Quest Foundation

Quest Foundation maintains over $100M in assets despite recent operational deficits and zero officer compensation.

EIN: 201844715 · Danville, CA · NTEE: T22 · Updated: 2026-03-28

$33.7MRevenue
$109.5MAssets
85/100Mission Score (Excellent)
T22
Quest Foundation Financial Summary
MetricValue
Total Revenue$33.7M
Total Expenses$8.9M
Program Spending90%
Net Assets$102.6M
Transparency Score85/100

Search Intent Cockpit

Quest Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Quest Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Quest Foundation in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $6.5M and expenses of $8.9M.

Revenue and Expenses

Quest Foundation reported $6.5M in revenue and $8.9M in expenses, a deficit of $2.4M.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.

Is Quest Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Quest Foundation Expense Deployment
Program services$8.0M (90%)

Across stored filings, Quest Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Quest Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade B10 stored filing years
Peer contextCompare with Butte County Fire Safe CouncilCalifornia and Philanthropy context

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Quest Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Quest Foundation

Quest Foundation (EIN: 201844715) is a nonprofit organization based in Danville, CA, classified under NTEE code T22. The organization reported total revenue of $33.7M and total assets of $109.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quest Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
LargeSize Classification
10Years of Filings
MixedRevenue Trajectory

Quest Foundation is a large nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$6.5M
Total Expenses$8.9M
Surplus / Deficit$-2,397,076
Total Assets$104.4M
Total Liabilities$1.9M
Net Assets$102.6M
Operating Margin-37.1%
Debt-to-Asset Ratio1.8%
Months of Reserves141.6 months

Financial Health Grade: B

In 2023, Quest Foundation reported a deficit of $2.4M with expenses exceeding revenue, holds 141.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Quest Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+9.3%+5.9%+6.7%
2022-54.2%+1.7%-18.5%
2021+145.9%+3.6%+10.3%
2020-37.4%-4.5%+3.0%
2019+19.8%+51.6%+13.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Quest Foundation demonstrates a consistent pattern of operating at a deficit in recent years, with expenses exceeding revenue in the 2023, 2022, and 2020 fiscal periods. For instance, in 2023, expenses were $8,851,339 against revenues of $6,454,263. Despite these operational deficits, the organization maintains substantial assets, exceeding $100 million in recent filings, indicating a strong endowment or investment base that supports its activities. The significant fluctuation in annual revenue, from a low of $2,827,278 in 2011 to a high of $12,892,793 in 2021, suggests reliance on variable funding sources, potentially large grants or investment returns. The foundation's financial health appears stable due to its substantial asset base, which has grown from $85,570,117 in 2011 to $104,441,761 in 2023. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and spending efficiency, indicating that executive leadership is not drawing salaries from the organization's funds. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The NTEE code T22 (Private Grantmaking Foundations) suggests its primary activity is grantmaking, which typically involves lower administrative overhead compared to direct service charities. Overall, Quest Foundation appears to be a well-endowed private foundation with a history of significant grantmaking activity. Its financial stability is underpinned by its substantial assets, despite periodic operational deficits. The lack of officer compensation is a strong positive indicator of its commitment to directing resources towards its mission. To further enhance transparency, a more detailed breakdown of functional expenses would be beneficial for external stakeholders.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Quest Foundation 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: 8%
  • programs: 90%
  • fundraising: 2%

According to IRS 990 filings, Quest Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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:

$6.5MTotal Revenue
$8.9MTotal Expenses
$104.4MTotal Assets
$1.9MTotal Liabilities
$102.6MNet Assets
  • The organization reported a deficit of $2.4M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 1.8%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated directly by the foundation, which is a strong positive for resource allocation and transparency.

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 Quest Foundation's IRS 990 filings:

  • Consistent operational deficits in recent years (e.g., 2023, 2022, 2020) where expenses exceeded revenue.
  • Significant year-over-year revenue fluctuations, indicating potential reliance on variable funding sources.

