Merrimack Valley Quilters Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 20,686 | 16,674 | 4,012 | 17.0 | — |
| 2018 | 40,902 | 38,543 | 2,359 | 8.6 | — |
| 2019 | 36,036 | 33,839 | 2,197 | 10.6 | — |
| 2020 | 48,349 | 41,673 | 6,676 | 10.5 | — |
| 2021 | 7,129 | 6,798 | 331 | 65.0 | — |
| 2022 | 40,889 | 36,292 | 4,597 | 13.7 | — |
| 2023 | 40,050 | 35,018 | 5,032 | 15.9 | — |
| 2024 | 42,582 | 39,385 | 3,197 | 15.1 | — |
In its most recent public year (2024), this organization brought in $3,197 more than it spent. Its reserves stood at about 15.1 months of spending, down from 17 in 2014.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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