Friends of the Quad Cities
Nonprofit profile at a glance
- EIN
- 421406400
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Moline, IL, USA
- Phone
- 3097366820
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $117,672
- Expenses
- $113,707
- Assets
- $412,374
- Liabilities
- $50,996
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- DAVE HERRELL (PRESIDENT &)
People named in this filing
- MARIA ONTIVEROS (CHAIR)
- BEN LEISCHNER (FORMER CHAIR)
- JENNIFER SAUTTER (1ST VICE CHA)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support the quad cities convention and visitor's bureau, a related 501 (c)(6) organization, with educational and hospitality services.
What it reported doing in 2024
Business development: rda grant used to provide bid funds, incentives, and concessions to meetings, conventions, reunions, and sporting events happening in the quad cities.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.6%; rating input score 97
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.4%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 3.63; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 163.2%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: 10.9% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 5.9% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: 7.2% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 96.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $114K in reported program spending
- Leadership: top reported pay $0 · 19 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 44/100.
- High — Sustainability: Officer compensation ratio scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.