Civic Intelligence

Quest Forward Academy Inc.

990 • Fiscal year 2023 • EIN 81-3810037

Jul 01, 2022 to Jun 30, 2023 • Filed on May 12, 2024

Organization Profilewww.questfoward.academy

View Organization Page

7901 Southpark PlazaLittleton, CO 80120

(303) 962-0025

Siviq Scores

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

Liabilities / Assets

24th percentile

0.02x

Higher debt load relative to assets than 24% of similar nonprofits.

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

Liabilities / Revenue

14th percentile

0.01x

Higher debt load relative to revenue than 14% of similar nonprofits.

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

Net Margin

79th percentile

24%

Higher net margin than 79% of similar nonprofits.

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

Top Officer Pay

92nd percentile

$387,630

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

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

Asset Growth

92nd percentile

69%

Faster asset growth than 92% of similar nonprofits.

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

Revenue Growth

35th percentile

-1.7%

Faster revenue growth than 35% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$4,229,896

Up $1,729,695 (+69%) from 2022

Net Assets

Up

$4,151,109

Up $1,750,244 (+73%) from 2022

Liabilities

Down

$78,787

Down $20,549 (-21%) from 2022

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin79th percentile

Revenue

Down

$7,494,709

Down $130,267 (-1.7%) from 2022

Expenses

Up

$5,676,592

Up $122,004 (+2.2%) from 2022

Net Income

Down

$1,818,117

Down $252,271 (-12%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$10M$5.0M$0-$5.0M-$10MAssets 2017: $460,814Liabilities 2017: $878,200Net Assets 2017: -$417,3862017Assets 2018: $1,219,391Liabilities 2018: $3,381,239Net Assets 2018: -$2,161,8482018Assets 2019: $1,316,733Liabilities 2019: $3,468,429Net Assets 2019: -$2,151,6962019Assets 2020: $1,688,573Liabilities 2020: $6,957,491Net Assets 2020: -$5,268,9182020Assets 2021: $2,430,773Liabilities 2021: $2,100,296Net Assets 2021: $330,4772021Assets 2022: $2,500,201Liabilities 2022: $99,336Net Assets 2022: $2,400,8652022Assets 2023: $4,229,896Liabilities 2023: $78,787Net Assets 2023: $4,151,1092023Assets 2024: $4,069,421Liabilities 2024: $59,821Net Assets 2024: $4,009,6002024

Highlighted filing

2023

Assets$4,229,896
Liabilities$78,787
Net Assets$4,151,109
Open 2023 Filing

Operations Trend

Revenue Growth35th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2017: $0Expenses 2017: $417,386Net Income 2017: -$417,3862017Revenue 2018: $206,882Expenses 2018: $2,224,095Net Income 2018: -$2,017,2132018Revenue 2019: $2,894,338Expenses 2019: $3,024,331Net Income 2019: -$129,9932019Revenue 2020: $486,749Expenses 2020: $3,603,971Net Income 2020: -$3,117,2222020Revenue 2021: $10,105,385Expenses 2021: $4,841,196Net Income 2021: $5,264,1892021Revenue 2022: $7,624,976Expenses 2022: $5,554,588Net Income 2022: $2,070,3882022Revenue 2023: $7,494,709Expenses 2023: $5,676,592Net Income 2023: $1,818,1172023Revenue 2024: $5,226,200Expenses 2024: $5,367,709Net Income 2024: -$141,5092024

Highlighted filing

2023

Revenue$7,494,709
Expenses$5,676,592
Net Income$1,818,117
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 12, 2024
Return Version
2022v5.0
Gross Receipts
$7,494,709
Mission and Program Overview

Mission

See Schedule O. Quest Forward Academy operates private secondary schools using a research-based, technology-powered learning platform teaching traditional academics and life skills through an active, quest-based paradigm. Quest Forward Academy's goal is to provide an effective and efficient learning methodology different than traditional secondary education but condusive to (1) assisting young individuals gain an education, (2) imbuing a life-long quest for knowledge and learning and (3) overcoming any societial limitations students may face including but not limited to low-income or poverty.

