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Fabscrap Inc. Logo

MIP Score

55

Environment
Recycling Services

Fabscrap Inc.

Mission

To maximize the value of unused fabric, fabscrap is a convenient and transparent service, is an affordable and accessible materials resource, and is educating and empowering a community of changemakers.

Basic Information

Tax-Exempt

Address

140 58th St, Brooklyn, New York, 11220

View all Brooklyn charities

Founded in

Not Reported

EIN

81-3795981

Total Assets

$398.4 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

MIP Score (Beta)

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The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

55

44

/100

Program Expense Ratio

85.00%

16

/20

Program Revenue Growth

40.98%

18

/20

Leverage Ratio

0.6856

6

/20

Working Capital Ratio

0.07983

2

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants489.2K32.40%
Program Services1.006M66.60%
Investment Income600.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue1.51M100.00%