Unique Fabrics Nonprofit Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
UNIQUE NBSP;FABRICS NBSP;IS NBSP;A NBSP;BALTIMORE-BASED NBSP;NONPROFIT NBSP;DEDICATED NBSP;TO NBSP;REDUCING NBSP;THE NBSP;RACIAL NBSP;WEALTH NBSP;GAP NBSP;BY NBSP;PROVIDING NBSP;BLACK NBSP;YOUTH NBSP;AND NBSP;FAMILIES NBSP;WITH NBSP;ACCESS NBSP;TO NBSP;CREATIVE NBSP;WORKFORCE NBSP;DEVELOPMENT NBSP;FINANCIAL NBSP;EDUCATION NBSP;AND NBSP;ENTREPRENEURIAL NBSP;OPPORTUNITIES NBSP;OUR NBSP;MISSION NBSP;IS NBSP;ROOTED NBSP;IN NBSP;ADDRESSING NBSP;THE NBSP;HISTORIC NBSP;IMPACTS NBSP;OF NBSP;RACISM NBSP;AND NBSP;DISINVESTMENT NBSP;WHILE NBSP;BUILDING NBSP;A NBSP;MORE NBSP;EQUITABLE NBSP;AND NBSP;PROSPEROUS NBSP;FUTURE NBSP;FOR NBSP;BALTIMORE NBSP;COMMUNITIES
- Income
- $96,568
- Spending
- $167,517
- Spent on programs
- 100%
- Reserves
- 0 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 29 out of 100. Higher than 8% of charities in its peer group (youth development, under $250k).
Reserves
4 of 35Spendable reserves would cover 0.0 months of spending.
Living within its means
0 of 15Spending exceeded income by 73% of income.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 66 out of 100. Higher than 65% of charities in its peer group (youth development, under $250k).
Independent board
5 of 250 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $167,517 spent. HIRED 80 YOUTH EARNED USD 1200
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.