Quest For Excellence Inc
- Assets
- $698.4k
- Revenue
- $53.2k
- Investments
- $513.1k
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 01/1993
- Data as of
- 12/2021
- EIN
- 35-1860492
Organization Overview
Quest For Excellence Inc is located in Indianapolis, IN. The organization was established in 1993. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quest For Excellence 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, Quest For Excellence Inc generated $53.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $401.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Quest For Excellence Inc has awarded 17 individual grants totaling $678,408. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
ADA'S PLACE IS A TRANSITIONAL HOUSING PROGRAM THAT IS AFFORDABLE FOR SINGLE EMPLOYED WOMEN OVER TWENTY YEARS OLD WITHOUT CUSTODY OF CHILDREN. THE PROGRAM FOCUSES ON INDIVIDUALIZED SKILL ACQUISITION UTILIZING A PERSON-CENTERED PLANNING MODEL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard F Foltz III Secretary/treas | 0 | $0 | |
Patrick J Brake Director | 0 | $0 | |
Daniel E Foltz Vice President | 0 | $0 | |
Bill Nelson Director | 0 | $0 | |
Lisa L Dellacqua Vice President | 0 | $0 | |
Karen O'brien Fanning Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $35 |
| Interest on Savings | $7,768 |
| Dividends & Interest | $20,309 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$96 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,135 |
| Total Revenue | $53,151 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,665 |
| Printing and publications | $0 |
| Other expenses | $90,611 |
| Total operating and administrative expenses | $96,526 |
| Contributions, gifts, grants paid | $305,000 |
| Total expenses and disbursements | $401,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,438 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $2,801 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $175,711 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $353 |
| Total assets | $698,428 |
| Accounts payable and accrued expenses | $13,859 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $5,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $3,360 |
| Total liabilities | $22,219 |
Grants Awarded
Over the last fiscal year, Quest For Excellence Inc has awarded $305,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FAIR HAVEN INC PURPOSE: OPERATING EXPENSES | $300,000 |
Greenfield, IN PURPOSE: OPERATING EXPENSES. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Travaux Inc Milwaukee, WI | $20,871,575 | $29,083,823 |
Housing Opportunities For Women Inc Chicago, IL | $10,302,205 | $13,644,444 |
Wings Program Inc Palatine, IL | $20,051,146 | $9,988,803 |
University Village Housing Inc Green Bay, WI | $28,254,095 | $5,543,891 |
Castle Manor Lincoln, IL | $7,321,481 | $2,363,290 |
Sheffield Place Kansas City, MO | $4,172,612 | $2,183,282 |
Christian Associates Of Table Rock Lake Kimberling City, MO | $3,003,702 | $1,607,403 |
Future Choices Inc Muncie, IN | $2,713,745 | $998,076 |
Good Samaritan Ministries A Project Of Carbondale Interfaith Council Carbondale, IL | $177,879 | $821,445 |
Silent Workers Circle Of The Intl Order Of Kings Daughters And Sons Frankfort, KY | $1,437,401 | $893,984 |
River Of Refuge Kansas City, MO | $9,897,657 | $775,029 |
Cots Inc Appleton, WI | $2,402,736 | $1,044,365 |