Civic Intelligence

Quick Reaction Fund

990EZ • Fiscal year 2021 • EIN 47-1306797

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 08, 2022

24800 Interstate 45 North Ste 100The Woodlands, TX 77386

(832) 928-4780

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.04x

Higher debt load relative to assets than 72% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

94th percentile

0.88x

Higher debt load relative to revenue than 94% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

3rd percentile

-341%

Higher net margin than 3% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

24th percentile

-12%

Faster asset growth than 24% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Assets

Down

$83,218

Down $10,904 (-12%) from 2020

Net Assets

Down

$79,714

Down $13,625 (-15%) from 2020

Liabilities

Up

$3,504

Up $2,721 (+348%) from 2020

Revenue

Up

$4,000

Up $4,000 from 2020

Expenses

Down

$17,625

Down $54,190 (-75%) from 2020

Net Income

Up

-$13,625

Up $58,190 (+81%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $12,575Liabilities 2014: $0Net Assets 2014: $12,5752014Assets 2015: $308,496Liabilities 2015: $0Net Assets 2015: $308,4962015Assets 2016: $303,121Liabilities 2016: $0Net Assets 2016: $303,1212016Assets 2017: $216,903Liabilities 2017: $02017Assets 2018: $146,289Liabilities 2018: $02018Assets 2019: $165,154Liabilities 2019: $0Net Assets 2019: $165,1542019Assets 2020: $94,122Liabilities 2020: $783Net Assets 2020: $93,3392020Assets 2021: $83,218Liabilities 2021: $3,504Net Assets 2021: $79,7142021Assets 2022: $44,541Liabilities 2022: $3,254Net Assets 2022: $41,2872022Assets 2023: $34,190Net Assets 2023: $34,1902023

Highlighted filing

2021

Assets$83,218
Liabilities$3,504
Net Assets$79,714

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $12,600Expenses 2014: $25Net Income 2014: $12,5752014Revenue 2015: $410,674Expenses 2015: $114,753Net Income 2015: $295,9212015Revenue 2016: $69,300Expenses 2016: $74,716Net Income 2016: -$5,4162016Revenue 2017: $86,050Expenses 2017: $172,268Net Income 2017: -$86,2182017Revenue 2018: $17,450Expenses 2018: $88,064Net Income 2018: -$70,6142018Revenue 2019: $50,000Expenses 2019: $31,135Net Income 2019: $18,8652019Revenue 2020: $0Expenses 2020: $71,815Net Income 2020: -$71,8152020Revenue 2021: $4,000Expenses 2021: $17,625Net Income 2021: -$13,6252021Revenue 2022: $0Expenses 2022: $38,427Net Income 2022: -$38,4272022Revenue 2023: $101,700Expenses 2023: $108,797Net Income 2023: -$7,0972023

Highlighted filing

2021

Revenue$4,000
Expenses$17,625
Net Income-$13,625
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 8, 2022
Return Version
2021v4.0
Gross Receipts
$4,000
Mission and Program Overview

Mission

Quick reaction foundation (qrf) is a non-profit organization founded by veterans to provide rapid response to the developing needs of elite operators and their families from within select u.s. Special operations command ("ussocom") teams. Qrf identifies niche areas of giving that are overlooked and underserved, which when remedied, will materially increase the quality of life for service members and their families.

