FOLSOM QUILT AND FIBER GUILD

🔒

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

1985

Legal Domicile

Tax Period

2023-04-01 to 2024-03-31

FOLSOM QUILT AND FIBER GUILD, founded in 1985, is a micro nonprofit that reported $75K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12K, a strong 16% operating margin.

Mission

PROMOTE QUILTING AND FIBER ARTS AND THE PRESERVATION OF ART AND TECHNIQUES IN QUILTING AND FIBER ARTS

Program Service Accomplishments

Program 1

Expenses: $55,044 Revenue: $75,212

LECTURES AND WORKSHOPS, GUEST SPEAKERS AND TEACHERS, MONTHLY MEETINGS, SPECIAL PROJECTS: ZEPHYR, OPORTUNITY QUILT 23-24, QUILT SHOW 2024 ANNUALLY OVER 200 PARTICIPANTS AND WORKSHOP ATTENDEES...

LECTURES AND WORKSHOPS, GUEST SPEAKERS AND TEACHERS, MONTHLY MEETINGS, SPECIAL PROJECTS: ZEPHYR, OPORTUNITY QUILT 23-24, QUILT SHOW 2024 ANNUALLY OVER 200 PARTICIPANTS AND WORKSHOP ATTENDEES. MISCELLANEOUS COMMUNITY PROJECTS, CUDDLE QUILTS TO CHARITY ORGANIZATIONS, QUILTS OF HONOR, DONATIONS TO CHARITY ORGANIZATIONS, ABOUT 500 PERSONS BENEFITED.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $75,170

Program Service Revenue $0

Investment Income $42

Other Revenue $0

TOTAL REVENUE $75,212

Expense Breakdown

Grants Paid $5,272

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $55,044

Other Expenses $58,010

TOTAL EXPENSES $63,282

Year-over-Year Comparison

	2023	2022	Change
Revenue	$75,212	$62,199	+0.2%
Expenses	$63,282	$59,222	+0.1%
Net Income	$11,930	$2,977	+3.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN HAMER	TREASURER	4.00	Officer	$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	$75,212	$63,282	$80,375	$11,930
2023	$62,199	$59,222	$68,445	$2,977
2022	$51,593	$37,400	$65,468	$14,193
2021	$31,907	$41,526	$51,275	$-9,619
2020	$50,829	$55,591	$60,119	$-4,762