Partners For Quality Foundation Inc
- Assets
- $10.6m
- Revenue
- $827.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Mckees Rocks, PA
- Founding
- 03/2005
- Data as of
- 06/2023
- EIN
- 30-0285255
Organization Overview
Partners For Quality Foundation Inc is located in Mckees Rocks, PA. The organization was established in 2005. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partners For Quality 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 06/2023, Partners For Quality Foundation Inc generated $827.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $373.1k during the year ending 06/2023. While expenses have increased by 2.7% 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
PARTNERS FOR QUALITY FOUNDATION, INC. SUPPORTS PEOPLE BY PROVIDING SERVICES THAT PROMOTE CHOICE, PERSONAL SATISFACTION, AND THE REALIZATION OF THEIR HOPES AND DREAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WILL SUPPORT AND FURTHER THE INTEREST OF THE AFFILIATED ORGANIZATIONS THAT ARE QUALIFIED UNDER SECTION 501(C)(3) OF THE CODE (NAMELY CCI, ACI, MILESTONE, LIFEWAYS, AND PFQ, AS DESCRIBED IN SCHEDULE R BY RAISING, INVESTING, AND DISTRIBUTING FUNDS IN WAYS WHICH BENEFIT, MAINTAIN, AND IMPROVE SUCH AFFILIATED ORGANIZATIONS. MORE SPECIFICALLY, THE FOUNDATION WILL IMPLEMENT A VARIETY OF SPECIAL EVENTS, CAMPAIGNS, AND PROGRAMS TO SUPPORT ITS AFFILIATES. THESE FUNDRAISING ACTIVITIES WILL BE DIRECTED AND COORDINATED BY FOUNDATION STAFF AND VOLUNTEERS. THE FOUNDATION INTENDS TO MANAGE, INVEST, AND REINVEST THE FUNDS, AND TO MAKE GRANTS TO ITS AFFILIATED ORGANIZATIONS IN SUPPORT OF THEIR CHARITABLE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Mandarino Vice Chairman | OfficerTrustee | 1 | $0 |
D Nassar Director | Trustee | 1 | $0 |
J Barone Chairman | Trustee | 1 | $0 |
H Orie Secretary/treasurer | OfficerTrustee | 1 | $0 |
T Brady Director | Trustee | 1 | $0 |
Margaret Rothenberger President And CEO | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $112,830 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $46,264 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,094 |
| Total Program Service Revenue | $0 |
| Investment income | $191,615 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $489,353 |
| Net Income from Fundraising Events | -$12,413 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $827,649 |
| 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. | $76,247 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,012 |
| Pension plan accruals and contributions | $967 |
| Other employee benefits | $1,476 |
| Payroll taxes | $6,880 |
| Fees for services: Management | $43,072 |
| 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 | $44,887 |
| Fees for services: Other | $22,692 |
| Advertising and promotion | $0 |
| Office expenses | $83,556 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $492 |
| 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 | $11,859 |
| All other expenses | $0 |
| Total functional expenses | $373,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $230,229 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,925,000 |
| 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 | $3,021 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $8,409,146 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,567,396 |
| Accounts payable and accrued expenses | $19,636 |
| Grants payable | $0 |
| Deferred revenue | $9,955 |
| 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 | $43,954 |
| Total liabilities | $73,545 |
| Net assets without donor restrictions | $10,396,895 |
| Net assets with donor restrictions | $96,956 |
| 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 | $10,567,396 |
Grants Awarded
Over the last fiscal year, Partners For Quality Foundation Inc has awarded $0 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITIZEN CARE INC PURPOSE: SUPPORT OF EXEMPT PURPOSE | $0 |