2024-05-15T00:27:22-05:00 2023-06-30 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2022-07-01 521665643 QUALITY EDUCATION FOR MINORITIES NETWORK QUAL 2026591818 1818 N STREET NW SUITE 350 WASHINGTON DC 20036 DR MERCY MUGO EXECUTIVE DIRECTOR 2026591818 2024-05-13 1 DR MERCY MUGO 999009999 0 DANIEL O'SHEA P00957510 3016529100 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR MERCY MUGO 1818 N STREET NW SUITE 350 WASHINGTON DC 20036 2617854 0 X WWW.QEM.ORG X 1989 DC QEM SERVES AS A NATIONAL RESOURCE AND CATALYST TO HELP UNITE AND STRENGTHEN EDUCATIONAL RESTRUCTURING EFFORTS FOR THE BENEFIT OF MINORITY CHILDREN, YOUTH, AND ADULTS. 11 11 17 11 0 0 1625452 2598641 0 0 17351 19213 0 0 1642803 2617854 133300 306783 0 0 654061 942240 0 0 45441 663675 888587 1451036 2137610 191767 480244 933625 2110196 346307 1016914 587318 1093282 X QUALITY EDUCATION FOR MINORITIES NETWORK (QEM) SERVES AS A NATIONAL RESOURCE AND CATALYST TO HELP UNITE AND STRENGTHEN EDUCATIONAL RESTRUCTURING EFFORTS FOR THE BENEFIT OF MINORITY CHILDREN, YOUTH, AND ADULTS, WHILE ADVANCING MINORITY PARTICIPATION AND LEADERSHIP IN THE NATIONAL DEBATE ON HOW BEST TO INSURE ACCESS TO A QUALITY EDUCATION FOR ALL CITIZENS. 0 0 1790950 306783 SEE SCHEDULE O 1790950 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 86 0 1 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 X DR MERCY MUGO 2026591818 1818 N STREET NW SUITE 350 WASHINGTON DC 20036 DAVIEN BURNETTE CHAIR 1.00 X X 0 0 0 DR CHARLES BEADY JR DIRECTOR 1.00 X 0 0 0 MR DERIK COFFEY CHAIR 1.00 X 0 0 0 MR RICHARD COLEMAN II DIRECTOR 1.00 X 0 0 0 DR LEONARD HAYNES III DIRECTOR 1.00 X 0 0 0 MS GAIL JOHNSON DIRECTOR 1.00 X 0 0 0 DR DIANA I MARINEZ DIRECTOR 1.00 X 0 0 0 DR CYNTHIA OVERTON DIRECTOR 1.00 X 0 0 0 DR ORLANDO TAYLOR DIRECTOR 1.00 X 0 0 0 DR JAMES TURNER DIRECTOR 1.00 X 0 0 0 DR SHERRIE M B GREEN DIRECTOR 1.00 X 0 0 0 DR MERCY MUGO EXECUTIVE DIRECTOR 40.00 X 149820 0 17812 DR ERIN LYNCH PRESIDENT 40.00 X 137336 0 17234 287156 0 35046 2 0 1 0 0 1840376 758265 2598641 19213 19213 2617854 0 0 19213 X 306783 306783 404674 295064 92081 17529 333374 243076 75857 14441 30745 22417 6996 1332 104049 75866 23676 4507 69398 50601 15791 3006 84837 84837 3793 3793 346320 331270 15050 15192 11331 3861 89575 89575 133528 131690 1838 500 500 165 165 855 855 2864 2864 OTHER PARTICIPANTS COST 114632 114795 -163 STIPENDS/FELLOWSHIPS 64681 64681 EQUIPMENT RENTAL AND MA 26369 8324 18045 INDIRECT COST ALLOC. 0 133613 -138239 4626 5276 939 4337 2137610 1790950 301219 45441 48 48 189385 992762 295445 605920 5849 265 7786 12874 36933 35717 2071 1216 406224 421886 48408 26817 26817 933625 2110196 224597 266731 121710 703961 0 46222 346307 1016914 X 587318 593854 499428 587318 1093282 933625 2110196 480244 25720 0 X 0 1 X 1 1 1 X 1504030 1217095 1255372 1625452 2598641 8200590 1504030 1217095 1255372 1625452 2598641 8200590 502368 7698222 17503 15708 12386 17351 19213 82161 8282751 1068 0.92940 0.97930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36933 35717 1216 1216 OPERATING LEASE LIABILITY 46222 46222 X 2639781 25720 25720 2614061 3793 3793 2617854 2133817 0 2133817 3793 3793 2137610 PART X, LINE 2: QEM BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. QEM RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS AND PENALTIES, IF ANY, IN MANAGEMENT AND GENERAL SERVICES EXPENSES ON THE STATEMENTS OF ACTIVITIES AND CHANGE IN NET ASSETS. DURING THE YEARS ENDED JUNE 30, 2023 AND 2022, QEM DID NOT HAVE NET TAXABLE INCOME FROM UNRELATED BUSINESS ACTIVITY; THEREFORE, THERE IS NO PROVISION IN THESE FINANCIAL STATEMENTS FOR INCOME TAXES OR INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS. TAX YEARS PRIOR TO 2020 ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE OR THE TAX JURISDICTION OF THE DISTRICT OF COLUMBIA. 1 AMERICAN INSTITUTES FOR RESEARCH 1400 CRYSTAL DRIVE 10TH FLOOR ARLINGTON VA 22202 250965219 501(C)(3) 232170 0 RESEARCH LLBURGE & ASSOCIATES LLC PO BOX 242143 MONTGOMERY AL 36124 631226879 74613 0 RESEARCH 1 1 PART I, LINE 2: QEM MONITORS THE USE OF GRANT FUNDS IN ACCORDANCE WITH UNIFORM GUIDANCE REQUIREMENTS. X 0 0 0 0 0 0 0 0 0 DR MERCY MUGO EXECUTIVE DIRECTOR 149820 0 0 0 0 0 15000 0 2812 0 167632 0 0 0 DR ERIN LYNCH PRESIDENT 137336 0 0 0 0 0 0 0 17234 0 154570 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS REVIEWED BY THE PRESIDENT. IT IS AVAILABLE UPON REQUEST TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C PER ARTICLE VI OF THE CONFLICT OF INTEREST POLICY, EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS AGREED TO COMPLY WITH THE POLICY AND WHICH REQUIRES THE DISCLOSURE OF POSSIBLE CONFLICTING INTERESTS. FORM 990, PART VI, SECTION B, LINE 15A A SUBSET OF THE BOARD OF DIRECTORS (CHAIR AND TREASURER) UNDERTOOK A COMPREHENSIVE REVIEW OF THE COMPANY'S FINANCIAL PERFORMANCE AND THE PRESIDENT'S CONTRIBUTIONS TOWARDS ACHIEVING THE ORGANIZATION'S STRATEGIC GOALS. THEY BENCHMARKED AGAINST COMPARABLE POSITIONS WITHIN SIMILAR ORGANIZATIONS TO ESTABLISH A BALANCED COMPENSATION PACKAGE DESIGNED TO MOTIVATE AND RETAIN THE PRESIDENT WHILE ALIGNING THE LONG-TERM SUCCESS OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 QUALITY EDUCATION FOR MINORITIES NETWORK MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANT & CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 331,270. MANAGEMENT AND GENERAL EXPENSES 15,050. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 346,320.