood at about 0 months of spending, down from 1.5 in 2017. Staff pay was 36% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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