QM QUALITY MATTERS INC (EIN 465503339) - 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

2014

Legal Domicile

Principal Officer

DEBORAH ADAIR

Phone

8668514985

Tax Period

2024-01-01 to 2024-12-31

QM QUALITY MATTERS INC, founded in 2014, is a community nonprofit in the Education sector that reported $5.9M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

SEE PART III, LINE 1.

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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 $13,515

Program Service Revenue $5,866,996

Investment Income $3,080

Other Revenue $60,721

TOTAL REVENUE $5,944,312

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,361,054

Fundraising Expenses $0

Program Expenses $5,813,262

Other Expenses $2,105,740

TOTAL EXPENSES $6,466,794

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,944,312	$6,752,515	-0.1%
Expenses	$6,466,794	$6,897,451	-0.1%
Net Income	$-522,482	$-144,936	+2.6%

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

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

$545,438

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MJ BISHOP	CHAIR	0.15	Officer Director	$0	$0	$0
TINA PARSCAL	VICE CHAIR	0.15	Officer Director	$0	$0	$0
SHANNON RIGGS	SECRETARY	0.15	Officer Director	$0	$0	$0
SALLY JOHNSTONE	BOARD MEMBER	0.15	Director	$0	$0	$0
TERRENCE SCARBOROUGH	BOARD MEMBER	0.15	Director	$0	$0	$0
LUKE DOWDEN	BOARD MEMBER	0.15	Director	$0	$0	$0
MICAHEL MOORE	BOARD MEMBER	0.15	Director	$0	$0	$0
MICHELLE CLAVILLE	BOARD MEMBER	0.15	Director	$0	$0	$0
DAVID SHULMAN	BOARD MEMBER	0.15	Director	$0	$0	$0
JONATHAN S GAGLIARDI	BOARD MEMBER	0.15	Director	$0	$0	$0
MICHELLE KLOSS	BOARD MEMBER	0.15	Director	$0	$0	$0
ALEXANDERA SASHA THACKABERRY	BOARD MEMBER	0.15	Director	$0	$0	$0
DEBORAH ADAIR	CHIEF EXECUTIVE OFFICER	40.00	Officer	$309,550	$13,563	$323,113
THOMAS CLAFFEY	CFO/SR. OPERATIONS DIRECTOR	40.00	Officer	$186,702	$35,623	$222,325
BRENDA BOYD	DIR. OF PROF. DEV'L & CONSULTING	40.00	Highest	$137,214	$25,628	$162,842
BETHANY SIMUNICH	DIRECTOR OF RESEARCH AND INNOVATION	40.00	Highest	$140,080	$14,099	$154,179
MELISSA POOLE	DIRECTOR OF QUALITY ASSURANCE	40.00	Highest	$107,359	$31,154	$138,513
JAMES SNYDER	DIRECTOR OF MARKETING & ENGAGEMENT	40.00	Highest	$103,627	$34,781	$138,408
RACHEAL BROOKS	DIR. OF QA IMPLEMENTATION SOLUTIONS	40.00	Highest	$111,610	$18,757	$130,367

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	$5,944,312	$6,466,794	$6,742,270	$-522,482
2023	$6,752,515	$6,897,451	$7,563,431	$-144,936
2022	$7,163,014	$7,030,008	$8,162,283	$133,006
2021	$7,486,127	$6,276,951	$8,152,330	$1,209,176
2020	$7,473,612	$5,766,808	$7,257,264	$1,706,804
2019	$5,186,279	$5,052,998	$4,043,365	$133,281
2018	$5,120,574	$4,786,018	$3,700,281	$334,556

QM QUALITY MATTERS INC