Civic Intelligence

Institute for Quantitative Research in Finance

990 • Fiscal year 2017 • EIN 22-3773177

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 04, 2018

Organization ProfileWWW.Q-GROUP.ORG
C/O Jaffe Mgmt 555 8th Ave No 1902New York, NY 10018

(212) 496-3155

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.14x

Higher debt load relative to assets than 44% of similar nonprofits.

2017 filings • NTEE S • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

41st percentile

0.16x

Higher debt load relative to revenue than 41% of similar nonprofits.

2017 filings • NTEE S • $1M-$5M nonprofits • Source year 2017

Net Margin

83rd percentile

29%

Higher net margin than 83% of similar nonprofits.

2017 filings • NTEE S • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

31st percentile

$0

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE S • $1M-$5M nonprofits • Source year 2017

Asset Growth

23rd percentile

-4.2%

Faster asset growth than 23% of similar nonprofits.

2017 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

42nd percentile

0.0%

Faster revenue growth than 42% of similar nonprofits.

2017 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets44th percentile

Assets

Down

$1,278,643

Down $55,917 (-4.2%) from 2016

Net Assets

Up

$1,103,182

Up $337,791 (+44%) from 2016

Liabilities

Down

$175,461

Down $393,708 (-69%) from 2016

Revenue And Expenses
Liabilities / Revenue41st percentileNet Margin83rd percentile

Revenue

Up

$1,116,143

Up $487 (+0.0%) from 2016

Expenses

Down

$794,352

Down $221,147 (-22%) from 2016

Net Income

Up

$321,791

Up $221,634 (+221%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $758,333Liabilities 2010: $513,909Net Assets 2010: $244,4242010Assets 2011: $913,040Liabilities 2011: $562,997Net Assets 2011: $350,0432011Assets 2012: $977,804Liabilities 2012: $542,461Net Assets 2012: $435,3432012Assets 2013: $998,513Liabilities 2013: $618,723Net Assets 2013: $379,7902013Assets 2014: $1,135,014Liabilities 2014: $613,254Net Assets 2014: $521,7602014Assets 2015: $1,243,675Liabilities 2015: $580,441Net Assets 2015: $663,2342015Assets 2016: $1,334,560Liabilities 2016: $569,169Net Assets 2016: $765,3912016Assets 2017: $1,278,643Liabilities 2017: $175,461Net Assets 2017: $1,103,1822017Assets 2018: $1,152,757Liabilities 2018: $8,077Net Assets 2018: $1,144,6802018Assets 2019: $1,249,894Liabilities 2019: $5,956Net Assets 2019: $1,243,9382019Assets 2020: $1,462,422Liabilities 2020: $87,562Net Assets 2020: $1,374,8602020Assets 2021: $1,195,413Liabilities 2021: $88,225Net Assets 2021: $1,107,1882021Assets 2022: $1,548,670Liabilities 2022: $530,056Net Assets 2022: $1,018,6142022Assets 2023: $1,445,634Liabilities 2023: $536,464Net Assets 2023: $909,1702023Assets 2024: $905,441Liabilities 2024: $183,166Net Assets 2024: $722,2752024

Highlighted filing

2017

Assets$1,278,643
Liabilities$175,461
Net Assets$1,103,182
Open 2017 Filing

Operations Trend

Revenue Growth42nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $946,8342010Revenue 2011: $938,837Expenses 2011: $834,218Net Income 2011: $104,6192011Expenses 2012: $858,2722012Revenue 2013: $896,768Expenses 2013: $951,333Net Income 2013: -$54,5652013Revenue 2014: $1,053,702Expenses 2014: $911,732Net Income 2014: $141,9702014Revenue 2015: $1,076,096Expenses 2015: $934,622Net Income 2015: $141,4742015Revenue 2016: $1,115,656Expenses 2016: $1,015,499Net Income 2016: $100,1572016Revenue 2017: $1,116,143Expenses 2017: $794,352Net Income 2017: $321,7912017Revenue 2018: $876,115Expenses 2018: $834,617Net Income 2018: $41,4982018Revenue 2019: $818,780Expenses 2019: $719,522Net Income 2019: $99,2582019Revenue 2020: $550,544Expenses 2020: $392,222Net Income 2020: $158,3222020Revenue 2021: $276,726Expenses 2021: $453,898Net Income 2021: -$177,1722021Revenue 2022: $472,027Expenses 2022: $649,928Net Income 2022: -$177,9012022Revenue 2023: $597,125Expenses 2023: $706,569Net Income 2023: -$109,4442023Revenue 2024: $537,592Expenses 2024: $719,687Net Income 2024: -$182,0952024

