Money Quotient Np
- Assets
- $198.1k
- Revenue
- $36.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 02/2005
- Data as of
- 12/2022
- EIN
- 20-0352077
Organization Overview
Money Quotient Np, operating under the name Mq Research & Education, is located in Portland, OR. The organization was established in 2005. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mq Research & Education is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mq Research & Education generated $36.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (25.4%) each year. All expenses for the organization totaled $35.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (22.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MONEY QUOTIENT IS A 501(C)(3) NON-PROFIT ORGANIZATION FOUNDED ON THE BELIEF THAT A MULTIDISCIPLINARY AND RESEARCH-BASED APPROACH TO FINANCIAL PLANNING EDUCATION, COUNSELING, AND THERAPEUTIC PROCESSES WILL GUIDE BEST PRACTICES FOR FOSTERING ECONOMIC AND PERSONAL WELL-BEING. TO THIS END, WE CONDUCT INNOVATIVE STUDIES; FORM FRUITFUL COLLABORATIONS WITH RESEARCHERS, SCHOLARS, AND PRACTITIONERS; AND PROVIDE OPPORTUNITIES FOR IN-DEPTH LEARNING AND DIALOGUE. OUR GOAL IS TO FACILITATE A GREATER UNDERSTANDING OF BOTH THE EMOTIONAL AND PRACTICAL FACTORS THAT SUPPORT ACHIEVEMENT OF FINANCIAL ACUMEN AND MEANINGFUL LIFE GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED THE FOLLOWING RESEARCH ACTIVITIES: FEB 2022: COMPLETED AND PUBLISHED DEVELOPING AND MAINTAINING CLIENT TRUST AND COMMITMENT IN A RAPIDLY CHANGING ENVIRONMENTA 45,000 WORD RESEARCH REPORT THAT WAS DISSEMINATED TO MEMBERS OF FINANCIAL PLANNING ASSOCIATION. FACILITATED THE FOLLOWING ONLINE COURSES: TOWARDS AWARE AND VALUE-CENTERED INVESTING - 13.5 CFP CE: A 10 WEEK SELF-STUDY ONLINE COURSE. FACILITATING POSITIVE CHANGE IN YOUR CLIENTS' FINANCIAL LIVES - 10.0 CFP CE: AN 8 WEEK SELF-STUDY ONLINE COURSE. CONDUCTED THE FOLLOWING WEBINARS: "VALUES-BASED INVESTING" WITH MARCO VANGELISTI AND JOHNNY ROLAND; MEET JANINE FIRPO: AUTHOR OF ACTIVATE YOUR MONEY: INVEST TO GROW YOUR WEALTH AND BUILD A BETTER WORLD; FINANCIAL EMPATHY AND INCLUSIVE FINANCIAL WELLBEING AND EMPOWERMENT: POWERFUL TOOLS FOR MEANINGFUL CLIENT RELATIONSHIPS PRESENTED BY TIMI JORGENSON, PHD. PLANNED AND PRESENTED THE FOLLOWING CONFERENCE PROGRAM: "NURTURING RESILIENT & REWARDING CLIENT RELATIONSHIPS IN A RAPIDLY CHANGING ENVIRONMENT" - OCT 25-26, 2022: CO-DEVELOPED CONFERENCE PROGRAM WITH SESSIONS BASED ON RESULTS OF 2021 STUDY, DEVELOPING AND MAINTAINING CLIENTS IN A RAPIDLY CHANGING ENVIRONMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Anderson President | OfficerTrustee | 1.5 | $0 |
Amy Mullen Vice Preside | OfficerTrustee | 0.5 | $0 |
Marilyn Bergen Secretary | OfficerTrustee | 0.5 | $0 |
Julie Davis Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,000 |
| Total Program Service Revenue | $4,520 |
| Investment income | $5,692 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,212 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $13,890 |
| Compensation of current officers, directors, key employees. | $2,778 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,609 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,342 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,515 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $180 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,051 |
| All other expenses | $705 |
| Total functional expenses | $35,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,596 |
| Savings and temporary cash investments | $37,964 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $133,919 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $621 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $198,100 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,338 |
| Total liabilities | $1,338 |
| Net assets without donor restrictions | $196,762 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $198,100 |