Reweave Inc is located in Ashland, MA. The organization was established in 2015. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reweave Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Reweave Inc generated $66.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $59.1k during the year ending 12/2019. While expenses have increased by 18.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
TO BUILD THE LEARNING TOOLS THAT HELP TEACHERS AND YOUTH INTEGRATE LEADING EFFECTIVE GLOBAL CHANGE DIRECTLY INTO THE SCHOOL DAY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abhinav Nangia President/treas | 40 | $5,100 | |
Mal Warwick Director | 2 | $0 | |
Steve Hardgrave Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,135 |
| Total Program Service Revenue | $6,750 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,885 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,315 |
| Professional fees and other payments to independent contractors | $876 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,901 |
| Total expenses | $59,092 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,659 |
| Other assets | $0 |
| Total assets | $17,755 |
| Total liabilities | $456 |
| Net assets or fund balances | $17,299 |