Civic Intelligence

Qm Quality Matters Inc

990 • Fiscal year 2023 • EIN 46-5503339

Jan 01, 2023 to Dec 31, 2023

Annapolis, MD
Siviq Scores

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

Liabilities / Assets

78th percentile

0.46x

Higher debt load relative to assets than 78% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

74th percentile

0.51x

Higher debt load relative to revenue than 74% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

33rd percentile

-2.1%

Higher net margin than 33% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2023

Asset Growth

12th percentile

-7.3%

Faster asset growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

30th percentile

-5.7%

Faster revenue growth than 30% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Down

$7,563,431

Down $598,852 (-7.3%) from 2022

Net Assets

Down

$4,093,948

Down $144,936 (-3.4%) from 2022

Liabilities

Down

$3,469,483

Down $453,916 (-12%) from 2022

Revenue

Down

$6,752,515

Down $410,499 (-5.7%) from 2022

Expenses

Down

$6,897,451

Down $132,557 (-1.9%) from 2022

Net Income

Down

-$144,936

Down $277,942 (-209%) from 2022

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2014: $1,820,493Liabilities 2014: $1,696,954Net Assets 2014: $123,5392014Assets 2015: $2,310,013Liabilities 2015: $1,922,814Net Assets 2015: $387,1992015Assets 2016: $2,611,106Liabilities 2016: $2,129,779Net Assets 2016: $481,3272016Assets 2017: $3,233,595Liabilities 2017: $2,511,534Net Assets 2017: $722,0612017Assets 2018: $3,700,281Liabilities 2018: $2,643,664Net Assets 2018: $1,056,6172018Assets 2019: $4,043,365Liabilities 2019: $2,853,467Net Assets 2019: $1,189,8982019Assets 2020: $7,257,264Liabilities 2020: $4,360,562Net Assets 2020: $2,896,7022020Assets 2021: $8,152,330Liabilities 2021: $4,046,452Net Assets 2021: $4,105,8782021Assets 2022: $8,162,283Liabilities 2022: $3,923,399Net Assets 2022: $4,238,8842022Assets 2023: $7,563,431Liabilities 2023: $3,469,483Net Assets 2023: $4,093,9482023Assets 2024: $6,742,270Liabilities 2024: $3,170,804Net Assets 2024: $3,571,4662024

Highlighted filing

2023

Assets$7,563,431
Liabilities$3,469,483
Net Assets$4,093,948

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2014: $2,051,039Expenses 2014: $1,927,500Net Income 2014: $123,5392014Revenue 2015: $4,151,671Expenses 2015: $3,888,011Net Income 2015: $263,6602015Revenue 2016: $4,468,148Expenses 2016: $4,374,020Net Income 2016: $94,1282016Revenue 2017: $4,648,754Expenses 2017: $4,408,020Net Income 2017: $240,7342017Revenue 2018: $5,120,574Expenses 2018: $4,786,018Net Income 2018: $334,5562018Revenue 2019: $5,186,279Expenses 2019: $5,052,998Net Income 2019: $133,2812019Revenue 2020: $7,473,612Expenses 2020: $5,766,808Net Income 2020: $1,706,8042020Revenue 2021: $7,486,127Expenses 2021: $6,276,951Net Income 2021: $1,209,1762021Revenue 2022: $7,163,014Expenses 2022: $7,030,008Net Income 2022: $133,0062022Revenue 2023: $6,752,515Expenses 2023: $6,897,451Net Income 2023: -$144,9362023Revenue 2024: $5,944,312Expenses 2024: $6,466,794Net Income 2024: -$522,4822024

Highlighted filing

2023

Revenue$6,752,515
Expenses$6,897,451
Net Income-$144,936
Filing Detail Status

This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Mission and Program Overview

Mission

To promote and improve the quality of online education and student learning through: 1. Development of research-supported, best (continued on schedule o) practice-based quality standards and appropriate evaluation tools and procedures. 2. Recognition as experts in online education quality assurance and evaluation.3. Fostering institutional acceptance and integration of qm standards and processes into organizational improvement efforts focused on improving the quality of online education.4. Provision of faculty development training in the use of qm rubric(s) and other quality practices to improve the quality of online/hybrid courses.5. Provision of quality assurance through the recognition of quality in online education.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $5M-$10M nonprofits