QUALITY EDUCATION FOR KIDS INC (EIN 813843828) - 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

2016

Legal Domicile

Principal Officer

Gary T Wagner

Phone

9738424974

Tax Period

2019-01-01 to 2019-12-31

QUALITY EDUCATION FOR KIDS INC, founded in 2016, is a small nonprofit that reported $211K in total revenue in fiscal year 2019. Revenue surged 21039% from the prior year, signaling strong growth momentum. The organization ran a surplus of $207K, a strong 98% operating margin.

Mission

QUALITY EDUCATION FOR KIDS, INC. ORGANIZES AND CONDUCTS EVENTS TO RAISE AND CONTRIBUTE FUNDS TO PUBLIC CHARITIES. THE CHARITIES FOR WHICH THE ORGANIZATION RAISES FUNDS AND TO WHICH THE ORGANIZATION MAKES CONTRIBUTIONS ARE: (1) CHARITIES DIRECTLY ENGAGED IN EDUCATIONAL ACTIVITIES, AND/OR (2) CHARITIES WHICH PROVIDE INDIRECT SUPPORT FOR EDUCATIONAL ACTIVITIES BY SERVING FUNCTIONS WHICH MAKE, OR HELP MAKE, QUALITY EDUCATION FOR CHILDREN POSSIBLE. THE ORGANIZATION CONDUCTED AN OUTDOOR CONCERT IN 2019.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $460,000

Program Service Revenue $0

Investment Income $0

Other Revenue $-248,613

TOTAL REVENUE $211,387

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $4,366

TOTAL EXPENSES $4,366

Year-over-Year Comparison

	2019	2018	Change
Revenue	$211,387	$1,000	+210.4%
Expenses	$4,366	$4,667	-0.1%
Net Income	$207,021	$-3,667	-57.5%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael J DeMarco	President	1.50	Officer Director	$0	$0	$0
Gary T Wagner	Secretary	1.50	Officer Director	$0	$0	$0
John P Napoli	Trustee	1.50	Director	$0	$0	$0
Mitchell E Rudin	Trustee	1.50	Director	$0	$0	$0
Marshall B Tycher	Trustee	1.50	Director	$0	$0	$0
Philip McGovern	Trustee	1.50	Director	$0	$0	$0
Ilene Jablonski	Vice President	1.50	Officer	$0	$0	$0
Giovanni M DeBari	Asst Treasurer	1.50	Officer	$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	$211,387	$4,366	$295,990	$207,021

QUALITY EDUCATION FOR KIDS INC