THE NATIONAL GRADUATE SCHOOL OF QUALITY MANAGEMENT INC

EIN: 043250289 501(c)(3)

WEST FALMOUTH, MA

Total Revenue
$2,519
Total Expenses
$140,109
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
MA
Principal Officer
DR ROBERT ANTONUCCI
Phone
5084571313
Tax Period
2020-07-01 to 2021-06-30

THE NATIONAL GRADUATE SCHOOL OF QUALITY MANAGEMENT INC, founded in 1994, is a micro nonprofit that reported $3K in total revenue in fiscal year 2020. Revenue surged 81% from the prior year, signaling strong growth momentum. Expenses of $140K exceeded revenue, resulting in a 5462% operating deficit.

Mission

TO PROVIDE A COMPREHENSIVE ADVANCED EDUCATION TO INDIVIDUALS SEEKING A BECHELOR'S DEGREE, MASTER'S DEGREE AND DOCTORATE IN QUALITY SYSTEMS MANAGEMENT AND HOMELAND SECURITY.

Program Service Accomplishments

Program 1
Expenses: $90,000 Revenue: $2,519

THE FOLLOWING IS THE SCHOOL'S FORMER PROGRAM SERVICE ACCOMPLISHMENT AS THE SCHOOL DID NOT PROVIDE ANY PROGRAM SERVICES DURING THE CURRENT FISCAL YEAR AS IT WAS IN THE PROCESS OF LIQUIDATING (SEE...

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THE FOLLOWING IS THE SCHOOL'S FORMER PROGRAM SERVICE ACCOMPLISHMENT AS THE SCHOOL DID NOT PROVIDE ANY PROGRAM SERVICES DURING THE CURRENT FISCAL YEAR AS IT WAS IN THE PROCESS OF LIQUIDATING (SEE SCHEDULE O FOR FURTHER) - TO PROVIDE WORKING ADULTS WITH HIGHER-LEVEL KNOWLEDGE AND UNDERSTANDING OF THE CONCEPTS, PRINCIPLES AND TOOLS OF QUALITY-BASED SYSTEMS MANAGEMENT FOR PERFORMANCE EXCELLENCE. TO GRADUATE INDIVIDUALS WITH BEHAVIORAL, ANALYTICAL, CUSTOMER SERVICE, AND LEADERSHIP SKILLS TO ACHIEVE TANGIBLE AND MEASURABLE RESULTS FOR ORGANIZATIONAL PERFORMANCE EXCELLENCE. TO RAISE THE OVERALL UNDERSTANDING OF QUALITY-BASED SYSTEMS MANAGEMENT IN THE PUBLIC AND PRIVATE SECTORS NATIONWIDE. TO DEVELOP PROPONENTS AND EDUCATORS OF QUALITY SYSTEMS MANAGEMENT ABLE TO FURTHER UNDERSTANDING AND APPLICATION OF THE CONCEPTS, PRINCIPLES AND TOOLS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,519
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,519

Expense Breakdown

Grants Paid $90,000
Salaries & Benefits $20,620
Fundraising Expenses $0
Program Expenses $90,000
Other Expenses $29,489
TOTAL EXPENSES $140,109

Year-over-Year Comparison

2020 2019 Change
Revenue $2,519 $1,390 +0.8%
Expenses $140,109 $27,109 +4.2%
Net Income $-137,590 $-25,719 +4.3%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
1
Volunteers
2

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$22,915
Total Directors
3
$22,915
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR ROBERT ANTONUCCI CHAIRMAN 10.00
Officer Director
$22,915 $0 $22,915
MARK J LOWENSTEIN VICE CHAIRMAN 1.00
Director
$0 $0 $0
DANA S ASHWORTH JR TREASURER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $2,519 $140,109 No data $-137,590
2020 $1,390 $27,109 $143,812 $-25,719
2019 $223 $138,367 $201,000 $-138,144
2018 $1,887,277 $1,780,127 $751,845 $107,150
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