Quile Corporation
Quile Corporation consistently expends all revenue with zero assets or liabilities reported in recent years.
EIN: 136065212 · Newark, DE · Updated: 2026-03-28
Is Quile Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Quile Corporation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Quile Corporation
Quile Corporation (EIN: 136065212) is a nonprofit organization based in Newark, DE. The organization reported total revenue of $1.2M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quile Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Quile Corporation is a mid-size nonprofit that has been operating for 64 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$0 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2023, Quile Corporation reported a surplus of $0 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2012–2023), Quile Corporation's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.6% | -11.6% | — |
| 2022 | +123.9% | +123.9% | — |
| 2021 | -33.0% | -33.0% | — |
| 2020 | -4.3% | -8.6% | -100.0% |
| 2018 | -5.2% | -5.0% | -60.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1962 |
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 Quile Corporation with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Quile Corporation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 surplus of $0, with revenue exceeding expenses.
Executive Compensation Analysis
Quile Corporation consistently reports 0% officer compensation across all available filings, indicating either a fully volunteer-led organization or that executive compensation is not reported under this specific category, which is unusual for an organization with over $1 million in annual revenue.
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 Quile Corporation's IRS 990 filings:
- Consistent reporting of zero assets and liabilities, raising questions about financial stability and long-term capacity.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data.
- Unknown NTEE code, hindering understanding of its mission and operational sector.
- No reported officer compensation despite significant revenue, which is unusual for an organization of this size.
Strengths
The following positive indicators were identified for Quile Corporation:
- Apparent high spending efficiency, with all revenue consistently expended.
- No reported liabilities, indicating a debt-free operation.
- Consistent revenue generation over multiple years, demonstrating operational activity.
Frequently Asked Questions about Quile Corporation
Is Quile Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Quile Corporation (EIN: 136065212) some concerns. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
How does Quile Corporation spend its money?
Quile Corporation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Quile Corporation tax-deductible?
Quile Corporation is registered as a tax-exempt nonprofit (EIN: 136065212). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Quile Corporation operate with zero assets and liabilities?
The consistent reporting of zero assets and liabilities suggests a pass-through financial model where all revenue is immediately expended, leaving no accumulated funds or debts. This could be due to the nature of its operations, acting as an intermediary or fiscal sponsor.
What is the detailed breakdown of Quile Corporation's expenses?
The provided data only shows total expenses matching total revenue. Without a detailed 990 form, it's impossible to determine the specific allocation between program services, administrative costs, and fundraising expenses.
Is Quile Corporation's lack of officer compensation sustainable?
While reporting 0% officer compensation can indicate a highly dedicated, volunteer-led structure, for an organization with over $1 million in revenue, it raises questions about the long-term sustainability of leadership and whether compensation is being reported under other categories.
What is the NTEE Code for Quile Corporation?
The NTEE Code for Quile Corporation is listed as 'Unknown' in the provided data, which limits understanding of its specific programmatic focus and sector.
Filing History
IRS 990 filing history for Quile Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Quile Corporation's revenue has declined by 6.4%, moving from $1.4M to $1.3M. Total assets decreased by 100% over the same period, from $453K to $0. Total functional expenses fell by 9.5%, from $1.4M to $1.3M. In its most recent filing year (2023), Quile Corporation reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $0 | $0 | — | — |
| 2022 | $1.4M | $1.4M | $0 | $0 | — | — |
| 2021 | $645K | $645K | $0 | $0 | — | View 990 |
| 2020 | $963K | $963K | $0 | $0 | — | View 990 |
| 2018 | $1.0M | $1.1M | $32K | $0 | — | View 990 |
| 2017 | $1.1M | $1.1M | $79K | $0 | — | View 990 |
| 2016 | $1.5M | $1.5M | $126K | $0 | — | View 990 |
| 2015 | $1.6M | $1.6M | $173K | $0 | — | View 990 |
| 2014 | $772K | $819K | $221K | $0 | — | View 990 |
| 2013 | $330K | $378K | $453K | $0 | — | View 990 |
| 2012 | $1.4M | $1.4M | $453K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $0 (revenue -11.6% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.4M, and assets of $0 (revenue +123.9% year-over-year).
- 2021: Revenue of $645K, expenses of $645K, and assets of $0 (revenue -33.0% year-over-year).
- 2020: Revenue of $963K, expenses of $963K, and assets of $0 (revenue -4.3% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.1M, and assets of $32K (revenue -5.2% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $79K (revenue -27.1% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $126K (revenue -7.6% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $173K (revenue +104.1% year-over-year).
- 2014: Revenue of $772K, expenses of $819K, and assets of $221K (revenue +133.7% year-over-year).
- 2013: Revenue of $330K, expenses of $378K, and assets of $453K (revenue -75.8% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $453K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Quile Corporation:
Data Sources and Methodology
This transparency report for Quile Corporation 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.