Highlighted filing

2017

Revenue$1,116,143
Expenses$794,352
Net Income$321,791
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 4, 2018
Return Version
2017v2.3
Gross Receipts
$1,116,143
Mission and Program Overview

Mission

The organization's mission is to encourage the study of finance, support basic and applied research in the field of financial analysis, and encourage the use of advanced mathematics and econometric methods in financial management, and in furtherance thereof, to conduct investigations and other research activities in the fields of finance and securities analysis.

Forum to evaluate new research, quantitative applications & provide solutions to improve investment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,152,785$1,059,484▼ $93,301
Cash and Non-Interest-Bearing Accounts$74,369$131,756▲ $57,387
Accounts Receivable$22,750$63,100▲ $40,350
Prepaid Expenses and Deferred Charges$84,656$24,303▼ $60,353
Total Assets$1,334,560$1,278,643▼ $55,917
Liabilities
Deferred Revenue$481,000$110,500▼ $370,500
Accounts Payable and Accrued Expenses$76,169$64,961▼ $11,208
Grants Payable$12,000--
Total Liabilities$569,169$175,461▼ $393,708
Net Assets / Fund Balance
Unrestricted Net Assets$555,391$893,182▲ $337,791
Temporarily Rstr Net Assets$210,000$210,000→ $0
Total Net Assets Fund Balance$765,391$1,103,182▲ $337,791
Total Liabilities and Net Assets / Fund Balance$1,334,560$1,278,643▼ $55,917
Compensation and Service Providers
Top Officer Pay31st percentile

Board Members and Trustees

NameTitle
Richard R LindseyChairman
Brett HammondVice-chairman
Gilbert HammerVice-chairman
Joanne M HillExecutive Vice President
Marc R ReinganumExecutive Vice President
Andrew AngDirector
Barbara S PetittDirector
Clifford S AsnessDirector
James P GordonDirector
Katrina F SherrerdDirector
Kenneth J WinstonDirector
Laurence B SiegelDirector
Leopoldo E GuzmanDirector
Mary L CahillDirector
Mehdi MahmudDirector
Michelle R ClaymanDirector
Roger G ClarkeDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,115,250
Investment Income
$893
Other Revenue
$0
Change in Net Assets
$321,791

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,116,143
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,116,143
Total Revenue per Form 990
$1,116,143
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$796,352
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Grants and Similar Amounts Paid$-2,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$584,161--$584,161
Fees for Services Accounting-$12,800-$12,800
Insurance-$4,231-$4,231
All Other Expenses$2,254$1,003-$3,257
Other Expenses$20,000$3,250-$3,250
Grants to Domestic Individuals$-2,000--$-2,000
Total Functional Expenses$685,657$108,695$0$794,352

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$794,352
Total Expenses per Audited Statements$794,352
Total Expenses per Form 990$794,352
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization is a non-stock not-for-profit corporation with members. There are no classes of membership. Each member is entitled to one vote. The members elect the board of directors.”

Form 990, Part VI, Section A, Line 7A

“There are no classes of membership. Each member is entitled to one vote. The members elect the board of directors.”

Form 990, Part VI, Section A, Line 7B

“The board of directors approves the admission of new members. Ratification of admission of new members is required by the current members.”

Form 990, Part VI, Section B, Line 11B

“The final version of the form 990 (including required schedules)is sent to the chairman before the form is filed. The chairman (who is also on the board of directors) reviews the form. The approved form is then signed by the chairman.”

