Civic Intelligence

Knitting Guild Association

990 • Fiscal year 2021 • EIN 81-3004152

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 21, 2022

Organization ProfileWWW.TKGA.ORG
4824 Sunnybrook DrivePlano, TX 75093

(214) 923-2837

Siviq Scores

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

Liabilities / Assets

86th percentile

0.31x

Higher debt load relative to assets than 86% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

87th percentile

0.29x

Higher debt load relative to revenue than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

56th percentile

13%

Higher net margin than 56% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

89th percentile

$37,934

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

48th percentile

4.4%

Faster asset growth than 48% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

84th percentile

88%

Faster revenue growth than 84% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$247,530

Up $10,361 (+4.4%) from 2020

Net Assets

Up

$169,734

Up $34,565 (+26%) from 2020

Liabilities

Down

$77,796

Down $24,204 (-24%) from 2020

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin56th percentile

Revenue

Up

$269,842

Up $126,231 (+88%) from 2020

Expenses

Up

$235,277

Up $76,679 (+48%) from 2020

Net Income

Up

$34,565

Up $49,552 (+331%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$400K$300K$200K$100K$0Assets 2017: $143,619Liabilities 2017: $93,823Net Assets 2017: $49,7962017Assets 2018: $212,138Liabilities 2018: $74,325Net Assets 2018: $137,8132018Assets 2019: $217,640Liabilities 2019: $67,484Net Assets 2019: $150,1562019Assets 2020: $237,169Liabilities 2020: $102,000Net Assets 2020: $135,1692020Assets 2021: $247,530Liabilities 2021: $77,796Net Assets 2021: $169,7342021Assets 2022: $273,526Liabilities 2022: $78,395Net Assets 2022: $195,1312022Assets 2023: $308,094Liabilities 2023: $85,961Net Assets 2023: $222,1332023Assets 2024: $333,518Liabilities 2024: $94,904Net Assets 2024: $238,6142024

Highlighted filing

2021

Assets$247,530
Liabilities$77,796
Net Assets$169,734
Open 2021 Filing

Operations Trend

Revenue Growth84th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2017: $135,135Expenses 2017: $80,350Net Income 2017: $54,7852017Revenue 2018: $168,653Expenses 2018: $80,636Net Income 2018: $88,0172018Revenue 2019: $152,124Expenses 2019: $139,781Net Income 2019: $12,3432019Revenue 2020: $143,611Expenses 2020: $158,598Net Income 2020: -$14,9872020Revenue 2021: $269,842Expenses 2021: $235,277Net Income 2021: $34,5652021Revenue 2022: $216,504Expenses 2022: $191,107Net Income 2022: $25,3972022Revenue 2023: $324,741Expenses 2023: $297,739Net Income 2023: $27,0022023Revenue 2024: $349,095Expenses 2024: $332,614Net Income 2024: $16,4812024

Highlighted filing

2021

Revenue$269,842
Expenses$235,277
Net Income$34,565
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 21, 2022
Return Version
2021v4.0
Gross Receipts
$269,842
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$217,878$244,083▲ $26,205
Prepaid Expenses and Deferred Charges$16,829$3,447▼ $13,382
Land, Buildings, and Equipment, Net$2,462$0▼ $2,462
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$237,169$247,530▲ $10,361
Other Assets Total-$0-
Liabilities
Deferred Revenue$63,500$44,731▼ $18,769
Accounts Payable and Accrued Expenses$38,500$33,065▼ $5,435
Total Liabilities$102,000$77,796▼ $24,204
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$135,169$169,734▲ $34,565
Total Net Assets Fund Balance$135,169$169,734▲ $34,565
Total Liabilities and Net Assets / Fund Balance$237,169$247,530▲ $10,361

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$12,308$12,308
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Arenda HolladayPres & Exec Director-$37,934$37,934
Mary E JacobsTreasurer-$17,307$17,307
Heather StortaVP-education-$6,409$6,409
Donna EstinVP-public Rel.PT$4,925$4,925
Leslie GonzalezVP-cert.PT$3,075$3,075
Celia CahillVP-off-site Ed.PT$1,200$1,200

Board Members and Trustees

NameTitle
Christina K HangerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$11,343
Program Service Revenue
$258,499
Investment Income
$0
Other Revenue
$0
All Other Contributions
$11,343
Change in Net Assets
$34,565