Operation of private secondary school(s).

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$100,289$2,187,772▲ $2,087,483
Land, Buildings, and Equipment, Net$2,220,649$2,012,514▼ $208,135
Cash and Non-Interest-Bearing Accounts$170,894$29,610▼ $141,284
Accounts Receivable$3,278$0▼ $3,278
Total Assets$2,500,201$4,229,896▲ $1,729,695
Other Assets Total$5,091--
Liabilities
Other Liabilities$95,618$77,107▼ $18,511
Accounts Payable and Accrued Expenses$3,718$1,680▼ $2,038
Total Liabilities$99,336$78,787▼ $20,549
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,400,865$4,151,109▲ $1,750,244
Total Net Assets Fund Balance$2,400,865$4,151,109▲ $1,750,244
Total Liabilities and Net Assets / Fund Balance$2,500,201$4,229,896▲ $1,729,695

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,833,216$695,465$2,528,681
Equipment$134,743$232,102$366,845
Other Land Buildings$44,555$198,424$242,979
Land$0--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ray RavagliaChief Learning OfficerPT-$387,630$387,630
Michael Brown--$194,465$6,378$200,843
Michael BrownDirector QF OmahaFT$194,465$6,216$200,681
Sheri Simpson--$162,307$6,622$168,929
Sheri SimpsonDirector QF Santa RosaFT$162,307$5,020$167,327

Board Members and Trustees

NameTitle
Alfred LevittPresident and General Counsel
J Joe RickettsDirector and CEO
Ray Ravaglia-

Highest Paid Contractors

ContractorServicesLocationCompensation
RCGH IncRentPO Box 1753, Rohnet Park, CA 94927$375,095
Bellevue UniversityRent1000 Galvin Road South, Bellevue, NE 68005$263,867
Revenue and Support

Revenue Composition

Contributions and Grants
$6,665,000
Program Service Revenue
$797,902
Investment Income
$31,807
Other Revenue
$0
All Other Contributions
$6,665,000
Change in Net Assets
$1,818,117
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,491,453
Other Expenses$2,185,139
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,655,822$0$0$2,655,822
Occupancy$890,138$0$0$890,138
Current Officers, Directors, Trustees, and Key Employees$367,008$0$0$367,008
Depreciation Depletion$243,089$0$0$243,089
Other Employee Benefits$227,532$0$0$227,532
Payroll Taxes$226,067$0$0$226,067
Fees for Services Management$207,383$0$0$207,383
Advertising$198,309$0$0$198,309
Insurance$98,238$0$0$98,238
All Other Expenses$69,300$22,566$0$91,866
Office Expenses$65,885$0$0$65,885
Other Expenses$25,285$0$0$25,285
Pension Plan Contributions$15,024$0$0$15,024
Information Technology$8,610$0$0$8,610
Travel$7,917$0$0$7,917
Fees for Services Legal$0$1,541$0$1,541
Total Functional Expenses$5,652,485$24,107$0$5,676,592
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Common BoardsSee Schedule L.No$0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Improvement Rent Allowance$77,107
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Filing and Contact Details

Filer

Filer Name
Quest Forward Academy Inc
EIN
81-3810037
Phone
3039620025
Address
7901 Southpark Plaza, Littleton, CO 80120
Doing Business As
Quest Forward Academy

Signing Officer

Name
J Joe Ricketts
Title
President and CEO
Phone
3039620025
Signed
2024-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Joe Ricketts
Formed
2016
Legal Domicile
De
Voting Board Members
1
Independent Board Members
0
Employees
62
Volunteers
5

Preparer

Firm
Steven L Christensen
Address
1940 S 200 W Unit 14, Bountiful, UT 84010
Preparer
Steven L Christensen
Phone
5032605288
Supplemental Narrative

Additional Explanations

Pt VI, Line 15B

“HR professionals assoicted with the sole director's home office review and define job positions and determine comparable compensation for similar positions. The HR professionals then make recommendations to the sole director and/or hiring manager regardind compensation for potential candidates. The director/hiring managers then interview candidates and establish compensation bsed on candidates qualifications and H R recommendation.”

