Quarry Kingdom Development
EIN: 465047758 · Bulverde, TX · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $606K |
| Net Assets | $474K |
Is Quarry Kingdom Development Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Quarry Kingdom Development
Quarry Kingdom Development (EIN: 465047758) is a nonprofit organization based in Bulverde, TX, classified under NTEE code X20. The organization reported total revenue of $1.1M and total assets of $639K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quarry Kingdom Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Quarry Kingdom Development is a mid-size nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 32.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $727K |
| Total Expenses | $606K |
| Surplus / Deficit | +$121K |
| Total Assets | $477K |
| Total Liabilities | $4K |
| Net Assets | $474K |
| Operating Margin | 16.7% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 9.5 months |
Financial Health Grade: A
In 2023, Quarry Kingdom Development reported a surplus of $121K with revenue exceeding expenses, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Quarry Kingdom Development's revenue has grown at a compound annual growth rate (CAGR) of 32.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.9% | +10.7% | +34.0% |
| 2022 | -20.8% | +1.1% | -1.2% |
| 2021 | +37.5% | +13.0% | +43.3% |
| 2020 | -3.5% | -11.7% | +28.4% |
| 2019 | +5.2% | +20.0% | -9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Quarry Kingdom Development 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 Quarry Kingdom Development 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 surplus of $121K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Quarry Kingdom Development
Is Quarry Kingdom Development a legitimate charity?
Quarry Kingdom Development (EIN: 465047758) is a registered tax-exempt nonprofit based in Texas. It has 8 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: A.
How does Quarry Kingdom Development spend its money?
Quarry Kingdom Development reported $1.1M in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Quarry Kingdom Development tax-deductible?
Quarry Kingdom Development is registered as a tax-exempt nonprofit (EIN: 465047758). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Quarry Kingdom Development located?
Quarry Kingdom Development is headquartered in Bulverde, Texas and files with the IRS under EIN 465047758. It is classified under NTEE code X20.
How many years of IRS 990 filings does Quarry Kingdom Development have?
Quarry Kingdom Development has 8 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Quarry Kingdom Development showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Quarry Kingdom Development's revenue has grown by 624.5%, moving from $100K to $727K. Total assets increased by 510.9% over the same period, from $78K to $477K. Total functional expenses rose by 1161.4%, from $48K to $606K. In its most recent filing year (2023), Quarry Kingdom Development reported a surplus of $121K, with revenue exceeding expenses. The organization holds $4K in liabilities against $477K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $474K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $727K | $606K | $477K | $4K | — | — |
| 2022 | $543K | $547K | $356K | $4K | — | — |
| 2021 | $686K | $541K | $361K | $4K | — | View 990 |
| 2020 | $499K | $479K | $252K | $40K | — | View 990 |
| 2019 | $517K | $542K | $196K | $4K | — | View 990 |
| 2018 | $491K | $452K | $216K | $-1,289 | — | View 990 |
| 2017 | $342K | $227K | $181K | $4K | — | View 990 |
| 2016 | $100K | $48K | $78K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $727K, expenses of $606K, and assets of $477K (revenue +33.9% year-over-year).
- 2022: Revenue of $543K, expenses of $547K, and assets of $356K (revenue -20.8% year-over-year).
- 2021: Revenue of $686K, expenses of $541K, and assets of $361K (revenue +37.5% year-over-year).
- 2020: Revenue of $499K, expenses of $479K, and assets of $252K (revenue -3.5% year-over-year).
- 2019: Revenue of $517K, expenses of $542K, and assets of $196K (revenue +5.2% year-over-year).
- 2018: Revenue of $491K, expenses of $452K, and assets of $216K (revenue +43.6% year-over-year).
- 2017: Revenue of $342K, expenses of $227K, and assets of $181K (revenue +240.9% year-over-year).
- 2016: Revenue of $100K, expenses of $48K, and assets of $78K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Quarry Kingdom Development:
Data Sources and Methodology
This transparency report for Quarry Kingdom Development 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.