Medical Research
(H99)
990 on File
QUALITY INDEPENDENCE INC
Financial strength (30%)
55/100
Reliability (20%)
45/100
Effectiveness (25%)
72/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$932K
Total Revenue
$957K
Total Expenses
$31K
Net Assets
20
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
95.1%
Fundraising Efficiency
N/A
Operating Reserve
0.39x
Liability-to-Asset
17.9%
Revenue Diversification
100.0%
Executive Compensation
$85K
Compared with Peers
FY 2024
Compared with 726 similar organizations
(United States, Medical Research, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
95.1% | 84.5% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.9% | 11.4% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.4 mo | 13.4 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
17.9% | 0.4% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 93.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-8.5% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-11.8% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.7% | 1.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $932K | $957K | $31K | 95.1% | 20 |
| 2023 | $1.0M | $1.1M | $56K | 94.9% | 20 |
| 2022 | $746K | $651K | $120K | 91.9% | 24 |
| 2021 | $647K | $634K | $25K | 93.6% | 14 |
| 2020 | $716K | $728K | N/A | — | 14 |
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