Quarter Century Society Inc
Quarter Century Society Inc. maintains strong asset growth despite fluctuating revenues and no executive compensation.
EIN: 136125540 · Memphis, TN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $717K |
| Total Expenses | $289K |
| Program Spending | 80% |
| Net Assets | $5.0M |
| Transparency Score | 85/100 |
Is Quarter Century Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Quarter Century Society Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Quarter Century Society Inc
Quarter Century Society Inc (EIN: 136125540) is a nonprofit organization based in Memphis, TN. The organization reported total revenue of $717K and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quarter Century Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Quarter Century Society Inc is a small nonprofit that has been operating for 89 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $172K |
| Total Expenses | $289K |
| Surplus / Deficit | $-116,460 |
| Total Assets | $5.0M |
| Total Liabilities | $13K |
| Net Assets | $5.0M |
| Operating Margin | -67.5% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 208.7 months |
Financial Health Grade: B
In 2023, Quarter Century Society Inc reported a deficit of $116K with expenses exceeding revenue, holds 208.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Quarter Century Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.8% | +59.8% | -2.3% |
| 2022 | -19.2% | +40.9% | +3.0% |
| 2021 | -10.3% | -4.2% | +6.0% |
| 2020 | +31.5% | -24.7% | +7.3% |
| 2019 | +14.1% | +21.7% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1937 |
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 Quarter Century Society Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Quarter Century Society Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $116K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led leadership structure, which is a significant positive for resource allocation.
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.
Red Flags
The following concerns were identified during AI analysis of Quarter Century Society Inc's IRS 990 filings:
- Significant deficit in 2023 (expenses $288,935 vs. revenue $172,475), breaking a trend of revenue exceeding expenses.
Strengths
The following positive indicators were identified for Quarter Century Society Inc:
- Consistent asset growth over the past decade, reaching $5,026,048 in 2023.
- Extremely low liabilities, consistently under $15,000, indicating minimal debt.
- 0% officer compensation reported across all filings, demonstrating a commitment to mission-focused spending.
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Frequently Asked Questions about Quarter Century Society Inc
Is Quarter Century Society Inc a legitimate charity?
Quarter Century Society Inc (EIN: 136125540) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $717K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Quarter Century Society Inc spend its money?
Quarter Century Society Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Quarter Century Society Inc tax-deductible?
Quarter Century Society Inc is registered as a tax-exempt nonprofit (EIN: 136125540). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Quarter Century Society Inc's spending goes to programs?
Quarter Century Society Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Quarter Century Society Inc located?
Quarter Century Society Inc is headquartered in Memphis, Tennessee and files with the IRS under EIN 136125540.
How many years of IRS 990 filings does Quarter Century Society Inc have?
Quarter Century Society 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 $717K in total revenue.
Is Quarter Century Society Inc. financially stable?
Yes, the organization demonstrates strong financial stability with consistently growing assets, reaching over $5 million in 2023, and very low liabilities (e.g., $13,085 in 2023).
Does Quarter Century Society Inc. pay its executives?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that no salaries are paid to its executives.
What was the organization's financial performance in 2023?
In 2023, the organization experienced a deficit, with expenses of $288,935 exceeding revenues of $172,475. However, assets remained strong at $5,026,048.
Filing History
IRS 990 filing history for Quarter Century Society Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Quarter Century Society Inc's revenue has grown by 52.9%, moving from $113K to $172K. Total assets increased by 54% over the same period, from $3.3M to $5.0M. Total functional expenses rose by 159.4%, from $111K to $289K. In its most recent filing year (2023), Quarter Century Society Inc reported a deficit of $116K, with expenses exceeding revenue. The organization holds $13K in liabilities against $5.0M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $172K | $289K | $5.0M | $13K | — | View 990 |
| 2022 | $330K | $181K | $5.1M | $14K | — | View 990 |
| 2021 | $409K | $128K | $5.0M | $14K | — | View 990 |
| 2020 | $455K | $134K | $4.7M | $13K | — | — |
| 2019 | $346K | $178K | $4.4M | $15K | — | View 990 |
| 2018 | $304K | $146K | $4.2M | $15K | — | View 990 |
| 2017 | $322K | $204K | $4.1M | $13K | — | View 990 |
| 2016 | $257K | $163K | $3.9M | $14K | — | View 990 |
| 2015 | $314K | $136K | $3.9M | $13K | — | View 990 |
| 2014 | $354K | $140K | $3.7M | $13K | — | View 990 |
| 2013 | $227K | $100K | $3.5M | $13K | — | View 990 |
| 2012 | $172K | $100K | $3.3M | $13K | — | View 990 |
| 2011 | $113K | $111K | $3.3M | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $172K, expenses of $289K, and assets of $5.0M (revenue -47.8% year-over-year).
- 2022: Revenue of $330K, expenses of $181K, and assets of $5.1M (revenue -19.2% year-over-year).
- 2021: Revenue of $409K, expenses of $128K, and assets of $5.0M (revenue -10.3% year-over-year).
- 2020: Revenue of $455K, expenses of $134K, and assets of $4.7M (revenue +31.5% year-over-year).
- 2019: Revenue of $346K, expenses of $178K, and assets of $4.4M (revenue +14.1% year-over-year).
- 2018: Revenue of $304K, expenses of $146K, and assets of $4.2M (revenue -5.8% year-over-year).
- 2017: Revenue of $322K, expenses of $204K, and assets of $4.1M (revenue +25.2% year-over-year).
- 2016: Revenue of $257K, expenses of $163K, and assets of $3.9M (revenue -18.1% year-over-year).
- 2015: Revenue of $314K, expenses of $136K, and assets of $3.9M (revenue -11.4% year-over-year).
- 2014: Revenue of $354K, expenses of $140K, and assets of $3.7M (revenue +55.9% year-over-year).
- 2013: Revenue of $227K, expenses of $100K, and assets of $3.5M (revenue +32.2% year-over-year).
- 2012: Revenue of $172K, expenses of $100K, and assets of $3.3M (revenue +52.4% year-over-year).
- 2011: Revenue of $113K, expenses of $111K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Quarter Century Society Inc:
Data Sources and Methodology
This transparency report for Quarter Century Society 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.