Overview
What is The Quilt Inc?
The Quilt Inc., a Seattle-based nonprofit organization, is dedicated to fostering the widespread distribution of sophisticated networking services. They achieve this by catalyzing collaborative efforts among executive leaders, encouraging open dialogues, and promoting focused discussions. The Quilt also contributes to the advancement of research and education in the United States by offering an array of advanced networking services. This organization's mission is to bridge the gap in networking, ensuring that services are accessible to a wide range of users.
Official website here: www.thequilt.net
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The Quilt Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating is based entirely on an Accountability & Finance score of 96%, indicating that the organization demonstrates high standards in financial management and transparency.
Key strengths include a fully independent board, which scored 100% for having majority independent members. The organization also excels in maintaining thorough financial oversight, highlighted by its effective audit and oversight committee and adherence to conflict of interest policies. With a program expense ratio of 84.53%, a significant portion of its funds goes directly to its programs, ensuring that the mission is prioritized.
No significant limitations were noted in the feedback, showcasing The Quilt Inc's commitment to effective governance and financial integrity. The organization’s practices, including the listing of its website on tax forms and structured document retention policies, further reinforce its dedication to transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The Quilt Inc legitimate?
The Quilt Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Quilt Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $210,988
Professional Fundraising Fees: $0
Other Salaries and Wages: $168,176
For more financial information, click here
Official website here: www.thequilt.net
What is the mission statement of The Quilt Inc?
The Quilt Inc, a consortium of advanced non-profit research and education networks, is dedicated to promoting the widest possible dissemination of advanced networking services. They accomplish this by fostering engagement and focused discussions among executive leaders. The organization plays a significant role in advancing research and education in the United States by offering a variety of advanced networking services. In essence, The Quilt Inc aims to facilitate the expansion of advanced networking capabilities, thereby promoting educational and research advancements nationwide.
Official website here: www.thequilt.net
Who is the CEO of The Quilt Inc?
Jennifer L Leasure is the President of The Quilt Inc.
Official website here: www.thequilt.net
What is the revenue of The Quilt Inc?
The Quilt Inc's revenue in 2022 was $984,446.
Official website here: www.thequilt.net
Who are the executives of The Quilt Inc and what are their salaries?
The average compensation at The Quilt Inc during 2022 was $75,833. There are 5 employees and 38 volunteers at The Quilt Inc.
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- Compensation: $210,988
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Official website here: www.thequilt.net
Where can I find the form 990 for The Quilt Inc?
The Quilt Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thequilt.net
Learn more at the official website: www.thequilt.net
Mission Statement of The Quilt Inc
The Quilt, a consortium of advanced non-profit research and education networks, is committed to promoting the widest possible delivery of advanced networking services. By facilitating engaged discussions among executive leaders and fostering focused conversations, The Quilt plays a pivotal role in advancing research and education within the United States. The organization achieves this by offering a variety of advanced networking services, thereby contributing significantly to the broader technological landscape.
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Impact
July, 2024
The Quilt Inc plays a vital role in advancing research and education in the United States by promoting the broad delivery of advanced networking services. They facilitate member engagement and focused conversations among executive leaders, allowing for collaboration and innovation in the field. By providing a range of advanced networking services, The Quilt Inc enables institutions to enhance their capabilities and accelerate progress in research and education. Their impact can be seen in the improved connectivity and opportunities for learning and discovery that they help to create.
This information is meant to be a general summary of The Quilt Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,669
- Program Service Revenue: $170,800
- Gross Receipts: $984,446
Assets and Liabilities:
- Total Assets: $1,234,212
- Total Liabilities: $96,214
- Net Assets: $1,137,998
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETING AND WORKSHOP F
Revenue
$155,130
CONSORTIUM CONTRACT FE
Revenue
$15,670
Organization Details
Founding Year
2001
Phone
(206) 403-3188Principal Officer
Jennifer L Leasure
Main Address
2442 NW MARKET ST 68, SEATTLE, WA, 98107
Website
www.thequilt.netNTEE Category
Code: B030 - Education
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