Questech Learning
- Assets
- $1.8m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 49
- Location
- Monroe, LA
- Founding
- 08/2007
- Data as of
- 05/2023
- EIN
- 20-5423715
Organization Overview
Questech Learning is located in Monroe, LA. The organization was established in 2007. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 05/2023, Questech Learning employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Questech Learning 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 05/2023, Questech Learning generated $1.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $1.4m during the year ending 05/2023. While expenses have increased by 7.8% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE A SCHOOL AND PROVIDE OTHER EDUCATIONAL SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cyndi Foust President | OfficerTrustee | $0 | |
Donna Underwood Secretary Director | OfficerTrustee | $0 | |
Ann Hayward Director | Trustee | $0 | |
Bud Ray Treasurer Director | OfficerTrustee | $0 | |
Valerie Finley Director | Trustee | $0 | |
Christi Howard Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $89,675 |
| Related organizations | $0 |
| Government grants | $78,040 |
| All other contributions, gifts, grants, and similar amounts not included above | $206,025 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $373,740 |
| Total Program Service Revenue | $908,726 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,235 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $74,404 |
| Net Income from Gaming Activities | $42,622 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,403,796 |
| 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. | $159,885 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $657,646 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $72,616 |
| Payroll taxes | $77,762 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,471 |
| Fees for services: Accounting | $4,663 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $209 |
| Office expenses | $22,621 |
| Information technology | $29,202 |
| Royalties | $0 |
| Occupancy | $127,184 |
| Travel | $15,317 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,500 |
| Interest | $11,702 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,309 |
| Insurance | $61,182 |
| All other expenses | $0 |
| Total functional expenses | $1,383,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $311,356 |
| Savings and temporary cash investments | $229,221 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,212,983 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,753,560 |
| Accounts payable and accrued expenses | $62,453 |
| 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 | $1,023,797 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,086,250 |
| Net assets without donor restrictions | $0 |
| 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 | $667,310 |
| Total liabilities and net assets/fund balances | $1,753,560 |