Civic Intelligence

The Q Fund Inc

990 • Fiscal year 2012 • EIN 93-1323840

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 09, 2013

94 Latitude LaneSuite29464
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Balance Sheet

Assets

Flat

$575,854

Flat from 2012

Net Assets

Flat

$574,478

Flat from 2012

Liabilities

Flat

$1,376

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$505,790

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $662,297Liabilities 2011: $0Net Assets 2011: $662,2972011Assets 2012: $575,854Liabilities 2012: $1,376Net Assets 2012: $574,4782012Assets 2012: $575,854Liabilities 2012: $1,376Net Assets 2012: $574,4782012Assets 2013: $402,679Liabilities 2013: $220Net Assets 2013: $402,4592013Assets 2014: $122,651Liabilities 2014: $6,6402014Assets 2015: $0Net Assets 2015: $02015

Highlighted filing

2012

Assets$575,854
Liabilities$1,376
Net Assets$574,478

Operations Trend

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

$600K$400K$200K$0-$200K-$400KExpenses 2011: $502,4202011Expenses 2012: $505,7902012Revenue 2012: $399,423Expenses 2012: $505,790Net Income 2012: -$106,3672012Revenue 2013: $276,997Expenses 2013: $447,329Net Income 2013: -$170,3322013Revenue 2014: $21,064Expenses 2014: $311,423Net Income 2014: -$290,3592014Revenue 2015: $19,750Expenses 2015: $134,033Net Income 2015: -$114,2832015

Highlighted filing

2012

Revenue-
Expenses$505,790
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Aug 9, 2013
Return Version
2012v2.1
Gross Receipts
$441,444
Mission and Program Overview

Mission

To partner with communities in turmoil and build school-centered, self-sustaining environments that nurture, educate, and empower vulnerable children.

Major Activities

Activity 2
The q fund also helped to fund improvements to the ngererit school in the rift valley, kenya.
Activity 3
The q fund sponsored children from nairobi chidren's home in kenya to attend boarding school.
Filing and Contact Details

