Qm Quality Matters
EIN: 465503339 · Annapolis, MD · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $6.0M |
| Total Expenses | $6.9M |
| Net Assets | $4.1M |
Is Qm Quality Matters Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Qm Quality Matters
Qm Quality Matters (EIN: 465503339) is a nonprofit organization based in Annapolis, MD, classified under NTEE code B90. The organization reported total revenue of $6.0M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Qm Quality Matters's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Qm Quality Matters is a mid-size nonprofit that has been operating for 6 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.8M |
| Total Expenses | $6.9M |
| Surplus / Deficit | $-144,936 |
| Total Assets | $7.6M |
| Total Liabilities | $3.5M |
| Net Assets | $4.1M |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 45.9% |
| Months of Reserves | 13.2 months |
Financial Health Grade: B
In 2023, Qm Quality Matters reported a deficit of $145K with expenses exceeding revenue, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 45.9% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), Qm Quality Matters's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.7% | -1.9% | -7.3% |
| 2022 | -4.3% | +12.0% | +0.1% |
| 2021 | +0.2% | +8.8% | +12.3% |
| 2020 | +44.1% | +14.1% | +79.5% |
| 2019 | +1.3% | +5.6% | +9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Qm Quality Matters has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Qm Quality Matters with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $145K, with expenses exceeding revenue.
- Debt-to-asset ratio: 45.9%.
Frequently Asked Questions about Qm Quality Matters
Is Qm Quality Matters a legitimate charity?
Based on AI analysis of IRS 990 filings, Qm Quality Matters (EIN: 465503339) insufficient data. 0 red flags identified, 0 strengths noted.
How does Qm Quality Matters spend its money?
Detailed spending breakdown data is not yet available for Qm Quality Matters. Check back for updated IRS 990 analysis.
Are donations to Qm Quality Matters tax-deductible?
Qm Quality Matters is registered as a tax-exempt nonprofit (EIN: 465503339). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Qm Quality Matters located?
Qm Quality Matters is headquartered in Annapolis, Maryland and files with the IRS under EIN 465503339. It is classified under NTEE code B90.
How many years of IRS 990 filings does Qm Quality Matters have?
Qm Quality Matters has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.0M in total revenue.
Filing History
IRS 990 filing history for Qm Quality Matters showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Qm Quality Matters's revenue has grown by 229.2%, moving from $2.1M to $6.8M. Total assets increased by 315.5% over the same period, from $1.8M to $7.6M. Total functional expenses rose by 257.8%, from $1.9M to $6.9M. In its most recent filing year (2023), Qm Quality Matters reported a deficit of $145K, with expenses exceeding revenue. The organization holds $3.5M in liabilities against $7.6M in assets (debt-to-asset ratio: 45.9%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.8M | $6.9M | $7.6M | $3.5M | — | View 990 |
| 2022 | $7.2M | $7.0M | $8.2M | $3.9M | — | View 990 |
| 2021 | $7.5M | $6.3M | $8.2M | $4.0M | — | View 990 |
| 2020 | $7.5M | $5.8M | $7.3M | $4.4M | — | — |
| 2019 | $5.2M | $5.1M | $4.0M | $2.9M | — | View 990 |
| 2018 | $5.1M | $4.8M | $3.7M | $2.6M | — | View 990 |
| 2017 | $4.6M | $4.4M | $3.2M | $2.5M | — | View 990 |
| 2016 | $4.5M | $4.4M | $2.6M | $2.1M | — | View 990 |
| 2015 | $4.2M | $3.9M | $2.3M | $1.9M | — | View 990 |
| 2014 | $2.1M | $1.9M | $1.8M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.8M, expenses of $6.9M, and assets of $7.6M (revenue -5.7% year-over-year).
- 2022: Revenue of $7.2M, expenses of $7.0M, and assets of $8.2M (revenue -4.3% year-over-year).
- 2021: Revenue of $7.5M, expenses of $6.3M, and assets of $8.2M (revenue +0.2% year-over-year).
- 2020: Revenue of $7.5M, expenses of $5.8M, and assets of $7.3M (revenue +44.1% year-over-year).
- 2019: Revenue of $5.2M, expenses of $5.1M, and assets of $4.0M (revenue +1.3% year-over-year).
- 2018: Revenue of $5.1M, expenses of $4.8M, and assets of $3.7M (revenue +10.1% year-over-year).
- 2017: Revenue of $4.6M, expenses of $4.4M, and assets of $3.2M (revenue +4.0% year-over-year).
- 2016: Revenue of $4.5M, expenses of $4.4M, and assets of $2.6M (revenue +7.6% year-over-year).
- 2015: Revenue of $4.2M, expenses of $3.9M, and assets of $2.3M (revenue +102.4% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.9M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Qm Quality Matters:
Data Sources and Methodology
This transparency report for Qm Quality Matters is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.