Overview
What is Qlarant Inc?
Qlarant Inc, based in Easton, Maryland, is a notable organization primarily engaged in the health care sector. With a workforce of 102 individuals, they are dedicated to improving community health through their services. Their core activities revolve around monitoring and enhancing the delivery of health care services, while also investigating potential health care fraud, waste, and abuse. In addition to this, they offer government contracting, auditing, monitoring, and consulting services within the health care industry. Their mission encompasses the betterment of the health care system as a whole.
Official website here: www.qlarant.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Star rating)
Qlarant Inc has received a low rating of 56% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization has a fully independent board and strong oversight mechanisms in place, it struggles with transparency, as evidenced by the missing tax form on its website and a concerning program expense ratio of 0.00%. These factors contribute to the overall low score, suggesting a lack of effective resource allocation towards its mission.
The organization excels in governance with all board members being independent and the presence of strong policies regarding conflicts of interest, whistleblowing, and document retention. However, the financial health of Qlarant Inc raises red flags, particularly with a high liabilities to assets ratio of 71.56%, indicating potential financial instability. This could impact the charity's ability to sustain its programs and fulfill its mission effectively.
In summary, while Qlarant Inc boasts a strong governance structure, its financial practices and transparency issues significantly detract from its overall rating. Prospective donors and stakeholders should consider these limitations carefully when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Qlarant Inc legitimate?
Qlarant Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Qlarant Inc 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: $176,542
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,530,413
For more financial information, click here
Official website here: www.qlarant.com
What is the mission statement of Qlarant Inc?
Qlarant Inc's mission is focused on enhancing the quality of healthcare services in the communities it serves. The company is dedicated to monitoring and improving healthcare delivery, as well as investigating healthcare fraud, waste, and abuse. Their ultimate goal is to improve health in the communities they serve.
Official website here: www.qlarant.com
Who is the CEO of Qlarant Inc?
Ronald Forsythe is the CEO of Qlarant Inc The CEO's salary of Qlarant Inc is $0 and their total compensation is $938,096.
Official website here: www.qlarant.com
What is the revenue of Qlarant Inc?
Qlarant Inc's revenue in 2024 was $785,858.
Official website here: www.qlarant.com
Who are the executives of Qlarant Inc and what are their salaries?
The average compensation at Qlarant Inc during 2024 was $18,159. There are 94 employees at Qlarant Inc.
Here are 26 key members and their salaries (Qlarant Inc's CEO's salary is $0 and their total compensation is $938,096):
- Compensation: $14,498
- Related: $1,782
- Other: $0
- Compensation: $18,599
- Related: $0
- Other: $0
- Compensation: $13,676
- Related: $0
- Other: $0
- Compensation: $11,441
- Related: $0
- Other: $0
- Compensation: $13,129
- Related: $0
- Other: $0
- Compensation: $32,822
- Related: $0
- Other: $0
- Compensation: $13,129
- Related: $0
- Other: $0
- Compensation: $12,661
- Related: $3,750
- Other: $0
- Compensation: $10,941
- Related: $0
- Other: $0
- Compensation: $10,941
- Related: $0
- Other: $0
- Compensation: $10,941
- Related: $0
- Other: $0
- Compensation: $3,441
- Related: $7,500
- Other: $0
- Compensation: $3,441
- Related: $7,500
- Other: $0
- Compensation: $3,441
- Related: $7,500
- Other: $0
- Compensation: $3,441
- Related: $7,908
- Other: $0
- Compensation: $0
- Related: $841,125
- Other: $96,971
- Compensation: $0
- Related: $204,528
- Other: $21,138
- Compensation: $0
- Related: $224,812
- Other: $21,022
- Compensation: $0
- Related: $252,819
- Other: $55,909
- Compensation: $0
- Related: $281,842
- Other: $53,020
- Compensation: $0
- Related: $182,491
- Other: $62,540
- Compensation: $0
- Related: $242,124
- Other: $68,244
- Compensation: $0
- Related: $235,952
- Other: $64,453
- Compensation: $0
- Related: $183,752
- Other: $58,937
- Compensation: $0
- Related: $168,834
- Other: $20,258
- Compensation: $0
- Related: $105,282
- Other: $5,124
Official website here: www.qlarant.com
Where can I find the form 990 for Qlarant Inc?
Qlarant Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.qlarant.com
Learn more at the official website: www.qlarant.com
Mission Statement of Qlarant Inc
Qlarant Inc, a company specializing in government contracting and consulting for the healthcare industry, strives to enhance the health of the communities they serve. Their mission is multifaceted, encompassing the monitoring and improvement of healthcare service delivery, as well as the investigation of healthcare fraud, waste, and abuse. Qlarant Inc is committed to making a difference in the healthcare sector by ensuring that resources are utilized effectively and efficiently, ultimately improving the overall health of the communities they serve.
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Impact
June, 2024
Qlarant Inc plays a significant role in monitoring and improving the delivery of health care services, as well as investigating health care fraud, waste, and abuse. Through their government contracting, auditing, monitoring, and consulting services focused on the health care industry, Qlarant Inc is dedicated to enhancing the quality and integrity of health care provision. Their mission to improve health in the communities they serve underscores their commitment to making a positive impact on individuals' well-being. Additionally, their focus on mental health, among other areas, highlights a comprehensive approach to addressing critical healthcare needs.
This information is meant to be a general summary of Qlarant Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $19,751
- Gross Receipts: $785,858
Assets and Liabilities:
- Total Assets: $5,076,836
- Total Liabilities: $3,401,268
- Net Assets: $1,675,568
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Organization Details
Founding Year
2007
Principal Officer
Ronald Forsythe
Website
www.qlarant.comNTEE Category
Code: F193 - Mental health
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