Quality Connection Of The Greater Wabash Valley Inc
Quality Connection Of The Greater Wabash Valley Inc consistently operates with surpluses and no executive compensation.
EIN: 113784719 · Terre Haute, IN · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $137K |
| Total Expenses | $126K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $385K |
| Transparency Score | 92/100 |
Is Quality Connection Of The Greater Wabash Valley Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Quality Connection Of The Greater Wabash Valley Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Quality Connection Of The Greater Wabash Valley Inc
Quality Connection Of The Greater Wabash Valley Inc (EIN: 113784719) is a nonprofit organization based in Terre Haute, IN, classified under NTEE code S41. The organization reported total revenue of $137K and total assets of $414K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quality Connection Of The Greater Wabash Valley Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Quality Connection Of The Greater Wabash Valley Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $195K |
| Total Expenses | $126K |
| Surplus / Deficit | +$69K |
| Total Assets | $385K |
| Net Assets | $385K |
| Operating Margin | 35.4% |
| Months of Reserves | 36.8 months |
Financial Health Grade: A
In 2024, Quality Connection Of The Greater Wabash Valley Inc reported a surplus of $69K with revenue exceeding expenses, holds 36.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Quality Connection Of The Greater Wabash Valley Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +66.9% | +24.2% | +21.8% |
| 2023 | +5.3% | -5.9% | +5.1% |
| 2022 | -26.4% | -2.4% | +1.1% |
| 2021 | +47.0% | -0.1% | +15.8% |
| 2020 | -0.7% | +8.9% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Quality Connection Of The Greater Wabash Valley Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Quality Connection Of The Greater Wabash Valley Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $69K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all filings, indicating that leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its size with revenues typically around $100,000-$190,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Quality Connection Of The Greater Wabash Valley Inc:
- Consistent financial surpluses, such as $68,958 in 202406 (Revenue $194,620 - Expenses $125,662).
- Steady growth in assets from $232,906 in 201506 to $385,312 in 202406.
- Zero reported liabilities across all filing periods, indicating a debt-free operation.
- 0% officer compensation reported in all filings, suggesting highly efficient use of funds for mission-related activities.
- Consistent filing of IRS 990 forms over 13 periods, demonstrating transparency.
Frequently Asked Questions about Quality Connection Of The Greater Wabash Valley Inc
Is Quality Connection Of The Greater Wabash Valley Inc a legitimate charity?
Quality Connection Of The Greater Wabash Valley Inc (EIN: 113784719) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $137K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Quality Connection Of The Greater Wabash Valley Inc spend its money?
Quality Connection Of The Greater Wabash Valley Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Quality Connection Of The Greater Wabash Valley Inc tax-deductible?
Quality Connection Of The Greater Wabash Valley Inc is registered as a tax-exempt nonprofit (EIN: 113784719). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Quality Connection Of The Greater Wabash Valley Inc CEO make?
Quality Connection Of The Greater Wabash Valley Inc's highest-compensated officer earns $100,000 annually. The organization reported $137K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Quality Connection Of The Greater Wabash Valley Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Quality Connection Of The Greater Wabash Valley Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Quality Connection Of The Greater Wabash Valley Inc located?
Quality Connection Of The Greater Wabash Valley Inc is headquartered in Terre Haute, Indiana and files with the IRS under EIN 113784719. It is classified under NTEE code S41.
How many years of IRS 990 filings does Quality Connection Of The Greater Wabash Valley Inc have?
Quality Connection Of The Greater Wabash Valley Inc has 13 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 $137K in total revenue.
Is Quality Connection Of The Greater Wabash Valley Inc a good charity?
Based on the provided financial data, Quality Connection Of The Greater Wabash Valley Inc appears to be a very good charity. They consistently operate with surpluses, have growing assets, no liabilities, and report 0% officer compensation, indicating efficient use of donor funds.
How has the organization's financial health changed over the last decade?
The organization's financial health has steadily improved over the last decade. Assets have grown from $232,906 in 201506 to $385,312 in 202406, and they have consistently maintained a positive net income in most years, with no reported liabilities.
What is the trend in their revenue and expenses?
Revenue has generally fluctuated but shown an upward trend, reaching $194,620 in 202406, while expenses have remained relatively stable, typically around $100,000-$125,000, leading to consistent surpluses in recent years.
Does the organization have any debt?
No, the organization has consistently reported $0 in liabilities across all available filing periods, indicating they operate debt-free.
How transparent is Quality Connection Of The Greater Wabash Valley Inc?
The organization demonstrates good transparency by consistently filing its IRS 990 forms for 13 periods, making its financial data publicly accessible.
Filing History
IRS 990 filing history for Quality Connection Of The Greater Wabash Valley Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Quality Connection Of The Greater Wabash Valley Inc's revenue has declined by 29.2%, moving from $275K to $195K. Total assets increased by 5.5% over the same period, from $365K to $385K. Total functional expenses fell by 12.9%, from $144K to $126K. In its most recent filing year (2024), Quality Connection Of The Greater Wabash Valley Inc reported a surplus of $69K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $195K | $126K | $385K | $0 | — | — |
| 2023 | $117K | $101K | $316K | $0 | — | View 990 |
| 2022 | $111K | $107K | $301K | $0 | — | View 990 |
| 2021 | $151K | $110K | $298K | $0 | — | View 990 |
| 2020 | $102K | $110K | $257K | $0 | — | View 990 |
| 2019 | $103K | $101K | $265K | $0 | — | View 990 |
| 2018 | $115K | $105K | $263K | $0 | — | — |
| 2017 | $103K | $83K | $253K | $0 | — | View 990 |
| 2016 | $103K | $103K | $233K | $0 | — | View 990 |
| 2015 | $113K | $138K | $233K | $0 | — | View 990 |
| 2014 | $113K | $161K | $258K | $0 | — | View 990 |
| 2013 | $137K | $196K | $306K | $0 | — | View 990 |
| 2012 | $275K | $144K | $365K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $195K, expenses of $126K, and assets of $385K (revenue +66.9% year-over-year).
- 2023: Revenue of $117K, expenses of $101K, and assets of $316K (revenue +5.3% year-over-year).
- 2022: Revenue of $111K, expenses of $107K, and assets of $301K (revenue -26.4% year-over-year).
- 2021: Revenue of $151K, expenses of $110K, and assets of $298K (revenue +47.0% year-over-year).
- 2020: Revenue of $102K, expenses of $110K, and assets of $257K (revenue -0.7% year-over-year).
- 2019: Revenue of $103K, expenses of $101K, and assets of $265K (revenue -10.4% year-over-year).
- 2018: Revenue of $115K, expenses of $105K, and assets of $263K (revenue +11.6% year-over-year).
- 2017: Revenue of $103K, expenses of $83K, and assets of $253K (revenue -0.2% year-over-year).
- 2016: Revenue of $103K, expenses of $103K, and assets of $233K (revenue -8.5% year-over-year).
- 2015: Revenue of $113K, expenses of $138K, and assets of $233K (revenue +0.1% year-over-year).
- 2014: Revenue of $113K, expenses of $161K, and assets of $258K (revenue -17.6% year-over-year).
- 2013: Revenue of $137K, expenses of $196K, and assets of $306K (revenue -50.1% year-over-year).
- 2012: Revenue of $275K, expenses of $144K, and assets of $365K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Quality Connection Of The Greater Wabash Valley Inc:
Data Sources and Methodology
This transparency report for Quality Connection Of The Greater Wabash Valley Inc 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.