San Fernando Valley Quilt Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 9,672 | 14,253 | −4,581 | 28.6 | 0% |
| 2022 | 13,286 | 14,087 | −801 | 28.2 | 0% |
| 2023 | 24,373 | 33,379 | −9,006 | 8.7 | 0% |
| 2024 | 30,902 | 25,223 | 5,679 | 14.2 | 0% |
In its most recent public year (2024), this organization brought in $5,679 more than it spent. Its reserves stood at about 14.2 months of spending, down from 28.6 in 2021. Staff pay was 0% of spending.
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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