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 05/2022, Questech Learning employed 47 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 05/2022, Questech Learning generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $1.2m during the year ending 05/2022. While expenses have increased by 7.5% 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
OPERATE A SCHOOL AND PROVIDE OTHER EDUCATIONAL SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SERVICES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna Underwood Secretary Director | OfficerTrustee | 40 | $74,115 |
Cyndi Foust President | OfficerTrustee | 2 | $0 |
Bud Ray Treasurer Director | OfficerTrustee | 1.5 | $0 |
Ann Hayward Director | Trustee | 1 | $0 |
Valerie Finley Director | Trustee | 1 | $0 |
Tom Kennen Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $110,507 |
Related organizations | $0 |
Government grants | $86,043 |
All other contributions, gifts, grants, and similar amounts not included above | $287,914 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $484,464 |
Total Program Service Revenue | $750,170 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $13,718 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $55,981 |
Net Income from Gaming Activities | $50,082 |
Net Income from Sales of Inventory | $85 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,355,065 |
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. | $150,554 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $632,011 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $19,668 |
Payroll taxes | $69,203 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,100 |
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 | $21,567 |
Information technology | $22,362 |
Royalties | $0 |
Occupancy | $125,577 |
Travel | $13,013 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $9,368 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $44,309 |
Insurance | $57,091 |
All other expenses | $0 |
Total functional expenses | $1,234,600 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $358,892 |
Savings and temporary cash investments | $170,644 |
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 | $1,257,292 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,786,828 |
Accounts payable and accrued expenses | $57,720 |
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 | $1,081,596 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,139,316 |
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 | $647,512 |
Total liabilities and net assets/fund balances | $1,786,828 |
Over the last fiscal year, we have identified 4 grants that Questech Learning has recieved totaling $125,500.
Awarding Organization | Amount |
---|---|
Christian Community Foundation Inc Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $100,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $15,000 |
Tulsa Community Foundation Tulsa, OK PURPOSE: SCHOLARSHIP | $10,000 |
Lauviah Foundation Inc Monroe, LA PURPOSE: COUNSELING | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Jackson Academy Inc Jackson, MS | $38,072,523 | $26,664,882 |
Community Academies Of New Orleans Inc New Orleans, LA | $3,607,282 | $19,811,905 |
Varnett Schools Inc Houston, TX | $25,630,579 | $16,355,176 |
The Emery-Weiner Center For Jewish Education Houston, TX | $36,882,077 | $18,976,630 |
Madison-Ridgeland Academy Madison, MS | $29,135,034 | $17,543,993 |
French & Montessori Education Inc New Orleans, LA | $8,632,060 | $13,354,447 |
Fort Bend Christian Academy Sugar Land, TX | $31,881,778 | $16,006,683 |
The Lamplighter School Dallas, TX | $61,812,607 | $20,667,782 |
Jackson Preparatory School Foundation Flowood, MS | $34,520,823 | $13,506,149 |
Arise Academy New Orleans, LA | $3,784,290 | $13,860,913 |
Ser Ninos Inc Houston, TX | $64,261,169 | $15,924,628 |
San Antonio Academy Of Texas San Antonio, TX | $49,529,781 | $8,875,317 |