The Alliance for American Quilts Inc (EIN 611271800) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

Amy Milne

Phone

8282517073

Tax Period

2024-01-01 to 2024-12-31

The Alliance for American Quilts Inc, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $244K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $227K left a modest 7% surplus.

Mission

To promote the understanding of the quilt as an important American grassroots art form, to share stories and documentation about quilts with a broad public and to educate Americans about the importance of documenting quilts and quiltmakers.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $242,469

Program Service Revenue $0

Investment Income $8

Other Revenue $1,162

TOTAL REVENUE $243,639

Expense Breakdown

Grants Paid $0

Salaries & Benefits $152,424

Fundraising Expenses $35,924

Program Expenses $105,163

Other Expenses $74,127

TOTAL EXPENSES $226,551

Year-over-Year Comparison

	2024	2023	Change
Revenue	$243,639	$211,310	+0.2%
Expenses	$226,551	$220,131	+0.0%
Net Income	$17,088	$-8,821	-2.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$75,868

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Amy Milne	Executive Director	40.00	Officer	$69,278	$6,590	$75,868
Laura Hopper	Co-President	1.00	Officer Director	$0	$0	$0
Bradley Mitchell	Co-President	1.00	Officer Director	$0	$0	$0
H Mark Dunn	Vice-President	1.00	Officer Director	$0	$0	$0
A'donna Richardson	Treasurer	3.00	Officer Director	$0	$0	$0
Frances O'Roark Dowell	Member	1.00	Director	$0	$0	$0
Lisa Ellis	Member	1.00	Director	$0	$0	$0
Mary Kay Davis	Member	1.00	Director	$0	$0	$0
Dr Carolyn L Mazloomi	Member	1.00	Director	$0	$0	$0
Gwen Westerman	Member	1.00	Director	$0	$0	$0
Teresa Duryea Wong	Member	3.00	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
2024	$243,639	$226,551	$160,752	$17,088
2023	$211,310	$220,131	$147,616	$-8,821

The Alliance for American Quilts Inc