Quest For Excellence Inc
- Assets
- $664.6k
- Revenue
- $26.5k
- Investments
- $662.7k
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 01/1993
- Data as of
- 12/2023
- EIN
- 35-1860492
Organization Overview
Quest For Excellence Inc is located in Indianapolis, IN. The organization was established in 1993. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quest For Excellence Inc 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 12/2023, Quest For Excellence Inc generated $26.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.8%) each year. All expenses for the organization totaled $121.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Quest For Excellence Inc has awarded 25 individual grants totaling $795,483. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADA'S PLACE IS A PROGRAM ASSISTING SINGLE EMPLOYED WOMEN OVER THE AGE OF TWENTY WITHOUT CUSTODY OF CHILDREN. THE PROGRAM PROVIDES SUPPORT TO RECIPIENTS IN ORDER FOR THEM TO LIVE IN AFFORDABLE TRANSITIONAL HOUSING WHILE AQUIRING INDIVIDUALIZED SKILLS UTILIZING A PERSON-CENTERED PLANNING MODEL LEADING TO INDEPENDENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Foltz President | 20 | $0 | |
Howard F Foltz III Secretary/treas | 0 | $0 | |
Lisa L Dellacqua Vice President | 0 | $0 | |
Daniel E Foltz Vice President | 0 | $0 | |
Bill Nelson Director | 0 | $0 | |
Patrick J Brake Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,666 |
| Interest on Savings | $57 |
| Dividends & Interest | $22,893 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $842 |
| Capital Gain Net Income | $842 |
| Net ST Capital Gain | $19 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,458 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $19 |
| Taxes | $561 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $254 |
| Printing and publications | $0 |
| Other expenses | $4,790 |
| Total operating and administrative expenses | $14,567 |
| Contributions, gifts, grants paid | $106,875 |
| Total expenses and disbursements | $121,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,913 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $664,604 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Quest For Excellence Inc has awarded $106,875 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BENTLEY'S BUDDIES FRIENDS PURPOSE: OPERATING EXPENSES. | $10,000 |
HORIZON HOUSE INC PURPOSE: WELCOME BASKETS FOR HOMELESS | $10,000 |
SECOND PRESBYTERIAN CHURCH PURPOSE: FOOD FOR WOMEN'S GREAT BANQUET | $1,109 |
LITTLE SISTERS OF THE POOR PURPOSE: OPERATING EXPENSES | $10,000 |
INDIANA BLIND CHILDRENS FOUNDATION PURPOSE: HEALTH AND WELLNESS PROGRAMS | $17,500 |
WASHINGTON TOWNSHIP SCHOOLS FOUNDAT PURPOSE: SALARY AND TO ESTABLISH A STUDENT ASSISTANCE FUND | $58,266 |