2026-01-05T13:03:04-05:00 2024-12-31 OGC-REWCPAS LLC 739 UTICA AVE BROOKLYN NY 112033469 990 2024-01-01 813795981 FABSCRAP INC FABS 9292763188 140 58TH STREET BLDG B UNIT 5H-4 BROOKLYN NY 11220 CAMILLE D TAGLE DIRECTOR 9292763188 2025-11-11 true false ROSEMARIE E WHYTE CPA P01976390 7184678535 2026-01-05 X 2024 2025-03-06 01:10:19Z X CAMILLE D TAGLE 15 WILLIAM STREET NEW YORK NY 10005 1638641 false X HTTP://FABSCRAP.ORG/ X 2016 NY 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 DIVERSE COMMUNITY OF CHANGEMAKERS. 6 3 21 5832 0 338501 464555 816990 451878 21 0 36296 701214 1191808 1617647 0 0 657990 583373 0 36148 741487 974167 1399477 1557540 -207669 60107 1853497 1619720 1827710 1533825 25787 85895 X 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 DIVERSE COMMUNITY OF CHANGEMAKERS. false false 342979 RECYCLING SERVICE:304,625 LBS OF FABRIC SAVED FROM LANDFILL, ADDED 52 NEW BRAND PARTNERS, 1,005 REQUESTS FOR SERVICE COMPLETED IN 2024. 190359 REUSE RESOURCE:: 78,999 LBS OF FABRIC REDISTRIBUTED FOR REUSE, 29,317 LBS OF FABRIC GIVEN FOR FREE 130861 COMMUNITY AND EDUCATION: 5,832 VOLUNTEERS, 97 EDUCATION EVENTS AND WORKSHOPS WITH A REACH OF 3,475 PEOPLE -20994 FABSCRAP WAS CREATED TO MEET NYC'S COMMERCIAL TEXTILE RECYCLING NEEDS. MATERIALS THAT TRADITIONALLY WOULD HAVE GONE TO LANDFILL ARE NOW BEING PROPERLY RECYCLED AND MADE AVAILABLE FOR REUSE. -20994 643205 true true false false false false false false false false true false false false true false true false false false false false false false true false false false false false false false false false false true true false false false false false false false false false false true 4 0 false 21 true false false false false false false false false X 6 3 true false false false false false false true true false true true true true true true true true true true false NY X 140 58TH STREET BLDG B 9292763188 UNIT 5H-4 BROOKLYN NY 11220 JESSICA SCHREIBER CHIEF EXECUT 40.00 X 54930 0 8179 CAMILLE D TAGLE DIRECTOR 40.00 X 54312 0 0 DAVE HIRSCHLER CHAIRMAN X 0 0 0 NICHOLAS DOMINGUEZ HOLGUIN TREASURER X 0 0 0 MARGARET BISHOP TRUSTEE X 0 0 0 109242 8179 false false false NYC ECONOMIC DEVELOPMENT CORP ONE LIBERTY PLAZA NEW YORK NY 10006 PROPERTY RENTAL 189475 1 178877 285678 464555 SERVICE REVENUE 561000 451878 451878 451878 97151 97151 425882 20994 404888 404888 GAIN ON EXTINGUISHMENT OF LL 189076 189076 OTHER INCOME 9405 9405 INTEREST INCOME 694 694 199175 1617647 1055941 545966 405434 111541 28991 37407 37407 101386 4968 96418 4468 1752 771 1945 42201 35641 6045 515 24105 12693 11412 309368 309368 8460 4114 4346 12916 12916 10341 8236 2105 28530 28530 IMPAIRTMENT OF ROU 226876 226876 SUPPLIES AND EQUIPMENT 120741 120741 FEES 24601 4107 16286 4208 WASTE AND RECYCLING 17737 17737 42437 8112 33836 489 1557540 643205 878187 36148 8054 84212 50004 4132 228877 48716 66213 29331 10516 8425 5378 4612 3047 1671771 1195511 36877 31344 1853497 1619720 15292 87468 8000 5000 150000 150000 21500 40000 1632918 1251357 1827710 1533825 X 25787 35895 50000 25787 85895 1853497 1619720 X 60107 1 X false true X true false X 154960 505087 504388 395536 464555 2024526 518385 716368 1005713 843222 1174086 4257774 673345 1221455 1510101 1238758 1638641 6282300 6282300 673345 1221455 1510101 1238758 1638641 6282300 1.00000 1.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8425 5378 3047 3047 LEASE LIABILITY 1188341 CREDIT CARD LIABILITIES 38082 LEASE LIABILITY FINANCING 16273 PAYROLL LIABILITIES 8661 1251357 1617647 1617647 1617647 1557540 1557540 1557540 FUNDRAISING 97151 97151 97151 97151 97151 URBAN OUTFITTERS COO ADVISORY ROLE false SCHEDULE L, PART V BOARD TREASURER IS MARRIED TO THE EXECUTIVE DIRECTOR FORM 990, PAGE 1, ITEM B TO CORRECT CHANGES TO ACCOUNT BALANCES ON COMPLETION OF ANNUAL AUDIT. AND TO REPORT EMPLOYEE RETENTION CREDIT AS GOVERMENT GRANTS. FORM 990, PAGE 2, PART III, LINE 4D FABSCRAP WAS CREATED TO MEET NYC'S COMMERCIAL TEXTILE RECYCLING NEEDS. 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, PART XI, LINE 9 OTHER 1