Quality of Life Foundation Inc
Nonprofit profile at a glance
- EIN
- 261820245
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Woodbridge, VA, USA
- Phone
- 8557657650
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Personal Social Services
Reported finances
- Revenue
- $390,218
- Expenses
- $319,240
- Assets
- $192,672
- Liabilities
- $12,605
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Michael Zeiders (Chair/President/Director)
People named in this filing
- Michael Zeiders (Chair/President/Director)
- Chris Cikanovich (Director)
- Jean Hand (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Wounded Veteran Family Care Program addresses the unmet needs of military veteran caregivers, children, and family members who provide daily substantial care for a severely wounded, ill, or injured veteran by focusing on initiatives that improve the quality of life of those who have been struck by misfortune and positioning them for long-term success.
What it reported doing in 2024
The Quality of Life Foundation (QoLF) conducts its Wounded Veteran Family Care Program (WVFCP) that assesses and supports the needs of wounded, ill, and injured veteran families. The WVFCP primarily focuses on assisting caregivers of severely wounded, ill, and injured veterans with the VA's Program of Comprehensive Assistance for Family Caregivers (PCAFC) which provides caregiver stipends among other support benefits. Our support includes: (1) helping caregivers understand the PCAFC application and review process, (2) assisting caregivers with VHA Clinical PCAFC appeals, and (3) working in cooperation with the VA and other support organizations to identify and resolve systemic PCAFC challenges faced by caregivers and veterans. The WVFCP provides referrals for other family support needs.
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. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 92
- Accountability: 88
- Sustainability: 54
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.9%; rating input score 72
- Program expense ratio: 87.8%; rating input score 88
- Fundraising efficiency: $80.54 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 18.2%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -5.3% per year; rating input score 0; 16th percentile among comparable filings
- Revenue growth: -5.5% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: -2.3% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: 71.9% of revenue deployed · 87.8% of spending went to programs
- Governance: 5 of 5 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $280K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 42 of 42 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.