Quest Institute For Quality Education
- Assets
- $231.9k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 07/2009
- Data as of
- 06/2021
- EIN
- 20-4451361
Organization Overview
Quest Institute For Quality Education is located in San Jose, CA. The organization was established in 2009. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quest Institute For Quality Education 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 06/2021, Quest Institute For Quality Education generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.0% each year . All expenses for the organization totaled $334.6k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE QUEST INSTITUTE IS TO DEVELOP AND SUPPORT PREMIER COMPREHENSIVE CHRISTIAN, PRIVATE, AND PUBLIC SCHOOLS AND THEIR FEEDER SCHOOLS BY IDENTIFYING AND PROMOTING THE INSTITUTE'S PRINCIPLES, PRACTICES AND CORE EDUCATIONAL VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATION OF EDUCATIONAL MATERIALS: THE INSTITUTE'S EDUCATIONAL MATERIALS WILL CONSIST OF DETAILED OPERATIONAL AND ACADEMIC INFORMATION, LEARNING BASED EXPERIMENTS OPPORTUNITIES, COURSE OUTLINES, LESSON PLANS, SUGGESTED TEXT BOOKS, EVALUATION CRITERIA, FORMS AND PROCEDURES. THE INITIAL CONTENT HAS BEEN DEVELOPED, TESTED AND PROVEN SUCCESSFUL OVER THE YEARS BY VALLEY CHRISTIAN SCHOOLS, A 501(C) (3) PUBLIC CHARITY SCHOOL. THE GOAL OF THE INSTITUTE IS TO IMPROVE AND EXPAND THIS SUCCESSFUL TEACHING METHOD BY MAKING THESE MATERIALS AND EXPERIMENTS WIDELY AVAILABLE TO OTHER SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danny Kim CEO | Officer | 5 | $0 |
Robert Valiton COO | Officer | 5 | $0 |
Karl Stewart Cmo | Officer | 35 | $0 |
Clifford Daugherty President-Chair | Officer | 5 | $0 |
Ken Shilling CFO | Officer | 5 | $0 |
Werner Vaken 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 | $3,005 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,005 |
| Total Program Service Revenue | $202,645 |
| 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 | $1,001,433 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,006 |
| Advertising and promotion | $0 |
| Office expenses | $15,803 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,019 |
| All other expenses | $0 |
| Total functional expenses | $334,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,886 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,442 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $45,877 |
| Prepaid expenses and deferred charges | $20,700 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $231,905 |
| Accounts payable and accrued expenses | $14,587 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,587 |
| Net assets without donor restrictions | $217,318 |
| 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 | $231,905 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Quest Institute For Quality Education has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Corporation For Education Network Initiatives In California La Mirada, CA | $84,912,543 | $65,989,362 |
Greathearts Arizona Phoenix, AZ | $267,805,808 | $30,935,961 |
Gradient Learning Walnut, CA | $26,856,355 | $31,271,500 |
Green Dot Public Schools National Los Angeles, CA | $10,551,526 | $15,630,320 |
Excellent Education Development Los Angeles, CA | $11,092,379 | $14,067,993 |
Digital Green Foundation San Francisco, CA | $24,571,129 | $22,099,634 |
Rio Hondo Education Consortium Whittier, CA | $3,342,079 | $7,995,836 |
Beyond 12 Education Inc Oakland, CA | $8,854,205 | $13,660,419 |
Accrediting Commission For Schools Western Association Of Schools An Burlingame, CA | $8,710,989 | $6,512,676 |
Great Hearts America Phoenix, AZ | $8,205,781 | $5,329,608 |
Propel A Charter Management Group Inc Covina, CA | $5,751,248 | $5,358,058 |
Internet Archive Us San Francisco, CA | $536,242 | $3,003,154 |