Civic Intelligence

Perinatal Quality Foundation

990 • Fiscal year 2021 • EIN 77-0653781

Jan 01, 2021 to Dec 31, 2021 • Filed on May 16, 2022

PO Box 21803Oklahoma City, OK 73156

(866) 582-2755

Siviq Scores

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

Liabilities / Assets

77th percentile

0.33x

Higher debt load relative to assets than 77% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

73rd percentile

0.31x

Higher debt load relative to revenue than 73% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

63rd percentile

20%

Higher net margin than 63% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

91st percentile

$209,096

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 17.7% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

77th percentile

29%

Faster asset growth than 77% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

52nd percentile

14%

Faster revenue growth than 52% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,100,516

Up $247,052 (+29%) from 2020

Net Assets

Up

$732,382

Up $240,950 (+49%) from 2020

Liabilities

Up

$368,134

Up $6,102 (+1.7%) from 2020

Revenue

Up

$1,178,169

Up $147,715 (+14%) from 2020

Expenses

Down

$937,219

Down $42,662 (-4.4%) from 2020

Net Income

Up

$240,950

Up $190,377 (+376%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $376,857Liabilities 2010: $469,487Net Assets 2010: -$92,6302010Assets 2011: $491,274Liabilities 2011: $420,966Net Assets 2011: $70,3082011Assets 2012: $712,105Liabilities 2012: $382,722Net Assets 2012: $329,3832012Assets 2013: $973,521Liabilities 2013: $382,722Net Assets 2013: $590,7992013Assets 2014: $731,000Liabilities 2014: $250,332Net Assets 2014: $480,6682014Assets 2015: $965,435Liabilities 2015: $261,505Net Assets 2015: $703,9302015Assets 2016: $751,621Liabilities 2016: $201,109Net Assets 2016: $550,5122016Assets 2017: $524,427Liabilities 2017: $130,026Net Assets 2017: $394,4012017Assets 2018: $457,955Liabilities 2018: $137,807Net Assets 2018: $320,1482018Assets 2019: $636,937Liabilities 2019: $196,078Net Assets 2019: $440,8592019Assets 2020: $853,464Liabilities 2020: $362,032Net Assets 2020: $491,4322020Assets 2021: $1,100,516Liabilities 2021: $368,134Net Assets 2021: $732,3822021Assets 2022: $1,389,736Liabilities 2022: $428,909Net Assets 2022: $960,8272022Assets 2023: $1,171,436Liabilities 2023: $307,523Net Assets 2023: $863,9132023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2021

Assets$1,100,516
Liabilities$368,134
Net Assets$732,382

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $386,7512010Revenue 2011: $641,412Expenses 2011: $478,475Net Income 2011: $162,9372011Expenses 2012: $533,1912012Revenue 2013: $792,266Expenses 2013: $530,850Net Income 2013: $261,4162013Revenue 2014: $803,882Expenses 2014: $807,693Net Income 2014: -$3,8112014Revenue 2015: $1,061,656Expenses 2015: $838,394Net Income 2015: $223,2622015Revenue 2016: $1,014,888Expenses 2016: $1,168,306Net Income 2016: -$153,4182016Revenue 2017: $1,059,512Expenses 2017: $1,155,623Net Income 2017: -$96,1112017Revenue 2018: $1,084,110Expenses 2018: $1,122,985Net Income 2018: -$38,8752018Revenue 2019: $1,151,410Expenses 2019: $1,040,223Net Income 2019: $111,1872019Revenue 2020: $1,030,454Expenses 2020: $979,881Net Income 2020: $50,5732020Revenue 2021: $1,178,169Expenses 2021: $937,219Net Income 2021: $240,9502021Revenue 2022: $981,262Expenses 2022: $752,817Net Income 2022: $228,4452022Revenue 2023: $568,098Expenses 2023: $685,484Net Income 2023: -$117,3862023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2021

Revenue$1,178,169
Expenses$937,219
Net Income$240,950
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 16, 2022
Return Version
2021v4.2
Gross Receipts
$1,182,737
Mission and Program Overview

Mission

Improve the quality of maternal fetal medicine clinical services by providing state of the art evidence-based educational programs and statistically valid monitoring systems to evaluate current practices and facilitate the transistion of an emerging technology into clinical care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$507,204$756,021▲ $248,817
Savings and Temporary Cash Investments$323,915$325,672▲ $1,757
Accounts Receivable$15,000$15,000→ $0
Land, Buildings, and Equipment, Net$7,345$3,823▼ $3,522
Total Assets$853,464$1,100,516▲ $247,052
Liabilities
Other Liabilities$232,343$364,395▲ $132,052
Unsecured Notes Loans Payable$126,900--
Accounts Payable and Accrued Expenses$2,789$3,739▲ $950
Total Liabilities$362,032$368,134▲ $6,102
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$491,432$732,382▲ $240,950
Total Net Assets Fund Balance$491,432$732,382▲ $240,950
Total Liabilities and Net Assets / Fund Balance$853,464$1,100,516▲ $247,052

