Civic Intelligence

Friendship Knot Quilters Guild Inc.

990EZ • Fiscal year 2016 • EIN 65-0406664

Jan 01, 2016 to Dec 31, 2016 • Filed on Jan 25, 2017

Organization Profile
4080 Basswood DrSarasota, FL 34232

(941) 365-2591

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

6th percentile

-67%

Higher net margin than 6% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

15th percentile

-30%

Faster asset growth than 15% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

7th percentile

-61%

Faster revenue growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$46,093

Down $19,722 (-30%) from 2015

Net Assets

Down

$46,093

Down $19,722 (-30%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin6th percentile

Revenue

Down

$29,611

Down $46,784 (-61%) from 2015

Expenses

Down

$49,333

Down $9,583 (-16%) from 2015

Net Income

Down

-$19,722

Down $37,201 (-213%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2011: $41,877Liabilities 2011: $02011Assets 2012: $32,311Liabilities 2012: $02012Assets 2013: $52,755Liabilities 2013: $02013Assets 2014: $48,336Liabilities 2014: $02014Assets 2015: $65,815Liabilities 2015: $0Net Assets 2015: $65,8152015Assets 2016: $46,093Liabilities 2016: $0Net Assets 2016: $46,0932016Assets 2017: $59,840Liabilities 2017: $0Net Assets 2017: $59,8402017Assets 2018: $61,589Liabilities 2018: $0Net Assets 2018: $61,5892018Assets 2019: $61,212Liabilities 2019: $0Net Assets 2019: $61,2122019Assets 2020: $55,366Liabilities 2020: $0Net Assets 2020: $55,3662020Assets 2021: $56,901Liabilities 2021: $0Net Assets 2021: $56,9012021Assets 2022: $61,136Liabilities 2022: $0Net Assets 2022: $61,1362022Assets 2023: $78,521Liabilities 2023: $0Net Assets 2023: $78,5212023Assets 2024: $79,133Liabilities 2024: $0Net Assets 2024: $79,1332024Assets 2025: $78,797Liabilities 2025: $0Net Assets 2025: $78,7972025

Highlighted filing

2016

Assets$46,093
Liabilities$0
Net Assets$46,093
Open 2016 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2011: $65,411Expenses 2011: $56,870Net Income 2011: $8,5412011Revenue 2012: $28,823Expenses 2012: $38,389Net Income 2012: -$9,5662012Revenue 2013: $80,446Expenses 2013: $60,002Net Income 2013: $20,4442013Revenue 2014: $43,484Expenses 2014: $47,903Net Income 2014: -$4,4192014Revenue 2015: $76,395Expenses 2015: $58,916Net Income 2015: $17,4792015Revenue 2016: $29,611Expenses 2016: $49,333Net Income 2016: -$19,7222016Revenue 2017: $76,762Expenses 2017: $63,015Net Income 2017: $13,7472017Revenue 2018: $35,175Expenses 2018: $33,426Net Income 2018: $1,7492018Revenue 2019: $57,179Expenses 2019: $57,556Net Income 2019: -$3772019Revenue 2020: $21,807Expenses 2020: $27,653Net Income 2020: -$5,8462020Revenue 2021: $15,277Expenses 2021: $13,742Net Income 2021: $1,5352021Revenue 2022: $28,165Expenses 2022: $23,930Net Income 2022: $4,2352022Revenue 2023: $62,565Expenses 2023: $45,180Net Income 2023: $17,3852023Revenue 2024: $36,148Expenses 2024: $35,536Net Income 2024: $6122024Revenue 2025: $59,184Expenses 2025: $58,360Net Income 2025: $8242025

Highlighted filing

2016

Revenue$29,611
Expenses$49,333
Net Income-$19,722
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jan 25, 2017
Return Version
2016v3.0
Gross Receipts
$29,611
Mission and Program Overview

Mission

To promote the education of quilting

Program Services

DescriptionGrantsExpenses
EDUCATIONAL CLASSES 13 CLASSES GIVEN BY 6 NATIONAL QUILTING EXPERTS - ATTENDANCE BY 236 MEMBERS 2 FOUR DAY RETREATS ATTENDED BY 65 MEMBERS-$32,844
PREPARATION AND PRE-PLANNING FOR BI-ANNUAL QUILT SHOW OPEN TO THE GENERAL PUBLIC-$2,008
MADE & DONATED 665 QUILTS TO SARASOTA HOSPITAL 85 LAP QUILTS FOR SARASOTA MEMORIAL734 PET BEDS TO HUMANE SOC 6 QUILTS TO FEM WOUNDED WORRIOR 196 FUN PILLOWCASES TO CON KERR--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOYCE ABBOTTTreasurer-$0--
KAREN CLARKPresident-$0--
MARCIA SLOCUMSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Friendship Knot Quilters Guild Inc
EIN
65-0406664
Address
4080 Basswood Dr, Sarasota, FL 34232

Signing Officer

Name
Joyce Abbott
Title
Treasurer
Phone
9413652591
Signed
2017-01-25
Discuss with paid preparer
Yes

Preparer

Firm
H Papa & Associates
Address
715 N WASHINGTON AVE SUITE A, Sarasota, FL 34236
Preparer
Hugo Papa CPA
Phone
9419511883
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountNEWSLETTER ADS 160”

