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Nonprofiteer
← COLUMBUS FASHION INITIATIVE

Form 990 for tax year 2024

Filed by COLUMBUS FASHION INITIATIVE.

Totals

Total revenue
$1,854,679
Total expenses
$1,722,531
Contributions and grants received
$1,881,676
Grants paid
$0
Program service revenue
$9,225
Investment income
$270
Other revenue
-$36,492
Total assets, end of year
$363,031
Total liabilities, end of year
$28,366
Net assets or fund balances, end of year
$334,665
Program services expenses (Part IX)
$1,402,506
Management and general expenses
$303,871
Fundraising expenses
$16,154
Program service expenses (Part III)
$1,402,506

Program services were 81.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,879,602

  • 1f · All other contributions, gifts and grants

    $2,074

  • 2a · Program service revenue: ADVERTISING INCOME

    total $2,900 · unrelated business $2,900

  • 2b · Program service revenue: WORKSHOP INCOME

    total $2,840 · related or exempt $2,840

  • 2c · Program service revenue: ADMISSION INCOME

    total $2,085 · related or exempt $2,085

  • 2d · Program service revenue: MEMBERSHIP INCOME

    total $1,400 · related or exempt $1,400

  • 3 · Investment income

    total $270 · related or exempt $270

  • 6a · Gross rents

    real property $920

  • 6c · Rental income or loss

    real property $920

  • 6d · Net rental income or loss

    total $920 · related or exempt $920

  • 10a · Gross sales of inventory

    $28,172

  • 10b · Cost of goods sold

    $65,584

  • 10c · Net income from sales of inventory

    total -$37,412 · unrelated business -$37,412

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $161,538 · program services $113,077 · management and general $32,307 · fundraising $16,154

  • 7 · Other salaries and wages

    total $133,652 · program services $120,287 · management and general $13,365

  • 10 · Payroll taxes

    total $24,172 · management and general $24,172

  • 11b · Fees: legal

    total $1,000 · management and general $1,000

  • 11c · Fees: accounting

    total $9,200 · management and general $9,200

  • 11g · Fees: other

    total $710,169 · program services $605,750 · management and general $104,419

  • 12 · Advertising and promotion

    total $135,289 · program services $132,995 · management and general $2,294

  • 13 · Office expenses

    total $17,938 · program services $1,965 · management and general $15,973

  • 14 · Information technology

    total $273 · management and general $273

  • 16 · Occupancy

    total $247,807 · program services $241,004 · management and general $6,803

  • 17 · Travel

    total $50,975 · program services $20,390 · management and general $30,585

  • 20 · Interest

    total $1,295 · management and general $1,295

  • 23 · Insurance

    total $5,751 · program services $826 · management and general $4,925

  • 24a · Other expenses: PROJECT SUPPL. & MATERIAL

    total $84,775 · program services $60,506 · management and general $24,269

  • 24b · Other expenses: STIPENDS

    total $62,112 · program services $61,670 · management and general $442

  • 24c · Other expenses: MEALS

    total $34,239 · program services $23,313 · management and general $10,926

  • 24d · Other expenses: REPAIRS AND MAINTENANCE

    total $11,302 · program services $8,720 · management and general $2,582

  • 24e · All other expenses

    total $31,044 · program services $12,003 · management and general $19,041

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $61,300 · end of year $102,152

  • 4 · Accounts receivable

    end of year $8,113

  • 10a · Land, buildings and equipment: cost or other basis

    $299,933

  • 10b · Land, buildings and equipment: accumulated depreciation

    $61,867

  • 10c · Land, buildings and equipment, net

    beginning of year $146,070 · end of year $238,066

  • 15 · Other assets

    beginning of year $14,700 · end of year $14,700

  • 17 · Accounts payable and accrued expenses

    beginning of year $25,985 · end of year $27,309

  • 25 · Other liabilities

    end of year $1,057

  • 27 · Net assets without donor restrictions

    beginning of year $196,085 · end of year $334,665

Mission and programs · 2024

Mission

THE MISSION OF THE COLUMBUS FASHION INITIATIVE IS TO WORK WITH CITY, CORPORATE, AND COMMUNITY STAKEHOLDERS TO CREATE COLLABORATIVE OPPORTUNITIES AND PLATFORMS THAT MAKE COLUMBUS, OH THE BEST PLACE TO START, GROW, AND INNOVATE UPON A FASHION-BASED BUSINESS. WE WILL ACHIEVE THIS THROUGH INDUSTRY DISCOVERY, EDUCATION, EVENTS THAT SUPPORT THE DEVELOPMENT AND GROWTH OF COLUMBUS' FASHION CULTURE, FASHION-BASED BUSINESSES, AND FASHION STAKEHOLDERS.

