QUALITY EDUCATION SERVICES OF MN INC (EIN 464014810) - 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

2013

Legal Domicile

Principal Officer

PAUL SIMONE

Phone

6122027209

Tax Period

2019-01-01 to 2019-12-31

QUALITY EDUCATION SERVICES OF MN INC, founded in 2013, is a small nonprofit that reported $227K in total revenue in fiscal year 2019. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $266K exceeded revenue, resulting in a 17% operating deficit.

Mission

WE MOBILIZE COMMUNITY ELDERS TO BUILD CARING RELATIONSHIPS THAT HELP CHILDREN DEVELOP SOCIAL, EMOTIONAL, AND ACADEMIC SKILLS, WHILE CULTIVATING MEANINGFUL INTERGENERATIONAL CONNECTIONS TO THE COMMUNITY.

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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 (2019)

Revenue Breakdown

Contributions & Grants $226,609

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $226,609

Expense Breakdown

Grants Paid $0

Salaries & Benefits $193,881

Fundraising Expenses $21,550

Program Expenses $215,849

Other Expenses $68,986

TOTAL EXPENSES $265,833

Year-over-Year Comparison

	2019	2018	Change
Revenue	$226,609	$512,376	-0.6%
Expenses	$265,833	$404,264	-0.3%
Net Income	$-39,224	$108,112	-1.4%

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

103

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

$51,853

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL SIMONE	EXECUTIVE DIRECTOR	40.00	Officer	$51,853	$0	$51,853
JOHN CAIRNS	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
ROSALIND SULLIVAN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
SONAL REDD	TREASURER/SECRETARY	1.00	Officer Director	$0	$0	$0
HEATHER HIRSCH	DIRECTOR	1.00	Director	$0	$0	$0
LIZ WYNNE	DIRECTOR	1.00	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
2019	$226,609	$265,833	$104,106	$-39,224
2018	$512,376	$404,264	$182,812	$108,112

QUALITY EDUCATION SERVICES OF MN INC