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,823$21,270$25,093
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jean Lea SpitzExecutive DirectorSecretaryFT$193,009$16,087$209,096
Gregory TolandWebsite ManagerFT$142,902$15,220$158,122

Board Members and Trustees

NameTitle
Bryann BromleyPresident
Lorraine DugoffVice President
Alison CahillDirector
Brian IriyeDirector
Britton RinkDirector
Connie GravesDirector
Michael HouseDirector
Mike NageotteDirector
Renee ChardDirector
Rupsa BoeligDirector
Jennifer McIntoshTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$170,270
Program Service Revenue
$883,811
Investment Income
$-2,812
Other Revenue
$126,900
All Other Contributions
$170,270
Change in Net Assets
$240,950

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,178,169
Total Revenue per Audited Statements
$1,178,169
Total Revenue per Form 990
$1,178,169
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$721,541
Other Expenses$215,678
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$367,818$44,817-$412,635
Current Officers, Directors, Trustees, and Key Employees$135,106$57,903-$193,009
Conferences and Meetings-$53,448-$53,448
Other Expenses$49,511$525-$50,036
Payroll Taxes$37,933$7,210-$45,143
Other Employee Benefits$36,492$5,941-$42,433
Pension Plan Contributions$23,678$4,643-$28,321
All Other Expenses$602$21,870-$22,472
Office Expenses$19,570$1,960-$21,530
Insurance$20,032--$20,032
Fees for Services Accounting-$7,905-$7,905
Fees for Services Other$4,800--$4,800
Depreciation Depletion-$3,637-$3,637
Travel-$1,368-$1,368
Total Functional Expenses$725,992$211,227$0$937,219

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$937,219
Total Expenses per Audited Statements$937,219
Total Expenses per Form 990$937,219
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits payable$364,395
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Management duties delegation Part VI line 3

Jean Lea Spitz, MPH, RDMS, employed by Nextep Business Solutions VI, Inc. (an Oklahoma Based Corporation), under guidance from PQF Board of Directors, assumes overall responsiblity for Foundation activities and direction. She holds the position of Chief Executive Officer of the Foundation and serves as Secretary on the Board of Directors. She provides administrative support for the board, committees and courses. She directs the activities of other staff members and consultants. She is responsible for program development and distribution and for budget development and implementation.

Form 990 governing body review Part VI line 11

The Board of Directors reviewed the 990 prior to filing.

Conflict of interest policy compliance Part VI line 12C

Each director, principal officer, and member of a committee with Board delegated powers shall annually sign a statement which affirms such person: has received a copy of the conflicts of interest policy; has read and understands the policy; and has agreed to comply with the policy; understands the corporation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

CEO executive director top management comp Part VI line 15A

In establishing appropriate compensation levels, whether as employees or under contractual arrangements, for an individual who is a director, officer, member of a committee with Board-delegated powers, or anyone else exercising substantial influence over the Foundation, in addition to complying with the other provisions of these bylaws, the Board or compensation committee shall: exclude members who receive directly or indirectly any portion of their income from the corporation; rely on appropriate comparative data, including comparable agreements in similar organizations; compensation levels for similar positions in both exempt and taxable organizations; and regional economic data, and document the basis upon which it relies for its compensation determinations.

Other officer or key employee compensation Part VI line 15B

See expanation O15 above.

Governing documents etc available to public Part VI line 19

The Organization makes its governing documents and conflict of interest policy available to the public if and to the extent required to do so because of their having been attached to a government filing requiring such disclosure.

Filing and Contact Details

Filer

Filer Name
Perinatal Quality Foundation
EIN
77-0653781
Address
PO Box 21803, Oklahoma City, OK 73156

Signing Officer

Name
Jean L Spitz
Title
CEO
Phone
4057536534
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
Ok
Voting Board Members
11
Independent Board Members
11
Employees
5

Preparer

Firm
dwg inc
Address
1912 N Drexel Blvd, Oklahoma City, OK 73107
Preparer
David W Gandall CFE CPA
Phone
4059490189
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Statician $ 17,300IT Consulting 37,853Website Consulting 99,911Marketing/Development 10,728

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.17$0.31$0.86$0.57$0.69$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.39$0.43$0.96$0.98$0.75$0.23
2021Detailed filing. Detailed filing data is available for this year.$1.10$0.37$0.73$1.18$0.94$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.36$0.49$1.03$0.98$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.64$0.20$0.44$1.15$1.04$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.46$0.14$0.32$1.08$1.12$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.52$0.13$0.39$1.06$1.16$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.75$0.20$0.55$1.01$1.17$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.97$0.26$0.70$1.06$0.84$0.22
2014Detailed filing. Detailed filing data is available for this year.$0.73$0.25$0.48$0.80$0.81$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.97$0.38$0.59$0.79$0.53$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.38$0.33$0.53
2011Summary only. Only limited summary data is available for this year.$0.49$0.42$0.07$0.64$0.48$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.47$0.09$0.39