Pt VI, Line 15A

“HR professionals assoicted with the sole director's home office review and define job positions and determine comparable compensation for similar positions. The HR professionals then make recommendations to the sole director and/or hiring manager regardind compensation for potential candidates. The director/hiring managers then interview candidates and establish compensation bsed on candidates qualifications and H R recommendation.”

Pt VI, Line 11B

“A draft Form 990 is provided the member of the board of directors prior to filing; thereafter, tax return preparer responses to any questions poised by the board prior to filing return.”

Pt VI, Line 12C

“Officers, directors and key employees are required each year to acknowledge organization's conflict of interest policy and certify compliance with the policy.”

Other

“Part III, Line 1, Organization's Mission. Quest Forward Academy operates private secondary schools using a research-based, technology-powered learning platform teaching traditional academics and life skills through an active, quest-based paradigm. Quest Forward's goal is to provide an effective and efficient learning methodology different from traditional secondary education but condusive to (1) assisting young individuals gain an education, (2) imbuing life-long quest for knowledge and learing, and (3) overcoming any societial limitation students may face including but not limited to low-income and proverty.”

Raw XML AppendixShowing 400 of 687 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03718
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01680
IRS990/AccountsReceivableGrp/BOYAmt03278
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Operation of private secondary school(s).
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt0198309
IRS990/AdvertisingGrp/TotalAmt0198309
IRS990/AllOtherContributionsAmt06665000
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt022566
IRS990/AllOtherExpensesGrp/ProgramServicesAmt069300
IRS990/AllOtherExpensesGrp/TotalAmt091866
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Mark Simmons
IRS990/BooksInCareOfDetail/PhoneNum03039620023
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07901 Southpark Plz Suite 206
IRS990/BooksInCareOfDetail/USAddress/CityNm0Littleton
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080120
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0170894
IRS990/CashNonInterestBearingGrp/EOYAmt029610
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0367008
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0367008
IRS990/CompDisqualPersonsGrp/FundraisingAmt00
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt00
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0263867
IRS990/ContractorCompensationGrp/CompensationAmt1375095
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01000 Galvin Road South
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO Box 1753
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Bellevue
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Rohnet Park
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd068005
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd194927
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0Bellevue University
IRS990/ContractorCompensationGrp/ContractorName/PersonNm1RCGH Inc
IRS990/ContractorCompensationGrp/ServicesDesc0Rent
IRS990/ContractorCompensationGrp/ServicesDesc1Rent
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt06665000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt031807
IRS990/CYOtherExpensesAmt02185139
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0797902
IRS990/CYRevenuesLessExpensesAmt01818117
IRS990/CYSalariesCompEmpBnftPaidAmt03491453
IRS990/CYTotalExpensesAmt05676592
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07494709
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0243089
IRS990/DepreciationDepletionGrp/TotalAmt0243089
IRS990/Desc0Revenues are tuition fees collected from students. Expenses relate to on=going operating expense of owning and operating two secondary schools include such expenses as teacher and administration payroll, occupany, insurance and regulatory compliance expenses.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0Quest Forward Academy
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt062
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt05652485
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01541
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt01541
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0207383
IRS990/FeesForServicesManagementGrp/TotalAmt0207383
IRS990/FeesForServicesProfFundraising/FundraisingAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt217.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt36216
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt45020
IRS990/Form990PartVIISectionAGrp/PersonNm0J Joe Ricketts
IRS990/Form990PartVIISectionAGrp/PersonNm1Alfred Levitt
IRS990/Form990PartVIISectionAGrp/PersonNm2Ray Ravaglia
IRS990/Form990PartVIISectionAGrp/PersonNm3Michael Brown
IRS990/Form990PartVIISectionAGrp/PersonNm4Sheri Simpson
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3194465
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4162307
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2387630
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director and CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1President and General Counsel
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chief Learning Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director QF Omaha
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director QF Santa Rosa
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantAmt0600
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt07494709
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt08610
IRS990/InformationTechnologyGrp/TotalAmt08610
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt098238
IRS990/InsuranceGrp/TotalAmt098238
IRS990/InvestmentIncomeGrp/ExclusionAmt031807
