INDUSTRIAL SEWING AND INNOVATION CENTER ISAIC

DETROIT, MI, 48202-3452 (313) 870-1898 Est. 2018 EIN 83-1881248
B30— Education Form 990 501(c)(3)
ISAIC.ORG

Mission

TO CEASELESSLY ADVANCE INNOVATION IN SUSTAINABLE APPAREL MANUFACTURING AND EQUITABLE TALENT FORCE DEVELOPMENT AS RESPONSIBLE STEWARDS FOR THE WELLBEING OF OUR TEAM, PARTNERS, COMMUNITY AND PLANET.

Financials

Total Revenue
$3,529,676
Total Expenses
$2,585,263
Net Assets
$792,546
43 employees 15 volunteers
From latest filing (tax period ending 2024-09-30)

Financial Health

Operating Reserve
3.7 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 64.6%
Expenses ↑ 11.5%
Revenue Sources
Contributions 87.3% Earned revenue 4.8% Other 8.0%
Expense Breakdown
Program 70.9% Management 16.3% Fundraising 12.9%

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EIN: 83-1881248 · Source: IRS Form 990 e-file data