Program Services

DescriptionGrantsExpenses
GOLDEN GIVING GOLD STAR FAMILIES ARE THOSE WHO HAVE MADE THE ULTIMATE SACRIFICE: LOSING THEIR LOVED ONE IN COMBAT. FAMILIES FIND THEMSELVES IN FINANCIAL STRAIGHTS DUE TO UNEXPECTED COSTS AND NEEDS NOT MET THROUGH OTHER AGENCIES. QRF WILL BRIDGE THIS GAP BY PROVIDING EMERGENCY ASSISTANCE FOR UNEXPECTED HEALTH, WELFARE, OR MAINTEANCE OF FAMILIES OF SPECIAL OPERATION WARRIORS WHO LOST THEIR LIFE DURING OR AFTER SERVICE.$16,861$16,861
MILITARY SCIENCES QRF FACILITATES THE INCLUSION OF SPECIAL OPERATION WARRIORS IN SELECT MEDICAL RESEARCH AND TRAINING PROGRAMS. THE FINDINGS FROM THESE STUDIES ARE INTENDED TO HELP EDUCATE, TRAIN AND ENHANCE THE FUTURE CAPABILIEIS AND QUALITY OF LIFE OF THE SPECIAL OPERATIONS COMMUNITY AND MEDICAL COMMUNITY AT LARGE. LEGACY STUDY WE HAVE PARTNERED WITH LEADING NEUROSCIENTISTS FROM THE MCNAIR MEDICAL INSTITUTE AND OTHER FINE INSTITUTIONS TO CHARACTERIZE THE HISTORICAL, COGNITIVE, NEURAL AND GENETIC ATTRIBUTES OF TOP PERFORMERS ABND THEIR SPOUSES INCLUDING WORLD LEADERS, EXECUTIVES, AND SPECIAL OPERATION WARRIORS. CONCUSSIVE EXHAUSTION STUDY IN ADDITION, WE ARE WORKING WITH THE NEUROSCIENTISTS TO STUDY, DIAGNOSE, AND TREAT HORMONAL DEFICIENCIES (LIKE LOW TESTOSTERONE) THAT RESULT FROM CONCUSSIONS AND OTHER BRAIN TRAUMA IN SPECIAL OPERATION WARRIORS.--
PATRIOT M.D. YEARS OF COMBAT AND TRAINING HAVE TAKEN A PHYSICAL TOLL ON SPECIAL OPERATION WARRIORS IN UNIQUE AND CHALLENGING WAYS. THE QRF WILL PARTNER WITH PHYSICIONS, SURGEONS, AND HEALTHCARE SYSTEMS TO FACILITATE SURGERIES ON NON LFE-THREATENING INJURIES THAT WILL MATERIALLY INCREASE THEIR QUALITY OF LIFE. THE QRF WILL INCUR ALL TRAVEL-RELATED EXPENSES FOR BENEFICIARIES AND THEIR FAMILIES. QRF HOUSE QRF WILL MAINTAIN A HOME AT BLUEJACK NATIONAL IN PINEHURST, TEXAS. THE QRF HOUSE WILL BE USED BY SERVICE MEMBERS AND THEIR FAMILIES FOR RECOVERY AFTER DISCHARGE FROM MEDICAL FACILITIES, GOLD STAR FAMILIES AS A PLACE TO GRIEVE UPON THE LOSS OF A LOVED ONE, AND SERVICE MEMBERS AND GOLD STAR FAMILIEIS FOR MORAL WELFARE RECREATION. THE QRF HOUSE WILL BE DECORATED WITH SEAL MEMORABILIA PROVIDED FROM THE PERSONAL COLLECTIONS OF NAVY SEALS ACCUMULATED OVER DECADES OF SERVICE.--
MILITARY ORGANIZATION PARTNERSHIPS QUICK REACTION FOUNDATION HAS PARTNERED WITH OTHER 501(C)(3) ORGANIZATIONS THAT SERVE VETERANS AND FAMILIES OF VETERANS. QRF FEELS IT IS IMPORTANT TO SUPPORT ORGANIZATIONS THAT ARE ALSO WORKING TOWARDS MATERIALLY INCREASING THE QUALITY OF LIFE FOR SERVICE MEMBERS AND THEIR FAMILIES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CLAYTON R HAGERMANChairman-$0--
ROBERT SINNOTTBoard Member-$0--
GARRETT GOLDENBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Quick Reaction Foundation
EIN
47-1306797
Phone
8329284780
Address
24800 INTERSTATE 45 NORTH STE 100, THE WOODLANDS, TX 77386

Signing Officer

Name
Clayton R Hagerman
Title
Chairman
Phone
8329284780
Signed
2022-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Peerless CFO Services
Address
2170 BUCKTHORNE PLACE STE 400, SPRING, TX 77380
Preparer
Janet Long CPA
Phone
2814664670
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Cash contribution: 16,861

Form 990-ez, Part I, Line 16

Expenses bank charges 99 total 99

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 783 0 credit card payable 0 3,504

Form 990-ez, Part III

Quick reaction foundation (qrf) is a non-profit organization founded by veterans to provide rapid response to the developing needs of elite operators and their families from within select u.s. Special operations command ("ussocom") teams. Qrf identifies niche areas of giving that are overlooked and underserved, which when remedied, will materially increase the quality of life for service members and their families.

Form 990-ez, Part III, Line 28

Military sciences qrf facilitates the inclusion of special operation warriors in select medical research and training programs. The findings from these studies are intended to help educate, train and enhance the future capabilieis and quality of life of the special operations community and medical community at large. Legacy study we have partnered with leading neuroscientists from the mcnair medical institute and other fine institutions to characterize the historical, cognitive, neural and genetic attributes of top performers abnd their spouses including world leaders, executives, and special operation warriors. Concussive exhaustion study in addition, we are working with the neuroscientists to study, diagnose, and treat hormonal deficiencies (like low testosterone) that result from concussions and other brain trauma in special operation warriors.

