Skill Quest
- Assets
- $187.3k
- Revenue
- $480.9k
- Investments
- $0.0
- Employees
- 8
- Location
- Dallas, TX
- Founding
- 03/2013
- Data as of
- 12/2017
- EIN
- 45-4536492
Organization Overview
Skill Quest is located in Dallas, TX. The organization was established in 2013. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2017, Skill Quest employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skill Quest 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 12/2017, Skill Quest generated $480.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $574.2k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 3 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF SKILL QUEST IS TO LIFT WORKING ADULTS OUT OF POVERTY INTO FAMILY LIVING WAGE CAREERS THROUGH EDUCATION. OVER 200 GRADUATES HAVE JOBS PAYING $18-$25 PER HOUR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKILL QUEST HAS A MULTIFACETED SPONSORSHIP PROGRAM TAILORED TO THE UNIQUE CIRCUMSTANCES OF EACH INDIVIDUAL AND DESIGNED TO ASSURE THE HIGHEST LIKELIHOOD OF MULTIGENERATIONAL SUCCESS. SKILL QUEST'S VISION IS A FUTURE IN WHICH EVERY PERSON HAS ACCESS TO THE HIGHEST QUALITY EDUCATION TO DEVELOP THEIR FULL POTENTIAL AT AFFORDABLE COSTS. SKILL QUEST SERVED 150 PEOPLE IN 2017.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ada T Simmons Vice President | OfficerTrustee | 1 | $0 |
William Dehaas Chairman | OfficerTrustee | 1 | $0 |
Kevin Brown Treasurer | OfficerTrustee | 1 | $0 |
Priscilla Kimery Secretary | OfficerTrustee | 1 | $0 |
Roseann Yanez Director | Trustee | 1 | $0 |
Aaron White Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $191,667 |
| All other contributions, gifts, grants, and similar amounts not included above | $289,213 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $480,880 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $480,880 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $150,400 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $102,089 |
| Compensation of current officers, directors, key employees. | $13,268 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $144,085 |
| Pension plan accruals and contributions | $88 |
| Other employee benefits | $29,340 |
| Payroll taxes | $23,105 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $233 |
| Fees for services: Accounting | $24,745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,574 |
| Advertising and promotion | $21 |
| Office expenses | $9,807 |
| Information technology | $1,500 |
| Royalties | $0 |
| Occupancy | $28,883 |
| Travel | $5,167 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,850 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,060 |
| Insurance | $3,312 |
| All other expenses | $4,247 |
| Total functional expenses | $574,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,513 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,683 |
| Net Land, buildings, and equipment | $3,487 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $179,654 |
| Total assets | $187,337 |
| Accounts payable and accrued expenses | -$315 |
| 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 | $39,136 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $38,821 |
| Unrestricted restricted net Assets | $123,691 |
| Temporarily restricted net Assets | $24,825 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $148,516 |