Civic Intelligence

Peacequilts Inc.

EIN 32-0272292 • 501(c)3 • Edgartown, MA

Pub. 78 Eligible990-N Coverage

Profile

PeaceQuilts is an economic development organization establishing and supporting independent, self-managed sewing cooperatives in Haiti.

PO Box 203Edgartown, MA 02539

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

64th percentile

0.00x

Higher debt load relative to revenue than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

14th percentile

-53%

Higher net margin than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

37th percentile

-13%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-57%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$55,585

Down $8,485 (-13%) from 2021

Liabilities

Up

$30

Up $25 (+500%) from 2021

Net Assets

Down

$55,555

Down $8,510 (-13%) from 2021

Operations
Liabilities / Revenue64th percentileNet Margin14th percentile

Revenue

Down

$16,142

Down $21,607 (-57%) from 2021

Expenses

Up

$24,652

Up $5,536 (+29%) from 2021

Net Income

Down

-$8,510

Down $27,143 (-146%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth37th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2014: $16,898Liabilities 2014: $4,754Net Assets 2014: $12,1442014Assets 2015: $15,503Liabilities 2015: $2,777Net Assets 2015: $12,7262015Assets 2016: $38,677Liabilities 2016: $0Net Assets 2016: $38,6772016Assets 2017: $16,885Liabilities 2017: $8,339Net Assets 2017: $8,5462017Assets 2018: $39,425Liabilities 2018: $17,637Net Assets 2018: $21,7882018Assets 2019: $45,048Liabilities 2019: $5,385Net Assets 2019: $39,6632019Assets 2020: $45,458Liabilities 2020: $26Net Assets 2020: $45,4322020Assets 2021: $64,070Liabilities 2021: $5Net Assets 2021: $64,0652021Assets 2022: $55,585Liabilities 2022: $30Net Assets 2022: $55,5552022

Highlighted filing

2022

Assets$55,585
Liabilities$30
Net Assets$55,555
Open 2022 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2014: $45,519Expenses 2014: $58,133Net Income 2014: -$12,6142014Revenue 2015: $41,759Expenses 2015: $41,177Net Income 2015: $5822015Revenue 2016: $74,136Expenses 2016: $48,185Net Income 2016: $25,9512016Revenue 2017: $10,913Expenses 2017: $41,044Net Income 2017: -$30,1312017Revenue 2018: $50,967Expenses 2018: $35,220Net Income 2018: $15,7472018Revenue 2019: $64,792Expenses 2019: $46,917Net Income 2019: $17,8752019Revenue 2020: $11,229Expenses 2020: $5,460Net Income 2020: $5,7692020Revenue 2021: $37,749Expenses 2021: $19,116Net Income 2021: $18,6332021Revenue 2022: $16,142Expenses 2022: $24,652Net Income 2022: -$8,5102022

Highlighted filing

2022

Revenue$16,142
Expenses$24,652
Net Income-$8,510
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$55,585
Liabilities
$30
Net assets
$55,555
Revenue
$16,142
Expenses
$24,652
Net income
-$8,510
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$55.6$0.03$55.6$16.1$24.7$8.51
2021Detailed filing. Detailed filing data is available for this year.$64.1$0.01$64.1$37.7$19.1$18.6
2020Detailed filing. Detailed filing data is available for this year.$45.5$0.03$45.4$11.2$5.46$5.77
2019Detailed filing. Detailed filing data is available for this year.$45.0$5.39$39.7$64.8$46.9$17.9
2018Detailed filing. Detailed filing data is available for this year.$39.4$17.6$21.8$51.0$35.2$15.7
2017Detailed filing. Detailed filing data is available for this year.$16.9$8.34$8.55$10.9$41.0$30.1
2016Detailed filing. Detailed filing data is available for this year.$38.7$0.00$38.7$74.1$48.2$26.0
2015Detailed filing. Detailed filing data is available for this year.$15.5$2.78$12.7$41.8$41.2$0.58
2014Detailed filing. Detailed filing data is available for this year.$16.9$4.75$12.1$45.5$58.1$12.6
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 24, 2023
Return Version
2022v5.0
Gross Receipts
$31,905
Mission and Program Overview

Mission

PeaceQuilts is an economic development organization establishing and supporting independent, self-managed sewing cooperatives in Haiti.

