Alabama Quality Assurance Foundation
- Assets
- $2.7m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 26
- Location
- Birmingham, AL
- Founding
- 10/1985
- Data as of
- 06/2021
- EIN
- 63-0840366
Organization Overview
Alabama Quality Assurance Foundation is located in Birmingham, AL. The organization was established in 1985. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2021, Alabama Quality Assurance Foundation employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Quality Assurance Foundation 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 06/2021, Alabama Quality Assurance Foundation generated $2.9m 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 (12.0%) each year. All expenses for the organization totaled $3.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
QUALITY IMPROVEMENT ORGANIZATION FOR THE STATE OF ALABAMA
Describe the Organization's Program Activity:
PERFORMANCE OF PEER REVIEW, QUALITY IMPROVEMENT AND QI CONSULTING FOR CMS AND OTHER ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David L Pearce VP - Government Operations | 40.5 | $136,345 | |
Timothy Stettheimer Bod Treasurer | Trustee | 0.18 | $2,150 |
Mike Hardin Bod Vice President | Trustee | 0.24 | $1,975 |
Emily Boohaker MD Bod President | Trustee | 0.24 | $1,848 |
Paul M Nagrodzki MD Director | Trustee | 0.29 | $1,723 |
Pamela White Director | Trustee | 0.18 | $1,688 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Swoz Leadership Inc Content Expert | 6/29/18 | $153,455 |
University Of Alabama At Birmingham Content Expert | 6/29/18 | $169,522 |
Financial Statements
| 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 | $2,895,314 |
| Investment income | $51,664 |
| 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 | $2,946,978 |
| 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 | $1,187,188 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $888,574 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $91,896 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $69,881 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,528,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $404,012 |
| 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 | $3,126 |
| Net Land, buildings, and equipment | $13,836 |
| Investments—publicly traded securities | $2,029,097 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $255,298 |
| Total assets | $2,705,369 |
| Accounts payable and accrued expenses | $688,280 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $155,998 |
| Total liabilities | $844,278 |
| Net assets without donor restrictions | $1,861,091 |
| 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 | $2,705,369 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Second Wind Programs Inc Birmingham, AL | $5,585,002 | $12,560,505 |
New Mission Systems Inc Ft Myers, FL | $7,483,097 | $11,126,012 |
Deerwood Country Club Inc Jacksonville, FL | $10,155,508 | $6,981,612 |
Brotherhood Of Maintenance Of Way Employees Hendersonville, TN | $4,697,141 | $6,259,699 |
Archbold Expeditions Inc Venus, FL | $92,397,695 | $5,182,964 |
The Riley Foundation Meridian, MS | $106,706,164 | $2,375,468 |
Reach Up Inc Tampa, FL | $1,690,303 | $4,995,945 |
Reading Edge Academy Inc Debary, FL | $6,200,470 | $4,846,330 |
Good Shepherd Medication Management Memphis, TN | $2,325,879 | $2,559,042 |
Deus Spes Mea Foundation Inc Miami, FL | $23,770,835 | $1,843,877 |
Project Reflect Madison, TN | $4,733,587 | $4,700,384 |
Kenneth M And Sue B Henson Charitable Tr Columbus, GA | $128,427 | $4,166 |