Audited Revenue Reconciliation

Revenue per Audited Statements
$269,842
Total Revenue per Audited Statements
$269,842
Total Revenue per Form 990
$269,842
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$152,804
Salaries, Compensation, and Employee Benefits$82,473
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$95,220--$95,220
Current Officers, Directors, Trustees, and Key Employees$67,473$15,000-$82,473
Fees for Services Other$23,400--$23,400
Fees for Services Accounting-$5,950-$5,950
Depreciation Depletion$2,462--$2,462
Other Expenses$5,375$917-$917
Fees for Services Legal-$507-$507
Total Functional Expenses$212,158$23,119$0$235,277

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$235,277
Total Expenses per Audited Statements$235,277
Total Expenses per Form 990$235,277
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Arenda HolladayDirectorCast on EditorNo$37,934
Mary JacobsDirectorBookkeeping FeesNo$17,307

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“The Form 990 will be shared via email with all the board of directors. Any questions will be addressed via email and board approval will be documented through the email process.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Board members are required to disclose any conflicts of interest.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
The Knitting Guild Association
EIN
81-3004152
Phone
2149232837
Address
4824 SUNNYBROOK DRIVE, PLANO, TX 75093

Signing Officer

Name
Christina K Hanger
Title
Secretary
Signed
2022-06-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christina K Hanger
Formed
2016
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
5
Employees
0