Activities or mission (Part I)

OUR GOAL IS TO SUPPORT THE CREATION AND GROWTH OF CREATIVES AND FASHION BASED BUSINESS THROUGH MULTIPLE FACETS. FIRST, WE LOOK TO EDUCATE OUR MEMBERS AND THE COMMUNITY WITH SKILLS THAT ADD VALUE TO THEIR BRANDS AND INCREASE THEIR KNOWLEDGE AS A PROFESSIONAL. WE ARE CONSTRUCTING FACILITIES THAT HOUSE INDUSTRIAL-GRADE EQUIPMENT, SUCH AS SEWING MACHINES, SERGERS, DTG, FABRIC AND SCREEN PRINTERS ETC., WITH WHICH OUR MEMBERS HAVE ACCESS IN ORDER TO BUILD A BUSINESS WITHOUT THE OVERHEAD OF THIS INCREDIBLY USEFUL BUT EXPENSIVE EQUIPMENT. WE WILL COACH OUR MEMBERS AND COMMUNITY ON HOW TO GO FROM CONCEPTION TO PRODUCTION AND ALL THE AREAS IN BETWEEN. LASTLY, WE LOOK TO CREATE OPPORTUNITIES TO CONNECT ARTISTS WITH RETAIL PROFESSIONALS AND FIND OPPORTUNITIES THAT ARE MUTUALLY BENEFICIAL.

