QUALITATIVE RESEARCH CONSULTANTS A… - Form 990 Financial Data

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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

1983

Legal Domicile

Principal Officer

LAUREN ISAACSON

Phone

6512907491

Tax Period

2023-01-01 to 2023-12-31

QUALITATIVE RESEARCH CONSULTANTS ASSOCIATION INC, founded in 1983, is a small nonprofit that reported $712K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $800K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO ADVANCE THE DISCIPLINE OF QUALITATIVE RESEARCH WORLDWIDE

Program Service Accomplishments

Program 1

QRCA has nearly 1000 members throughout the world who are engaged in qualitative research. The annual conference brings together over 300 individuals within the industry & provides educational...

QRCA has nearly 1000 members throughout the world who are engaged in qualitative research. The annual conference brings together over 300 individuals within the industry & provides educational sessions as well as the opportunity to network with researchers from all over the world. QRCA also hosts educational training & webinars throughout the year, publishes a quarterly magazine, hosts networking events & shares best practices.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $686,118

Investment Income $13,095

Other Revenue $12,533

TOTAL REVENUE $711,746

Expense Breakdown

Grants Paid $500

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $799,112

TOTAL EXPENSES $799,612

Year-over-Year Comparison

	2023	2022	Change
Revenue	$711,746	$524,277	+0.4%
Expenses	$799,612	$633,091	+0.3%
Net Income	$-87,866	$-108,814	-0.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MERMELSTEIN	President	2.50	Officer Director	$0	$0	$0
LAUREN ISAACSON	Vice President	2.50	Officer Director	$0	$0	$0
JEFF HECKER	Treasurer	2.50	Officer Director	$0	$0	$0
SUSAN FADER	Treasurer	2.50	Officer Director	$0	$0	$0
BOB TAYLOR	Director	1.00	Director	$0	$0	$0
NATALIA INFANTE CAYLOR	Director	1.00	Director	$0	$0	$0
COLLEEN WELSH-ALLEN	Director	1.00	Director	$0	$0	$0
CYNTHIA HARRIS	Director	1.00	Director	$0	$0	$0
ELIZABETH MCKINELY	Director	1.00	Director	$0	$0	$0
PETER BLACK	Executive Dir.	25.00	Officer	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$711,746	$799,612	$721,397	$-87,866
2022	$524,277	$633,091	$690,081	$-108,814
2021	$367,632	$443,833	$907,200	$-76,201
2020	$741,825	$719,674	$878,824	$22,151
2019	$646,408	$593,997	$1,111,686	$52,411
2018	$784,998	$803,734	$886,362	$-18,736

QUALITATIVE RESEARCH CONSULTANTS ASSOCIATION INC