Valley Quilters Guild
- Assets
- $69.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palmer, AK
- Founding
- 04/2006
- Data as of
- 12/2021
- EIN
- 92-0112029
Organization Overview
Valley Quilters Guild is located in Palmer, AK. The organization was established in 2006. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Quilters Guild 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 12/2021, Valley Quilters Guild generated $26.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $11.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.1%) per year over the past 5 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCATIONAL QUILTING OPPORTUNITIES TO COMMUNITY MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darcey Tredway President | 2 | $0 | |
Melanie Brown Vice President | 1 | $0 | |
Michelle Buehner Treasurer | 2 | $0 | |
Cynthia Weater Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,044 |
| Total Program Service Revenue | $832 |
| Membership dues | $3,902 |
| Investment income | $70 |
| Gain or Loss | $14,847 |
| Net Income from Gaming & Fundraising | $6,225 |
| Other Revenue | $0 |
| Total Revenue | $26,920 |
| 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 | $245 |
| Occupancy, rent, utilities, and maintenance | $420 |
| Printing, publications, postage, and shipping | $229 |
| Other expenses | $9,993 |
| Total expenses | $11,819 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,413 |
| Other assets | $0 |
| Total assets | $69,114 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,114 |