Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.35x
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Up$212,138
Up $68,519 (+48%) from 2017
Net Assets
Up$137,813
Up $88,017 (+177%) from 2017
Liabilities
Down$74,325
Down $19,498 (-21%) from 2017
Revenue And Expenses
Revenue
Up$168,653
Up $33,518 (+25%) from 2017
Expenses
Up$80,636
Up $286 (+0.4%) from 2017
Net Income
Up$88,017
Up $33,232 (+61%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Jun 17, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $168,653
Mission and Program Overview
Mission
The specific purposes of the Corporation are to provide education and resources to knitters to increase their mastery of the craft of knitting. Our mission is to support serious knitters in their efforts to learn the history, perpetuate the traditional techniques, and keep the artisan aspect and high quality standards of the craft alive.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TKGA produces a quarterly, electronic educational journal, Cast On, to members that contains educational articles, book reviews, yarn reviews, patterns with educational aspects, and technical articles. | $44,743 | - |
| TKGA also provides a monthly newsletter, K2tog Newsletter, to members, which has educational offerings as well as member news. | $4,150 | - |
| TKGA offers educational classes that are done remotely as correspondence courses. A cornerstone of TKGA is its Master Hand Knitting certification program, comprised of three levels. Knitters submit their knitting, writing, and technical knowledge to a panel of Master Hand Knitters for their review and comments. Upon successful completion of all three certification levels, the student becomes a Master Knitter. TKGA had 3,787 members in 2018. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ARENDA HOLLADAY | President | - | $0 | - | - |
| BINKA SCHWAN | Vice President | - | $0 | - | - |
| LESLIE GONZALEZ | Vice President | - | $0 | - | - |
| CHRISTINA K HANGER | Secretary | - | $0 | - | - |
| MARY E JACOBS | Treasurer | - | $0 | - | - |
| Celia Cahill | Vice President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Knitting Guild Association
- EIN
- 81-3004152
- Phone
- 2149232837
- Address
- 4809 DURHAM DRIVE, PLANO, TX 75093
Signing Officer
- Name
- Christina K Hanger
- Title
- Vice President
- Signed
- 2019-06-17
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Sutton Frost Cary LLP
- Address
- 600 Six Flags Dr Suite 600, Arlington, TX 76011
- Preparer
- Amy Michie
- Phone
- 8176498083
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $328”
Other Expenses.1002
“Office Expenses $774”
Other Expenses.1003
“Information Technology $4301”
Other Expenses.1005
“Travel $6316”
Other Expenses.1009
“Depreciation $2462”
Other Expenses.1012
“Insurance $728”
Other Expenses.1
“CAST ON EXPENSES $44743”
Other Expenses.2
“E-PAYMENT FEES $8300”
Other Expenses.3
“NEWSLETTER EXPENSE $4150”
Other Expenses.4
“Dues and subscriptions $924”
Other Expenses.5
“OTHER $565”
Other Assets.1003
“Machinery and Equipment - Beginning $9846 Machinery and Equipment - Ending $7384”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $49113 Accounts Payable and Accrued Expenses - Ending $38850”
Total Liabilities.1003
“Deferred Revenue - Beginning $44710 Deferred Revenue - Ending $35475”
Raw XML Appendix182 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/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Vice President |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 9846 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 7384 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 73591 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The specific purposes of the Corporation are to provide education and resources to knitters to increase their mastery of the craft of knitting. Our mission is to support serious knitters in their efforts to learn the history, perpetuate the traditional techniques, and keep the artisan aspect and high quality standards of the craft alive. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 545 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 68625 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TKGA produces a quarterly, electronic educational journal, Cast On, to members that contains educational articles, book reviews, yarn reviews, patterns with educational aspects, and technical articles. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | TKGA also provides a monthly newsletter, K2tog Newsletter, to members, which has educational offerings as well as member news. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | TKGA offers educational classes that are done remotely as correspondence courses. A cornerstone of TKGA is its Master Hand Knitting certification program, comprised of three levels. Knitters submit their knitting, writing, and technical knowledge to a panel of Master Hand Knitters for their review and comments. Upon successful completion of all three certification levels, the student becomes a Master Knitter. TKGA had 3,787 members in 2018. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 44743 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 4150 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 93823 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 74325 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 80636 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 48893 |
| IRS990EZ/TotalRevenueAmt | 0 | 168653 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.TKGA.ORG |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 100028 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 106667 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 33111 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 239806 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 68625 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 28468 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 5664 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 102757 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 342563 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 168653 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 135135 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 38775 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 342563 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 168653 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 135135 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 38775 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 342563 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $328 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $774 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Information Technology $4301 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Travel $6316 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Depreciation $2462 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Insurance $728 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | CAST ON EXPENSES $44743 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | E-PAYMENT FEES $8300 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | NEWSLETTER EXPENSE $4150 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | DUES AND SUBSCRIPTIONS $924 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | OTHER $565 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Machinery and Equipment - Beginning $9846 Machinery and Equipment - Ending $7384 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Accounts Payable and Accrued Expenses - Beginning $49113 Accounts Payable and Accrued Expenses - Ending $38850 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Deferred Revenue - Beginning $44710 Deferred Revenue - Ending $35475 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Assets.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Total Liabilities.1003 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CHRISTINA K HANGER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Vice President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-06-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE KNITTING GUILD ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KNIT |
| ReturnHeader/Filer/EIN | 0 | 813004152 |
| ReturnHeader/Filer/PhoneNum | 0 | 2149232837 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4809 DURHAM DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PLANO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75093 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 752593210 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Sutton Frost Cary LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 600 Six Flags Dr Suite 600 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Arlington |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 76011 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8176498083 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Amy Michie |
| ReturnHeader/ReturnTs | 0 | 2019-06-17T06:29:49-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $212,138
- Liabilities
- $74,325
- Net assets
- $137,813
- Revenue
- $168,653
- Expenses
- $80,636
- Net income
- $88,017