Nonprofit · EIN 47-5550417
B QUEST
Tax-exempt · SAN DIEGO, CA 92104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $6,681,134 | $2,349,746 | $4,331,388 | $34,573,509 | $10,000,000 | $24,573,509 |
| December 31, 2023 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| 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 | PRESIDENT | 25 | $0 |
| ANDREW BALLESTER 2405 BANCROFT ST, SAN DIEGO, CA 92104 | TREASURER/SECRETARY | 5 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| 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 | President | 25 | $0 |
| Andrew Ballester 2405 Bancroft St, San Diego, CA 92104 | Treasurer/Secretary | 5 | $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
- Website
- BQUESTFOUNDATION.ORG
- 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)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-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
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $34,573,509
- Income (IRS master file)
- $16,902,444
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $6,681,134 | $2,349,746 | $34,573,509 | IRS |
| 990-PF | December 2023 | $2,921,718 | $2,165,312 | $21,260,359 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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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All nonprofits in SAN DIEGO · California · Philanthropy, voluntarism and grantmaking foundations