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt031807
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt032
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01125991
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02220649
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02012514
IRS990/LandBldgEquipCostOrOtherBssAmt03138505
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Operation of private secondary school(s).
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02400865
IRS990/NetAssetsOrFundBalancesEOYAmt04151109
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02400865
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04151109
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt0890138
IRS990/OccupancyGrp/TotalAmt0890138
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt065885
IRS990/OfficeExpensesGrp/TotalAmt065885
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05091
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0227532
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0227532
IRS990/OtherExpensesGrp/Desc0Bus and Field Trips
IRS990/OtherExpensesGrp/Desc1Supplies
IRS990/OtherExpensesGrp/Desc2Student Meals
IRS990/OtherExpensesGrp/Desc3Equipment
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0229661
IRS990/OtherExpensesGrp/ProgramServicesAmt167774
IRS990/OtherExpensesGrp/ProgramServicesAmt249443
IRS990/OtherExpensesGrp/ProgramServicesAmt325285
IRS990/OtherExpensesGrp/TotalAmt0229661
IRS990/OtherExpensesGrp/TotalAmt167774
IRS990/OtherExpensesGrp/TotalAmt249443
IRS990/OtherExpensesGrp/TotalAmt325285
IRS990/OtherLiabilitiesGrp/BOYAmt095618
IRS990/OtherLiabilitiesGrp/EOYAmt077107
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02655822
IRS990/OtherSalariesAndWagesGrp/TotalAmt02655822
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0226067
IRS990/PayrollTaxesGrp/TotalAmt0226067
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt015024
IRS990/PensionPlanContributionsGrp/TotalAmt015024
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0J Joe Ricketts
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0797902
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt06651565
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0752
IRS990/PYInvestmentIncomeAmt0289
IRS990/PYOtherExpensesAmt02035807
IRS990/PYProgramServiceRevenueAmt0973122
IRS990/PYRevenuesLessExpensesAmt02070388
IRS990/PYSalariesCompEmpBnftPaidAmt03518029
IRS990/PYTotalExpensesAmt05554588
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07624976
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01818117
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0797902
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100289
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02187772
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0134743
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0232102
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0366845
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01833216
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0695465
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02528681
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt044555
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0198424
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0242979
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt077107
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Improvement Rent Allowance
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02012514
IRS990ScheduleD/TotalLiabilityAmt077107
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt10
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships to attend QFA School in Bellevue, NE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Scholarships to attend QFA School in Santa Rosa, CA
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0882635
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt11196542
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Scholarships granted by QFA to cover tuition and fees to attend school.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc1Scholarships granted by QFA to cover tuition adn other fees to attend school.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt096
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt177
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Other-forgone tuition and fees
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1Other - forgone tution and fees
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1194465
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2162307
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0387630
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt16216
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt25020
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt1162
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt21602
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Ray Ravaglia
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Michael Brown
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Sheri Simpson
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,229,896
Liabilities
$78,787
Net assets
$4,151,109
Revenue
$7,494,709
Expenses
$5,676,592
Net income
$1,818,117
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.07$0.06$4.01$5.23$5.37$0.14
2023Detailed filing. Detailed filing data is available for this year.$4.23$0.08$4.15$7.49$5.68$1.82
2022Detailed filing. Detailed filing data is available for this year.$2.50$0.10$2.40$7.62$5.55$2.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$2.10$0.33$10.1$4.84$5.26
2020Detailed filing. Detailed filing data is available for this year.$1.69$6.96$5.27$0.49$3.60$3.12
2019Summary only. Only limited summary data is available for this year.$1.32$3.47$2.15$2.89$3.02$0.13
2018Summary only. Only limited summary data is available for this year.$1.22$3.38$2.16$0.21$2.22$2.02
2017Summary only. Only limited summary data is available for this year.$0.46$0.88$0.42$0.00$0.42$0.42