Quantum Leap Incorporated
- Assets
- $7.3m
- Revenue
- $12.8m
- Investments
- $0.0
- Employees
- 211
- Location
- Owings Mills, MD
- Founding
- 04/2009
- Data as of
- 06/2022
- EIN
- 20-1924540
Organization Overview
Quantum Leap Incorporated is located in Owings Mills, MD. The organization was established in 2009. According to its NTEE Classification (L24) the organization is classified as: Independent Housing for People with Disabilities, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Quantum Leap Incorporated employed 211 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quantum Leap Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Quantum Leap Incorporated generated $12.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $11.6m during the year ending 06/2022. While expenses have increased by 16.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
QUANTUM LEAP PROVIDES COMMUNITY RESIDENTIAL SERVICES, DAY SERVICES, COMMUNITY LEARNING, AND SUPPORTED EMPLOYMENT TO INDIVIDUALS WITH DISABILITIES AND THOSE NEEDING SUPPORT TO LIVE IN AND FULLY PARTICIPATE IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUANTUM LEAP(QLI)PROVIDED RESIDENTIAL SERVICES TO 70 INDIVIDUALS ENCOMPASSING 23,365 CLIENT DAYS AND DAY CARE SERVICES TO 55 INDIVIDUALS FOR A TOTAL OF 11,256 DAYS DURING FISCAL YEAR 2022.QLI ALSO PROVIDED COMMUNITY LEARNING SERVICES TO 29 INDIVIDUALS FOR A TOTAL OF 5,220 CLIENT DAYS AND SUPPORTED EMPLOYMENT SERVICES TO 6 ADDITIONAL CLIENTS FOR A TOTAL OF 1,164 CLIENT DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Kesseba Afful-Mensah Director | Trustee | 40 | $177,899 |
Diana Pieterson Former Executive Director | Officer | 0 | $169,990 |
Robert Ankrah Director | OfficerTrustee | 40 | $93,883 |
Aaron Moody Board Member | Trustee | 1 | $0 |
Albert Dorsey Board Member | Trustee | 1 | $0 |
William Lundy Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $11,521,688 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,844,330 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $263,823 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,436,127 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $433,284 |
| Payroll taxes | $438,029 |
| Fees for services: Management | $389,390 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $96,264 |
| Information technology | $10,724 |
| Royalties | $0 |
| Occupancy | $1,016,463 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,929 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $127,166 |
| Insurance | $162,607 |
| All other expenses | $538,223 |
| Total functional expenses | $11,550,368 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $823,150 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,577,964 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $893,538 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $51,130 |
| Total assets | $7,345,782 |
| Accounts payable and accrued expenses | $946,054 |
| Grants payable | $0 |
| Deferred revenue | $5,210,291 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $422,140 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,578,485 |
| Net assets without donor restrictions | $767,297 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,345,782 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Quantum Leap Incorporated Owings Mills, MD | $7,345,782 | $12,844,330 |
Pacific Gas & Electric Long-Term Disability Trust For Non-Union Emp Pittsburgh, PA | $26,478,147 | $7,382,874 |
Lynchburg Covenant Fellowship Inc Lynchburg, VA | $5,933,388 | $780,453 |
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East Long Ave Inc Dubois, PA | $0 | $259,239 |
Volunteers Of America Inc Alexandria, VA | $873,062 | $178,501 |
Penn Villa Corp Sellersville, PA | $1,158,586 | $121,060 |
E G P Inc Huntington, WV | $274,006 | $0 |
Vesta Germantown Inc Lanham, MD | $1,362,295 | $63,974 |
Lynchburg Residential Services Inc Lynchburg, VA | $258,974 | $0 |
Hoffmaster Homes Of Martinsburg Inc Martinsburg, WV | $281,048 | $0 |
Autism Housing Development Corporation Of Pittsburgh Wexford, PA | $3,618 | $0 |
Marc Of Virginia Inc Clarksville, VA | $142,375 | $0 |
Appomattox Residential Services Inc Lynchburg, VA | $144,962 | $0 |