Quest Forward Academy Inc
EIN: 813810037 · Littleton, CO · NTEE: B25
| Metric | Value |
|---|---|
| Total Revenue | $5.2M |
| Total Expenses | $5.7M |
| Net Assets | $4.2M |
Is Quest Forward Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Quest Forward Academy Inc
Quest Forward Academy Inc (EIN: 813810037) is a nonprofit organization based in Littleton, CO, classified under NTEE code B25. The organization reported total revenue of $5.2M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quest Forward Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Quest Forward Academy Inc is a mid-size nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2017–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.5M |
| Total Expenses | $5.7M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $4.2M |
| Total Liabilities | $79K |
| Net Assets | $4.2M |
| Operating Margin | 24.3% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 8.9 months |
Financial Health Grade: A
In 2023, Quest Forward Academy Inc reported a surplus of $1.8M with revenue exceeding expenses, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.7% | +2.2% | +69.2% |
| 2022 | -24.5% | +14.7% | +2.9% |
| 2021 | +1976.1% | +34.3% | +44.0% |
| 2020 | -83.2% | +19.2% | +28.2% |
| 2019 | +1299.0% | +36.0% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Quest Forward Academy Inc 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 Quest Forward Academy Inc 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 $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Frequently Asked Questions about Quest Forward Academy Inc
Is Quest Forward Academy Inc a legitimate charity?
Quest Forward Academy Inc (EIN: 813810037) is a registered tax-exempt nonprofit based in Colorado. It has 7 years of IRS 990 filings on record. Total revenue: $5.2M. No red flags identified. Financial health grade: A.
How does Quest Forward Academy Inc spend its money?
Quest Forward Academy Inc reported $5.2M in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Quest Forward Academy Inc tax-deductible?
Quest Forward Academy Inc is registered as a tax-exempt nonprofit (EIN: 813810037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Quest Forward Academy Inc located?
Quest Forward Academy Inc is headquartered in Littleton, Colorado and files with the IRS under EIN 813810037. It is classified under NTEE code B25.
How many years of IRS 990 filings does Quest Forward Academy Inc have?
Quest Forward Academy Inc has 7 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 $5.2M in total revenue.
Filing History
IRS 990 filing history for Quest Forward Academy Inc showing financial trends over 7 years of public records:
Total assets increased by 817.9% over the same period, from $461K to $4.2M. Total functional expenses rose by 1260%, from $417K to $5.7M. In its most recent filing year (2023), Quest Forward Academy Inc reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $79K in liabilities against $4.2M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.5M | $5.7M | $4.2M | $79K | — | — |
| 2022 | $7.6M | $5.6M | $2.5M | $99K | — | View 990 |
| 2021 | $10.1M | $4.8M | $2.4M | $2.1M | — | View 990 |
| 2020 | $487K | $3.6M | $1.7M | $7.0M | — | View 990 |
| 2019 | $2.9M | $3.0M | $1.3M | $3.5M | — | View 990 |
| 2018 | $207K | $2.2M | $1.2M | $3.4M | — | View 990 |
| 2017 | $0 | $417K | $461K | $878K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.5M, expenses of $5.7M, and assets of $4.2M (revenue -1.7% year-over-year).
- 2022: Revenue of $7.6M, expenses of $5.6M, and assets of $2.5M (revenue -24.5% year-over-year).
- 2021: Revenue of $10.1M, expenses of $4.8M, and assets of $2.4M (revenue +1976.1% year-over-year).
- 2020: Revenue of $487K, expenses of $3.6M, and assets of $1.7M (revenue -83.2% year-over-year).
- 2019: Revenue of $2.9M, expenses of $3.0M, and assets of $1.3M (revenue +1299.0% year-over-year).
- 2018: Revenue of $207K, expenses of $2.2M, and assets of $1.2M.
- 2017: Revenue of $0, expenses of $417K, and assets of $461K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Quest Forward Academy Inc:
Data Sources and Methodology
This transparency report for Quest Forward Academy 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.