Magellan Quest Worldwide
- Assets
- $204.0
- Revenue
- $110.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Laporte, CO
- Founding
- Data as of
- 12/2023
- EIN
- 87-4081229
Organization Overview
Magellan Quest Worldwide is located in Laporte, CO. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magellan Quest Worldwide 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 12/2023, Magellan Quest Worldwide generated $110.3k in total revenue. All expenses for the organization totaled $110.4k during the year ending 12/2023. While expenses have increased by 199.7% per year over the past 2 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GRANTS DISTRIBUTED BY MAGELLAN QUEST WORLDWIDE PROVIDED FOR THE START OF CONSTRUCTION OF THE NEW SCHOOL CHURCH BUILDING AT THE ROCK HILL PAYNESVILLE SITE IN MONROVIA LIBERIA. CONSTRUCTION IS EXPECTED TO CONCLUDE IN SPRING OF 2024. WHEN FINISHED THE SCHOOL WILL SERVE THE COMMUNITY'S CHILDREN FROM KINDERGARTEN THROUGH SECONDARY FOCUSING PRIMARILY ON REDUCING ILLITERACY RATES.
FUNDS WERE USED BY MAGELLAN QUEST WORLDWIDE TO PUT DOWN THE 50% DEPOSIT ON AN OXYGEN CONCENTRATOR EARMARKED FOR ELWA HOSPITAL IN MONROVIA LIBERIA. THIS CONCENTRATOR IS EXPECTED TO SHIP IN THE SPRING OF 2024 AND ARRIVE BY SUMMER WHEN IT WILL BE INSTALLED BY OUR DIRECTOR OF FIELD OPERATIONS. THE CONCENTRATOR WILL ENABLE THE HOSPITAL TO GENERATE ITS OWN O2 AND MEDICAL AIR WITHOUT HAVING TO RELY ON CANISTERS. IT MAY ALSO PROVIDE THE OPPORTUNITY FOR THE HOSPITAL TO GENERATE REVENUE FROM SALES OF O2 AND MEDICAL AIR PRODUCED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abigail Dalton Director | 5 | $0 | |
Noah Dalton Director Of Field Operations | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $110,262 |
| Interest on Savings | $0 |
| 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 | $0 |
| Total Revenue | $110,262 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $34,191 |
| Total operating and administrative expenses | $35,279 |
| Contributions, gifts, grants paid | $75,100 |
| Total expenses and disbursements | $110,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $204 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $204 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |