Overview
What is Knowledge Quest Inc?
Knowledge Quest Inc, situated in Memphis, Tennessee, is a nonprofit organization committed to fostering academic excellence among youth from pre-K through 12th grade. With a mission to equip youth and their families to reach their full potential, they offer educational support through intellectual and character development. Serving approximately 500 high-risk students primarily residing in the 38126 and 38106 ZIP codes of Memphis, their approach is innovative and hands-on, focusing on adventure education to spark genuine interest in academic subjects and facilitate necessary behavior adjustments. With four strategic programs, including the Knowledge Quest School-Age Academy, Teenage Academy, Family Stability, and Green Leaf Learning Farm, Knowledge Quest operates at three sites along a 2-mile corridor in historic South Memphis, known as the "Knowledge Quest Kids Zone." Their workforce consists of 19 dedicated individuals.
Official website here: www.knowledgequest.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Knowledge Quest Inc has received a score of 82%, reflecting a solid performance in accountability and finance. The organization demonstrates strong governance practices, with a fully independent board comprised of 10 members, and maintains transparency with no material diversion of assets reported. The charity also scores high for its commitment to distributing necessary financial documents to the board prior to filing and effectively managing its liabilities.
The nonprofit allocates a significant portion of its expenses towards program services, with a program expense ratio of over 75%, indicating a focus on fulfilling its mission. Additionally, the organization showcases a favorable working capital ratio, ensuring it has sufficient resources to meet its obligations over the coming years. These strengths contribute to its reputation as a reliable and responsible charity.
While the organization's financial practices and governance are commendable, there are no specific user feedback details available to provide insight into the community's perception or the impact of its programs. Overall, Knowledge Quest Inc appears to be well-managed and dedicated to its mission, making it a respectable choice for donors looking to support effective nonprofit work.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Knowledge Quest Inc?
100% of 8 reviewers on Facebook recommend Knowledge Quest Inc. Here is a summary of their reviews:
Users reflect positively on the impact Knowledge Quest Inc has had, particularly in the lives of children. One reviewer highlighted their past experience with the program, emphasizing that it stands out as one of the best in Memphis.
Overall, the sentiment is overwhelmingly favorable, indicating that Knowledge Quest Inc delivers valuable services and leaves a lasting impression on those who participate in its programs.
This AI summary has been generated from reviews found on Facebook.
Is Knowledge Quest Inc legitimate?
Knowledge Quest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knowledge Quest 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: $121,258
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,066,175
For more financial information, click here
Official website here: www.knowledgequest.org
What is the mission statement of Knowledge Quest Inc?
Knowledge Quest Inc's mission is to empower youth and their families by enhancing their potential through education, wellness, and economic stability. They strive to achieve this by providing an after-school environment that fosters academic excellence, utilizing a "cradle to career" continuum methodology. The organization serves around 500 high-risk youth, primarily residing in specific areas, and aims to ignite a genuine interest in academic subjects, encouraging behavioral adjustments when necessary. This is accomplished through an innovative, hands-on approach to learning, known as adventure education. Additionally, Knowledge Quest Inc operates through several strategic programs, such as the Knowledge Quest School-Age Academy, Teenage Academy, Family Stability, and Green Leaf Learning Farm, all located in a designated area.
Official website here: www.knowledgequest.org
Who is the CEO of Knowledge Quest Inc?
Marlon Foster is the Chief Executive Officer of Knowledge Quest Inc. The CEO's salary of Knowledge Quest Inc is $121,258 and their total compensation is $121,258.
Official website here: www.knowledgequest.org
What is the revenue of Knowledge Quest Inc?
Knowledge Quest Inc's revenue in 2022 was $2,515,453.
Official website here: www.knowledgequest.org
Who are the executives of Knowledge Quest Inc and what are their salaries?
The average compensation at Knowledge Quest Inc during 2022 was $62,496. There are 19 employees and 400 volunteers at Knowledge Quest Inc.
Here are 11 key members and their salaries (Knowledge Quest Inc's CEO's salary is $121,258 and their total compensation is $121,258):
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Official website here: www.knowledgequest.org
Where can I find the form 990 for Knowledge Quest Inc?
Knowledge Quest Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.knowledgequest.org
Learn more at the official website: www.knowledgequest.org
Mission Statement of Knowledge Quest Inc
Knowledge Quest Inc, a nonprofit organization, is dedicated to empowering youth and their families by vigorously equipping them to maximize their potential. This is achieved through a threefold approach: education, wellness, and economic stability. The mission of Knowledge Quest Inc is to provide a supportive environment that fosters intellectual and character development in young individuals.
The nonprofit actively contributes to academic excellence in after-school settings, catering to students from pre-K to 12th grade, primarily residing in specific Memphis, Tennessee, zip codes. Knowledge Quest Inc employs a unique, hands-on approach to learning, known as adventure education. This method encourages students to develop genuine interest in various academic subjects and makes necessary behavioral adjustments.
The organization operates through four strategic programs: Knowledge Quest School-Age Academy, Teenage Academy, Family Stability, and Green Leaf Learning Farm. These programs are located at three sites along a 2-mile corridor in historic South Memphis, creating a vibrant learning environment known as the "Knowledge Quest Kids Zone." The nonprofit serves approximately 500 high-risk youth, offering them a comprehensive and nurturing educational experience that aims to equip them with the necessary skills and resources to thrive in their future endeavors.
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Impact
July, 2024
Knowledge Quest Inc's impact is seen in its tireless efforts to equip youth and their families for success through education, wellness, and economic stability programs. By focusing on academic excellence in after-school settings for high-risk youth in Memphis, Tennessee, Knowledge Quest is making a tangible difference in the lives of 500 students. Using innovative approaches like adventure education, Knowledge Quest helps students develop a genuine interest in academics and make necessary behavior adjustments. Through strategic programs like the Knowledge Quest School-Age Academy, Teenage Academy, Family Stability, and Green Leaf Learning Farm, this organization is creating a more promising future for the youth in the "Knowledge Quest Kids Zone."
This information is meant to be a general summary of Knowledge Quest 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 2022.
- Investment Income: $22,965
- Program Service Revenue: $348,123
- Gross Receipts: $2,536,829
Assets and Liabilities:
- Total Assets: $3,970,035
- Total Liabilities: $250,373
- Net Assets: $3,719,662
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAMILY STABILITY
Revenue
$166,875
GREEN LEAF LEARNING PROGRAM
Revenue
$57,350
EXTENDED FAMILY
Revenue
$123,622
OTHER
Revenue
$276
Organization Details
Founding Year
1995
Phone
(901) 942-1512Principal Officer
Marlon Foster
Main Address
POST OFFICE BOX 2119, MEMPHIS, TN, 38101
Website
www.knowledgequest.orgNTEE Category
Code: O50 - Youth development
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