Quality Education Institute (EIN 561775418) - 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

1992

Legal Domicile

Principal Officer

Tamara Turner

Phone

7434440377

Tax Period

2023-07-01 to 2024-06-30

Quality Education Institute, founded in 1992, is a small nonprofit that reported $956K in total revenue in fiscal year 2023. Expenses of $1.1M exceeded revenue, resulting in a 20% operating deficit.

Mission

The Entity is a school specializing in daycare providing an educational curriculum for children leading to a more productive citizen.

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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 (2023)

Revenue Breakdown

Contributions & Grants $223,852

Program Service Revenue $521,153

Investment Income $0

Other Revenue $210,504

TOTAL REVENUE $955,509

Expense Breakdown

Grants Paid $0

Salaries & Benefits $680,943

Fundraising Expenses $0

Program Expenses $906,386

Other Expenses $468,213

TOTAL EXPENSES $1,149,156

Year-over-Year Comparison

	2023	2022	Change
Revenue	$955,509	$1,002,092	0.0%
Expenses	$1,149,156	$1,168,366	0.0%
Net Income	$-193,647	$-166,274	+0.2%

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

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

$121,035

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tamara Turner	CEO of School	000.75	Key Emp	$0	$0	$121,035
Jefferson Caruthers	President	001.00	Officer Director	$0	$0	$0
Adolphus Coplin	Board Member	000.75	Director	$0	$0	$0
Luther Covington	Board Member	000.75	Director	$0	$0	$0
John Foxworth	Board Member	000.75	Director	$0	$0	$0
James Gadson	Board Member	000.75	Director	$0	$0	$0
Kendra March	Board Member	000.75	Director	$0	$0	$0
Ronald Jessup	Board Member	000.75	Director	$0	$0	$0
Walter Weathers	Board Member	000.75	Director	$0	$0	$0
Monique Curry	Board Member	000.75	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	No data	No data	No data	No data
2024	$955,509	$1,149,156	$2,071,172	$-193,647
2023	$1,002,092	$1,168,366	$2,218,359	$-166,274
2022	$1,191,316	$1,069,734	$2,511,288	$121,582
2020	$1,017,095	$1,041,723	$2,541,923	$-24,628
2019	$1,141,794	$904,963	$2,483,048	$236,831

Quality Education Institute