Form 990-ez, Part III, Line 29

Patriot m.d. Years of combat and training have taken a physical toll on special operation warriors in unique and challenging ways. The qrf will partner with physicions, surgeons, and healthcare systems to facilitate surgeries on non lfe-threatening injuries that will materially increase their quality of life. The qrf will incur all travel-related expenses for beneficiaries and their families. Qrf house qrf will maintain a home at bluejack national in pinehurst, texas. The qrf house will be used by service members and their families for recovery after discharge from medical facilities, gold star families as a place to grieve upon the loss of a loved one, and service members and gold star familieis for moral welfare recreation. The qrf house will be decorated with seal memorabilia provided from the personal collections of navy seals accumulated over decades of service.

Form 990-ez, Part III, Line 30

Golden giving gold star families are those who have made the ultimate sacrifice: losing their loved one in combat. Families find themselves in financial straights due to unexpected costs and needs not met through other agencies. Qrf will bridge this gap by providing emergency assistance for unexpected health, welfare, or mainteance of families of special operation warriors who lost their life during or after service.

Form 990-ez, Part III, Line 31

Military organization partnerships quick reaction foundation has partnered with other 501(c)(3) organizations that serve veterans and families of veterans. Qrf feels it is important to support organizations that are also working towards materially increasing the quality of life for service members and their families.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PATRIOT M.D. YEARS OF COMBAT AND TRAINING HAVE TAKEN A PHYSICAL TOLL ON SPECIAL OPERATION WARRIORS IN UNIQUE AND CHALLENGING WAYS. THE QRF WILL PARTNER WITH PHYSICIONS, SURGEONS, AND HEALTHCARE SYSTEMS TO FACILITATE SURGERIES ON NON LFE-THREATENING INJURIES THAT WILL MATERIALLY INCREASE THEIR QUALITY OF LIFE. THE QRF WILL INCUR ALL TRAVEL-RELATED EXPENSES FOR BENEFICIARIES AND THEIR FAMILIES. QRF HOUSE QRF WILL MAINTAIN A HOME AT BLUEJACK NATIONAL IN PINEHURST, TEXAS. THE QRF HOUSE WILL BE USED BY SERVICE MEMBERS AND THEIR FAMILIES FOR RECOVERY AFTER DISCHARGE FROM MEDICAL FACILITIES, GOLD STAR FAMILIES AS A PLACE TO GRIEVE UPON THE LOSS OF A LOVED ONE, AND SERVICE MEMBERS AND GOLD STAR FAMILIEIS FOR MORAL WELFARE RECREATION. THE QRF HOUSE WILL BE DECORATED WITH SEAL MEMORABILIA PROVIDED FROM THE PERSONAL COLLECTIONS OF NAVY SEALS ACCUMULATED OVER DECADES OF SERVICE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2GOLDEN GIVING GOLD STAR FAMILIES ARE THOSE WHO HAVE MADE THE ULTIMATE SACRIFICE: LOSING THEIR LOVED ONE IN COMBAT. FAMILIES FIND THEMSELVES IN FINANCIAL STRAIGHTS DUE TO UNEXPECTED COSTS AND NEEDS NOT MET THROUGH OTHER AGENCIES. QRF WILL BRIDGE THIS GAP BY PROVIDING EMERGENCY ASSISTANCE FOR UNEXPECTED HEALTH, WELFARE, OR MAINTEANCE OF FAMILIES OF SPECIAL OPERATION WARRIORS WHO LOST THEIR LIFE DURING OR AFTER SERVICE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3MILITARY ORGANIZATION PARTNERSHIPS QUICK REACTION FOUNDATION HAS PARTNERED WITH OTHER 501(C)(3) ORGANIZATIONS THAT SERVE VETERANS AND FAMILIES OF VETERANS. QRF FEELS IT IS IMPORTANT TO SUPPORT ORGANIZATIONS THAT ARE ALSO WORKING TOWARDS MATERIALLY INCREASING THE QUALITY OF LIFE FOR SERVICE MEMBERS AND THEIR FAMILIES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 16,861
