MANAGEMENT INSTITUTE FOR QUALITY-OF-LIFE STUDIES

EIN: 311802321 501(c)(3) Science & Technology

DUBLIN, VA

Total Revenue
$11,440
Total Expenses
$14,138
Total Assets
$92,498
Net Assets
$92,498
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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
VA
Principal Officer
MACK JOSEPH SIRGY
Phone
5402390157
Tax Period
2025-01-01 to 2025-12-31

MANAGEMENT INSTITUTE FOR QUALITY-OF-LIFE STUDIES, founded in 2001, is a micro nonprofit in the Science & Technology sector that reported $6K in total revenue in fiscal year 2018. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $45K exceeded revenue, resulting in a 652% operating deficit.

Mission

THE GENERAL OBJECTIVE OF THE MANAGEMENT INSTITUTE FOR QUALITY-OF-LIFE STUDIES (MIQOLS) IS TO CONDUCT QUALITY-OF-LIFE MANAGEMENT-RELATED RESEARCH FOR BUSINESS, NON-PROFIT, AND GOVERNMENT ORGANIZATIONS TO HELP THOSE ORGANIZATIONS: DEVELOP EDUCATIONAL PROGRAMS FOR MANAGERS AND POLICY MAKERS ON TOPICS RELATED TO QUALITY-OF-LIFE ISSUES; DEVELOP EVALUATION (RESEARCH) PROGRAMS BASED ON QUALITY-OF-LIFE PERFORMANCE MEASURES AND METHODS THAT CAN ASSIST IN STRATEGIC DECISION- MAKING IN TURBULENT ENVIRONMENTS--TECHNOLOGY, SOCIAL/CULTURAL, ECONOMIC, AND/OR POLITICAL ENVIRONMENTS; AND DEVELOP MANAGEMENT PROGRAMS TO HELP ORGANIZATIONS BETTER SERVE ITS MANY STAKEHOLDERS AND ENHANCE THEIR WELL BEING.

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Trantor Score

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $9,252
Program Service Revenue $0
Investment Income $2,163
Other Revenue $25
TOTAL REVENUE $11,440

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,574
Other Expenses $14,138
TOTAL EXPENSES $14,138

Year-over-Year Comparison

2025 2024 Change
Revenue $11,440 $18,294 -0.4%
Expenses $14,138 $16,723 -0.2%
Net Income $-2,698 $1,571 -2.7%
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

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Financial Distress Indicator

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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
3

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
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OSMAN BALCI DIRECTOR N/A
Director
$0 $0 $0
PAMELA A JACKSON SECRETARY/TR N/A
Officer Director
$0 $0 $0
MOHSEN JOSHANLOO DIRECTOR N/A
Director
$0 $0 $0
DONG-JIN LEE DIRECTOR N/A
Director
$0 $0 $0
CHAD MILLER DIRECTOR N/A
Director
$0 $0 $0
DON R RAHTZ DIRECTOR N/A
Director
$0 $0 $0
NORA P REILLY DIRECTOR N/A
Director
$0 $0 $0
MACK JOSEPH SIRGY EXECUTIVE DI N/A
Officer Director
$0 $0 $0
MUZAFFER UYSAL DIRECTOR N/A
Director
$0 $0 $0
JOSE DE JESUS GARCIA VEGA DIRECTOR N/A
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
2025 $11,440 $14,138 $92,498 $-2,698
2024 $18,294 $16,723 $95,196 $1,571
2023 $18,116 $14,448 $100,489 $3,668
2022 $20,327 $18,344 $96,751 $1,983
2021 $20,522 $14,769 $94,768 $5,753
2020 $71,889 $63,609 $89,015 $8,280
2019 $3,845 $41,217 $80,735 $-37,372
2018 $6,035 $45,402 $118,107 $-39,367
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