Gulf States Quilting Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,033 | 20,783 | −3,750 | 28.8 | — |
| 2021 | 18,087 | 11,623 | 6,464 | 58.3 | — |
| 2022 | 59,431 | 61,356 | −1,925 | 10.0 | — |
| 2023 | 55,099 | 55,764 | −665 | 10.7 | — |
In its most recent public year (2023), this organization spent $665 more than it brought in. Its reserves stood at about 10.7 months of spending, down from 28.8 in 2020.
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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