Filer

EIN
93-1323840
Raw XML AppendixShowing 400 of 484 raw XML fields

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IRS990/Activity2/Description0THE Q FUND ALSO HELPED TO FUND IMPROVEMENTS TO THE NGERERIT SCHOOL IN THE RIFT VALLEY, KENYA.
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IRS990/Activity3/Description0THE Q FUND SPONSORED CHILDREN FROM NAIROBI CHIDREN'S HOME IN KENYA TO ATTEND BOARDING SCHOOL.
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IRS990/Description0BY PROVIDING ACCESS TO FREE EDUCATION, THE Q FUND ASSISTS APPROXIMATELY 450 ORPHANED AND VULNERABLE CHILDREN (OVCS) IN ONE OF THE MOST IMPOVERISHED AREAS OF NDOLA, ZAMBIA, AFRICA WHERE FAMILIES AND COMMUNITIES HAVE BEEN RAVAGED BY THE HIV VIRUS. THE Q FUND PROVIDED FUNDS TO OPERATE AND EXPAND CHIMOZA COMMUNITY SCHOOL, FOUNDED BY THE Q FUND IN 2003, BY BUILDING BLOCKS OF CLASSROOMS, TEACHER OFFICES AND FLUSHING TOILETS, IN ADDITION TO PAYING TEACHER AND STAFF WAGES, PROVIDING A DAILY LUNCH TO STUDENTS, PURCHASING DESKS, TEXTBOOKS, UNIFORMS, SHOES AND SCHOOL SUPPLIES, SPONSORING SPORTS PROGRAMS AND ACCESS TO CLEAN WATER (ALSO FREELY AVAILABLE TO COMMUNITY MEMBERS). THE SCHOOL CURRENTLY OFFERS PRESCHOOL THROUGH GRADE 9 EDUCATION AND WITHOUT THE Q FUND'S SUPPORT, THESE CHILDREN WOULD NOT RECEIVE AN EDUCATION DUE TO LACK OF MONEY FOR SCHOOL FEES, UNIFORMS, SUPPLIES AND OTHER GOVERNMENT SCHOOL STIPULATED FEES. THE SCHOOL ADDITIONALLY OFFERS FREE EVENING ADULT EDUCATION PROGRAMS TO LOCAL COMMUNITY MEMBERS.
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IRS990ScheduleA/GeneralExplanation0Line 14 and 15 of the Q Fund, Inc.'s Form 990 Schedule A, Part II shows public support in the amount of 14.92% in 2012 and 18.52% in 2011. Because the Fund has not met the 33 1/3% support test, the Fund requests continued classification as a Code 170(b)(1)(A)(vi) organization under the alternate support test set forth in Treas. Reg. 1.170A-9(e)(3). To meet the requirements of Treas. Reg. 1.170A-9(e)(3), an organization must meet the ten percent-of-support limitation and be so organized and operated as to attract new and additional public support on a continuous basis, taking into account the factors listed in the regulation. The following information is provided in support of the Fund's classification as a Code 170(b)(1)(A)(vi) organization. 1. Ten percent-of-support limitation. As reflected on the Line 14 of the Fund's 2012 Form 990 Schedule A, Part II, the Fund has met the alternate 10% support limitation by having public support of 14.92% in 2012 and 18.52% in 2011. 2. Attraction of public support. The Fund maintains a continuous and bona fide program for solicitation of funds from the public. The program includes solicitation of contributions from the general public through its website, through presentations by the founder at schools and other organizations, through articles and media presentations intended to raise awareness of the organization in magazines and on television, through fundraising events such as the University of Colorado/ ATLAS Institute "Minds with Heart" event, and through submission of grant applications to other public charities. 3. Representative governing body. Members of the Fund's governing board and advisory team are representatives from the community, including members/ advisors from both the United States and Africa. By having a broad governing board and advisory team, the organization ensures that the general public being served is duly represented. 4. Availability of public facilities or services and public participation in programs. The Fund directly serves the general public's needs by providing services to children in communities in turmoil in Africa and Asia. In 2012 and 2011, this included building and supporting community schools for children orphaned by the HIV virus and providing funding for feeding and water projects in various locations in Africa. The Fund believes that it has met the requirements of the facts and circumstances test of Treas. Reg. 1.170A-9(e)(3) and that it should continue to be classified as a publicly supported organization within the meaning of Code 170(b)(1)(A)(vi).
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IRS990ScheduleF/Form990ScheduleFPartV/Explanation0THE Q FUND MAINTAINS DETAILED RECORDS OF THE USE OF MONETARY ASSISTANCE PROVIDED TO ORGANIZATIONS OUTSIDE THE UNITED STATES. IN ADDITION, THEY REQUIRE ORGANIZATIONS THAT ARE PROVIDED WITH LARGE AMOUNTS OF ASSISTANCE TO SET UP APPROPRIATE INTERNAL CONTROLS ON BANK ACCOUNTS IN WHICH THE Q FUND DEPOSITS THE ASSISTANCE. ORGANIZATIONS REQUESTING ASSISTANCE FOR THE FIRST TIME REQUIRE BOARD OF DIRECTOR APPROVAL.
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IRS990ScheduleO/GeneralExplanation/Explanation0THE Q FUND PROVIDES THE BOARD MEMBERS A COPY OF THE DRAFT FORM 990 PRIOR TO FILING FOR REVIEW. BOARD MEMBERS REVIEW THE 990 FOR ACCURACY AND COMPLETENESS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE Q FUND WILL PROVIDE THEIR GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS TO MEMBERS OF THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation2THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF THE FOUNDER AND EXECUTIVE DIRECTOR, CONSIDERING FACTORS SUCH AS PERFORMANCE AND COMPARABILITY TO SIMILAR ORGANIZATIONS. THE BOARD VERBALLY APPROVES THE SALARIES ANNUALLY IN BOARD MEETINGS.
IRS990ScheduleO/GeneralExplanation/Explanation3Kevin Kew, Executive Director, and Michelle Blake-Kew, Founder, both listed in Part VII, Section A, are married.
IRS990ScheduleO/GeneralExplanation/Explanation4DESCRIPTION:MARKETING/ CREATIVE TOTAL EXPENSES:1785 MANAGEMENT AND GENERAL:760 FUNDRAISING:1025
IRS990ScheduleO/GeneralExplanation/Explanation5DESCRIPTION:MISCELLANEOUS TOTAL EXPENSES:11084 MANAGEMENT AND GENERAL:11084
IRS990ScheduleO/GeneralExplanation/Explanation6DESCRIPTION:VULNERABLE CHILDREN EXPENSES TOTAL EXPENSES:189792 PROGRAM SERVICES:187010 MANAGEMENT AND GENERAL:2782
IRS990ScheduleO/GeneralExplanation/Explanation7DESCRIPTION:TECHNOLOGY EXPENSE TOTAL EXPENSES:7165 PROGRAM SERVICES:539 MANAGEMENT AND GENERAL:6826 FUNDRAISING:-200
IRS990ScheduleO/GeneralExplanation/Explanation8DESCRIPTION:TELEPHONE EXPENSE TOTAL EXPENSES:5598 PROGRAM SERVICES:162 MANAGEMENT AND GENERAL:5385 FUNDRAISING:51
IRS990ScheduleO/GeneralExplanation/Identifier0REVIEW OF FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier1PUBLICALLY AVAILABLE DOCUMENTS
IRS990ScheduleO/GeneralExplanation/Identifier2REVIEW OF KEY PERSONNEL SALARY
IRS990ScheduleO/GeneralExplanation/Identifier3Family Relationships
IRS990ScheduleO/GeneralExplanation/Identifier4OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier5OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier6OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier7OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier8OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART IV, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART IV, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, LINE 15 & LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990 PART IX
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990 PART IX
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990 PART IX
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990 PART IX
IRS990ScheduleO/GeneralExplanation/ReturnReference8FORM 990 PART IX
IRS990/ScheduleORequired0true
IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0MO
IRS990/SubjectToProxyTax0false
IRS990/TaxableDistributions0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBondLiabilities/BOY00
IRS990/TaxExemptBondLiabilities/EOY00
IRS990/TaxExemptBonds0false
IRS990/TemporarilyRestrictedNetAssets/BOY0210441
IRS990/TemporarilyRestrictedNetAssets/EOY0251713
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine109229 WARD PARKWAY SUITE 280
IRS990/TheBooksAreInCareOf/AddressUS/City0KANSAS CITY

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