QUILTS FOR KIDS INC (EIN 233061950) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

LINDA ARYE

Phone

2152955484

Tax Period

2023-02-01 to 2024-01-31

QUILTS FOR KIDS INC, founded in 2000, is a small nonprofit in the Human Services sector that reported $502K in total revenue in fiscal year 2023. Revenue surged 80% from the prior year, signaling strong growth momentum. The organization ran a surplus of $195K, a strong 39% operating margin.

Mission

TRANSFORM DISCONTINUED OR PURCHASED FABRICS INTO HOMEMADE QUILTS AND THEN DISTRIBUTE THESE COMPLETED QUILTS TO CHILDREN WITH CANCER, AIDS, AND OTHER LIFE THREATENING ILLNESSES FOR THEIR COMFORT AND WELL BEING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $349,087

Program Service Revenue $152,437

Investment Income $0

Other Revenue $797

TOTAL REVENUE $502,321

Expense Breakdown

Grants Paid $0

Salaries & Benefits $143,597

Fundraising Expenses $15,135

Program Expenses $236,038

Other Expenses $163,766

TOTAL EXPENSES $307,363

Year-over-Year Comparison

	2023	2022	Change
Revenue	$502,321	$279,656	+0.8%
Expenses	$307,363	$296,161	+0.0%
Net Income	$194,958	$-16,505	-12.8%

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

Independent Members

Employees

N/A

Volunteers

N/A

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

$39,132

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOEL ROSENBERG	PRESIDENT	0.50	Officer Director	$0	$0	$0
STEPHANIE HNATIW	SECRETARY	0.50	Officer Director	$0	$0	$0
LINDA ARYE	EXECUTIVE DIRECTOR	40.00	Director	$39,132	$0	$39,132
TIFFANY JOWER-SMITH	VICE PRESIDENT	0.00	Director	$0	$0	$0
MARK VEGOTSKY	VICE PRESIDENT	0.00	Director	$0	$0	$0
MICHAEL KLINE	TREASURER	0.00	Officer Director	$0	$0	$0
MARY LOU FREUND	VICE PRESIDENT	0.00	Director	$0	$0	$0
SUSAN SCULLY	VICE PRESIDENT	0.00	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	$502,321	$307,363	$635,186	$194,958
2023	$279,656	$296,161	$463,929	$-16,505
2022	$301,146	$253,729	$421,683	$47,417
2021	$342,743	$317,988	$375,893	$24,755
2020	$292,795	$316,323	$344,026	$-23,528
2019	$212,390	$254,828	$372,752	$-42,438

QUILTS FOR KIDS INC