HOUSTON, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)JONES CARTER FOUNDATION DBA QUIDDITY ENGINEERING FOUNDATION, founded in 2020, is a micro nonprofit in the Human Services sector that reported $42K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $69K exceeded revenue, resulting in a 64% operating deficit.
1)RELIEVE HUMAN SUFFERING AND ASSIST PERSONS, INCLUDING, BUT NOT LIMITED TO, QUIDDITY EMPLOYEES AND RETIREES, WHO ARE VICTIMS OF NATURAL DISASTERS, VICTIMS OF CIVIL DISASTERS, OR SUFFER A SEVERE FINANCIAL HARDSHIP.2) COORDINATE VOLUNTEERS TO SUPPORT CHARITABLE AND CIVIC ORGANIZATIONS OPERATING IN TEXAS, OR OTHER COMMUNITIES.3) CONDUCT OUTREACH WITH VARIOUS EDUCATIONAL AND MENTORING ORGANIZATIONS SERVING YOUNG PERSONS WITH AN EMPHASIS ON THE FIELDS OF SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH PROGRAMS.4) OFFER GRANTS AND SCHOLARSHIPS TO STUDENTS PRIMARILY STUDYING SCIENCE, TECHNOLOGY, ENGINEERING, MATH AND RELATED DISCIPLINES.5) OFFER GRANTS AND FUNDRAISING TO OTHER CHARITABLE ORGANIZATIONS SO LONG AS SUCH ORGANIZATIONS QUALIFY AS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE CODE AND AS PUBLIC CHARITIES UNDER SECTION 509(A) OF THE CODE.6) ENGAGE IN CHARITABLE ACTIVITIES THAT ARE DESIGNED TO ATTRACT SUPPORT FROM GOVERNMENTAL UNITS OR FROM THE GENERAL PUBLIC.
THE FOUNDATION SERVED AS AN EMPLOYEE ASSISTANCE FUND FOR QUIDDITY EMPLOYEES, RETIREES AND THEIR FAMILIES WHO HAD SUFFERED HARDSHIPS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $42,242 | $83,501 | -0.5% |
| Expenses | $69,172 | $149,031 | -0.5% |
| Net Income | $-26,930 | $-65,530 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CLAYTON BLACK | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| JEFFREY BRINDLE | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| SEAN HUDSON | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| KACI SCHLACHTER | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ERIN WILLIFORD | DIRECTOR - PRESIDENT | 0.50 |
Director
|
$0 | $0 | $0 |
| MARTIN G HICKS | DIRECTOR - SECRETARY | 0.50 |
Director
|
$0 | $0 | $0 |
| COLBY WRIGHT | DIRECTOR - TREASURER | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $42,242 | $69,172 | $171,386 | $-26,930 |
| 2022 | $83,501 | $149,031 | $211,292 | $-65,530 |
| 2021 | $258,234 | $45,276 | $284,972 | $212,958 |
Compare JONES CARTER FOUNDATION DBA QUIDDITY ENGINEERING FOUNDATION with other nonprofits in Texas and across the country.