Quincys Quest Foundation Inc
EIN: 473494286 · Chattanooga, TN · NTEE: T50
| Metric | Value |
|---|---|
| Total Revenue | $73K |
| Total Expenses | $111K |
| Net Assets | $149K |
Is Quincys Quest Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Quincys Quest Foundation Inc
Quincys Quest Foundation Inc (EIN: 473494286) is a nonprofit organization based in Chattanooga, TN, classified under NTEE code T50. The organization reported total revenue of $73K and total assets of $90K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quincys Quest Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Quincys Quest Foundation Inc is a micro nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $111K |
| Surplus / Deficit | $-21,820 |
| Total Assets | $149K |
| Net Assets | $149K |
| Operating Margin | -24.6% |
| Months of Reserves | 16.2 months |
Financial Health Grade: B
In 2023, Quincys Quest Foundation Inc reported a deficit of $22K with expenses exceeding revenue, holds 16.2 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2016–2023), Quincys Quest Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.9% | -34.3% | -12.8% |
| 2022 | +46.7% | +219.8% | -20.3% |
| 2021 | +19.0% | -15.3% | +17.9% |
| 2020 | -44.5% | +18.3% | +5.5% |
| 2019 | -11.1% | -37.3% | +79.8% |
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 Quincys Quest Foundation 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 Quincys Quest Foundation 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 deficit of $22K, with expenses exceeding revenue.
Frequently Asked Questions about Quincys Quest Foundation Inc
Is Quincys Quest Foundation Inc a legitimate charity?
Quincys Quest Foundation Inc (EIN: 473494286) is a registered tax-exempt nonprofit based in Tennessee. It has 8 years of IRS 990 filings on record. Total revenue: $73K. No red flags identified. Financial health grade: B.
How does Quincys Quest Foundation Inc spend its money?
Quincys Quest Foundation Inc reported $73K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Quincys Quest Foundation Inc tax-deductible?
Quincys Quest Foundation Inc is registered as a tax-exempt nonprofit (EIN: 473494286). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Quincys Quest Foundation Inc located?
Quincys Quest Foundation Inc is headquartered in Chattanooga, Tennessee and files with the IRS under EIN 473494286. It is classified under NTEE code T50.
How many years of IRS 990 filings does Quincys Quest Foundation Inc have?
Quincys Quest Foundation Inc has 8 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 $73K in total revenue.
Filing History
IRS 990 filing history for Quincys Quest Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Quincys Quest Foundation Inc's revenue has grown by 37.8%, moving from $64K to $89K. Total assets increased by 353.4% over the same period, from $33K to $149K. Total functional expenses rose by 86.3%, from $59K to $111K. In its most recent filing year (2023), Quincys Quest Foundation Inc reported a deficit of $22K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $111K | $149K | $0 | — | — |
| 2022 | $125K | $168K | $171K | $0 | — | View 990 |
| 2021 | $85K | $53K | $214K | $0 | — | View 990 |
| 2020 | $71K | $62K | $182K | $0 | — | View 990 |
| 2019 | $129K | $52K | $172K | $0 | — | View 990 |
| 2018 | $145K | $84K | $96K | $0 | — | View 990 |
| 2017 | $72K | $71K | $34K | $0 | — | View 990 |
| 2016 | $64K | $59K | $33K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $111K, and assets of $149K (revenue -28.9% year-over-year).
- 2022: Revenue of $125K, expenses of $168K, and assets of $171K (revenue +46.7% year-over-year).
- 2021: Revenue of $85K, expenses of $53K, and assets of $214K (revenue +19.0% year-over-year).
- 2020: Revenue of $71K, expenses of $62K, and assets of $182K (revenue -44.5% year-over-year).
- 2019: Revenue of $129K, expenses of $52K, and assets of $172K (revenue -11.1% year-over-year).
- 2018: Revenue of $145K, expenses of $84K, and assets of $96K (revenue +100.4% year-over-year).
- 2017: Revenue of $72K, expenses of $71K, and assets of $34K (revenue +12.5% year-over-year).
- 2016: Revenue of $64K, expenses of $59K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Quincys Quest Foundation Inc:
Data Sources and Methodology
This transparency report for Quincys Quest Foundation 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.