Form 990, Part VI, Section C, Line 19

“The governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Institute for Quantitative Research
EIN
22-3773177
Phone
2124963155
Address
C/O JAFFE MGMT 555 8TH AVE NO 1902, NEW YORK, NY 10018

Signing Officer

Name
Richard R Lindsey
Title
Chairman
Phone
2123191328
Signed
2018-10-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard R Lindsey
Formed
2000
Legal Domicile
De
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
0

Preparer

Firm
Frank Megale CPA
Address
9 ALDEN AVENUE, N VALLEY STREAM, NY 11580-1001
Preparer
Frank Megale CPA
Phone
5162854839
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IRS990/NetAssetsOrFundBalancesEOYAmt01103182
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ADMINISTRATION, CLERICA
IRS990/OtherExpensesGrp/Desc1COMMITTEES EXPENSES
IRS990/OtherExpensesGrp/Desc2RESEARCH PROJECTS COORD
IRS990/OtherExpensesGrp/Desc3BAD DEBT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt079611
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17800
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23250
IRS990/OtherExpensesGrp/ProgramServicesAmt063042
IRS990/OtherExpensesGrp/ProgramServicesAmt118200
IRS990/OtherExpensesGrp/ProgramServicesAmt220000
IRS990/OtherExpensesGrp/TotalAmt0142653
IRS990/OtherExpensesGrp/TotalAmt126000
IRS990/OtherExpensesGrp/TotalAmt220000
IRS990/OtherExpensesGrp/TotalAmt33250
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt084656
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024303
IRS990/PrincipalOfficerNm0RICHARD R LINDSEY
IRS990/PriorPeriodAdjustmentsAmt016000
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0SPONSOR DUES
IRS990/ProgramServiceRevenueGrp/Desc1SEMINAR FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0916500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1198750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0916500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1198750
IRS990/ProgSrvcAccomActy2Grp/Desc0ROGER F. MURRAY ANNUAL PRIZE COMPETITION AWARDED FOR THE QUALITY OF THE RESEARCH PAPERS UPON WHICH THE PRESENTATION AT THE SEMI-ANNUAL SEMINARS ARE BASED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt010344
IRS990/ProgSrvcAccomActy2Grp/GrantAmt010000
IRS990/ProgSrvcAccomActy3Grp/Desc0SEMINARS COVERING VARIOUS ASPECTS OF QUANTITATIVE RESEARCH WHICH PROVIDE AN UNDERSTANDING AND ANALYSIS OF CURRENT EVENTS IN FINANCE AND ECONOMICS AFFECTING THE FIELD OF QUANTITATIVE ANALYSIS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0664075
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt0-8000
IRS990/PYInvestmentIncomeAmt0906
IRS990/PYOtherExpensesAmt0980390
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01114750
IRS990/PYRevenuesLessExpensesAmt0100157
IRS990/PYSalariesCompEmpBnftPaidAmt043109
IRS990/PYTotalExpensesAmt01015499
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01115656
IRS990/ReconcilationRevenueExpnssAmt0321791
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01152785
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01059484
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0794352
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01116143
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0794352
IRS990ScheduleD/TotalRevenuePerForm990Amt01116143
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01116143
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0794352
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt010000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1-6000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt2-6000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ROGER F MURRAY PRIZE - PRIZE COMPETITION TO RECOGNIZE SCIENTIFIC ACHIEVEMENT IN QUANTITATIVE FINANCIAL RESEARCH. AWARDED TO INDIVIDUALS WHO PRESENT RESEARCH AT THE SEMI-ANNUAL SEMINARS.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1JACK L. TREYNOR PRIZE - A PROGRAM TO RECOGNIZE SUPERIOR ACADEMIC WORKING PAPERS WITH POTENTIAL APPLICATIONS IN THE FIELDS OF INVESTMENT MANAGEMENT AND FINANCIAL MARKETS.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2RESEARCH GRANT AWARDED IN 2011 CANCELED
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3RESEARCH GRANT AWARDED IN 2013 CANCELED
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt04
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt12
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt22
