Quilting Allies
EIN: 923459240 · Sioux Falls, SD · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $194 |
| Total Expenses | $643 |
| Net Assets | $567 |
Is Quilting Allies Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Quilting Allies
Quilting Allies (EIN: 923459240) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code P30. The organization reported total revenue of $194 and total assets of $371 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quilting Allies's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Quilting Allies is a micro nonprofit that has been operating for 3 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $377 |
| Total Expenses | $643 |
| Surplus / Deficit | $-266 |
| Total Assets | $568 |
| Total Liabilities | $1 |
| Net Assets | $567 |
| Operating Margin | -70.6% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 10.6 months |
Financial Health Grade: B
In 2023, Quilting Allies reported a deficit of $266 with expenses exceeding revenue, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Quilting Allies has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Quilting Allies with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $266, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Quilting Allies
Is Quilting Allies a legitimate charity?
Quilting Allies (EIN: 923459240) is a registered tax-exempt nonprofit based in South Dakota. Total revenue: $194. No red flags identified. Financial health grade: B.
How does Quilting Allies spend its money?
Quilting Allies reported $194 in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Quilting Allies tax-deductible?
Quilting Allies is registered as a tax-exempt nonprofit (EIN: 923459240). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Quilting Allies located?
Quilting Allies is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 923459240. It is classified under NTEE code P30.
Filing History
IRS 990 filing history for Quilting Allies showing financial trends over 1 year of public records:
In its most recent filing year (2023), Quilting Allies reported a deficit of $266, with expenses exceeding revenue. The organization holds $1 in liabilities against $568 in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $567.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $377 | $643 | $568 | $1 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Quilting Allies:
Data Sources and Methodology
This transparency report for Quilting Allies is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.