Reweave Inc
- Assets
- $17.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ashland, MA
- Founding
- 01/2015
- Data as of
- 12/2019
- EIN
- 46-1877873
Organization Overview
Reweave Inc is located in Ashland, MA. The organization was established in 2015. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reweave Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Reweave Inc generated $66.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $59.1k during the year ending 12/2019. While expenses have increased by 18.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
TO BUILD THE LEARNING TOOLS THAT HELP TEACHERS AND YOUTH INTEGRATE LEADING EFFECTIVE GLOBAL CHANGE DIRECTLY INTO THE SCHOOL DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abhinav Nangia President/treas | 40 | $5,100 | |
Mal Warwick Director | 2 | $0 | |
Steve Hardgrave Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,135 |
| Total Program Service Revenue | $6,750 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,885 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,315 |
| Professional fees and other payments to independent contractors | $876 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,901 |
| Total expenses | $59,092 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,659 |
| Other assets | $0 |
| Total assets | $17,755 |
| Total liabilities | $456 |
| Net assets or fund balances | $17,299 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Reweave Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
The Joan And Leonard Engle Family Foundation Providence, RI PURPOSE: CHARITABLE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Kids Inc New York, NY | $4,141,577 | $7,282,340 |
The Brotherhood Sister Sol Inc New York, NY | $20,180,841 | $12,284,943 |
Youth Improving Non-Profits For Children New York, NY | $6,056,525 | $7,304,563 |
Scan Harbor Inc New York, NY | $5,917,279 | $2,994,479 |
Donation Center Foundation Of Rhode Island Providence, RI | $1,265,710 | $3,198,572 |
Waterbury Youth Services Inc Waterbury, CT | $1,999,942 | $2,776,043 |
Easter Seals Rhode Island Inc North Kingstown, RI | $784,990 | $2,747,030 |
Peace First Inc Boston, MA | $1,179,526 | $1,902,666 |
2164 Inc New York, NY | $1,694,949 | $1,394,666 |
Rhode Island Kids Count Inc Providence, RI | $2,058,192 | $1,737,381 |
Johnny Mac Tennis Project Inc New York, NY | $1,282,133 | $1,443,390 |
Irondale Productions Inc Brooklyn, NY | $1,882,290 | $1,170,159 |