Preparer

Firm
Sutton Frost Cary LLP
Address
600 Six Flags Dr Suite 600, Arlington, TX 76011
Preparer
Carroll Elizabeth Arnott
Phone
8176498083
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The guild is a nonprofit publicly supported organization, as defined in section 501(c)(3) of the internal revenue code (irc) that is exempt from federal income taxes under section 501(a) of the irc. For years ended december 31, 2021 and 2020, the guild did not conduct any unrelated business activities that would be subject to federal income taxes and had no uncertain tax positions. Therefore, no tax provision or liability has been reported.gaap requires the evaluation of tax positions taken in the course of preparing the guild's tax returns and recognition of a tax liability (or asset) if the guild has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. Management has analyzed the tax positions taken by the guild, and has concluded that as of december 31, 2021, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 437 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
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt038500
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt033065
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The 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.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt011343
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0MARY E JACOBS
IRS990/BooksInCareOfDetail/PhoneNum02149232837
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04824 SUNNYBROOK DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0PLANO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd075093
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0217878
IRS990/CashNonInterestBearingGrp/EOYAmt0244083
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt015000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt067473
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt082473
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt095220
IRS990/ConferencesMeetingsGrp/TotalAmt095220
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt011343
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0152804
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0258499
IRS990/CYRevenuesLessExpensesAmt034565
IRS990/CYSalariesCompEmpBnftPaidAmt082473
IRS990/CYTotalExpensesAmt0235277
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0269842
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt063500
IRS990/DeferredRevenueGrp/EOYAmt044731
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02462
IRS990/DepreciationDepletionGrp/TotalAmt02462
IRS990/Desc0TKGA 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.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0153818
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05950
IRS990/FeesForServicesAccountingGrp/TotalAmt05950
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0507
IRS990/FeesForServicesLegalGrp/TotalAmt0507
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt023400
IRS990/FeesForServicesOtherGrp/TotalAmt023400
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt38.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt56.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt610.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0ARENDA HOLLADAY
IRS990/Form990PartVIISectionAGrp/PersonNm1MARY E JACOBS
IRS990/Form990PartVIISectionAGrp/PersonNm2HEATHER STORTA
IRS990/Form990PartVIISectionAGrp/PersonNm3DONNA ESTIN
IRS990/Form990PartVIISectionAGrp/PersonNm4LESLIE GONZALEZ
IRS990/Form990PartVIISectionAGrp/PersonNm5Celia Cahill
IRS990/Form990PartVIISectionAGrp/PersonNm6CHRISTINA K HANGER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt037934
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt117307
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26409
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt34925
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt43075
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt51200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRES & EXEC DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP-EDUCATION
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP-PUBLIC REL.
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP-CERT.
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP-OFF-SITE ED.
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0269842
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012308
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02462
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt012308
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0The 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0135169
IRS990/NetAssetsOrFundBalancesEOYAmt0169734
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0135169
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0169734
IRS990/NoncashContributionsAmt09149
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0CREDIT CARD AND BANK FEES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2WEBSITE
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0745
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1917
IRS990/OtherExpensesGrp/ProgramServicesAmt013595
IRS990/OtherExpensesGrp/ProgramServicesAmt14633
IRS990/OtherExpensesGrp/ProgramServicesAmt25375
IRS990/OtherExpensesGrp/TotalAmt013595
IRS990/OtherExpensesGrp/TotalAmt15378
IRS990/OtherExpensesGrp/TotalAmt25375
IRS990/OtherExpensesGrp/TotalAmt3917
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016829
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03447
IRS990/PrincipalOfficerNm0CHRISTINA K HANGER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0KNITTING COURSES
IRS990/ProgramServiceRevenueGrp/Desc1Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0173500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt184999
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0173500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt184999
IRS990/ProgSrvcAccomActy2Grp/Desc0TKGA 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. Members also receive the monthly newsletter and K2tog Newsletter, which has educational offerings as well as member news.TKGA had 3,446 members in 2021.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt058340
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt084999
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt011760
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt090682
IRS990/PYProgramServiceRevenueAmt0131851
IRS990/PYRevenuesLessExpensesAmt0-14987
IRS990/PYSalariesCompEmpBnftPaidAmt067916
IRS990/PYTotalExpensesAmt0158598
IRS990/PYTotalRevenueAmt0143611
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt034565
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0173500
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt096342
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt084193
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt094530
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0100028
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0106667
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0481760
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0173500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt059418
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt057594
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt068625
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt028468
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0387605
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0869365
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0269842
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0143611
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0152124
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0168653
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0135135
IRS990ScheduleA/Total509Grp/TotalAmt0869365
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0269842
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0143611
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0152124
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0168653
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0135135
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0869365
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012308
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012308
IRS990ScheduleD/ExpensesSubtotalAmt0235277
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt0269842
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE GUILD IS A NONPROFIT PUBLICLY SUPPORTED ORGANIZATION, AS DEFINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE IRC. FOR YEARS ENDED DECEMBER 31, 2021 AND 2020, THE GUILD DID NOT CONDUCT ANY UNRELATED BUSINESS ACTIVITIES THAT WOULD BE SUBJECT TO FEDERAL INCOME TAXES AND HAD NO UNCERTAIN TAX POSITIONS. THEREFORE, NO TAX PROVISION OR LIABILITY HAS BEEN REPORTED.GAAP REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN IN THE COURSE OF PREPARING THE GUILD'S TAX RETURNS AND RECOGNITION OF A TAX LIABILITY (OR ASSET) IF THE GUILD HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE GUILD, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2021, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalExpensesPerForm990Amt0235277
IRS990ScheduleD/TotalRevenuePerForm990Amt0269842
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0269842
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0235277
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0ARENDA HOLLADAY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1MARY JACOBS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt037934
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt117307
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CAST ON EDITOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1BOOKKEEPING FEES
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 will be shared via email with all the board of directors. Any questions will be addressed via email and board approval will be documented through the email process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0237169
IRS990/TotalAssetsEOYAmt0247530
IRS990/TotalAssetsGrp/BOYAmt0237169
IRS990/TotalAssetsGrp/EOYAmt0247530
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt011343
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023119
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0212158
IRS990/TotalFunctionalExpensesGrp/TotalAmt0235277
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0102000
IRS990/TotalLiabilitiesEOYAmt077796
IRS990/TotalLiabilitiesGrp/BOYAmt0102000
IRS990/TotalLiabilitiesGrp/EOYAmt077796
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0135169
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0169734
IRS990/TotalProgramServiceExpensesAmt0212158
IRS990/TotalProgramServiceRevenueAmt0258499
IRS990/TotalReportableCompFromOrgAmt070850
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0258499
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0269842
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0237169
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0247530
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04824 SUNNYBROOK DRIVE
IRS990/USAddress/CityNm0PLANO
IRS990/USAddress/StateAbbreviationCd0TX

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$247,530
Liabilities
$77,796
Net assets
$169,734
Revenue
$269,842
Expenses
$235,277
Net income
$34,565
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.34$0.95$2.39$3.49$3.33$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.08$0.86$2.22$3.25$2.98$0.27
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.74$0.78$1.95$2.17$1.91$0.25
2021Detailed filing. Detailed filing data is available for this year.$2.48$0.78$1.70$2.70$2.35$0.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$1.02$1.35$1.44$1.59$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.18$0.67$1.50$1.52$1.40$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$0.74$1.38$1.69$0.81$0.88
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.94$0.50$1.35$0.80$0.55