AMERICAN SEWING GUILD INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Phone

7137293000

Tax Period

2024-01-01 to 2024-12-31

AMERICAN SEWING GUILD INC, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $707K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year.

Mission

ORGANIZATION PROMOTES SEWING IN THE COMMUNITIES THROUGH GUIDANCE, ENCOURAGEMENT, ASSISTANCE AND INSTRUCTION VIA CONVENTIONS, SEMINARS, CRAFT SHOWS AND LITERTURE.

Program Service Accomplishments

Program 1

Expenses: $715,901

ANNUAL CONFERENCE AND TOURS FOR MEMBERS PROVIDING EDUCTIONAL SEMINARS, LEADERSHIP & GOVERNANCE TRAINING, VENDOR DISPLAYS & CONSTITUENT COMMUNICATION OPPORTUNITIES.PROVIDING CHAPTER PARTICIPATION IN GUILD, AND PROVIDING MEMBERSHIP WITH INSURANCE, PUBLICATIONS, PRINTING, POSTAGE,UTILITIES FOR CURRENT TRENDS, TRAINING OPPORTUNITIES, AND MEMBER RELEVANT SUBJECTS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $450,045

Investment Income $0

Other Revenue $257,181

TOTAL REVENUE $707,226

Expense Breakdown

Grants Paid $0

Salaries & Benefits $185,329

Fundraising Expenses $0

Program Expenses $715,901

Other Expenses $575,373

TOTAL EXPENSES $760,702

Year-over-Year Comparison

	2024	2023	Change
Revenue	$707,226	$869,754	-0.2%
Expenses	$760,702	$925,764	-0.2%
Net Income	$-53,476	$-56,010	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

116

Independent Members

116

Employees

Volunteers

1000

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALICE MURRAY	Chairman	2.00	Officer Director	$0	$0	$0
SUE LANGLEY	Director	2.00	Director	$0	$0	$0
CAROLYN CHEN	Secretary	2.00	Officer Director	$0	$0	$0
DIANE HOTELING	Treasurer	2.00	Officer Director	$0	$0	$0
MARTHA LEEFSON	Director	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$707,226	$760,702	$17,848	$-53,476
2023	$869,754	$925,764	$28,897	$-56,010
2022	$594,804	$783,040	$93,242	$-188,236
2021	$688,463	$626,800	$290,996	$61,663
2020	$617,018	$660,343	$244,557	$-43,325
2019	$935,198	$917,300	$230,820	$17,898
2018	$1,126,777	$1,139,830	$209,715	$-13,053