Quest 4 Success

Nonprofit profile at a glance

EIN
883538500
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-N 2022
Location
Monroe, LA, USA
Phone
3186148509
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$856,146
Expenses
$879,863
Assets
$804,346
Liabilities
$107,884

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Zuleika Moore (Executive Director)
  • Anthony Moore Jr (Vice President)

Highest reported compensation

  • Zuleika Moore (Executive Director): $21,644 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Community Housing Development Organization (CHDO) with a mission to improve the economic, mental, and physical health well-being of low- to moderate-income families by providing safe, stable, quality, and affordable housing. Our efforts are centered on the development of affordable housing and providing residents with the tools and information they need to break cycles of poverty and financial instability.

What it reported doing in 2024

During the year Quest 4 Success completed the Powell/Outlet Program that improved the lives of 12 low income tenants by providing $800,000 worth of safe, energy-efficient, affordable housing. These 4 new construction single family, modern homes feature 3 bedrooms, 2 full bathrooms, washer and dryer, dishwasher, refrigerator, stove, granite countertops, luxury vinyl plank flooring, privacy-fenced backyard, and a 2-car carport parking space. The homes are located in a safe neighborhood, reducing the families exposure to crime and health hazards, while enhancing their physical and mental health, and also walking distance to grocery stores, retail stores, churches, and public transportation, offering these families stability and convenience. Paying rent under 30% of their monthly income enables these under 80%AMI families to move beyond living paycheck to paycheck, allowing them to save, budget effectively, and achieve greater financial stability opening doors to broader opportunities for employment, education, resources, networking, and community involvement. The units are 100% tenant occupied with 20 qualified families on our waitlist, eagerly awaiting the opportunity to secure similar safe and affordable homes. The construction and development of this project generated employment opportunities and invigorated the local economy. By employing 55% HUD Section 3 subcontractors, it provided these low income individuals with access to jobs created through a HUD funded project strengthening our corporations community ties and cohesion. This project represents a significant investment in housing stability in the community.

Operating model

Revenue model
Donor-supported. 99% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 93
  • Accountability: 66
  • Sustainability: 36
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.6%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 16th 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: 60%; rating input score 60; 12th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: Fail

Sustainability

  • Operating margin: -2.8%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0.91; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 2.5%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 158.8% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: 144.9% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.6% of spending went to programs
  • Governance: 3 of 5 board members independent · 6 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $859K in reported program spending
  • Leadership: top reported pay $22K · 6 people listed
  • Highest-paid contractors: 1 contractor listed · $752K reported
  • Consistency: 23 of 24 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 8 not reported.
  • High — Sustainability: Operating margin scored 28/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.