Arlington, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Love Quilt Project Inc, founded in 2014, is a micro nonprofit in the International Affairs sector that reported $42K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum.
The Love Quilt Project builds relationships between South African and American children through education in kindness, tolerance, and compassion. The children draw messages of love that are stitched into quilts for children in South Africa and America affected by HIV/AIDS. LQP donates funds to the education of each child who receives a Love Quilt.
LQP provided 22,698 to support the education fund for recipients of Love Quilts.
LQP continued to recruit volunteers to produce art squares and quilts to be delivered to South African and American choildren in foster care.
LQP provided support to update a marketing video to educate the public on the mission and needs of the foster homes suported by LQP.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $42,053 | $33,440 | +0.3% |
| Expenses | $43,528 | $59,496 | -0.3% |
| Net Income | $-1,475 | $-26,056 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Gretchen Ginnerty | President | 008.00 |
Officer
Director
|
$0 | $0 | $0 |
| William Montgomery | Vice President | 006.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jenni Knittig | Secretary | 002.00 |
Officer
Director
|
$0 | $0 | $0 |
| Luke Knittig | Director | 001.00 |
Director
|
$0 | $0 | $0 |
| Jeanne Phillips | Director | 001.00 |
Director
|
$0 | $0 | $0 |
| Sylvia Stephens | Director | 001.00 |
Director
|
$0 | $0 | $0 |
| Jenifer Gamber | Director | 000.25 |
Director
|
$0 | $0 | $0 |
| Kevin Ginnerty | Treasurer | 001.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $42,053 | $43,528 | $35,961 | $-1,475 |
| 2022 | $33,440 | $59,496 | $37,435 | $-26,056 |
| 2021 | $110,691 | $100,429 | $63,491 | $10,262 |
| 2020 | $59,766 | $27,412 | $65,544 | $32,354 |
Compare The Love Quilt Project Inc with other nonprofits in Virginia and across the country.