Quaglia Institute

EIN: 202298927 501(c)(3) Education

Portland, ME

Total Revenue
$296,011
Total Expenses
$196,649
Total Assets
$997,505
Net Assets
$701,503
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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
2005
Legal Domicile
ME
Principal Officer
Russell Quaglia
Phone
2077982231
Tax Period
2019-01-01 to 2019-12-31

Quaglia Institute, founded in 2005, is a small nonprofit in the Education sector that reported $296K in total revenue in fiscal year 2019. The organization ran a surplus of $99K, a strong 34% operating margin.

Mission

The Quaglia Institute for Student Aspirations works with thousands of disadvantaged students in rural and urban areas across the country. Our goals are to help the students in rural and urban areas across the country. Schools report that students are more engaged, ask more questions, and become leaders with our help and intervention. We encourage students to become involved in school and their community. We give teachers guides and resources to thousands of schools which often are unable to afford professional development materials. Teacher engagement and passion is increased through our work. We conduct district wide keynotes and parent presentations, often at no cost. Through our work with parents, we see parents' fears and apprehension around school diminish. Throughout the past year, we have been able to engage well over twenty thousand educators at regional and national workshops and conferences, directly impacting over 75,000 students, 50,000 teachers, and 10,000 administrators.

Program Service Accomplishments

Program 1
Expenses: $138,860 Revenue: $295,945

QISA's work includes professional training, surveys, full staff development and state and district level work throughout the year at multiple school districts across the country.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $295,945
Investment Income $66
Other Revenue $0
TOTAL REVENUE $296,011

Expense Breakdown

Grants Paid $0
Salaries & Benefits $135,883
Fundraising Expenses $0
Program Expenses $138,860
Other Expenses $60,766
TOTAL EXPENSES $196,649

Year-over-Year Comparison

2019 2018 Change
Revenue $296,011 $309,347 0.0%
Expenses $196,649 $246,292 -0.2%
Net Income $99,362 $63,055 +0.6%
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
3
Employees
2
Volunteers
5

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
2
$100,000
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gregory Kramer Director 0.00
Director
$0 $0 $0
Daniel Minter Chairman 0.00
Officer Director
$0 $0 $0
Russell J Quaglia President 65.00
Officer
$100,000 $0 $100,000
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
2019 $296,011 $196,649 $997,505 $99,362
2018 $309,347 $246,292 $898,143 $63,055
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