Tapestry Farms
- Assets
- $559.2k
- Revenue
- $782.2k
- Investments
- $0.0
- Employees
- 9
- Location
- Davenport, IA
- Founding
- 10/2018
- Data as of
- 12/2023
- EIN
- 82-1925820
Organization Overview
Tapestry Farms is located in Davenport, IA. The organization was established in 2018. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Tapestry Farms employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tapestry Farms 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 12/2023, Tapestry Farms generated $782.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 67.3% each year . All expenses for the organization totaled $373.3k during the year ending 12/2023. While expenses have increased by 52.1% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TAPESTRY FARMS IS A NONPROFIT URBAN FARM SYSTEM THAT INVESTS IN REFUGEES. WE OFFER SOCIAL SERVICES SUPPORT TO REFUGEES, INCLUDING HOUSING, EDUCATION, MEDICAL/MENTAL HEALTH CARE, WORK, BASIC NEEDS, COMMUNITY AND CITIZENSHIP. WE GROW FOOD IN COMMUNITY TO FEED PEOPLE WITH LIMITED RESOURCES, INCLUDING REFUGEES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAPESTRY FARMS INVESTED IN THE LIVES OF APPROXIMATELY 50 REFUGEE FAMILIES IN THE COMMUNITY IN THE AREAS OF CITIZENSHIP, EDUCATION, HOUSING, MEDICAL/MENTAL HEALTH CARE, WORK, BASIC NEEDS, AND COMMUNITY.
CONNECT - REFUGEES ARE ELIGIBLE FOR MANY OF THE SAME COMMUNITY SERVICES THAT AMERICAN CITIZENS ARE ELIGIBLE TO ACCESS. TAPESTRY FARMS REMOVES BARRIERS TO SERVICES AND SUPPORTS, AND THEN SUPPORTS WITH DIRECT FUNDING TO ENSURE ACCESS REMAINS.
THRIVE - TAPESTRY FARMS WORKS TO ENSURE REFUGEE FAMILIES HAVE CONSISTENT ACCESS TO THE BASIC NEEDS REQUIRED TO BUILD A THRIVING LIFE, AND THEN MAKES SURE FAMILIES DO NOT FACE FINANCIAL BARRIERS TO TAKE PART IN COMMUNITY ACTIVITIES, CELEBRATIONS, AND AMENITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Mcglynn Executive Dir. | Trustee | 40 | $46,935 |
Tre'chiondria Lathan Director | Trustee | 1 | $0 |
Wafa Alhajri Director | Trustee | 1 | $0 |
Astrid Tello-Rodriguez Secretary | OfficerTrustee | 4 | $0 |
Hans Schnekloth President | OfficerTrustee | 4 | $0 |
Ewelina Bergert Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $763,107 |
| Noncash contributions included in lines 1a–1f | $22,050 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $763,107 |
| Total Program Service Revenue | $0 |
| Investment income | $295 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,809 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $782,211 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $46,935 |
| Compensation of current officers, directors, key employees. | $23,365 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $92,748 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,707 |
| Payroll taxes | $14,848 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,371 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $638 |
| Office expenses | $3,560 |
| Information technology | $7,264 |
| Royalties | $0 |
| Occupancy | $7,388 |
| Travel | $1,063 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,686 |
| Insurance | $2,538 |
| All other expenses | $52,607 |
| Total functional expenses | $373,328 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $313,543 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $16,094 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,394 |
| Net Land, buildings, and equipment | $228,188 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $559,219 |
| Accounts payable and accrued expenses | $13,593 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $570 |
| Total liabilities | $14,163 |
| Net assets without donor restrictions | $309,950 |
| Net assets with donor restrictions | $235,106 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $559,219 |