Is Quality Education Foundation Inc A Mississippi Non Profit Corp Legit?
Quick charity verification for Quality Education Foundation Inc A Mississippi Non Profit Corp (EIN: 205830557)
Verdict: Quality Education Foundation Inc A Mississippi Non Profit Corp appears trustworthy
90/100Mission Score
$58KRevenue
$217KAssets
1Red Flags
4Strengths
Red Flags
Fluctuating revenue, with a significant drop from $70,279 in 2022 to $18,315 in 2023, could indicate potential instability in funding sources.
Strengths
No officer compensation reported (0% in both filings), indicating all funds are directed to the mission.
Zero liabilities reported in both 2022 and 2023, demonstrating strong financial health.
Consistent asset growth, from $174,086 in 2022 to $217,487 currently, suggesting good financial management.
Expenses are consistently lower than revenue in most periods, indicating efficient operations.
AI Transparency Report
Quality Education Foundation Inc A Mississippi Non Profit Corp demonstrates a generally stable financial position with consistent asset growth over the past two years, increasing from $174,086 in 2022 to $217,487 currently. The organization's revenue has fluctuated, with a significant drop from $70,279 in 2022 to $18,315 in 2023, followed by a recovery to $58,163 in the latest period. Despite this, expenses have remained relatively low, suggesting prudent financial management. The organization reports no liabilities and 0% officer compensation in both available filings, indicating strong financial health and a commitment to directing funds towards its mission rather than executive salaries. The absence of officer compensation also points to a high level of transparency regarding executive pay.