Fashion Community Foundation is located in Indianapolis, IN. The organization was established in 2019. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fashion Community Foundation 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 12/2021, Fashion Community Foundation generated $24.0k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $22.2k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE FASHION COMMUNITY FOUNDATION, THROUGH ITS INNOVATIVE HANDS-ON TRAINING PROGRAM, AIMS TO CREATE THE SPACE FOR VULNERABLE YOUNG PEOPLE TO HAVE AN OPPORTUNITY TO LEARN PRACTICAL SKILLS IN THE AREA OF FASHION DESIGN THAT ALLOWS FOR EMPLOYMENT IN AN INDUSTRY THAT VERY FEW CAN REALIZE.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $23,988 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $23,988 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $9,374 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $290 |
Other expenses | $12,536 |
Total expenses | $22,200 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,601 |
Other assets | $0 |
Total assets | $12,601 |
Total liabilities | $2,941 |
Net assets or fund balances | $9,660 |
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