Is Quest Foundation Legit?

Quick charity verification for Quest Foundation (EIN: 201844715)

Verdict: Quest Foundation appears trustworthy

85/100Mission Score
$33.7MRevenue
$109.5MAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Quest Foundation allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Quest Foundation

Is Quest Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Quest Foundation (EIN: 201844715) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Quest Foundation a good charity to donate to?

Quest Foundation has a Mission Score of 85/100. Revenue: $33.7M. Assets: $109.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Quest Foundation?

The Employer Identification Number (EIN) for Quest Foundation is 201844715. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Quest Foundation spend its money?

Quest Foundation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Quest Foundation's tax-exempt status?

You can verify Quest Foundation's tax-exempt status using EIN 201844715 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Quest Foundation demonstrates a consistent pattern of operating at a deficit in recent years, with expenses exceeding revenue in the 2023, 2022, and 2020 fiscal periods. For instance, in 2023, expenses were $8,851,339 against revenues of $6,454,263. Despite these operational deficits, the organization maintains substantial assets, exceeding $100 million in recent filings, indicating a strong endowment or investment base that supports its activities. The significant fluctuation in annual revenue, from a low of $2,827,278 in 2011 to a high of $12,892,793 in 2021, suggests reliance on variable funding sources, potentially large grants or investment returns. The foundation's financial health appears stable due to its substantial asset base, which has grown from $85,570,117 in 2011 to $104,441,761 in 2023. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and spending efficiency, indicating that executive leadership is not drawing salaries from the organization's funds. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The NTEE code T22 (Private Grantmaking Foundations) suggests its primary activity is grantmaking, which typically involves lower administrative overhead compared to direct service charities. Overall, Quest Foundation appears to be a well-endowed private foundation with a history of significant grantmaking activity. Its financial stability is underpinned by its substantial assets, despite periodic operational deficits. The lack of officer compensation is a strong positive indicator of its commitment to directing resources towards its mission. To further enhance transparency, a more detailed breakdown of functional expenses would be beneficial for external stakeholders.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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