The Council For Quality Education
The Council For Quality Education consistently reports zero officer compensation and maintains a stable financial position despite occasional operating deficits.
EIN: 204731962 · New Orleans, LA · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.8M |
| Total Expenses | $8.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $5.6M |
| Transparency Score | 92/100 |
Is The Council For Quality Education Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Council For Quality Education directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Council For Quality Education
The Council For Quality Education (EIN: 204731962) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B29. The organization reported total revenue of $10.8M and total assets of $7.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Council For Quality Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Council For Quality Education is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.4M |
| Total Expenses | $8.7M |
| Surplus / Deficit | $-357,794 |
| Total Assets | $5.8M |
| Total Liabilities | $143K |
| Net Assets | $5.6M |
| Operating Margin | -4.3% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 7.9 months |
Financial Health Grade: B
In 2023, The Council For Quality Education reported a deficit of $358K with expenses exceeding revenue, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Council For Quality Education's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.8% | -2.3% | -4.5% |
| 2022 | -4.2% | +14.8% | -11.1% |
| 2021 | +10.5% | +0.4% | -6.7% |
| 2020 | +4.0% | +7.3% | +14.6% |
| 2019 | +3.8% | -2.9% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 The Council For Quality Education with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, The Council For Quality Education allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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:
- The organization reported a deficit of $358K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with over $8 million in annual expenses and suggests a strong commitment to directing all funds to programmatic activities or that executive functions are covered by other means.
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 The Council For Quality Education's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $8,374,226 revenue vs. $8,732,020 expenses in 202306) could indicate reliance on prior reserves or other funding sources to cover operations.
Strengths
The following positive indicators were identified for The Council For Quality Education:
- Consistently reports 0% officer compensation across all filings, demonstrating exceptional financial transparency and dedication to mission.
- Maintains a strong asset base relative to liabilities, indicating financial stability (e.g., $5,782,511 assets vs. $143,331 liabilities in 2023).
- Long history of IRS 990 filings (13 filings), suggesting consistent operation and compliance.
- Stable revenue generation over the past decade, generally in the $6-8 million range.
Frequently Asked Questions about The Council For Quality Education
Is The Council For Quality Education a legitimate charity?
The Council For Quality Education (EIN: 204731962) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $10.8M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does The Council For Quality Education spend its money?
The Council For Quality Education directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to The Council For Quality Education tax-deductible?
The Council For Quality Education is registered as a tax-exempt nonprofit (EIN: 204731962). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Council For Quality Education CEO make?
The Council For Quality Education's highest-compensated officer earns $8 annually. The organization reported $10.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Council For Quality Education's spending goes to programs?
The Council For Quality Education directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Council For Quality Education compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Council For Quality Education is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Council For Quality Education located?
The Council For Quality Education is headquartered in New Orleans, Louisiana and files with the IRS under EIN 204731962. It is classified under NTEE code B29.
How many years of IRS 990 filings does The Council For Quality Education have?
The Council For Quality Education has 13 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 $10.8M in total revenue.
Is The Council For Quality Education a good charity?
Based on the available data, The Council For Quality Education appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to its mission, and maintains a stable financial position with healthy assets relative to liabilities.
How does The Council For Quality Education manage its executive leadership without compensation?
The filings consistently show 0% officer compensation. This could mean that executive leadership is entirely volunteer-based, compensated by a related entity, or that the roles are structured in a way that doesn't involve direct salary payments from the organization itself. Further investigation into their operational model would be needed to fully understand this.
What is the trend in The Council For Quality Education's net assets?
The organization's assets have generally grown over the past decade, from $4,961,045 in 2014 to $5,782,511 in 2023, with a peak of $7,303,388 in 2020. This indicates a healthy accumulation of resources over time, despite some year-to-year fluctuations.
Filing History
IRS 990 filing history for The Council For Quality Education showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Council For Quality Education's revenue has grown by 86.6%, moving from $4.5M to $8.4M. Total assets increased by 47.2% over the same period, from $3.9M to $5.8M. Total functional expenses rose by 98.9%, from $4.4M to $8.7M. In its most recent filing year (2023), The Council For Quality Education reported a deficit of $358K, with expenses exceeding revenue. The organization holds $143K in liabilities against $5.8M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.4M | $8.7M | $5.8M | $143K | — | — |
| 2022 | $8.1M | $8.9M | $6.1M | $223K | — | View 990 |
| 2021 | $8.4M | $7.8M | $6.8M | $73K | — | View 990 |
| 2020 | $7.6M | $7.7M | $7.3M | $1.2M | — | View 990 |
| 2019 | $7.3M | $7.2M | $6.4M | $148K | — | View 990 |
| 2018 | $7.1M | $7.4M | $6.4M | $315K | — | View 990 |
| 2017 | $7.1M | $7.4M | $6.6M | $149K | — | View 990 |
| 2016 | $7.1M | $6.0M | $6.9M | $127K | — | View 990 |
| 2015 | $6.2M | $5.5M | $5.7M | $66K | — | View 990 |
| 2014 | $6.0M | $5.3M | $5.0M | $56K | — | View 990 |
| 2013 | $5.1M | $5.0M | $4.2M | $54K | — | View 990 |
| 2012 | $5.0M | $4.8M | $4.2M | $109K | — | View 990 |
| 2011 | $4.5M | $4.4M | $3.9M | $67K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.4M, expenses of $8.7M, and assets of $5.8M (revenue +3.8% year-over-year).
- 2022: Revenue of $8.1M, expenses of $8.9M, and assets of $6.1M (revenue -4.2% year-over-year).
- 2021: Revenue of $8.4M, expenses of $7.8M, and assets of $6.8M (revenue +10.5% year-over-year).
- 2020: Revenue of $7.6M, expenses of $7.7M, and assets of $7.3M (revenue +4.0% year-over-year).
- 2019: Revenue of $7.3M, expenses of $7.2M, and assets of $6.4M (revenue +3.8% year-over-year).
- 2018: Revenue of $7.1M, expenses of $7.4M, and assets of $6.4M (revenue -0.8% year-over-year).
- 2017: Revenue of $7.1M, expenses of $7.4M, and assets of $6.6M (revenue -0.1% year-over-year).
- 2016: Revenue of $7.1M, expenses of $6.0M, and assets of $6.9M (revenue +14.4% year-over-year).
- 2015: Revenue of $6.2M, expenses of $5.5M, and assets of $5.7M (revenue +3.7% year-over-year).
- 2014: Revenue of $6.0M, expenses of $5.3M, and assets of $5.0M (revenue +18.5% year-over-year).
- 2013: Revenue of $5.1M, expenses of $5.0M, and assets of $4.2M (revenue +0.3% year-over-year).
- 2012: Revenue of $5.0M, expenses of $4.8M, and assets of $4.2M (revenue +12.5% year-over-year).
- 2011: Revenue of $4.5M, expenses of $4.4M, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Council For Quality Education:
Data Sources and Methodology
This transparency report for The Council For Quality Education 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.