QLARANT INC (EIN 263670453) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

RONALD FORSYTHE

Phone

8668862658

Tax Period

2024-07-01 to 2025-06-30

QLARANT INC, founded in 2007, is a small nonprofit in the Mental Health sector that reported $775K in total revenue in fiscal year 2024. Net assets of $3.3M represent 52 months of operating reserves.

Mission

PROVIDES GOVERNMENT CONTRACTING, AUDITING, MONITORING & CONSULTING FOR THE HEALTH CARE INDUSTRY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $750,000

Program Service Revenue $0

Investment Income $25,380

Other Revenue $25

TOTAL REVENUE $775,405

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,413,608

Fundraising Expenses $0

Other Expenses $-4,653,554

TOTAL EXPENSES $760,054

Year-over-Year Comparison

	2024	2023	Change
Revenue	$775,405	$785,858	0.0%
Expenses	$760,054	$472,165	+0.6%
Net Income	$15,351	$313,693	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

101

Volunteers

N/A

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

$1,705,177

Total Directors

$268,634

Key Employees

$958,860

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMANDA NEAL	BOARD MEMBER (THRU 09/30/24)	1.00	Director	$10,693	$2,672	$52,402
ANTHONY KERN	CHAIR	4.50	Officer Director	$20,197	$0	$20,197
BRIAN GRISSLER	VICE CHAIR	2.50	Officer Director	$14,851	$0	$14,851
HARBHAJAN AJRAWAT MD	BOARD MEMBER	1.00	Director	$11,881	$0	$11,881
HERBERT CHAIN	BOARD MEMBER	0.50	Director	$14,257	$0	$14,257
JOHN MURRAY	CHAIR (THRU 12/31/24)	2.50	Officer Director	$35,643	$0	$35,643
MIDGETT PARKER JR	BOARD MEMBER	4.00	Director	$14,257	$0	$14,257
REGINA KNOX-WOODS	BOARD MEMBER	1.00	Director	$11,881	$0	$17,821
S ALLAN ADELMAN	BOARD MEMBER	1.25	Director	$11,881	$0	$11,881
ELIZABETH M HEWLETT	BOARD MEMBER	2.00	Director	$11,881	$0	$11,881
MARK T EDNEY MD	BOARD MEMBER	1.00	Director	$11,881	$0	$11,881
JONATHAN BOYER	BOARD MEMBER	2.00	Director	$11,881	$0	$11,881
CHANTE'L BRADY	BOARD MEMBER	1.50	Director	$11,881	$0	$15,445
CHRISTOPHER BROOMFIELD	BOARD MEMBER	1.50	Director	$11,881	$0	$11,881
ARNOLD WILLIAMS	BOARD MEMBER	1.50	Director	$12,475	$0	$12,475
RONALD FORSYTHE	CEO	0.00	Officer	$0	$96,831	$963,447
JEFFREY WEISS	CFO (THRU 10/25/24)	0.00	Officer	$0	$39,191	$395,007
CHRISTINE LEISTER	CFO (BEG 10/24)	0.00	Officer	$0	$63,932	$276,032
SHANNON WOLFE	CORPORATE SECURITY OFFICER	0.00	Key Emp	$0	$21,857	$249,673
BRIAN CLEARY	CHIEF INFOMATION OFFICER	0.00	Key Emp	$0	$58,711	$321,057
LISA PRESTON FREEMAN	CHIEF HUMAN RESOURCE OFFICER	0.00	Key Emp	$0	$73,261	$388,130
DANIEL EDRIS	DIRECTOR, DATA MANAGEMENT	0.00	Highest	$0	$65,086	$249,565
HONGLI PU	VP, NEW PRODUCT DEVELOPMENT	0.00	Highest	$0	$69,942	$309,633
WILLIAM MAPP	CHIEF TECHNOLOGY OFFICER	0.00	Highest	$0	$67,077	$290,326
DEIRDRE STOKES	CONTRACT AND COMPLIANCE OFFICER	0.00	Highest	$0	$22,068	$208,748
MICHAEL COOKE	CHIEF GROWTH AND STRATEGY OFFICER	0.00	Highest	$0	$21,662	$346,093

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	$775,405	$760,054	$10,804,665	$15,351
2024	$785,858	$472,165	$10,557,875	$313,693
2023	$2,645,196	$1,316,242	$10,568,545	$1,328,954
2022	$1,969,708	$1,393,253	$5,076,836	$576,455
2021	$1,853,054	$2,072,058	$4,953,049	$-219,004
2020	$2,063,739	$2,429,216	$5,521,160	$-365,477
2019	$1,423,171	$1,638,461	$6,652,202	$-215,290
2018	$2,000,000	$1,790,820	$5,070,458	$209,180

QLARANT INC