TAPESTRY FARMS (EIN 821925820) - Form 990 Financial Analysis & Trantor Score

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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

2017

Legal Domicile

Principal Officer

ANN MCGLYNN

Phone

5633700004

Tax Period

2024-01-01 to 2024-12-31

TAPESTRY FARMS, founded in 2017, is a small nonprofit in the Human Services sector that reported $668K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $621K left a modest 7% surplus.

Mission

TAPESTRY FARMS IS A NONPROFIT URBAN FARM SYSTEM THAT INVESTS IN REFUGEES WHO LIVE IN THE QUAD CITIES. WE DO THIS THROUGH SOCIAL SERVICES, FARMING, AND WELCOMING INFRASTRUCTURE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $582,501

Program Service Revenue $47,081

Investment Income $10,688

Other Revenue $28,010

TOTAL REVENUE $668,280

Expense Breakdown

Grants Paid $0

Salaries & Benefits $268,251

Fundraising Expenses $4,226

Program Expenses $527,108

Other Expenses $353,203

TOTAL EXPENSES $621,454

Year-over-Year Comparison

	2024	2023	Change
Revenue	$668,280	$782,211	-0.1%
Expenses	$621,454	$373,328	+0.7%
Net Income	$46,826	$408,883	-0.9%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK SMITH	Director	1.00	Director	$0	$0	$0
WAFA ALHAJRI	Director	1.00	Director	$0	$0	$0
PARNIAN AMIRI	Director	1.00	Director	$0	$0	$0
HANS SCHNEKLOTH	President	4.00	Officer Director	$0	$0	$0
EWELINA BERGERT	Director	1.00	Director	$0	$0	$0
NIKKI HABBEN	Director	1.00	Director	$0	$0	$0
SARAH RISSLER	Director	1.00	Director	$0	$0	$0
ANN GARTON	Vice President	1.00	Officer Director	$0	$0	$0
TINA STUBBS	Director	1.00	Director	$0	$0	$0
MILES THOMPSON	Director	1.00	Director	$0	$0	$0
DESTINY GLOVER	Treasurer	1.00	Officer Director	$0	$0	$0
ANN MCGLYNN	Executive Dir.	40.00	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	$668,280	$621,454	$606,370	$46,826
2023	$782,211	$373,328	$559,219	$408,883
2022	$370,374	$337,426	$147,341	$32,948
2021	$262,392	$209,614	$107,367	$52,778

TAPESTRY FARMS