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Money Quotient Np

Mq Research & Education

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200352077 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Money Quotient Np?

Money Quotient Np is a 501(C)(3) nonprofit organization based in Portland, Oregon. Founded on the belief in a multidisciplinary and research-driven approach to financial planning education, counseling, and therapeutic processes, their mission is to foster economic and personal well-being. They carry out innovative studies, collaborate with researchers, scholars, and practitioners, and offer opportunities for in-depth learning and dialogue. Money Quotient Np has published research reports, facilitated online courses, presented webinars, and organized conferences to promote best practices in financial planning. Their goal is to enhance understanding of the emotional and practical factors that contribute to financial acumen and achieving meaningful life goals.


Official website here: www.mqre.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Overall, Money Quotient Np has received a Two-Star out of Four Star rating with an overall score of 70%. While the organization demonstrates strong leadership and adaptability, indicated by a perfect score of 100 in that area, it struggles with accountability and finance, receiving only a score of 63. This rating reflects the organization's need for improvements in governance and financial practices.

The organization is performing relatively well in program expenses with a ratio of 76.04%, suggesting a good allocation of resources towards its mission. However, it has notable deficiencies, such as a lack of independent board members, which scored 0 out of 10 points. Additionally, it has not established essential policies like whistleblower protection and document retention, which raises concerns about oversight and accountability.

On a positive note, Money Quotient Np excels in community engagement, scoring 82 in culture and community aspects. The organization has demonstrated a commitment to feedback collection and usage with perfect scores in these areas, indicating responsiveness to stakeholder input. Nevertheless, the overall need for improvement in governance and financial management remains a significant focus for the organization moving forward.


This AI summary has been generated from information found on Charity Navigator.

Is Money Quotient Np legitimate?

Money Quotient Np is a legitimate nonprofit organization registered as a 501(c)(3) entity. Money Quotient Np submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $31,830
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,333

For more financial information, click here


Official website here: www.mqre.org

What is the mission statement of Money Quotient Np?

Money Quotient Np is a 501(c)(3) non-profit organization that believes in utilizing a multidisciplinary and research-based approach to financial planning education, counseling, and therapeutic processes. Their goal is to guide best practices for fostering economic and personal well-being. To accomplish this, they conduct innovative studies, form collaborations with researchers, scholars, and practitioners, and offer opportunities for in-depth learning and dialogue. Money Quotient Np aims to facilitate a greater understanding of the emotional and practical factors that support the achievement of financial acumen and meaningful life goals.


Official website here: www.mqre.org

What is the revenue of Money Quotient Np?

Money Quotient Np's revenue in 2023 was $64,451.


Official website here: www.mqre.org

Who are the executives of Money Quotient Np and what are their salaries?

Here are 5 key members and their salaries:


Carol Anderson (President)
  • Compensation: $0
  • Related: $25,464
  • Other: $0
Amy Mullen (Vice Preside)
  • Compensation: $0
  • Related: $6,366
  • Other: $0
Marilyn Bergen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deanna Sharpe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mqre.org

Where can I find the form 990 for Money Quotient Np?

Money Quotient Np's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mqre.org

Learn more at the official website: www.mqre.org

Mission Statement of Money Quotient Np

Money Quotient, a 501(c)(3) non-profit organization, is founded on the belief that a multidisciplinary and research-based approach to financial planning education, counseling, and therapeutic processes can foster economic and personal well-being. The organization's mission is to guide best practices by conducting innovative studies, forming collaborations with researchers, scholars, and practitioners, and providing opportunities for in-depth learning and dialogue. Money Quotient aims to facilitate a greater understanding of both the emotional and practical factors that support the achievement of financial acumen and meaningful life goals. By doing so, the organization seeks to contribute to the overall well-being of individuals and communities.

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Impact




August, 2024

Money Quotient Np's impact is evidenced through its relentless pursuit of advancing financial planning education, counseling, and therapeutic processes to enhance economic and personal well-being. Through conducting innovative studies, collaborating with experts, and providing opportunities for in-depth learning and dialogue, Money Quotient Np aims to promote a deeper understanding of the emotional and practical aspects that contribute to achieving financial acumen and meaningful life goals. By offering online courses, webinars, and conferences that focus on values-based investing, nurturing client relationships, and empowering inclusive financial well-being, Money Quotient Np is making a tangible difference in the financial literacy and well-being of individuals. Its dedication to facilitating positive change in clients' financial lives underscores its commitment to fostering a more informed and empowered society in the realm of personal finance.




This information is meant to be a general summary of Money Quotient Np. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$64,451 (2023)
Expenses
$76,956 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,130
  • Program Service Revenue: $8,590
  • Gross Receipts: $64,451

Assets and Liabilities:

  • Total Assets: $198,100
  • Total Liabilities: $1,338
  • Net Assets: $196,762

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TELECONFERENCES/WEBINARS

Revenue

$7,090

SPEAKING/PESENTATIONS

Revenue

$1,500

Organization Details

Founding Year

2003

Principal Officer

Carol Anderson

NTEE Category

Code: P51 - Human services

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