Qlarant Quality Solutions Inc
- Assets
- $21.8m
- Revenue
- $18.7m
- Investments
- $0.0
- Employees
- 128
- Location
- Easton, MD
- Founding
- 12/1993
- Data as of
- 06/2023
- EIN
- 52-1000082
Organization Overview
Qlarant Quality Solutions Inc is located in Easton, MD. The organization was established in 1993. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2023, Qlarant Quality Solutions Inc employed 128 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Qlarant Quality Solutions 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 Quality Solutions Inc generated $18.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $17.9m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 8 years. 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
ASSESS THE EFFECTIVENESS AND EFFICIENCY OF HEALTH & HUMAN SERVICES. ASSIST HEALTH & HUMAN SERVICE PROVIDERS IN IMPLEMENTING PROCESS IMPROVEMENT ACTIVITIES IN THEIR RESPECTIVE LOCATIONS OF CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUALITY IMPROVEMENT STUDIES ARE OUR QIN/QIO CONTRACTS. QIN/QIO ALIGNS WITH THE DHHS NATIONAL QUALITY STRATEGY INCLUDING BETTER CARE, BETTER HEALTH AND LOWER COSTS, PREVENTION AND POPULATION HEALTH, EXPANDED HEALTH COVERAGE AND ENTERPRISE EXCELLENCE. WE FOCUS ON BEHAVIORAL HEALTH AND OPIOID MISUSE; PATIENT SAFETY, CHRONIC DISEASE MANAGEMENT, CARE TRANSITION, NURSING HOME QUALITY.
EXTERNAL QUALITY REVIEW - AUDITS MANAGED CARE HEALTH PLANS TO DETERMINE COMPLIANCE WITH CMS AND APPLICABLE STATE REQUIREMENTS AND PROVIDES QUALITY IMPROVEMENT TECHNICAL ASSISTANCE. FEDERAL REGULATIONS REQUIRE THAT STATES OPERATING MEDICAID MANAGED CARE PROGRAMS CONTRACT WITH AN INDEPENDENT EXTERNAL QUALITY REVIEW ORGANIZATION (EQRO) TO ASSESS THE QUALITY, ACCESS AND TIMELINESS OF HEALTH SERVICES PROVED TO MEDICAID BENEFICIARIES.
PAYMENT ACCURACY - CONSULTS AND CONTRACTS WITH FEDERAL, STATE AND PRIVATE ENTERPRISES TO DETECT AND INVESTIGATE HEALTH CARE FRAUD, WASTE AND ABUSE THROUGH PREDICTIVE MODELING, DATA MINING AND DATA ANALYSIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Edney Director (thru 12/31/22) | Trustee | 0.5 | $10,000 |
Chante'l Brady Secretary/treasurer | OfficerTrustee | 1 | $10,000 |
Regina Knox Woods Chair | OfficerTrustee | 0.5 | $0 |
Jonathan Boyer Director | Trustee | 2 | $10,000 |
Christopher Broomfield Director | Trustee | 2 | $10,000 |
Arnold Williams Director | Trustee | 3 | $10,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Healthcare Services Subcontractor | 6/29/23 | $616,483 |
Nri Inc Subcontractor | 6/29/23 | $365,918 |
Kra Corporation Subcontractor | 6/29/23 | $340,189 |
Advize Health Llc Healthcare Consulting | 6/29/23 | $253,415 |
Psn Inc Subcontractor | 6/29/23 | $144,572 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,911,304 |
| 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 | $14,911,304 |
| Total Program Service Revenue | $3,446,288 |
| Investment income | $368,801 |
| 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 | $18,726,393 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,900,000 |
| 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. | $905,473 |
| Compensation of current officers, directors, key employees. | $221,830 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,545,022 |
| Pension plan accruals and contributions | $477,475 |
| Other employee benefits | $2,810,549 |
| Payroll taxes | $524,261 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,547 |
| Fees for services: Accounting | $101,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,377,301 |
| Advertising and promotion | $9,283 |
| Office expenses | $214,164 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $489,690 |
| Travel | $306,861 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $61,683 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,290 |
| Insurance | $124,844 |
| All other expenses | $0 |
| Total functional expenses | $17,914,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,941,031 |
| Savings and temporary cash investments | $56,859 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,643,048 |
| 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 | $31,412 |
| Net Land, buildings, and equipment | $2,966 |
| Investments—publicly traded securities | $7,507,017 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $660,045 |
| Total assets | $21,842,378 |
| Accounts payable and accrued expenses | $1,069,304 |
| Grants payable | $0 |
| Deferred revenue | $740,849 |
| 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 | $621,044 |
| Total liabilities | $2,431,197 |
| Net assets without donor restrictions | $19,411,181 |
| 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 | $21,842,378 |
Grants Awarded
Over the last fiscal year, Qlarant Quality Solutions Inc has awarded $1,900,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
QLARANT FOUNDATION INC PURPOSE: GENERAL SUPPORT | $209,000 |
QLARANT INC PURPOSE: GENERAL SUPPORT | $1,691,000 |