YARNWIRE INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

RUSSELL GREENBERG

Phone

7185012654

Tax Period

2024-08-01 to 2025-07-31

YARNWIRE INC, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $402K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION SEEKS TO EDUCATE THE GENERAL PUBLIC IN MUSIC AND OTHER ART FORMS BY PROVIDING LECTURES, INIDIVIDUAL AND GROUP LESSONS, SEMINARS AND PERFORMANCES.

Program Service Accomplishments

Program 1

Expenses: $345,201 Revenue: $159,997

PRESENTATIONS - PROVIDING EDUCATION THROUGH LECTURES, INDIVIDUAL OR GROUP LESSONS AND/OR SEMINARS AND PUBLIC AND UNIVERSITY PERFORMANCES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $242,476

Program Service Revenue $159,997

Investment Income $16

Other Revenue $0

TOTAL REVENUE $402,489

Expense Breakdown

Grants Paid $0

Salaries & Benefits $238,805

Fundraising Expenses $6,811

Program Expenses $345,201

Other Expenses $163,841

TOTAL EXPENSES $402,646

Year-over-Year Comparison

	2024	2023	Change
Revenue	$402,489	$371,254	+0.1%
Expenses	$402,646	$418,961	0.0%
Net Income	$-157	$-47,707	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$68,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSSELL GREENBERG	EXECUTIVE DI	20.00	Officer	$68,000	$0	$68,000
LAWRENCE MESICH	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
TAMI MORSE	TREASURER	1.00	Officer Director	$0	$0	$0
KELLY SAVAGE	SECRETARY	1.00	Officer Director	$0	$0	$0
ELIZABETH WANG	DIRECTOR	1.00	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
2025	$402,489	$402,646	$79,875	$-157
2024	$371,254	$418,961	$70,368	$-47,707
2023	$528,199	$531,533	$86,972	$-3,334
2022	$508,263	$471,475	$93,852	$36,788
2021	$223,669	$209,111	$78,641	$14,558
2020	$239,729	$230,442	$60,713	$9,287
2019	$222,437	$226,576	$26,884	$-4,139
2018	$257,056	$246,907	$35,523	$10,149