Quickcert
- Assets
- $2.3m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 80-0392470
Organization Overview
Quickcert is located in Tulsa, OK. The organization was established in 2010. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quickcert 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, Quickcert generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PRIMARY ACTIVITY IS PROVIDING REVERSE MORTGAGE EDUCATION FOR SENIOR CITIZENS.
THE ORGANIZATION'S SECONDARY CHARITABLE PURPOSE IS PROVIDING LOW INCOME HOUSING.
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 |
|---|---|---|---|
Leanne Shadrick President | 0 | $480,545 | |
Diana Shadrick Manager | 0 | $51,504 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $211,769 |
| Interest on Savings | $463 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,188,509 |
| Total Revenue | $2,400,741 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $532,049 |
| Other employee salaries and wages | $440,719 |
| Pension plans, employee benefits | $37,531 |
| Interest | $13,465 |
| Taxes | $109,886 |
| Depreciation | $94,828 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,524 |
| Printing and publications | $4,083 |
| Other expenses | $1,313,703 |
| Total operating and administrative expenses | $2,595,972 |
| Contributions, gifts, grants paid | $658 |
| Total expenses and disbursements | $2,596,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,222 |
| Savings and temporary cash investments | $87,038 |
| Net Accounts receivable | $180,130 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $862,124 |
| 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 | $485,956 |
| Other assets | $614,937 |
| Total assets | $2,343,407 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $108,963 |
| Other liabilities | $153,018 |
| Total liabilities | $261,981 |
Grants Awarded
Over the last fiscal year, Quickcert has awarded $658 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SALVATION ARMY ANGEL TREE PURPOSE: SUPPORT OPERATIONS | $558 |
OKLAHOMA HEART INSTITUTE PURPOSE: SUPPORT OPERATIONS | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Quickcert Tulsa, OK | $2,343,407 | $2,400,741 |
Debt Education And Certification Foundation Fort Worth, TX | $2,181,103 | $1,641,637 |
Prosperity Connection St Louis, MO | $1,393,127 | $1,257,430 |
Credit Counseling Of Arkansas Inc Fayetteville, AR | $985,008 | $1,311,283 |
Community Enterprise Development Services Aurora, CO | $7,776,464 | $2,438,749 |
True To Life Ministries Lake Jackson, TX | $1,257,058 | $709,455 |
Housing And Credit Counseling Inc Topeka, KS | $1,465,189 | $741,277 |
Consumer Credit Counseling Service Of Salina Inc Salina, KS | $360,345 | $376,593 |
Midland Community Development Corporation Midland, TX | $4,099,688 | $2,295,541 |
Freedom 5 One Ministries Inc Fayetteville, AR | $49,283 | $395,535 |
Consumer Credit Counseling Of Springfield Missouri Inc Springfield, MO | $863,804 | $241,091 |
Lamedichi Carbondale, CO | $1,573,171 | $1,156,033 |