FIREWEED COMMUNITY WOODSHOP

EIN: 854388725 501(c)(3) Arts, Culture & Humanities

Minneapolis, MN

Total Revenue
$221,981
Total Expenses
$228,971
Total Assets
$150,404
Net Assets
$122,780
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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
2020
Legal Domicile
MN
Principal Officer
Leah Van Tassel
Phone
4046629873
Tax Period
2025-01-01 to 2025-12-31

FIREWEED COMMUNITY WOODSHOP, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $222K in total revenue in fiscal year 2025. Revenue decreased 10% compared to the prior year.

Mission

Fireweed Community Woodshop empowers women and non-binary folks through education in the art of woodcraft. Woodworking is an incredible skill that is both practical and creative. The act of woodworking builds confidence and strengthens the imagination. Fireweed Community Woodshops goal is to introduce women and non-binary folks to tools and techniques through classes while providing equipment workspace and community to help women and non-binary flourish within the craft.

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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 (2025)

Revenue Breakdown

Contributions & Grants $79,711
Program Service Revenue $127,790
Investment Income $4,411
Other Revenue $10,069
TOTAL REVENUE $221,981

Expense Breakdown

Grants Paid $0
Salaries & Benefits $81,805
Fundraising Expenses $0
Program Expenses $221,497
Other Expenses $147,166
TOTAL EXPENSES $228,971

Year-over-Year Comparison

2025 2024 Change
Revenue $221,981 $246,389 -0.1%
Expenses $228,971 $207,032 +0.1%
Net Income $-6,990 $39,357 -1.2%
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

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Governance

Voting Members
13
Independent Members
12
Employees
3
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
1
$24,020
Total Directors
13
$28,568
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Leah Van Tassel Director - Director of Operations 20.00
Officer Director
$24,020 $0 $24,020
Molly Green Director 1.00
Director
$0 $0 $0
Jeanette Torkelson Director 1.00
Director
$4,548 $0 $4,548
Heidi Wallis Director 1.00
Director
$0 $0 $0
Amanda Ressler Director 1.00
Director
$0 $0 $0
Stephanie Lunieski Director 1.00
Director
$0 $0 $0
Barbara Mikk Director 1.00
Director
$0 $0 $0
Heidi Wagner Director 1.00
Director
$0 $0 $0
Margaret Grefig Director - Treasurer 1.00
Director
$0 $0 $0
Erika Janik Director 1.00
Director
$0 $0 $0
Adrienne Baker Director - Secretary 1.00
Director
$0 $0 $0
Nico Carpenter Director - Co-Chair 1.00
Director
$0 $0 $0
Katie Rehani Director - Co-Chair 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 $221,981 $228,971 $150,404 $-6,990
2024 $246,389 $207,032 $160,588 $39,357
2023 $209,199 $184,972 $124,959 $24,227
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