Qlarant Inc
- Assets
- $10.6m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 106
- Location
- Easton, MD
- Founding
- 02/2010
- Data as of
- 06/2023
- EIN
- 26-3670453
Organization Overview
Qlarant Inc is located in Easton, MD. The organization was established in 2010. According to its NTEE Classification (F19) the organization is classified as: Support N.E.C., under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2023, Qlarant Inc employed 106 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Qlarant 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 06/2023, Qlarant Inc generated $2.6m in total revenue. All expenses for the organization totaled $1.3m during the year ending 06/2023. While expenses have increased by 4.8% per year over the past 8 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
PROVIDES GOVERNMENT CONTRACTING, AUDITING, MONITORING & CONSULTING FOR THE HEALTH CARE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONITORING AND IMPROVING THE DELIVERY OF HEALTH CARE SERVICES AND INVESTIGATING HEALTH CARE FRAUD, WASTE AND ABUSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Neal Board Member | Trustee | 1 | $10,000 |
Anthony Kern Vice Chair | OfficerTrustee | 3 | $17,000 |
Brian Grissler Secretary/treasurer | OfficerTrustee | 2.5 | $12,500 |
Harbhajan Ajrawat MD Board Member | Trustee | 1 | $12,000 |
Herbert Chain Board Member | Trustee | 3.5 | $12,000 |
John Murray Chair | OfficerTrustee | 2 | $30,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Inband Networks Llc It Licenses/support (Cisco) | 6/29/23 | $958,634 |
Alliance Technology Group Llc Software Programming/development | 6/29/23 | $544,302 |
Mccarter & English Llp Legal Counsel | 6/29/23 | $911,846 |
Ip Data Systems Inc It Licenses/support | 6/29/23 | $384,694 |
Vivid Pages Inc Technology Development | 6/29/23 | $274,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,618,622 |
| 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 | $2,618,622 |
| Total Program Service Revenue | $0 |
| Investment income | $525 |
| 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 | $2,645,196 |
| 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. | $140,500 |
| Compensation of current officers, directors, key employees. | $140,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,589,098 |
| Pension plan accruals and contributions | $1,136,720 |
| Other employee benefits | $950,663 |
| Payroll taxes | $684,967 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $889,207 |
| 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 | $39,775 |
| Advertising and promotion | $0 |
| Office expenses | $868,021 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $922,254 |
| Travel | $415 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,189 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $396,940 |
| Insurance | $0 |
| All other expenses | $848 |
| Total functional expenses | $1,316,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $542,607 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,621 |
| 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 | $1,830,361 |
| Net Land, buildings, and equipment | $1,692,457 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $10,682 |
| Other assets | $6,489,817 |
| Total assets | $10,568,545 |
| Accounts payable and accrued expenses | $2,763,368 |
| 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 | $4,800,655 |
| Total liabilities | $7,564,023 |
| Net assets without donor restrictions | $3,004,522 |
| 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 | $10,568,545 |
Grants Awarded
Over the last fiscal year, Qlarant Inc has awarded $654,651 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
DELMARVA FOUNDATION FOR MEDICAL CARE INC PURPOSE: GENERAL SUPPORT | $52,500 |
HEALTH INTEGRITY LLC PURPOSE: GENERAL SUPPORT | $102,151 |
QUALITY HEALTH FOUNDATION INC PURPOSE: GENERAL SUPPORT | $500,000 |