Totals
- Total revenue
- $1,503,921
- Total expenses
- $1,714,873
- Contributions and grants received
- $1,477,762
- Grants paid
- $0
- Program service revenue
- $24,649
- Investment income
- $8
- Other revenue
- $1,502
- Total assets, end of year
- $222,070
- Total liabilities, end of year
- $25,985
- Net assets or fund balances, end of year
- $196,085
- Program services expenses (Part IX)
- $1,517,036
- Management and general expenses
- $184,268
- Fundraising expenses
- $13,569
- Program service expenses (Part III)
- $1,517,036
Program services were 88.5% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$1,441,592
-
1f · All other contributions, gifts and grants
$36,170
-
1g · Noncash contributions included above
$0
-
2f · All other program service revenue
total $24,649 · related or exempt $24,649 · unrelated business $0 · excluded $0
-
3 · Investment income
total $8 · related or exempt $8 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11d · All other revenue
total $1,502 · related or exempt $1,502 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$1,502
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $135,692 · program services $94,985 · management and general $27,138 · fundraising $13,569
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $342,666 · program services $308,399 · management and general $34,267 · fundraising $0
-
8 · Pension plan contributions
total $0 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $510 · program services $470 · management and general $40 · fundraising $0
-
10 · Payroll taxes
total $36,916 · program services $33,224 · management and general $3,692 · fundraising $0
-
11c · Fees: accounting
total $17,438 · management and general $17,438 · fundraising $0
-
11g · Fees: other
total $626,296 · program services $563,665 · management and general $62,631 · fundraising $0
-
12 · Advertising and promotion
total $16,784 · program services $16,784 · management and general $0 · fundraising $0
-
13 · Office expenses
total $101,266 · program services $98,894 · management and general $2,372 · fundraising $0
-
14 · Information technology
total $1,322 · program services $1,190 · management and general $132 · fundraising $0
-
16 · Occupancy
total $222,234 · program services $200,011 · management and general $22,223 · fundraising $0
-
17 · Travel
total $54,521 · program services $50,013 · management and general $4,508 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $22,224 · program services $20,002 · management and general $2,222 · fundraising $0
-
23 · Insurance
total $3,190 · program services $2,871 · management and general $319 · fundraising $0
-
24a · Other expenses: Bank Fees
total $2,273 · program services $0 · management and general $2,273 · fundraising $0
-
24b · Other expenses: Dues Fees & Subscriptions
total $16,010 · program services $14,409 · management and general $1,601 · fundraising $0
-
24c · Other expenses: Misc. Expense
total $6,290 · program services $5,661 · management and general $629
-
24d · Other expenses: Meals
total $27,831 · program services $25,048 · management and general $2,783 · fundraising $0
-
24e · All other expenses
total $81,410 · program services $81,410 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $358,737 · end of year $61,300
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$207,937
-
10b · Land, buildings and equipment: accumulated depreciation
$61,867
-
10c · Land, buildings and equipment, net
beginning of year $57,092 · end of year $146,070
-
15 · Other assets
beginning of year $10,000 · end of year $14,700
-
17 · Accounts payable and accrued expenses
beginning of year $18,792 · end of year $25,985
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0
-
27 · Net assets without donor restrictions
beginning of year $407,037 · end of year $196,085
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
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 $1,517,036 · Revenue $1,503,921
As filed on the 2023 return.
Listed in Part VII
-
Yohannan Terrell
Executive Director
- Total calculated
- $135,692
- From this org
- $135,692
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Ana Lowe
Director
- Total calculated
- $0
- Hours/week
- 2
-
David Zeidan
President
- Total calculated
- $0
- Hours/week
- 2
-
Lavelle Stillwell
Director
- Total calculated
- $0
- Hours/week
- 2
-
Andrew Doup
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jami Goldstein
Director
- Total calculated
- $0
- Hours/week
- 2
-
Katherine DePizzo
Director
- Total calculated
- $0
- Hours/week
- 2
-
Katie Bishop
Director
- Total calculated
- $0
- Hours/week
- 2
-
Suzanne Cotton
Director
- Total calculated
- $0
- Hours/week
- 2
-
Joe Brim
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jamie Schisler
Director
- Total calculated
- $0
- Hours/week
- 2
-
Lindsey Dunleavy
Director
- Total calculated
- $0
- Hours/week
- 2
-
Maren Roth
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202431309349303503
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