Peacequilts Inc
- Assets
- $55.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edgartown, MA
- Founding
- 10/2010
- Data as of
- 12/2022
- EIN
- 32-0272292
Organization Overview
Peacequilts Inc is located in Edgartown, MA. The organization was established in 2010. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peacequilts 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 12/2022, Peacequilts Inc generated $16.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $24.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
CONNECT THE ARTISTS WITH MARKETS OUTSIDE HAITI AND SELL ART QUILTS. ASSIST THE WOMEN WITH NEW PRODUCT DEVELOPMENT. ESTABLISH AND EXPAND OUTLETS FOR THE PRODUCTS MADE BY THE WOMEN BOTH IN HAITI AND INTERNATIONALLY. PROVIDE RAW MATERIAL AND FACILITATE RECEIPT OF DONATED MATERIALS TO THE COOPERATIVE, 20 WOMEN IN HAITI, FOR CREATION OF ART QUILTS AS WELL AS PRODUCTION OF ARTISAN PRODUCTS FOR PERSONAL AND HOME USE, SUCH AS PURSES, BAGS, AND POTHOLDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lon Mcclintock Treasurer | 1 | $0 | |
Catherine Bonham Board Member | 1 | $0 | |
Maureen Matthews Mcclintock Secretary | 1 | $0 | |
Jeanne Staples Executive Dir. | 1 | $0 | |
Barbara Maggio President | 1 | $0 | |
Jean-Remy Monnay Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,780 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,142 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,796 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $826 |
| Other expenses | $22,030 |
| Total expenses | $24,652 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,152 |
| Other assets | $0 |
| Total assets | $55,585 |
| Total liabilities | $30 |
| Net assets or fund balances | $55,555 |