QUALITY TEAM CORPORATION (EIN 522182465) - 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

2000

Legal Domicile

Principal Officer

RYAN GRIFFIN

Phone

5135319500

Tax Period

2023-07-01 to 2024-06-30

QUALITY TEAM CORPORATION, founded in 2000, is a community nonprofit in the Education sector that reported $8.3M in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 27% operating margin.

Mission

PUBLIC EDUCATION - K-7 ELEMENTARY EDUCATION

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $2,915,964

Program Service Revenue $5,273,987

Investment Income $0

Other Revenue $115,149

TOTAL REVENUE $8,305,100

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,942,507

Fundraising Expenses $0

Program Expenses $6,046,938

Other Expenses $2,112,361

TOTAL EXPENSES $6,054,868

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,305,100	$5,674,531	+0.5%
Expenses	$6,054,868	$5,827,256	+0.0%
Net Income	$2,250,232	$-152,725	-15.7%

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

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

$200,032

Total Directors

$6,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN Y FRENCH	SUPERINTENDENT	40	Officer	$200,032	$0	$200,032
RYAN GRIFFIN	BOARD PRESIDENT	3	Director	$1,350	$0	$1,350
DARLENE NUNLEY	TRUSTEE	1	Director	$1,350	$0	$1,350
VIRGINIA COLE	TRUSTEE	1	Director	$1,350	$0	$1,350
DAVID GOINS	TRUSTEE	1	Director	$1,350	$0	$1,350
LA VERN PAYNE	TRUSTEE	1	Director	$1,350	$0	$1,350

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	No data	No data	No data	No data
2024	$8,305,100	$6,054,868	$4,051,602	$2,250,232
2023	$5,674,531	$5,954,791	$1,947,373	$-280,260
2022	$6,517,062	$5,695,124	$2,121,643	$821,938
2021	$5,143,663	$5,151,400	$8,028,241	$-7,737

QUALITY TEAM CORPORATION