Qed Foundation Inc
- Assets
- $108.3k
- Revenue
- $164.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Amherst, NH
- Founding
- 07/2008
- Data as of
- 12/2021
- EIN
- 26-1516897
Organization Overview
Qed Foundation Inc is located in Amherst, NH. The organization was established in 2008. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 12/2021, Qed Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Qed Foundation Inc 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 12/2021, Qed Foundation Inc generated $164.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $205.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. 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
QED'S MISSION IS TO BUILD - AND INSPIRE AND HELP OTHERS TO BUILD - TRANSFORMATIONAL LEARNING ENVIRONMENTS, IN AND OUT OF SCHOOLS, THAT ENGAGE ALL STUDENTS IN SUCCESSFUL AND SUSTAINABLE GROWTH AND LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRANSFORMATIONAL CHANGE MODEL: PROVIDING FOUNDING SUPPORT, TRAINING, RESOURCES AND TECHNICAL ASSISTANCE FOR SCHOOLS AND LEARNING ENVIRONMENTS IMPLEMENTING QED'S TRANSFORMATIONAL CHANGE MODEL.
COMPETENCY BASED LEARNING SYSTEMS: SUPPORTING THE DESIGN, DEVELOPMENT, AND IMPLEMENTATION OF COMPETENCY-BASED LEARNING SYSTEMS THROUGH THE DEVELOPMENT AND DISSEMINATION OF ONLINE TOOLS AND RESOURCES COUPLED WITH TECHNICAL ASSISTANCE, STRATEGIC PLANNING, PROFESSIONAL DEVELOPMENT, AND SCHOOL COACHING.
PERSONALIZED LEARNING: DEEPENING AWARENESS AND UNDERSTANDING OF HOW PEOPLE LEARN AND THE MENTAL PROCESS OF LEARNING THROUGH DEVELOPING AND PROVIDING TRAINING, RESOURCES, AND TOOLS (LEARNER SKETCH TOOL) FOR EQUITABLE. HEALTHY, HIGH FUNCTIONING LEARNING ENVIRONMENTS.
SUPPORT SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Ballard Treasurer | OfficerTrustee | $0 | |
Robert Mclaughlin Chair | OfficerTrustee | $0 | |
Susan Dreyer-Leon Secretary | OfficerTrustee | $0 | |
Kim Carter Executive Di | Officer | $0 | |
Lance Whitehead Director | Trustee | $0 | |
Tyler Cote Director | Trustee | $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 | $15,115 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,115 |
| Total Program Service Revenue | $149,688 |
| 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 | $164,803 |
| 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 | $132,148 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $349 |
| Payroll taxes | $10,265 |
| Fees for services: Management | $0 |
| 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 | $19,950 |
| Advertising and promotion | $1,747 |
| Office expenses | $17,871 |
| Information technology | $12,579 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,064 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $273 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,872 |
| Insurance | $2,782 |
| All other expenses | $209 |
| Total functional expenses | $205,109 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,954 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,193 |
| 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 | $2,119 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $108,266 |
| Accounts payable and accrued expenses | $7,562 |
| 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 | $150,000 |
| Other liabilities | $0 |
| Total liabilities | $157,562 |
| Net assets without donor restrictions | -$49,296 |
| 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 | $108,266 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Qed Foundation Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Bay And Paul Foundations Inc Wilmington, DE PURPOSE: EXPANDING THE TRANSFORMATIVE LEARNING COLLABORATIVE | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bes Inc Boston, MA | $9,472,977 | $7,138,485 |
Green Mountain Higher Education Consortium Inc Shelburne, VT | $1,891,239 | $6,372,980 |
National Center For The Improvement Of Educational Assessment Inc Dover, NH | $8,277,343 | $5,732,746 |
Blueprint Schools Network Inc Needham, MA | $3,399,810 | $5,269,995 |
C W Mars Inc Worcester, MA | $3,743,677 | $3,516,194 |
The Boston Consortium For Higher Education Inc Auburndale, MA | $1,949,553 | $2,601,526 |
Merrimack Valley Library Consortium Inc North Andover, MA | $1,062,073 | $2,531,780 |
Learnlaunch Inc Boston, MA | $877,051 | $1,753,714 |
Fishtank Learning Inc Boston, MA | $1,462,120 | $1,911,332 |
Teach Western Mass Inc Springfield, MA | $1,541,949 | $1,459,675 |
Boston Library Consortium Franklin, MA | $1,028,614 | $815,818 |
Ec Springfield Realty Inc Springfield, MA | $12,755,199 | $176,927 |