List of grants and similar amounts paid Part I line 10

“Relationship NONE”

Raw XML Appendix165 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOYCE ABBOTT
IRS990EZ/BooksInCareOfDetail/PhoneNum09413652591
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04080 Basswood Dr
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Sarasota
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd034232
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt065815
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt046093
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-19722
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt022945
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt065815
IRS990EZ/Form990TotalAssetsGrp/EOYAmt046093
IRS990EZ/GrossReceiptsAmt029611
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt020
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt06568
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt065815
IRS990EZ/NetAssetsOrFundBalancesEOYAmt046093
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt065815
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt046093
IRS990EZ/OccupancyRentUtltsAndMaintAmt026234
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOYCE ABBOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KAREN CLARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARCIA SLOCUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherRevenueTotalAmt0160
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE EDUCATION OF QUILTING
IRS990EZ/PrintingPublicationsPostageAmt0154
IRS990EZ/ProgramServiceRevenueAmt022863
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PREPARATION AND PRE-PLANNING FOR BI-ANNUAL QUILT SHOW OPEN TO THE GENERAL PUBLIC
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1EDUCATIONAL CLASSES 13 CLASSES GIVEN BY 6 NATIONAL QUILTING EXPERTS - ATTENDANCE BY 236 MEMBERS 2 FOUR DAY RETREATS ATTENDED BY 65 MEMBERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2MADE & DONATED 665 QUILTS TO SARASOTA HOSPITAL 85 LAP QUILTS FOR SARASOTA MEMORIAL734 PET BEDS TO HUMANE SOC 6 QUILTS TO FEM WOUNDED WORRIOR 196 FUN PILLOWCASES TO CON KERR
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02008
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt132844
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt049333
IRS990EZ/TotalProgramServiceExpensesAmt034852
IRS990EZ/TotalRevenueAmt029611
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt06568
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt06645
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010471
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07030
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt08487
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt039201
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt021
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt021
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt083
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0157
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt027863
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt069377
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt032461
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt073096
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt020056
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0222853
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt083
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0157
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99940
IRS990ScheduleA/PublicSupportPY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt0262054
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt034431
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt076022
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt042932
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt080126
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt028543
IRS990ScheduleA/Total509Grp/TotalAmt0262054
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt034452
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt076043
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt043015
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt080143
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt028558
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0262211
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountNEWSLETTER ADS 160
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Relationship NONE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOYCE ABBOTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09413652591
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRIENDSHIP KNOT QUILTERS GUILD INC
ReturnHeader/Filer/BusinessNameControlTxt0FRIE
ReturnHeader/Filer/EIN0650406664
ReturnHeader/Filer/USAddress/AddressLine1Txt04080 Basswood Dr
ReturnHeader/Filer/USAddress/CityNm0Sarasota
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034232
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0609FD4A51FF89AED5DF2F0DFEAAE5A5060049F8B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0609FD4A51FF89AED5DF2F0DFEAAE5A5060049F8B
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId059241320170244mtaomo
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-01-24
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.192.166.115
ReturnHeader/FilingSecurityInformation/IPDt02017-01-24
ReturnHeader/FilingSecurityInformation/IPTm014:42:49
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464008054
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0H PAPA & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0715 N WASHINGTON AVE SUITE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Sarasota
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034236
ReturnHeader/PreparerPersonGrp/PhoneNum09419511883
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Hugo Papa CPA
ReturnHeader/ReturnTs02017-01-24T11:47:21-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,093
Liabilities
$0
Net assets
$46,093
Revenue
$29,611
Expenses
$49,333
Net income
-$19,722
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$78.8$0.00$78.8$59.2$58.4$0.82
2024Detailed filing. Detailed filing data is available for this year.$79.1$0.00$79.1$36.1$35.5$0.61
2023Detailed filing. Detailed filing data is available for this year.$78.5$0.00$78.5$62.6$45.2$17.4
2022Detailed filing. Detailed filing data is available for this year.$61.1$0.00$61.1$28.2$23.9$4.24
2021Detailed filing. Detailed filing data is available for this year.$56.9$0.00$56.9$15.3$13.7$1.54
2020Detailed filing. Detailed filing data is available for this year.$55.4$0.00$55.4$21.8$27.7$5.85
2019Detailed filing. Detailed filing data is available for this year.$61.2$0.00$61.2$57.2$57.6$0.38
2018Detailed filing. Detailed filing data is available for this year.$61.6$0.00$61.6$35.2$33.4$1.75
2017Detailed filing. Detailed filing data is available for this year.$59.8$0.00$59.8$76.8$63.0$13.7
2016Detailed filing. Detailed filing data is available for this year.$46.1$0.00$46.1$29.6$49.3$19.7
2015Detailed filing. Detailed filing data is available for this year.$65.8$0.00$65.8$76.4$58.9$17.5
2014Summary only. Only limited summary data is available for this year.$48.3$0.00$43.5$47.9$4.42
2013Summary only. Only limited summary data is available for this year.$52.8$0.00$80.4$60.0$20.4
2012Summary only. Only limited summary data is available for this year.$32.3$0.00$28.8$38.4$9.57
2011Summary only. Only limited summary data is available for this year.$41.9$0.00$65.4$56.9$8.54