Strengths

The following positive indicators were identified for Quest Foundation:

  • Substantial and growing asset base, exceeding $100 million, providing strong financial stability.
  • Consistent reporting of 0% officer compensation, indicating efficient use of funds and strong commitment to mission.
  • Low liabilities relative to assets, suggesting good financial management and solvency.
  • Long history of IRS 990 filings, demonstrating transparency and compliance.

Frequently Asked Questions about Quest Foundation

Is Quest Foundation a legitimate charity?

Quest Foundation (EIN: 201844715) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $33.7M. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Quest Foundation spend its money?

Quest Foundation directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.

Are donations to Quest Foundation tax-deductible?

Quest Foundation is registered as a tax-exempt nonprofit (EIN: 201844715). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Quest Foundation's spending goes to programs?

Quest Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Quest Foundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Quest Foundation 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 Quest Foundation located?

Quest Foundation is headquartered in Danville, California and files with the IRS under EIN 201844715. It is classified under NTEE code T22.

How many years of IRS 990 filings does Quest Foundation have?

Quest Foundation has 10 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 $33.7M in total revenue.

Is Quest Foundation financially stable?

Yes, despite recent operational deficits (e.g., $8,851,339 expenses vs. $6,454,263 revenue in 2023), Quest Foundation maintains substantial assets, exceeding $100 million in recent years, indicating strong long-term financial stability.

Does Quest Foundation pay its officers?

No, the IRS 990 filings consistently report 0% officer compensation, suggesting that executive leadership is not drawing salaries from the organization's funds.

How has Quest Foundation's asset base changed over time?

Quest Foundation's assets have shown consistent growth, increasing from $85,570,117 in 2011 to $104,441,761 in 2023, demonstrating long-term financial growth.

What is the primary activity of Quest Foundation?

Based on its NTEE code T22, Quest Foundation is classified as a Private Grantmaking Foundation, indicating its primary activity is making grants to other organizations.

Filing History

IRS 990 filing history for Quest Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Quest Foundation's revenue has grown by 128.3%, moving from $2.8M to $6.5M. Total assets increased by 22.1% over the same period, from $85.6M to $104.4M. Total functional expenses rose by 84.3%, from $4.8M to $8.9M. In its most recent filing year (2023), Quest Foundation reported a deficit of $2.4M, with expenses exceeding revenue. The organization holds $1.9M in liabilities against $104.4M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $102.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $6.5M $8.9M $104.4M $1.9M
2022 $5.9M $8.4M $97.9M $1.1M View 990
2021 $12.9M $8.2M $120.1M $1.8M View 990
2020 $5.2M $7.9M $108.8M $1.6M View 990
2019 $8.4M $8.3M $105.6M $1.9M
2015 $7.0M $5.5M $93.1M $1.4M View 990
2014 $7.2M $4.6M $96.0M $935K View 990
2013 $5.5M $4.6M $93.6M $1.2M View 990
2012 $3.7M $4.7M $87.5M $929K View 990
2011 $2.8M $4.8M $85.6M $1000K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $6.5M, expenses of $8.9M, and assets of $104.4M (revenue +9.3% year-over-year).
  • 2022: Revenue of $5.9M, expenses of $8.4M, and assets of $97.9M (revenue -54.2% year-over-year).
  • 2021: Revenue of $12.9M, expenses of $8.2M, and assets of $120.1M (revenue +145.9% year-over-year).
  • 2020: Revenue of $5.2M, expenses of $7.9M, and assets of $108.8M (revenue -37.4% year-over-year).
  • 2019: Revenue of $8.4M, expenses of $8.3M, and assets of $105.6M (revenue +19.8% year-over-year).
  • 2015: Revenue of $7.0M, expenses of $5.5M, and assets of $93.1M (revenue -2.6% year-over-year).
  • 2014: Revenue of $7.2M, expenses of $4.6M, and assets of $96.0M (revenue +29.8% year-over-year).
  • 2013: Revenue of $5.5M, expenses of $4.6M, and assets of $93.6M (revenue +50.6% year-over-year).
  • 2012: Revenue of $3.7M, expenses of $4.7M, and assets of $87.5M (revenue +29.8% year-over-year).
  • 2011: Revenue of $2.8M, expenses of $4.8M, and assets of $85.6M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Quest Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Quest Foundation 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.

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