Overview
What is Quality Texas Foundation?
Quality Texas Foundation, situated in Georgetown, Texas, is a distinguished nonprofit organization with a mission to enhance the state's quality. They focus on promoting quality and excellence in various sectors including goods, services, businesses, educational institutions, healthcare institutions, and governmental processes, both public and private. To achieve this goal, they encourage effective volunteer efforts, aiming to make Texas a beacon of quality across the board. With a modest workforce of three dedicated individuals, Quality Texas Foundation is committed to making meaningful impacts in the Lone Star State.
Official website here: www.quality-texas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Quality Texas Foundation has received a Three-Star rating from Charity Navigator, reflecting a total score of 76%. This rating is solely based on their Accountability & Finance metrics, indicating a strong performance in financial management, particularly with a program expense ratio of nearly 72%, suggesting that a significant portion of their expenditures directly supports their programs.
The foundation boasts 100% independent board membership, which enhances its governance structure and accountability. However, there are notable gaps in their policies, with missing conflict of interest and whistleblower policies, as well as documentation for the retention and destruction of records. While they maintain thorough meeting minutes, the absence of other key policies suggests areas for improvement in governance practices.
Overall, while the Quality Texas Foundation demonstrates commendable financial responsibility and strong governance through an independent board, the lack of essential operational policies may raise concerns among potential donors and stakeholders regarding their accountability practices.
This AI summary has been generated from information found on Charity Navigator.
Is Quality Texas Foundation legitimate?
Quality Texas Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quality Texas Foundation 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: $253,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.quality-texas.org
What is the mission statement of Quality Texas Foundation?
The Quality Texas Foundation is dedicated to promoting quality and excellence across various sectors in Texas. More specifically, their mission involves boosting the effectiveness of volunteer efforts, ultimately improving the overall quality of goods, services, businesses, educational institutions, healthcare facilities, and governmental processes within the state. Their goal is to enhance Texas as a whole by fostering excellence in these areas.
Official website here: www.quality-texas.org
Who is the CEO of Quality Texas Foundation?
Cortis Mcguire is the CEO of Quality Texas Foundation The CEO's salary of Quality Texas Foundation is $253,000 and their total compensation is $253,000.
Official website here: www.quality-texas.org
What is the revenue of Quality Texas Foundation?
Quality Texas Foundation's revenue in 2024 was $454,244.
Official website here: www.quality-texas.org
Who are the executives of Quality Texas Foundation and what are their salaries?
The average compensation at Quality Texas Foundation during 2024 was $84,333. There are 3 employees at Quality Texas Foundation.
Here are 30 key members and their salaries (Quality Texas Foundation's CEO's salary is $253,000 and their total compensation is $253,000):
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- Compensation: $253,000
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- Compensation: $137,500
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Official website here: www.quality-texas.org
Where can I find the form 990 for Quality Texas Foundation?
Quality Texas Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.quality-texas.org
Learn more at the official website: www.quality-texas.org
Mission Statement of Quality Texas Foundation
Quality Texas Foundation is dedicated to advocating for the promotion of quality and excellence in various organizations across Texas. This nonprofit organization seeks to enhance the state by fostering effective volunteer efforts in various sectors, including goods, services, businesses, educational institutions, healthcare institutions, healthcare processes, and all governmental processes, both public and private. By doing so, Quality Texas Foundation aims to elevate the overall quality of life in Texas. The foundation's mission is to inspire organizations to strive for continuous improvement and excellence, ultimately leading to better outcomes for the communities they serve.
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Impact
July, 2024
Quality Texas Foundation's impact can be seen in the promotion of quality and excellence in organizations throughout Texas. By promoting effective volunteer efforts that enhance the state's goods, services, businesses, educational institutions, healthcare institutions, and governmental processes, Quality Texas Foundation plays a significant role in elevating the overall quality of life in Texas.
This information is meant to be a general summary of Quality Texas Foundation. 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: $33,074
- Program Service Revenue: $295,038
- Gross Receipts: $454,244
Assets and Liabilities:
- Total Assets: $990,218
- Total Liabilities: $8,256
- Net Assets: $981,962
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Training
Revenue
$197,675
Conference Event
Revenue
$87,805
Examiner Site Visits
Revenue
$126
Organization Details
Founding Year
1994
Principal Officer
Mac Mcguire
Website
www.quality-texas.orgNTEE Category
Code: B99 - Education
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