Friendship Knot Quilters Guild Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 65,411 | 56,870 | 8,541 | 8.8 | — |
| 2012 | 28,823 | 38,389 | −9,566 | 10.1 | — |
| 2013 | 80,446 | 60,002 | 20,444 | 10.6 | — |
| 2014 | 43,484 | 47,903 | −4,419 | 12.1 | — |
| 2015 | 76,395 | 58,916 | 17,479 | 13.4 | — |
| 2016 | 29,611 | 49,333 | −19,722 | 11.2 | — |
| 2017 | 76,762 | 63,015 | 13,747 | 11.4 | — |
| 2018 | 35,175 | 33,426 | 1,749 | 22.1 | — |
| 2019 | 57,179 | 57,556 | −377 | 12.8 | — |
| 2020 | 21,807 | 27,653 | −5,846 | 24.0 | — |
| 2021 | 15,277 | 13,742 | 1,535 | 49.7 | — |
| 2022 | 28,165 | 23,930 | 4,235 | 30.7 | — |
| 2023 | 62,565 | 45,180 | 17,385 | 20.9 | — |
In its most recent public year (2023), this organization brought in $17,385 more than it spent. Its reserves stood at about 20.9 months of spending, up from 8.8 in 2011.
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 2023. 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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