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Nonprofit · EIN 47-5550417

B QUEST

Tax-exempt · SAN DIEGO, CA 92104

Financials

$2.9M$2.2M2023$6.7M$2.3M2024
Revenue Expenses · by fiscal year end
Financials of B QUEST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$6,681,134$2,349,746$4,331,388$34,573,509$10,000,000$24,573,509
December 31, 2023990-PF$2,921,718$2,165,312$756,406$21,260,359$0$21,260,359
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,996,734
Dividends
$236,649
Net gain from sales of assets
$4,439,200
Other income
$8,551

Expenses

Grants and similar amounts paid
$1,827,297
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$277,135
Disbursements for charitable purposes
$2,245,725
Excise tax on investment income
$65,257

Balance sheet and other

Total assets, start of year
$21,260,359
Total assets, end of year
$34,573,509
Total liabilities, end of year
$10,000,000
Net assets, end of year
$24,573,509
Fair market value of assets
$36,412,275
Qualifying distributions
$20,497,082
Net investment income
$4,743,785

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BEVERLY MEAD
2405 BANCROFT ST, SAN DIEGO, CA 92104
CHIEF IMPACT OFFICER
Highest-paid employee
30$180,000
JENNY PERILLO
2405 BANCROFT ST, SAN DIEGO, CA 92104
PROGRAM MANAGER
Highest-paid employee
30$97,135
KARA BALLESTER
2405 BANCROFT ST, SAN DIEGO, CA 92104
PRESIDENT25$0
ANDREW BALLESTER
2405 BANCROFT ST, SAN DIEGO, CA 92104
TREASURER/SECRETARY5$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Beverly Mead
2405 Bancroft St, San Diego, CA 92104
Chief Impact Officer
Highest-paid employee
40$171,538
Kara Ballester
2405 Bancroft St, San Diego, CA 92104
President25$0
Andrew Ballester
2405 Bancroft St, San Diego, CA 92104
Treasurer/Secretary5$0

Address and contacts

Address (IRS master file)
2405 BANCROFT ST, SAN DIEGO, CA 92104-5121
In care of
% ANDY BALLESTER
Signed the 990-PF
KARA BALLESTER, PRESIDENT
Phone
(619) 228-6274
Return prepared by
EIDE BAILLY LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 47-5550417 or by the name B QUEST.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
47-5550417
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2016
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$34,573,509
Income (IRS master file)
$16,902,444

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$6,681,134$2,349,746$34,573,509IRS
990-PFDecember 2023$2,921,718$2,165,312$21,260,359XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-5550417).

Questions about B QUEST

What is the EIN of B QUEST?
The employer identification number (EIN) of B QUEST is 47-5550417.
Is B QUEST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to B QUEST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does B QUEST file?
Form 990-PF. Private foundations file every year.
When is the next return of B QUEST due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did B QUEST last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of B QUEST?
The 990-PF for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $180,000 (BEVERLY MEAD, CHIEF IMPACT OFFICER).
How much revenue does B QUEST have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $6,681,134, expenses of $2,349,746 and total assets of $34,573,509 at year end.

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