FAMILY ARTS NEEDLEWORK SHOP INC

EIN: 860222527 501(c)(3) Philanthropy & Grantmaking

PHOENIX, AZ

Total Revenue
$371,557
Total Expenses
$266,175
Total Assets
$290,967
Net Assets
$253,613
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
AZ
Principal Officer
TINA SMITH
Phone
6023636448
Tax Period
2024-08-01 to 2025-07-31

FAMILY ARTS NEEDLEWORK SHOP INC, founded in 1968, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $372K in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $105K, a strong 28% operating margin.

Mission

RETAIL SALES OF NEEDLEPOINT AND RELATED ITEMS FOR PROVIDING SUPPORT TO THE GABRIEL'S ANGELS FOUNDATION (86-0991198), AN EDUCATIONAL 501(C)(3), FREE ARTS ARIZONA FOUNDATION (86-0739613), AN SUPPORTING ABUSED CHILDREN 501(C)(3), AND ROSIE'S HOUSE FOUNDATION (86-0650451), AN EDUCATIONAL 501(C)(3).

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $30,781
Program Service Revenue $126,000
Investment Income $1
Other Revenue $214,775
TOTAL REVENUE $371,557

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $116,897
Fundraising Expenses $0
Program Expenses $265,597
Other Expenses $146,278
TOTAL EXPENSES $266,175

Year-over-Year Comparison

2024 2023 Change
Revenue $371,557 $233,872 +0.6%
Expenses $266,175 $269,980 0.0%
Net Income $105,382 $-36,108 -3.9%
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

Sign In

Governance

Voting Members
9
Independent Members
N/A
Employees
2
Volunteers
24

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
4
$62,402
Total Directors
7
$42,402
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE ELDER DIRECTOR 40.00
Officer
$62,402 $0 $62,402
SARA MORIARTY ASSISTANT DI 40.00
Director
$42,402 $0 $42,402
CATHE BRIERLEY BOARD MEMBER 8.00
Director
$0 $0 $0
BRENDA DIETRICH BOARD MEMBER 8.00
Director
$0 $0 $0
PATTI LOWNSBURY BOARD MEMBER 8.00
Director
$0 $0 $0
SUE MCGINNIS BOARD MEMBER 8.00
Director
$0 $0 $0
PAULETTE PACQUETTE BOARD MEMBER 8.00
Director
$0 $0 $0
DIANE SCHERER SECRETARY/TR 8.00
Director
$0 $0 $0
LINDA DAVIDSON BOARD MEMBER 8.00
Officer
$0 $0 $0
TINA SMITH PRESIDENT 8.00
Officer
$0 $0 $0
BARBARA STARMAN VICE PRESIDE 8.00
Officer
$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 $371,557 $266,175 $290,967 $105,382
2024 $233,872 $269,980 $181,944 $-36,108
2023 $258,576 $226,247 $209,116 $32,329
Explore More Nonprofits
Top 100 Nonprofits in Arizona Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FAMILY ARTS NEEDLEWORK SHOP INC with other nonprofits in Arizona and across the country.