QLS Acres Inc dba Meadows Inc (EIN 311510306) - Form 990 Financial Analysis & Trantor Score

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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

1996

Legal Domicile

Principal Officer

Ms Emma J Fountain

Phone

4046120762

Tax Period

2024-01-01 to 2024-12-31

QLS Acres Inc dba Meadows Inc, founded in 1996, is a micro nonprofit in the Housing & Shelter sector that reported $120K in total revenue in fiscal year 2024.

Mission

To provide 94 affordable housing units for the elderly in Atlanta, GA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $9

Other Revenue $-119,524

TOTAL REVENUE $-119,515

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-119,515	$-106,734	+0.1%
Expenses	N/A	N/A	N/A
Net Income	N/A	$-106,734	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Ms Dana Newman	Secretary	Officer Director	$0	$0	$0
Emma J Fountain	President	Officer Director	$0	$0	$0
Delores H Hampton	Vice President	Officer Director	$0	$0	$0
Charles A Lingo	Treasurer	Officer Director	$0	$0	$0
Mr Adeyemi Toure	Member	Director	$0	$0	$0
Mr Frank Jones	Member	Director	$0	$0	$0
Ms Carla Wiley	Parlimentarian	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
2024	$-119,515	No data	$3,623,194	No data
2023	$-106,734	No data	$3,769,346	No data
2022	$-141,678	No data	$3,861,264	No data
2021	$-209,466	No data	$3,975,297	No data
2020	$-146,148	No data	$4,162,668	No data
2020	$-146,148	No data	$4,162,668	No data

QLS Acres Inc dba Meadows Inc