Reuse Works FY2022 filing

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Provide job training jobs and economic development opportunities business reuses and recycles postconsumer textiles

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-0899220) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $42K a year · 11% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
89% of spending went to programs.
Pt IX · Ln 25 · col B
8.1 mo
of spending, in cash
8.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$12K
5% of total assets
Liabilities are 5% of assets.
Pt X · Ln 26
Independent board members
7
of 7 voting members
7 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$349K
+11% vs prior year
Spent
$319K
To programs
89%
Net assets
$240K
By yearFY2020–FY2024
Revenue
$349K
FY2022▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$298K
FY2021$313K
FY2022$349K
FY2023$390K
FY2024$576K
Expenses
$319K
FY2022▲ +44%
Tap a bar for its year
Expenses by fiscal year
FY2020$244K
FY2021$221K
FY2022$319K
FY2023$342K
FY2024$588K
Net assets
$240K
FY2022▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$116K
FY2021$219K
FY2022$240K
FY2023$291K
FY2024$279K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $285K Management & general 9% · $29K Fundraising 2% · $5K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Reuse Works executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Trains people for jobs and creates economic opportunities by reusing and recycling textiles.

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1 program · $284K · in their own filed words · FY2022
01

Ragfinery is a job training business that salvages and repurposes post-consumer textiles. It supports jobs and provides job training while educating the community about textile waste reduction and keeping thousands of pounds of textiles out of the waste stream.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-0899220) · Dispute this line
$284Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
ArtsfundFY2024$12K
Total grants receivedfrom 1 funder$12K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$349K
Ln 12
Fees for servicesLn 2g$259K
Gifts and grantsLn 1h$89K
Other incomeLn 4–11$2K
Money outPt IX
$319K
Ln 25
Programscol B$285K
Managementcol C$29K
Fundraisingcol D$5K
Owns and owesPt X
$240K
net assets · Ln 32
Cash and savingsLn 1–2$217K
Total assetsLn 16$251K
LiabilitiesLn 26$12K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$89K
Government grantsLn 1e$59K
Fees for servicesLn 2g$259K
Investment incomeLn 3$29
Other incomeLn 4–11$2K
Gains on assetsLn 7$2K
Total revenueLn 12$349K
Assets in detailPt X, end of year
CashLn 1$217K
Cash and savings togetherLn 1–2$217K
Prepaid expenses and deferred chargesLn 9$2K
Land, buildings, equipmentLn 10c$32K
Total assetsLn 16$251K
LiabilitiesLn 26$12K
Net assetsLn 32$240K
OperationsPt I, VI
EmployeesI 59
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$208K$217K
Land, buildings, equipmentLn 10c$9K$32K
Total assetsLn 16$221K$251K
LiabilitiesLn 26$2K$12K
Net assetsLn 32$219K$240K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$42K$19K$19K$4K
Other salaries and wagesLn 7$146K$146K
Pension plan contributionsLn 8$1K$803$380$85
Payroll taxesLn 10$22K$20K$2K$464
Management feesLn 11a$720$360$360
Accounting feesLn 11c$13K$12K$1K
Advertising and promotionLn 12$614$614
Office expensesLn 13$5K$4K$429$350
Information technologyLn 14$527$527
OccupancyLn 16$45K$41K$5K
TravelLn 17$743$743
Conferences, conventions and meetingsLn 19$2K$2K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$6K$5K$602
Other expenses (24a–d)Ln 24$28K$28K
All other expensesLn 24e$4K$4K
Total functional expensesLn 25$319K$285K$29K$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 14, 2025 $576K$588K−$12K$279K 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $390K$342K$48K$291K 990 PDF
FY2022 ViewingFiled with the IRS Nov 15, 2023 $349K$319K$30K$240K 990 PDF
FY2021Filed with the IRS Nov 11, 2022 $313K$221K$92K$219K 990 PDF
FY2020Filed with the IRS Nov 14, 2021 $298K$244K$54K$116K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $349,011 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $93,105$88,758
I-9 Program service revenuePrior year $220,150$258,724
I-10 Investment incomePrior year $18$1,529
I-11 Other revenue$0
I-12 Total revenuePrior year $313,273$349,011
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $143,734$211,364
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $77,183$107,695
I-18 Total expensesPrior year $220,917$319,059
I-19 Revenue less expensesPrior year $92,356$29,952
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $349,011 across 8 lines filed
VIII-1e Government grants$59,217
VIII-1f All other contributions, gifts and grants$29,541
VIII-1h Total contributions, gifts and grants$88,758
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $258,724$258,724
VIII-3 Investment incomeRelated to mission $29$29
VIII-7 Net gain or loss on sales of assetsRelated to mission $3,000$1,500
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $261,753$349,011
Part IX · Statement of functional expenses $319,059 across 16 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $19,002 · Management $19,002 · Fundraising $4,223$42,227
IX-7 Other salaries and wagesPrograms $145,588$145,588
IX-8 Pension plan contributionsPrograms $803 · Management $380 · Fundraising $85$1,268
IX-10 Payroll taxesPrograms $19,732 · Management $2,085 · Fundraising $464$22,281
IX-11a Management feesPrograms $360 · Management $360$720
IX-11c Accounting feesPrograms $11,840 · Management $1,316$13,156
IX-12 Advertising and promotionPrograms $614$614
IX-13 Office expensesPrograms $3,851 · Management $429 · Fundraising $350$4,630
IX-14 Information technologyPrograms $527$527
IX-16 OccupancyPrograms $40,777 · Management $4,531$45,308
IX-17 TravelPrograms $743$743
IX-19 Conferences, conventions and meetingsPrograms $2,183$2,183
IX-22 Depreciation, depletion and amortizationPrograms $1,355$1,355
IX-23 InsurancePrograms $5,414 · Management $602$6,016
IX-24 Other expenses (24a–d)Programs $28,139$28,139
IX-24e All other expensesPrograms $4,304$4,304
IX-25 Total functional expensesPrograms $285,232 · Management $28,705 · Fundraising $5,122$319,059
Part X · Balance sheet $251,259 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $208,002$216,531
X-9 Prepaid expenses and deferred chargesStart of year $2,500$2,500
X-10c Land, buildings and equipment, netStart of year $9,124$32,228
X-16 Total assetsStart of year $220,626$251,259
X-17 Accounts payable and accrued expensesStart of year $2,022$11,748
X-26 Total liabilitiesStart of year $2,022$11,748
X-27 Net assets without donor restrictionsStart of year $218,604$239,511
X-32 Total net assets or fund balancesStart of year $218,604$239,511
X-33 Total liabilities and net assetsStart of year $220,626$251,259
Part XI · Reconciliation of net assets $239,511 net assets at year end
XI-1 Total revenue$349,011
XI-2 Total expenses$319,059
XI-3 Revenue less expenses$29,952
XI-4 Net assets at start of year$218,604
XI-8 Prior period adjustments−$9,045
XI-10 Net assets at end of year$239,511

Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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