CONSORTIUM FOR QUALITATIVE RESEARCH METHODS INC (EIN 860998031) - 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

2002

Legal Domicile

Principal Officer

COLIN ELMAN

Phone

3154434068

Tax Period

2023-08-01 to 2024-07-31

CONSORTIUM FOR QUALITATIVE RESEARCH METHODS INC, founded in 2002, is a micro nonprofit that reported $52K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $37K, a strong 71% operating margin.

Mission

The Consortium for Qualitative Research Methods promotes the teaching and use of qualitative research methods in the social sciences, including qualitative and multi-method research and open science.

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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 $0

Program Service Revenue $8,800

Investment Income $40,456

Other Revenue $2,308

TOTAL REVENUE $51,564

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $8,855

Other Expenses $15,055

TOTAL EXPENSES $15,055

Year-over-Year Comparison

	2023	2022	Change
Revenue	$51,564	$37,561	+0.4%
Expenses	$15,055	$256,537	-0.9%
Net Income	$36,509	$-218,976	-1.2%

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

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
Colin Elman	Executive Director, Presid	10.00	Officer Director	$0	$0	$0
Miriam Elman	Secretary	10.00	Officer 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
2024	$51,564	$15,055	No data	$36,509
2023	$37,561	$256,537	$802,991	$-218,976
2022	$394,188	$259,258	$1,021,967	$134,930
2021	$198,235	$27,426	$887,037	$170,809
2020	$341,073	$256,733	$716,228	$84,340
2019	$326,522	$360,922	$631,888	$-34,400
2018	$456,191	$363,702	$666,288	$92,489

CONSORTIUM FOR QUALITATIVE RESEARCH METHODS INC