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Fabmo Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270658796 ✦ Sunnyvale, CA ✦ Designated as a 501(c)(3)

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Overview

What is Fabmo Inc?

Fabmo Inc, a 501(c)(3) nonprofit organization based in Sunnyvale, California, is dedicated to the sustainable repurposing of designer materials, which would otherwise be discarded within the interior design community. The organization, entirely run by volunteers, hosts a monthly three-day event, known as a "creative reuse mart," to distribute these materials to the public. To accommodate the challenges posed by the COVID-19 pandemic, Fabmo implemented a digital shopping platform and added an additional three-day event to ensure more individuals could access materials without overcrowding. In addition to their main event, Fabmo has community outreach efforts, participating in various environmental and community events to share their repurposing story. They also host an annual craft fair to display products made from significantly repurposed content acquired from Fabmo. While Fabmo does not engage in crafting themselves, they facilitate the creative reuse of materials through an informational newsletter, videos, and occasional workshops and meetups. Essentially, Fabmo serves as a bridge, connecting discarded designer materials with individuals and groups seeking to creatively reuse them, promoting sustainability in the process.


Official website here: www.fabmo.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 83% (Three-Star out of Four Stars)

Fabmo Inc has received a Three-Star rating from Charity Navigator, primarily due to its strong accountability and finance practices, scoring 83%. The organization boasts a fully independent board and demonstrates no material diversion of assets. Additionally, it maintains high program expense ratios, indicating that a significant portion of its funds is directed towards its charitable programs.

User feedback highlights the positive impact that Fabmo has on both volunteers and the community. A board member shared their journey from discovering Fabmo to being inspired to start an eco-friendly business, emphasizing the nonprofit's mission to keep materials out of landfills while fostering creativity. This indicates a strong community engagement and satisfaction among those involved.

However, there are areas for improvement, including the absence of a whistleblower policy and a document retention and destruction policy. Addressing these issues could enhance Fabmo's governance practices and potentially improve its overall rating in future evaluations.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Fabmo Inc?

96% of 26 reviewers on Facebook recommend Fabmo Inc. Here is a summary of their reviews:

Many users express a strong appreciation for the materials provided and the supportive community within the organization. As an active volunteer, one reviewer highlighted their positive experiences and the connections made with others involved. This sentiment reflects an overall enthusiastic environment where participants feel valued and engaged.

The high recommendation rate suggests that Fabmo Inc successfully fosters both a welcoming atmosphere and a meaningful mission, resonating well with those who interact with the nonprofit.


This AI summary has been generated from reviews found on Facebook.

Is Fabmo Inc legitimate?

Fabmo Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fabmo Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,666

For more financial information, click here


Official website here: www.fabmo.org

What is the mission statement of Fabmo Inc?

Fabmo Inc, a volunteer-driven, donor-supported organization, is dedicated to rescuing designer materials from landfills and making them available for creative reuse. The organization's mission is to facilitate the sustainable reuse of materials, thereby reducing waste and providing resources for parties such as teachers. Fabmo does not engage in crafting but rather focuses on empowering others to creatively reuse the materials they provide. This is achieved through an informational newsletter, videos, and occasional workshops and meetups.


Official website here: www.fabmo.org

What is the revenue of Fabmo Inc?

Fabmo Inc's revenue in 2023 was $195,688.


Official website here: www.fabmo.org

Who are the executives of Fabmo Inc and what are their salaries?

The average compensation at Fabmo Inc during 2023 was $8,666. There is 1 employee and 205 volunteers at Fabmo Inc.

Here are 8 key members and their salaries:


Gayatri Ratnam (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shilpa Vir (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annie Wu (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Baumgartner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginger Silverman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Bonte (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bronwen Mcinerney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Goldman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fabmo.org

Where can I find the form 990 for Fabmo Inc?

Fabmo Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.fabmo.org

Learn more at the official website: www.fabmo.org

Mission Statement of Fabmo Inc

Fabmo Inc, a 501(c)(3) non-profit organization, is dedicated to rescuing designer materials from their usual destination, landfills, for creative reuse. This volunteer-driven organization aims to divert useful designer materials from waste and make them accessible to interested parties, such as teachers, for creative reuse. The sustainability of this rescue effort comes from the reuse of materials by others. Fabmo Inc does not engage in crafting of its own but facilitates creative reuse of these materials through an informational newsletter, videos, and occasional workshops and meetings. By doing so, Fabmo Inc promotes a circular economy, encouraging the reuse and repurposing of materials, rather than their disposal.

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Impact




June, 2024

Fabmo Inc's impact lies in its mission to rescue designer materials for creative reuse. By actively sourcing materials set to be discarded from the interior design community and making them available to the public for free, Fabmo Inc not only diverts usable items from ending up in landfills but also encourages creative repurposing and sustainability in the community. Through its outreach efforts, digital shopping platform, and annual craft fair, Fabmo Inc promotes environmental consciousness and provides a platform for individuals to explore their creativity while reducing waste. Fabmo Inc's impact is evident in its contribution to fostering a culture of reuse and sustainability among individuals, educators, and the wider community.




This information is meant to be a general summary of Fabmo Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$195,688 (2023)
Expenses
$181,395 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $19
  • Gross Receipts: $195,688

Assets and Liabilities:

  • Total Assets: $259,982
  • Total Liabilities: $36
  • Net Assets: $259,946

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Organization Details

Founding Year

2009

Principal Officer

Bronwen Mcinerney

NTEE Category

Code: C27 - Environment

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