TAPESTRY INC

EIN: 042756818

CAMBRIDGE, MA

Total Revenue
$275
Total Expenses
$1,630
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
MA
Principal Officer
NANCY REED
Phone
6176610248
Tax Period
2018-01-01 to 2018-12-31

TAPESTRY INC, founded in 1977, is a micro nonprofit that reported $275 in total revenue in fiscal year 2018. Expenses of $2K exceeded revenue, resulting in a 493% operating deficit.

Mission

TO PROVIDE LOW COST THERAPY AND FREE INFORMATION & REFERRAL

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $275
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $275

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,355
Other Expenses $1,630
TOTAL EXPENSES $1,630

Year-over-Year Comparison

2018 2017 Change
Revenue $275 $275 N/A
Expenses $1,630 $576 +1.8%
Net Income $-1,355 $-301 +3.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY REED DIRECTOR N/A
Director
$0 $0 $0
BERYL MINKLE PRESIDENT N/A
Officer Director
$0 $0 $0
DENISE BENOIT TREASURER N/A
Officer Director
$0 $0 $0
MARIBETH ARENA CLERK N/A
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $275 $1,630 No data $-1,355
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