THE SEWING LABS (EIN 811057714) - Form 990 Financial Analysis & Trantor Score

🔒

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

2016

Legal Domicile

Principal Officer

EILEEN BOBOWSKI

Phone

8168883051

Tax Period

2024-01-01 to 2024-12-31

THE SEWING LABS, founded in 2016, is a small nonprofit in the Education sector that reported $648K in total revenue in fiscal year 2024. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $224K, a strong 35% operating margin.

Mission

THE SEWING LABS IS AN INCLUSIVE AND WELCOMING COMMUNITY TEACHING THE LEGACY OF SEWING FOR EMPLOYMENT,ENTREPRENEURSHIP, AND ENRICHMENT.

🔒

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 $611,246

Program Service Revenue $85,246

Investment Income $2,770

Other Revenue $-51,550

TOTAL REVENUE $647,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $248,862

Fundraising Expenses $10,126

Program Expenses $249,859

Other Expenses $174,357

TOTAL EXPENSES $423,219

Year-over-Year Comparison

	2024	2023	Change
Revenue	$647,712	$398,785	+0.6%
Expenses	$423,219	$397,429	+0.1%
Net Income	$224,493	$1,356	+164.6%

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

109

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

$87,011

Total Directors

$87,011

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBYN KERKAERT	EXECUTIVE DIRECTOR AND BOA	40.00	Officer Director	$87,011	$0	$87,011
BARBARA HADLEY	BOARD TREASURER	2.00	Officer Director	$0	$0	$0
NANCY PETERSEN	BOARD VICE PRESIDENT	2.00	Director	$0	$0	$0
JEAN MEYER	BOARD MEMBER	2.00	Director	$0	$0	$0
AMY BARICKMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
CARA VOSS	BOARD PRESIDENT	2.00	Director	$0	$0	$0
JIM VANDYKE	BOARD MEMBER	2.00	Director	$0	$0	$0
KATELYN PETER	BOARD MEMBER	2.00	Director	$0	$0	$0
ANN GREENLEAF	BOARD SECRETARY	2.00	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
2024	$647,712	$423,219	$678,166	$224,493
2023	$398,785	$397,429	$422,973	$1,356
2022	$430,268	$399,333	$349,507	$30,935
2021	$321,555	$279,387	$318,131	$42,168
2020	$266,486	$254,372	$309,255	$12,114
2019	$309,709	$163,321	$274,387	$146,388

THE SEWING LABS