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZTION SUSPENDED IN 2014 GRANT FUNDING TO SUPPORT ACADEMIC RESEARCH IN QUANTITATIVE ANALYSIS & FINANCE THAT IS OF INTEREST TO THE INVESTMENT MANAGEMENT COMMUNITY. THE RESEARCH COORDINATOR KEEPS TRACK OF ALL OUTSTANDING RESEARCH PROJECTS & MAINTAINS PROPER CORRESPONDENCE FILES FOR ALL PROJECTS. IF A PROJECT IS NOT PROGRESSING SATISFACTORILY, THE RESEARCH COORDINATOR, IN CONSULTATION WITH THE RESEARCH COMMITTEE, WILL HELP TERMINATE THE PROJECT. THE RESEARCH COORDINATOR COLLECTS THE PAPERS PRODUCED BY ITS SUPPORTED AUTHORS & HELPS THE RESEARCH COMMITTEE DETERMINE WHEN AUTHORS SATISFACTORILY COMPLETE THEIR PROJECTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NON-STOCK NOT-FOR-PROFIT CORPORATION WITH MEMBERS. THERE ARE NO CLASSES OF MEMBERSHIP. EACH MEMBER IS ENTITLED TO ONE VOTE. THE MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO CLASSES OF MEMBERSHIP. EACH MEMBER IS ENTITLED TO ONE VOTE. THE MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS APPROVES THE ADMISSION OF NEW MEMBERS. RATIFICATION OF ADMISSION OF NEW MEMBERS IS REQUIRED BY THE CURRENT MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FINAL VERSION OF THE FORM 990 (INCLUDING REQUIRED SCHEDULES)IS SENT TO THE CHAIRMAN BEFORE THE FORM IS FILED. THE CHAIRMAN (WHO IS ALSO ON THE BOARD OF DIRECTORS) REVIEWS THE FORM. THE APPROVED FORM IS THEN SIGNED BY THE CHAIRMAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0210000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0210000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01334560
IRS990/TotalAssetsEOYAmt01278643
IRS990/TotalAssetsGrp/BOYAmt01334560
IRS990/TotalAssetsGrp/EOYAmt01278643
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0108695
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0685657
IRS990/TotalFunctionalExpensesGrp/TotalAmt0794352
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0569169
IRS990/TotalLiabilitiesEOYAmt0175461
IRS990/TotalLiabilitiesGrp/BOYAmt0569169
IRS990/TotalLiabilitiesGrp/EOYAmt0175461
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0765391
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01103182
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0685657
IRS990/TotalProgramServiceRevenueAmt01115250
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0893
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01115250
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01116143
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01334560
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01278643
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0555391
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0893182
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0C/O JAFFE MGMT 555 8TH AVE STE 1902
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010018
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0WWW.Q-GROUP.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD R LINDSEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum02123191328
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE INSTITUTE FOR QUANTITATIVE RESEARCH
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0IN FINANCE
ReturnHeader/Filer/BusinessNameControlTxt0INST
ReturnHeader/Filer/EIN0223773177
ReturnHeader/Filer/PhoneNum02124963155

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,278,643
Liabilities
$175,461
Net assets
$1,103,182
Revenue
$1,116,143
Expenses
$794,352
Net income
$321,791
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.91$0.18$0.72$0.54$0.72$0.18
2023Detailed filing. Detailed filing data is available for this year.$1.45$0.54$0.91$0.60$0.71$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.53$1.02$0.47$0.65$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.20$0.09$1.11$0.28$0.45$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.46$0.09$1.37$0.55$0.39$0.16
2019Detailed filing. Detailed filing data is available for this year.$1.25$0.01$1.24$0.82$0.72$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.15$0.01$1.14$0.88$0.83$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.28$0.18$1.10$1.12$0.79$0.32
2016Detailed filing. Detailed filing data is available for this year.$1.33$0.57$0.77$1.12$1.02$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.24$0.58$0.66$1.08$0.93$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.14$0.61$0.52$1.05$0.91$0.14
2013Detailed filing. Detailed filing data is available for this year.$1.00$0.62$0.38$0.90$0.95$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.54$0.44$0.86
2011Summary only. Only limited summary data is available for this year.$0.91$0.56$0.35$0.94$0.83$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.51$0.24$0.95