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Quality Team Corporation

Tcp World Academy

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

EIN: 522182465 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Quality Team Corporation?

Quality Team Corporation, located in Cincinnati, Ohio, operates as an elementary school, providing primary education to students within the K-7 age range. As a nonprofit organization, it recorded a significant revenue of $5,143,663 the previous year. Its primary mission is centered around public education, specifically focusing on elementary education.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

Quality Team Corporation has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The charity scores highly in various areas, particularly with a perfect score for having a fully independent board and robust financial oversight, which reflects their commitment to transparency and good governance.

The organization demonstrates strong financial health, as evidenced by an impressive program expense ratio of 98.25%, suggesting that the majority of its resources are directed toward its mission-related activities. Additionally, Quality Team Corporation has well-established policies for conflict of interest, whistleblower protections, and document retention, further highlighting its commitment to ethical practices.

While the overall rating is commendable, there is room for improvement, particularly in enhancing visibility into its broader impacts and outcomes. Continued focus on transparency and program effectiveness will be essential for maintaining and potentially improving its rating in the future.


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

Is Quality Team Corporation legitimate?

Quality Team Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quality Team Corporation 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: $231,907
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,546,600

For more financial information, click here

What is the mission statement of Quality Team Corporation?

Quality Team Corporation's mission is centered around public education, specifically focusing on children in the K-7 elementary school level. The organization strives to provide a comprehensive educational experience for its students, aiming to foster their growth and development during this formative period. Despite the information provided not detailing the organization's specific objectives or goals beyond providing education, it can be inferred that Quality Team Corporation is committed to delivering quality education to its young learners.

What is the revenue of Quality Team Corporation?

Quality Team Corporation's revenue in 2024 was $8,305,100.

Who are the executives of Quality Team Corporation and what are their salaries?

The average compensation at Quality Team Corporation during 2024 was $59,117. There are 47 employees at Quality Team Corporation.

Here are 6 key members and their salaries:


Karen Y French (Superintendent)
  • Compensation: $200,032
  • Related: $0
  • Other: $0
Ryan Griffin (Board President)
  • Compensation: $1,350
  • Related: $0
  • Other: $0
Darlene Nunley (Trustee)
  • Compensation: $1,350
  • Related: $0
  • Other: $0
Virginia Cole (Trustee)
  • Compensation: $1,350
  • Related: $0
  • Other: $0
David Goins (Trustee)
  • Compensation: $1,350
  • Related: $0
  • Other: $0
La Vern Payne (Trustee)
  • Compensation: $1,350
  • Related: $0
  • Other: $0
Where can I find the form 990 for Quality Team Corporation?

Quality Team Corporation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Quality Team Corporation

Quality Team Corporation, as a nonprofit organization, is dedicated to providing public education, specifically focusing on elementary school education for children in the K-7 age group. The mission of this organization is to operate an elementary school, providing a conducive learning environment for its students. Last year, Quality Team Corporation generated a significant revenue of $5,143,663, indicating its commitment to delivering quality education. The organization's primary goal is to equip young learners with essential knowledge and skills, setting a solid foundation for their future academic and personal growth.

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Impact




July, 2024

Quality Team Corporation has a significant impact on public education, specifically in K-7 elementary education in Cincinnati, OH. The organization operates as an elementary school and is dedicated to providing quality education to young students. With total revenues of $5,143,663 generated last year, Quality Team Corporation plays a crucial role in shaping the educational landscape in the community. By focusing on elementary education, the organization helps lay a strong foundation for students' future academic success and personal growth.




This information is meant to be a general summary of Quality Team Corporation. 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
$8,305,100 (2024)
Expenses
$6,054,868 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $5,273,987
  • Gross Receipts: $8,305,100

Assets and Liabilities:

  • Total Assets: $1,947,373
  • Total Liabilities: $6,742,583
  • Net Assets: -$4,795,210

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Programs

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

EDUCATION

Revenue

$5,273,987

Organization Details

Founding Year

2000

Principal Officer

Ryan Griffin

NTEE Category

Code: B29 - Education

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