2024-11-15T19:53:29-05:00 2023-12-31 OGC-REWCPAS LLC 739 UTICA AVE BROOKLYN NY 112033469 990 2023-01-01 813795981 FABSCRAP INC FABS 6467707418 140 58TH STREET BLDG B UNIT 5H-4 BROOKLYN NY 11220 JESSICA SCHREIBER EXECUTIVE DIRECTOR 9292763188 2024-11-15 true false ROSEMARIE E WHYTE CPA P01976390 7184678535 2024-11-15 X 2023 2024-10-15 13:58:12Z JESSICA SCHREIBER 140 58TH STREETUNIT 5H-4 UNIT 5H-4 BROOKLYN NY 11220 1238779 false X HTTP://FABSCRAP.ORG/ X 2016 NY TO MAXIMIZE THE VALUE OF UNUSED FABRIC, FABSCRAP IS A CONVENEIENT AND TRANSPARENT SERVICE, IS AN AFFORDABLE AND ACCESSIBLE MATERIALS RESOURCE, AND IS EDUCATING AND EMPOWERING A COMMUNITY OF CHANGEMAKERS. 6 3 25 5106 0 547191 395536 962561 793223 60 21 49999 1509812 1238779 0 0 632354 657450 0 15791 936714 757908 1569068 1415358 -59256 -176579 457941 237459 284180 239017 173761 -1558 X TO MAXIMIZE THE VALUE OF UNUSED FABRIC, FABSCRAP IS A CONVENEIENT AND TRANSPARENT SERVICE, IS AN AFFORDABLE AND ACCESSIBLE MATERIALS RESOURCE, AND IS EDUCATING AND EMPOWERING A COMMUNITY OF CHANGEMAKERS. false false 487814 RECYCLING SERVICE:296,449LBS OF FABRIC SAVED FROM LANDFILL, ADDED 64 NEW BRAND PARTNERS, 305 BRANDS SERVED IN 2023 243189 REUSE RESOURCE:: 81,542LBS OF FABRIC REDISTRIBUTED FOR REUSE, 29,381LBS OF FABRIC GIVEN FOR FREE 250394 COMMUNITY AND EDUCATION: 5,106 VOLUNTEERS, 152 EDUCATION EVENTS AND WORKSHOPS WITH A REACH OF 3,960 PEOPLE FABSCRAP WAS CREATED TO MEET NYC'S COMMERCIAL TEXTILE RECYCLING NEEDS. 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MATERIALS THAT TRADITIONALLY WOULD HAVE GONE TO LANDFILL ARE NOW BEING PROPERLY RECYCLED AND MADE AVAILABLE FOR REUSE. FORM 990, PAGE 6, PART VI, LINE 2 NICHOLAS DOMINGUEZ HOLGUIN JESSICA HOLGUIN TREASURER EXECUTIVE DI HUSBAND& WIFE FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS PREPARED BY AN INDEPENDENT CPA FIRM. A DRAFT IS EMAILED TO THE EXECUTIVE DIRECTOR WHO REVIEWS WITH BOARD CHAIR AND TREASURER. FORM 990, PAGE 6, PART VI, LINE 12C FASCRAP HAS ADOPTED A CONFLICT OF INTEREST POLICY AND AN ANNUAL DISCLOSURE STATEMENT THAT IS DISTRIBUTED,REVIEWED, SIGNED AND SUBMITTED TO ALL NEW MEMBERS OF THE BOARD. ANNUALLY MEMBERS COMPLETE THE CONFLICT OF INTEREST STATEMENT. MEMBERS WITH A CONFLICT OF INTEREST ARE NOT ALLOWED TO VOTE ON MATTERS IN WHICH THERE IS A CONFLICT OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD EXECTIVE COMMITTEE IS RESPONSIBLE FOR HIRING < AND ESTABLISHING THE COMPENSATION SALARY AND BENEFITS OF THE EXECUTIVE DIRECTOR/TOP MANAGEMENT. THE EXECUTIVE DIRECTOR IS NOT INCLUDED IN THE MEETING TO DISCUSS HER COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B BOARD OF DIRECTORS MEET AND DISCUSS COMPENSATION BY REVIEWING COMPARABLE COMPENSATIONS INCLUDING NYCON'S ANNUAL SALARY SURVEY. FORM 990, PAGE 6, PART VI, LINE 19 ON REQUEST FORM 990, PAGE 12, PART XII, LINE 1 THE ORGANIZATION HAS ADOPTED THE NEW LEASE STANDARD