Ahead Qtr Inc is located in Littleton, NH. The organization was established in 2015. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, 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. Ahead Qtr Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2023, Ahead Qtr Inc generated $1.1m 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 (15.1%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. 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
AHEAD QTR, INC. IS A NON-PROFIT CORPORATION THAT HOLDS TITLE TO LAND AND BUILDINGS IN NEW HAMPSHIRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENTED FACILITIES TO RELATED EXEMPT ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Harrison Kanzler Executive Director | OfficerTrustee | 0.5 | $0 |
Susan Retz President | OfficerTrustee | 0.5 | $0 |
Mark Hesler Vice President | OfficerTrustee | 0.5 | $0 |
Melissa Blood Treasurer | OfficerTrustee | 0.5 | $0 |
Christine Crespo Secretary | OfficerTrustee | 0.5 | $0 |
Marybeth Robinson Past Secretary | OfficerTrustee | 0.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Hammer Down Construction Llc Construction Svcs | 12/30/18 | $152,166 |
Corey Hunt Burner Service Hvac Maintenance | 12/30/18 | $104,934 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,110,896 |
Investment income | $8,756 |
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 | $1,119,652 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $113,024 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $16,878 |
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 | $10,012 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $222,771 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $119,916 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $235,404 |
Insurance | $29,287 |
All other expenses | $0 |
Total functional expenses | $1,160,912 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $979,641 |
Savings and temporary cash investments | $329,523 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $139,119 |
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 | $3,900 |
Net Land, buildings, and equipment | $7,096,068 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $14,819 |
Total assets | $8,563,070 |
Accounts payable and accrued expenses | $133,137 |
Grants payable | $0 |
Deferred revenue | $21,780 |
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 | $4,012,684 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $549,455 |
Total liabilities | $4,717,056 |
Net assets without donor restrictions | $3,834,364 |
Net assets with donor restrictions | $11,650 |
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 | $8,563,070 |