Quickcert
- Assets
- $2.2m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 08/2010
- Data as of
- 12/2022
- 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 12/2022, Quickcert generated $2.0m 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 (8.5%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 6 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
2022
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 |
|---|---|---|---|
Frances L Shadrick President | 0 | $480,568 | |
Diana Shadrick Manager | 0 | $51,504 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $133,209 |
| Interest on Savings | $233 |
| 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 | $1,827,270 |
| Total Revenue | $1,960,712 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $532,072 |
| Other employee salaries and wages | $436,242 |
| Pension plans, employee benefits | $0 |
| Interest | $10,787 |
| Taxes | $150,935 |
| Depreciation | $73,596 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $5,573 |
| Other expenses | $851,283 |
| Total operating and administrative expenses | $2,089,609 |
| Contributions, gifts, grants paid | $500 |
| Total expenses and disbursements | $2,090,109 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,085 |
| Savings and temporary cash investments | $163,781 |
| Net Accounts receivable | $178,545 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $158,212 |
| Net other notes and loans receivable | $645,356 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,945 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $412,360 |
| Other assets | $614,937 |
| Total assets | $2,186,221 |
| Accounts payable and accrued expenses | $2,753 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $230,064 |
| Other liabilities | $1,375 |
| Total liabilities | $234,192 |
Grants Awarded
Over the last fiscal year, Quickcert has awarded $658 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OKLAHOMA HEART INSTITUTE PURPOSE: SUPPORT OPERATIONS | $100 |
SALVATION ARMY ANGEL TREE PURPOSE: SUPPORT OPERATIONS | $558 |