Program Services

DescriptionGrantsExpenses
CONNECT THE ARTISTS WITH MARKETS OUTSIDE HAITI AND SELL ART QUILTS. ASSIST THE WOMEN WITH NEW PRODUCT DEVELOPMENT. ESTABLISH AND EXPAND OUTLETS FOR THE PRODUCTS MADE BY THE WOMEN BOTH IN HAITI AND INTERNATIONALLY. PROVIDE RAW MATERIAL AND FACILITATE RECEIPT OF DONATED MATERIALS TO THE COOPERATIVE, 20 WOMEN IN HAITI, FOR CREATION OF ART QUILTS AS WELL AS PRODUCTION OF ARTISAN PRODUCTS FOR PERSONAL AND HOME USE, SUCH AS PURSES, BAGS, AND POTHOLDERS.-$24,652
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LON MCCLINTOCKTreasurer-$0--
CATHERINE BONHAMBoard Member-$0--
MAUREEN MATTHEWS MCCLINTOCKSecretary-$0--
JEANNE STAPLESExecutive Director-$0--
BARBARA MAGGIOPresident-$0--
JEAN-REMY MONNAYBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Peacequilts Inc
EIN
32-0272292
Phone
5082741104
Address
PO BOX 203, EDGARTOWN, MA 02539

Signing Officer

Name
Jeanne Staples
Title
Executive Director
Signed
2023-05-24
Discuss with paid preparer
Yes

Preparer

Firm
Eric J Johnson CPA Pc
Address
421 NEW KARNER RD, ALBANY, NY 12205
Preparer
Lindsey Wensley
Phone
5184567412
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $241”

Other Expenses.1

“COOP SUPPORT $16833”

Other Expenses.2

“Dues & subscriptions $1848”

Other Expenses.3

“Software subscription $1103”

Other Expenses.5

“PROGRAM EXPENSES $553”

Other Expenses.6

“FUNDRAISING COSTS $553”

Other Expenses.7

“Miscellaneous admin expenses $508”

Other Expenses.8

“Bank & credit card fees $391”

Other Assets.1010

“Inventories - Beginning $12798 Inventories - Ending $17433”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $5 Accounts Payable and Accrued Expenses - Ending $30”

Raw XML Appendix188 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JEANNE STAPLES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BARBARA MAGGIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JEAN-REMY MONNAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt012798
IRS990EZ/OtherAssetsTotalDetail/EOYAmt017433
IRS990EZ/OtherExpensesTotalAmt022030
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PEACEQUILTS IS AN ECONOMIC DEVELOPMENT ORGANIZATION ESTABLISHING AND SUPPORTING INDEPENDENT, SELF-MANAGED SEWING COOPERATIVES IN HAITI.
IRS990EZ/PrintingPublicationsPostageAmt0826
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt024652
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VT
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt05
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $241
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COOP SUPPORT $16833
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DUES & SUBSCRIPTIONS $1848
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SOFTWARE SUBSCRIPTION $1103
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROGRAM EXPENSES $553
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FUNDRAISING COSTS $553
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MISCELLANEOUS ADMIN EXPENSES $508
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BANK & CREDIT CARD FEES $391
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Inventories - Beginning $12798 Inventories - Ending $17433
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Payable and Accrued Expenses - Beginning $5 Accounts Payable and Accrued Expenses - Ending $30
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ReturnHeader/Filer/EIN0320272292
ReturnHeader/Filer/PhoneNum05082741104
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ReturnHeader/Filer/USAddress/CityNm0EDGARTOWN
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ReturnHeader/PreparerPersonGrp/PhoneNum05184567412
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ReturnHeader/ReturnTs02023-05-24T12:24:46-07:00
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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