YarnLabs Inc (EIN 830638683) - 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

2018

Legal Domicile

Principal Officer

Morgan Binswanger

Phone

8285698491

Tax Period

2019-01-01 to 2019-12-31

YarnLabs Inc, founded in 2018, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2019. Revenue surged 166% from the prior year, signaling strong growth momentum. The organization ran a surplus of $770K, a strong 29% operating margin.

Mission

YarnLabs is a fiscal sponsor that aims to provide a range of strategic and administrative guidance and counsel, particularly for academic projects looking to scale their work.

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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 (2019)

Revenue Breakdown

Contributions & Grants $2,338,150

Program Service Revenue $10,674

Investment Income $0

Other Revenue $314,187

TOTAL REVENUE $2,663,011

Expense Breakdown

Grants Paid $467,332

Salaries & Benefits $614,088

Fundraising Expenses $214,036

Program Expenses $1,328,925

Other Expenses $811,870

TOTAL EXPENSES $1,893,290

Year-over-Year Comparison

	2019	2018	Change
Revenue	$2,663,011	$1,000,150	+1.7%
Expenses	$1,893,290	N/A	N/A
Net Income	$769,721	$1,000,150	-0.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeong Seuk-Kang	Dir of Impact	40.00		$115,768	$0	$115,768
Morgan Binswanger	Treasurer	1.50	Officer Director	$0	$0	$0
Barak Berkowitz	Director	1.50	Director	$0	$0	$0
Martha Collins	Sec thru 11/19	1.50	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
2019	$2,663,011	$1,893,290	$1,828,520	$769,721

YarnLabs Inc