QUALLA ARTS AND CRAFTS MUTUAL INC

EIN: 560614586

CHEROKEE, NC

Total Revenue
$549,329
Total Expenses
$548,518
Total Assets
$897,575
Net Assets
$884,777
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
NC
Principal Officer
BUTCH GOINGS
Phone
8284973103
Tax Period
2023-01-01 to 2023-12-31

QUALLA ARTS AND CRAFTS MUTUAL INC, founded in 1954, is a small nonprofit that reported $549K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

TO ENCOURAGE THE DEVELOPMENT, PRODUCTION, AND MARKETING OF AUTHENTIC INDIAN ARTS AND CRAFTS PRODUCED ON THE RESERVATION OF THE EASTERN BAND OF THE CHEROKEE NATION, AND TO PROVIDE SUPPLEMENTAL INCOME FOR THE INDIAN CRAFTSPEOPLE AND THEIR FAMILIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $202,700
Program Service Revenue $0
Investment Income $2,542
Other Revenue $344,087
TOTAL REVENUE $549,329

Expense Breakdown

Grants Paid $0
Salaries & Benefits $375,278
Fundraising Expenses $0
Program Expenses $514,888
Other Expenses $173,240
TOTAL EXPENSES $548,518

Year-over-Year Comparison

2023 2022 Change
Revenue $549,329 $600,207 -0.1%
Expenses $548,518 $448,415 +0.2%
Net Income $811 $151,792 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
12
Volunteers
11

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
4
$76,000
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BUTCH GOINGS PRESIDENT 0.50
Officer Director
$0 $0 $0
LUCILLE LOSSIAH VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
AMANDA MCCOY SECRETARY 0.50
Officer Director
$0 $0 $0
STAN CROWE BOARD MEMBER 0.50
Director
$0 $0 $0
JOHN BILL RADFORD BOARD MEMBER 0.50
Director
$0 $0 $0
NIKKI NATIONS BOARD MEMBER 0.50
Director
$0 $0 $0
BETTY MANEY BOARD MEMBER 0.50
Director
$0 $0 $0
LAURA WALKINGSTICK BOARD MEMBER 0.50
Director
$0 $0 $0
MICHAEL CROWE BOARD MEMBER 0.50
Director
$0 $0 $0
ALICA WILDCATT BOARD MEMBER 0.50
Director
$0 $0 $0
JOANN RAY BOARD MEMBER 0.50
Director
$0 $0 $0
VICKI CRUZ GENERAL MANAGER 40.00
Officer
$76,000 $0 $76,000
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
2024 No data No data No data No data
2023 $549,329 $548,518 $897,575 $811
2022 $600,207 $448,415 $952,889 $151,792
2021 $385,268 $366,437 $839,182 $18,831
2020 $457,128 $294,443 $915,846 $162,685
2019 $268,960 $340,330 $735,805 $-71,370
2018 $294,190 $340,460 $812,262 $-46,270
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare QUALLA ARTS AND CRAFTS MUTUAL INC with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.