Quercus Fund Inc
Quercus Fund Inc. maintains substantial assets with zero reported officer compensation amidst fluctuating revenues.
EIN: 134156738 · Palm Beach, FL · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.1M |
| Total Expenses | $946K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $18 |
| Net Assets | $17.5M |
| Transparency Score | 85/100 |
Is Quercus Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Quercus Fund Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Quercus Fund Inc
Quercus Fund Inc (EIN: 134156738) is a nonprofit organization based in Palm Beach, FL, classified under NTEE code T22. The organization reported total revenue of $6.1M and total assets of $18.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quercus Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Quercus Fund Inc is a mid-size nonprofit that has been operating for 25 years, with 9 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -4.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $760K |
| Total Expenses | $946K |
| Surplus / Deficit | $-186,010 |
| Total Assets | $17.5M |
| Total Liabilities | $1 |
| Net Assets | $17.5M |
| Operating Margin | -24.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 222.3 months |
Financial Health Grade: B
In 2024, Quercus Fund Inc reported a deficit of $186K with expenses exceeding revenue, holds 222.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2024), Quercus Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -32.0% | +13.4% | +8.9% |
| 2022 | -114.3% | +25.4% | -11.1% |
| 2020 | -104.9% | +6.1% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Quercus Fund 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: 75%
- fundraising: 10%
According to IRS 990 filings, Quercus Fund Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $186K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is a strong positive for a nonprofit of its size with assets over $18 million.
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 Quercus Fund Inc's IRS 990 filings:
- Significant negative revenue reported in multiple periods (e.g., $-212,265 in 2022, $-103,287 in 2020) without clear explanation in summary data.
Strengths
The following positive indicators were identified for Quercus Fund Inc:
- Consistent 0% officer compensation reported across all filings, indicating strong financial stewardship regarding executive pay.
- Substantial and growing asset base, reaching $18,117,143 in the latest period, providing financial stability.
- Low liabilities reported in most periods, suggesting good financial management and minimal debt.
Frequently Asked Questions about Quercus Fund Inc
Is Quercus Fund Inc a legitimate charity?
Quercus Fund Inc (EIN: 134156738) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $6.1M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Quercus Fund Inc spend its money?
Quercus Fund Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Quercus Fund Inc tax-deductible?
Quercus Fund Inc is registered as a tax-exempt nonprofit (EIN: 134156738). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Quercus Fund Inc CEO make?
Quercus Fund Inc's highest-compensated officer earns $18 annually. The organization reported $6.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Quercus Fund Inc's spending goes to programs?
Quercus Fund Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Quercus Fund Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Quercus Fund Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Quercus Fund Inc located?
Quercus Fund Inc is headquartered in Palm Beach, Florida and files with the IRS under EIN 134156738. It is classified under NTEE code T22.
How many years of IRS 990 filings does Quercus Fund Inc have?
Quercus Fund Inc has 9 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 $6.1M in total revenue.
What caused the negative revenue reported in 2022 and 2020?
The filings show revenue of $-212,265 in 2022 and $-103,287 in 2020. This could be due to investment losses, significant returns of contributions, or accounting adjustments that reduced net assets from revenue sources.
How does Quercus Fund Inc. manage its investment portfolio given the revenue volatility?
The significant fluctuations in revenue, including negative figures, suggest that a portion of its revenue may be tied to investment performance. Understanding their investment strategy and risk management would be crucial.
What are the specific program activities funded by Quercus Fund Inc.?
The NTEE code T22 indicates 'Philanthropy, Voluntarism, and Grantmaking Foundations'. A detailed look into their grants and program service accomplishments would clarify their direct impact.
Filing History
IRS 990 filing history for Quercus Fund Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2024), Quercus Fund Inc's revenue has declined by 48.2%, moving from $1.5M to $760K. Total assets increased by 46.2% over the same period, from $12.0M to $17.5M. Total functional expenses rose by 54.3%, from $613K to $946K. In its most recent filing year (2024), Quercus Fund Inc reported a deficit of $186K, with expenses exceeding revenue. The organization holds $1 in liabilities against $17.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $760K | $946K | $17.5M | $1 | — | View 990 |
| 2023 | $1.1M | $834K | $16.1M | $1 | — | View 990 |
| 2022 | $-212,265 | $914K | $14.9M | $144K | — | View 990 |
| 2021 | $1.5M | $729K | $16.8M | $1 | — | View 990 |
| 2020 | $-103,287 | $1.0M | $14.9M | $1 | — | — |
| 2015 | $2.1M | $957K | $15.6M | $0 | — | View 990 |
| 2013 | $1.9M | $729K | $14.3M | $0 | — | — |
| 2012 | $655K | $680K | $11.8M | $0 | — | View 990 |
| 2011 | $1.5M | $613K | $12.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $760K, expenses of $946K, and assets of $17.5M (revenue -32.0% year-over-year).
- 2023: Revenue of $1.1M, expenses of $834K, and assets of $16.1M.
- 2022: Revenue of $-212,265, expenses of $914K, and assets of $14.9M (revenue -114.3% year-over-year).
- 2021: Revenue of $1.5M, expenses of $729K, and assets of $16.8M.
- 2020: Revenue of $-103,287, expenses of $1.0M, and assets of $14.9M (revenue -104.9% year-over-year).
- 2015: Revenue of $2.1M, expenses of $957K, and assets of $15.6M (revenue +13.0% year-over-year).
- 2013: Revenue of $1.9M, expenses of $729K, and assets of $14.3M (revenue +184.6% year-over-year).
- 2012: Revenue of $655K, expenses of $680K, and assets of $11.8M (revenue -55.3% year-over-year).
- 2011: Revenue of $1.5M, expenses of $613K, and assets of $12.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Quercus Fund Inc:
Data Sources and Methodology
This transparency report for Quercus Fund 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.