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES BANK CHARGES 99 TOTAL 99
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3QUICK REACTION FOUNDATION (QRF) IS A NON-PROFIT ORGANIZATION FOUNDED BY VETERANS TO PROVIDE RAPID RESPONSE TO THE DEVELOPING NEEDS OF ELITE OPERATORS AND THEIR FAMILIES FROM WITHIN SELECT U.S. SPECIAL OPERATIONS COMMAND ("USSOCOM") TEAMS. QRF IDENTIFIES NICHE AREAS OF GIVING THAT ARE OVERLOOKED AND UNDERSERVED, WHICH WHEN REMEDIED, WILL MATERIALLY INCREASE THE QUALITY OF LIFE FOR SERVICE MEMBERS AND THEIR FAMILIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MILITARY SCIENCES QRF FACILITATES THE INCLUSION OF SPECIAL OPERATION WARRIORS IN SELECT MEDICAL RESEARCH AND TRAINING PROGRAMS. THE FINDINGS FROM THESE STUDIES ARE INTENDED TO HELP EDUCATE, TRAIN AND ENHANCE THE FUTURE CAPABILIEIS AND QUALITY OF LIFE OF THE SPECIAL OPERATIONS COMMUNITY AND MEDICAL COMMUNITY AT LARGE. LEGACY STUDY WE HAVE PARTNERED WITH LEADING NEUROSCIENTISTS FROM THE MCNAIR MEDICAL INSTITUTE AND OTHER FINE INSTITUTIONS TO CHARACTERIZE THE HISTORICAL, COGNITIVE, NEURAL AND GENETIC ATTRIBUTES OF TOP PERFORMERS ABND THEIR SPOUSES INCLUDING WORLD LEADERS, EXECUTIVES, AND SPECIAL OPERATION WARRIORS. CONCUSSIVE EXHAUSTION STUDY IN ADDITION, WE ARE WORKING WITH THE NEUROSCIENTISTS TO STUDY, DIAGNOSE, AND TREAT HORMONAL DEFICIENCIES (LIKE LOW TESTOSTERONE) THAT RESULT FROM CONCUSSIONS AND OTHER BRAIN TRAUMA IN SPECIAL OPERATION WARRIORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PATRIOT M.D. YEARS OF COMBAT AND TRAINING HAVE TAKEN A PHYSICAL TOLL ON SPECIAL OPERATION WARRIORS IN UNIQUE AND CHALLENGING WAYS. THE QRF WILL PARTNER WITH PHYSICIONS, SURGEONS, AND HEALTHCARE SYSTEMS TO FACILITATE SURGERIES ON NON LFE-THREATENING INJURIES THAT WILL MATERIALLY INCREASE THEIR QUALITY OF LIFE. THE QRF WILL INCUR ALL TRAVEL-RELATED EXPENSES FOR BENEFICIARIES AND THEIR FAMILIES. QRF HOUSE QRF WILL MAINTAIN A HOME AT BLUEJACK NATIONAL IN PINEHURST, TEXAS. THE QRF HOUSE WILL BE USED BY SERVICE MEMBERS AND THEIR FAMILIES FOR RECOVERY AFTER DISCHARGE FROM MEDICAL FACILITIES, GOLD STAR FAMILIES AS A PLACE TO GRIEVE UPON THE LOSS OF A LOVED ONE, AND SERVICE MEMBERS AND GOLD STAR FAMILIEIS FOR MORAL WELFARE RECREATION. THE QRF HOUSE WILL BE DECORATED WITH SEAL MEMORABILIA PROVIDED FROM THE PERSONAL COLLECTIONS OF NAVY SEALS ACCUMULATED OVER DECADES OF SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOLDEN GIVING GOLD STAR FAMILIES ARE THOSE WHO HAVE MADE THE ULTIMATE SACRIFICE: LOSING THEIR LOVED ONE IN COMBAT. FAMILIES FIND THEMSELVES IN FINANCIAL STRAIGHTS DUE TO UNEXPECTED COSTS AND NEEDS NOT MET THROUGH OTHER AGENCIES. QRF WILL BRIDGE THIS GAP BY PROVIDING EMERGENCY ASSISTANCE FOR UNEXPECTED HEALTH, WELFARE, OR MAINTEANCE OF FAMILIES OF SPECIAL OPERATION WARRIORS WHO LOST THEIR LIFE DURING OR AFTER SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MILITARY ORGANIZATION PARTNERSHIPS QUICK REACTION FOUNDATION HAS PARTNERED WITH OTHER 501(C)(3) ORGANIZATIONS THAT SERVE VETERANS AND FAMILIES OF VETERANS. QRF FEELS IT IS IMPORTANT TO SUPPORT ORGANIZATIONS THAT ARE ALSO WORKING TOWARDS MATERIALLY INCREASING THE QUALITY OF LIFE FOR SERVICE MEMBERS AND THEIR FAMILIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 31
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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