EDUCATION QUALITY OUTCOMES STANDAR… - Form 990 Financial Data

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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

2017

Legal Domicile

Principal Officer

MARIA FLYNN

Phone

6177284446

Tax Period

2023-10-01 to 2024-09-30

EDUCATION QUALITY OUTCOMES STANDARDS INC, founded in 2017, is a small nonprofit in the Education sector that reported $149K in total revenue in fiscal year 2023. The organization ran a surplus of $109K, a strong 73% operating margin.

Mission

DESPITE THERE BEING MORE THAN A MILLION CREDENTIALS TO CHOOSE FROM IN THE U.S., THERE IS LITTLE GUIDANCE ON WHICH ONES OFFER THE GREATEST RETURN ON INVESTMENT FOR WORKERS AND EMPLOYERS. OUR MISSION IS TO BRING CLARITY TO THE NDC LANDSCAPE BY CREATING A FIRST-OF-ITS-KIND, UNIVERSAL SIGNAL OF QUALITY THAT DOES NOT RELY ON DATA COLLECTED BY PROVIDERS, BUT INSTEAD USES REAL WORKERS' OUTCOMES BEFORE AND AFTER THEY ATTAIN NDCS. BY PROVIDING COMPREHENSIVE DATA ON NDC QUALITY AND DEPLOYING TANGIBLE TOOLS TO ACTIVATE THIS INFORMATION, WE CAN EMPOWER MILLIONS OF U.S. WORKERS TO TRANSLATE SKILLS INTO BETTER JOBS.

Program Service Accomplishments

Program 1

Expenses: $35,154

WE HELP POST SECONDARY PROVIDERS COLLECT AND REPORT REALWORLD OUTCOMES DATA IN ORDER TO ESTABLISH CONSISTENT QUALITY ASSURANCE STANDARDS ACROSS EDUCATION AND TRAINING PROGRAMS. EQOS HAS DEVELOPED A ROBUST QUALITY ASSURANCE FRAMEWORK AND APPROACH FOR EDUCATION AND TRAINING PROVIDERS. TODAY, THE FRAMEWORK IS BEING PILOTED IN COLORADO, INDIANA, AND NEW JERSEY. IN ADDITION TO CREATING AND DEFINING THE METRICS FOR OUR FIVE OUTCOMES STANDARD CATEGORIES, WE ASSIST INDIVIDUAL EDUCATION PROVIDERS IN UNDERSTANDING THE FRAMEWORK AND PROVIDE TECHNICAL ASSISTANCE IN THE ACTUAL COLLECTION AND REPORTING OF THE OUTCOMES DATA. WE ALSO ASSIST STATE GOVERNMENTS AND POLICYMAKERS IN UNDERSTANDING THE RESULTS AND USING THE FRAMEWORK TO INCENTIVIZE THE IDENTIFICATION AND SCALING OF EDUCATION PROGRAMS THAT HAVE MEASURABLE REALWORLD SUCCESSES IN TRAINING OR RETRAINING VULNERABLE POPULATIONS.

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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 $149,100

Program Service Revenue $0

Investment Income $233

Other Revenue $0

TOTAL REVENUE $149,333

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,154

Other Expenses $40,427

TOTAL EXPENSES $40,427

Year-over-Year Comparison

	2023	2022	Change
Revenue	$149,333	N/A	N/A
Expenses	$40,427	$93,231	-0.6%
Net Income	$108,906	$-93,231	-2.2%

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

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

$1,564,012

Total Directors

$304,562

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAMESHIA BRIDGES MANSFIELD	DIRECTOR	1.00	Director	$0	$33,640	$304,562
MICHAEL HORN	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
ELISE SCANLON	DIRECTOR	1.00	Director	$0	$0	$0
TED MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
LISETTE NIEVES	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN YADZINKSI	EXECUTIVE DIRECTOR	4.00	Officer	$0	$49,072	$332,014
KRISTINA SAMPSON	TREASURER	1.00	Officer	$0	$27,397	$291,726
KRISTINA MOSS GUNNARSDOTTIR	SECRETARY	1.00	Officer	$0	$20,749	$182,877
MARIA FLYNN	CEO	1.00	Officer	$0	$70,211	$757,395

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	$149,333	$40,427	$149,333	$108,906
2023	No data	$93,231	No data	No data
2022	No data	$103,394	$574,542	No data
2022	No data	$584,109	$336,259	No data
2021	$842,500	$563,224	$677,584	$279,276
2020	$458,846	$312,729	$398,062	$146,117
2019	$691,500	$439,555	$251,945	$251,945

EDUCATION QUALITY OUTCOMES STANDARDS INC