  • THROUGH GENERAL PROGRAMMING AND COMMUNITY ENGAGEMENT WE HOPE TO MEET THE NEEDS OF THOSE IN ALL PHASES OF THEIR JOURNEY AS A CREATIVE. THOUGH THERE ISN'T ONE FORMULA FOR ALL, LEARNER EXPERIENCE CAN BE PLACED IN CATEGORIES AND INCREASE THEIR ENGAGEMENT BASED ON PERSONAL NEEDS. WORKSHOPS WORKSHOPS ARE 1-3-DAY SESSIONS WITH A SUBJECT MATTER EXPERT ON A VARIETY OF TOPICS TO HELP THE CREATIVE ALONG THEIR JOURNEY. WORKSHOPS ARE SEPARATED INTO LEARN & MAKE. LEARN SERIES LEARN SERIES WORKSHOPS ARE INFORMATIONAL SESSIONS WITH A SUBJECT MATTER EXPERT THAT COVER A VARIETY OF TOPICS INCLUDING: ENTREPRENEURSHIP IN THE FASHION INDUSTRY CAREERS IN THE FASHION INDUSTRY MARKETING FASHION BUSINESSES SMALL BUSINESS 101 FINANCIAL WELLNESS (WITH COMMUNITY BANKING PARTNERS) CAREER SERVICES (RESUME/PORTFOLIO BUILDING, SOFT SKILLS, INTERVIEWING, ETC.) POST-SECONDARY EDUCATION EXPLORATION W/ EDUCATION PARTNERS MAKE SERIES MAKE SERIES WORKSHOPS ARE SESSIONS WITH SUBJECT MATTER EXPERTS TAKING YOU THROUGH HANDS ON DEMONSTRATIONS IN VARIOUS FASHION DESIGN PROJECTS. EXAMPLES OF MAKE WORKSHOPS INCLUDE, BUT ARE NOT LIMITED TO THE FOLLOWING: UPCYCLING & REPURPOSE SESSIONS CONTENT CREATION WORKSHOPS CONSTRUCTING CUSTOM PIECES WORKSHOPS (SPECIALTY CLASSES SUCH AS DENIM WORK, LEATHER WORK SHOES, ETC.) ACCESSORY DESIGN CRASH COURSE GRAPHIC DESIGN CLASSES COURSES/CLASSES A 4-6-WEEK DEEPER DIVE INTO APPAREL & GRAPHIC DESIGN WITH A SUBJECT MATTER EXPERT TO HELP THE CREATIVE ALONG THE JOURNEY. FUTURE OF FASHION THE FUTURE OF FASHION SUMMER INTERNSHIP AT THE COLUMBUS FASHION ALLIANCE (CFA) IS A 9-WEEK SUMMER INTENSIVE FOR AFRICAN AMERICAN YOUTH AGES 14-18, THAT PROVIDES EXPOSURE INTO THE FASHION INDUSTRY THROUGH THE LENS OF FASHION RETAIL AND FASHION ENTREPRENEURSHIP. INTERNS LEARN ABOUT THE PRODUCT DEVELOPMENT LIFECYCLE FROM CONCEPTUALIZATION OF AN APPAREL COLLECTION TO CREATING A RETAIL EXPERIENCE AT THE END OF THE PROGRAM. INTERNS GET EXPOSURE TO CAREER PATHWAYS WITHIN CORPORATE RETAIL SUCH AS THE ROLES OF THE DESIGNER, PRODUCT DEVELOPER, MERCHANT, VISUAL MERCHANDISER, AND MARKETER. EACH WEEK THE PROGRAM FEATURES AFRICAN AMERICAN/MINORITY EXPERTS WITHIN THE RETAIL INDUSTRY TO HELP CFA YOUTH BUILD POWER SKILLS, GAIN EXPOSURE TO EDUCATION OPTIONS WITHIN THE INDUSTRY WHILE THEY DEVELOP THEIR COLLECTION AND WORK TOWARDS A RETAIL POP-UP EXPERIENCE RAN BY THE INTERNS. MADE TO GROW MADE TO GROW IS A CFA YOUTH IMMERSION PROGRAM THAT CONSISTS OF YOUNG ADULT CREATIVES WHO HAVE SUCCESSFULLY COMPLETED THE FUTURE OF FASHION SUMMER INTERNSHIP, AND HAVE THE OPPORTUNITY TO GAIN MORE SKILLS IN APPAREL DESIGN AND A DEEPER UNDERSTANDING OF THE BUSINESS OF RETAIL THE WHILE WORKING ON PRODUCT DEVELOPMENT FOR THE MADE TO GROW APPAREL BRAND. CREATIVES WILL EARN CERTIFICATES FOR EACH CLASS (ELECTIVE) THAT IS COMPLETED WITHIN THE PROGRAM, AS WELL A CERTIFICATE OF COMPLETION AFTER COMPLETING THE FULL YEAR PROGRAM. DURING THE PROGRAM CREATIVES WILL ALSO HAVE PROFESSIONAL DEVELOPMENT WORKSHOPS (RESUME WRITING,PORTFOLIO BUILDING, INTERVIEW SKILLS, CAREER & EDUCATION PLANNING, ETC.) TO HELP PREPARE FOR POST-SECONDARY EDUCATION AND/OR CAREERS IN THE FASHION INDUSTRY.YOUNG CREATIVES WILL ALSO HAVE THE OPPORTUNITY TO INDEPENDENTLY WORK TOWARDS INDUSTRY RECOGNIZED CREDENTIALS. PROGRAM LENGTH: 32 WEEKS DURING THE SCHOOL YEAR AMBASSADOR PROGRAM CFA'S AMBASSADOR PROGRAM GOAL IS TO GIVE AFRICAN AMERICAN CREATIVES THE OPPORTUNITY TO GROW THEIR FASHION CAREERS, BRANDS, AND BUSINESSES ALL WHILE SHARING THE OPPORTUNITY WITH OTHERS ON HOW TO GET INVOLVED IN CFA PROGRAMS TO FURTHER BUILD THE CFA ECOSYSTEM. NEW AMBASSADORS WILL BE SELECTED ANNUALLY. THE BACKBONE OF THE PROGRAM IS ALIGNED WITH THE COMPANY MISSION TO MOVE FASHION-FORWARD AND ENHANCE CULTURE INTO ONE THAT EQUIPS, FOSTERS, AND SUPPORTS EMERGING FASHION CREATIVES THROUGH THE CFA'S FOUR PILLARS: LEARN- THE OPPORTUNITY TO INCREASE KNOWLEDGE BASE THROUGH LEARNING, TO TAKE SKILL SETS, CAREER, BRAND, AND/OR BUSINESS TO THE NEXT LEVEL MAKE- UTILIZE CFA SPACES TO CREATE AND BUILD CONNECTIONS THROUGH THE RESOURCE HUB INNOVATE- TAKE THE STEPS TOWARD LEVELING UP THROUGH INDIVIDUALIZED ACTION PLANS AND EXCLUSIVE TIME WITH FASHION INDUSTRY EXPERTS EXPERIENCE- THE OPPORTUNITY TO PARTICIPATE IN EXCLUSIVE WORKSHOPS, NETWORKING EVENTS, AND TRAVEL READY TO WERK READY TO WERK IS A RETAIL READINESS AND LEADERSHIP PROGRAM FOR ADULTS 18-24 INTERESTED IN LEARNING THE FUNDAMENTALS OF RETAIL TAKING PLACE IN A MARKETPLACE SETTING. PROGRAM PARTICIPANTS WILL RECEIVE A STIPEND FOR PARTICIPATING IN THE PROGRAM ON THE RETAIL TRACK. PARTICIPANTS WILL BE LEARNING HOW TO OPERATE THE MARKETPLACE, MARKET FOR THE BRANDS IN THE SPACE, AND MERCHANDISING THE SPACE FOR LOCAL BRANDS. PARTICIPANTS ARE REQUIRED TO COMPLETE A 4-WEEK FASHION BOOT CAMP LEARNING ABOUT THE FUNDAMENTALS OF RETAIL AND HOW CROSS-FUNCTIONAL TEAMS WORK IN A RETAIL SETTING IN THE AREAS OF: MERCHANDISING MARKETING VISUAL MERCHANDISING PRODUCTION (UNDERSTAND THE PRODUCT DEVELOPMENT LIFECYCLE) DESIGN(UNDERSTAND THE DESIGN PROCESSES IN A RETAIL SETTING).

    Expenses $1,402,506 · Revenue $9,225

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Yohannan Tarrell

    EXECUTIVE DI

    Total calculated
    $161,538
    From this org
    $161,538
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,538
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $161,538
  • Katie Bishop

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Joseph Brim

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Katherine Depizzo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jami Goldstein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • David Petrill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Adam Rocco

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Lavelle Stillwell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Christine Williams

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Chloe Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.0
Source object
202533179349309103

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