The Q Fund Inc
Nonprofit profile at a glance
- EIN
- 931323840
- IRS 990-EZ coverage
- 2015–2015
- Forms available
- Form 990 2012, Form 990-EZ 2015
- Location
- Daniel Island, SC, USA
- Phone
- 5037068300
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $19,750
- Expenses
- $134,033
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Michelle Blake-Kew (Founder/CEO)
People named in this filing
- Michelle Blake-Kew (Founder/CEO)
- Kevin Kew (Executive Dir.)
- Eric Meier (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-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To partner with communities in turmoil and build school-centered, self-sustaining environments that nurture, educate, and empower vulnerable children.
What it reported doing in 2015
By providing access to free education, The Q Fund assists approximately 450 orphaned and vulnerable children in one of the most impoverished areas of Ndola, Zambia, Africa where families and communities have been ravaged by the HIV virus. The Q Fund provided funds to operate Chimoza Community School, founded by The Q Fund in 2003.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 82
- Sustainability: 2
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 44%; rating input score 44
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -578.6%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 39.6%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -37.7% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: -41.6% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 44% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $59K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Financial Efficiency: Program expense ratio scored 44/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 4/100.