Ahead Qtr Inc
- Assets
- $8.1m
- Revenue
- $884.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Littleton, NH
- Founding
- 05/2015
- Data as of
- 12/2021
- EIN
- 46-4378899
Organization Overview
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 12/2021, Ahead Qtr Inc generated $884.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $762.7k during the year ending 12/2021. While expenses have increased by 7.3% per year over the past 7 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
2021
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Mcdonald Vice President | OfficerTrustee | 0.5 | $0 |
Martha Mcleod President | OfficerTrustee | 0.5 | $0 |
Christine Jessen Treasurer | OfficerTrustee | 0.5 | $0 |
Luther Kinney Secretary | OfficerTrustee | 0.5 | $0 |
Peter Corey Past Vice President | OfficerTrustee | 0.5 | $0 |
Michael Claflin Executive Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| 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 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $114,145 |
| 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 | $114,145 |
| Total Program Service Revenue | $769,556 |
| Investment income | $478 |
| 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 | $884,179 |
| 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 | $4,239 |
| Fees for services: Legal | $22,313 |
| Fees for services: Accounting | $8,712 |
| 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 | $3,684 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $168,148 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $84,785 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $235,990 |
| Insurance | $20,436 |
| All other expenses | $0 |
| Total functional expenses | $762,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,742 |
| Savings and temporary cash investments | $228,916 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,712 |
| 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 | $26,025 |
| Net Land, buildings, and equipment | $7,531,747 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,205 |
| Total assets | $8,094,347 |
| Accounts payable and accrued expenses | $25,695 |
| Grants payable | $0 |
| Deferred revenue | $18,009 |
| 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 | $3,654,160 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $525,841 |
| Total liabilities | $4,223,705 |
| Net assets without donor restrictions | $3,822,492 |
| Net assets with donor restrictions | $48,150 |
| 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 | $8,094,347 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ahead Qtr Inc has recieved totaling $2,075,000.
| Awarding Organization | Amount |
|---|---|
Affordable Housing Education And Development Inc Littleton, NH PURPOSE: To support the construction of the Friendship House. | $2,075,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Madison Park Development Corporation Roxbury, MA | $51,356,053 | $9,046,088 |
Rth Mission Park Realty Corporation Boston, MA | $107,143,093 | $17,493,070 |
N Woodburn Nichols Foundation Inc Groveland, MA | $40,329,040 | $1,703,919 |
89 South Care Support Inc Pittsfield, MA | $26,959,750 | $1,785,474 |
Ahead Qtr Inc Littleton, NH | $8,094,347 | $884,179 |
1780 Hchq Inc Springfield, MA | $14,592,530 | $626,699 |
New England Deaconess Association- Abundant Life Communities Inc Concord, MA | $156,000 | $199,992 |
Poah Support Corporation 2 Boston, MA | $22,384,155 | $211,920 |
Housing Forward-Ma Boston, MA | $33,401 | $0 |
Slotnick Korelitz Charitable Trust Chatham, MA | $1,672,863 | $47,858 |
Fellowship Christian Church Holdings Inc Hyde Park, MA | $64,973 | $0 |
Boston Public Housing Corporation Boston, MA | $6,529,611 | $79,803 |