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Massachusetts · Nonprofit

EDUCATION QUALITY OUTCOMES STANDARDS INC

EDUCATION QUALITY OUTCOMES STANDARDS INC (Massachusetts) receives grants from 6 organizations whose IRS filings report $1,200,600 to it, the largest being Walton Family Foundation Inc ($250,000). 1 of them have funded it in more than one year.

Revenue FY2024
$149k
Funders on record
6
Grants received
$1.2M
Net assets
$109k
1/6 repeat funderspeak grant-dependency 98%
01What it does

What Education Quality Outcomes Standards Inc does

Mission

Despite there being more than a million credentials to choose from in the u.s., there is little guidance on which ones offer the greatest return on investment for workers and employers. Our mission is to bring clarity to the ndc landscape by creating a first-of-its-kind, universal signal of quality that does not rely on data collected by providers, but instead uses real workers' outcomes before and after they attain ndcs. By providing comprehensive data on ndc quality and deploying tangible tools to activate this information, we can empower millions of u.s. Workers to translate skills into better jobs.

As stated on its FY2024 Form 990.

Program

  1. We help post secondary providers collect and report realworld outcomes data in order to establish consistent quality assurance standards across education and training programs. Eqos has developed a robust quality assurance framework and approach for education and training providers. Today, the framework is being piloted in colorado, indiana, and new jersey. In addition to creating and defining the metrics for our five outcomes standard categories, we assist individual education providers in understanding the framework and provide technical assistance in the actual collection and reporting of the outcomes data. We also assist state governments and policymakers in understanding the results and using the framework to incentivize the identification and scaling of education programs that have measurable realworld successes in training or retraining vulnerable populations.

    $35,154 spent
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $35,154.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($692k) Expenses 100 ($440k) Net assets 100 ($252k)2020 Revenue 66 ($459k) Expenses 71 ($313k) Net assets 158 ($398k)2021 Revenue 122 ($843k) Expenses 128 ($563k) Net assets 269 ($677k)2022 Revenue 0 ($0) Expenses 133 ($584k) Net assets 37 ($93k)2023 Revenue 0 ($0) Expenses 21 ($93k) Net assets 0 ($0)2024 Revenue 22 ($149k) Expenses 9 ($40k) Net assets 43 ($109k)
201920202021202220232024
Revenue (22)Expenses (9)Net assets (43)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $678k to $336k (−50%).

$252k
$398k
$678k
$336k
$0
$149k
201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 30%. Grants only. Government contracts and fees sit inside program revenue.

100% of EDUCATION QUALITY OUTCOMES STANDARDS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$252k
’19
$146k
’20
$279k
’21
−$584k
’22
−$93k
’23
$109k
’24
44
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Michael Horn

Board chair

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2021 and FY2022 filings.

201920202021202220232024
Listed544799
Joined·+1+0+3+3+0
No longer listed·20010
03Who funds it

Who funds it, year by year

2019 → 2022: the base held at 1 funder, grant income fell $242k → $75k.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of EDUCATION QUALITY OUTCOMES STANDARDS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

EDUCATION QUALITY OUTCOMES STANDARDS INC has a broad base — no single funder exceeds 21% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

61% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund EDUCATION QUALITY OUTCOMES STANDARDS INC.

21%
largest funder
62%
top three
~5
effective funders

Largest funder’s share by year: 2019 100% · 2020 56% · 2021 88% · 2022 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

EDUCATION QUALITY OUTCOMES STANDARDS INC draws 75% of its grant income from funders outside Massachusetts, across 4 states in all.

MA
IN
CO
AR

In-state vs out-of-state, by year

’20
’21
’22
Massachusetts out of state home

Funder states come from each funder’s own filing. $242k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

EDUCATION QUALITY OUTCOMES STANDARDS INC runs a healthier operating margin than three-quarters of the 22,812 education nonprofits its size.

Operating margin73% · top quartile
Months of reserve44.3mo · top quartile
Revenue growth (annualized)−26% · bottom quartile

this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024

Organizations like EDUCATION QUALITY OUTCOMES STANDARDS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

5
board members
80%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

46%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 4 related entities

  • Jobs for the Future Inc · exempt
  • Jfflabs Inc · exempt
  • Jff Ventures II Gp LLC · partnership
  • Jff Ventures LLC · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for EDUCATION QUALITY OUTCOMES STANDARDS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds EDUCATION QUALITY OUTCOMES STANDARDS INC?
EDUCATION QUALITY OUTCOMES STANDARDS INC (Massachusetts) receives grants from 6 organizations whose IRS filings report $1,200,600 to it, the largest being Walton Family Foundation Inc ($250,000). 1 of them have funded it in more than one year.
How many funders does EDUCATION QUALITY OUTCOMES STANDARDS INC have?
IRS filings report 6 organizations giving $1,200,600 in grants to EDUCATION QUALITY OUTCOMES STANDARDS INC, 1 of which have funded it in more than one year.
Who is the largest funder of EDUCATION QUALITY OUTCOMES STANDARDS INC?
Walton Family Foundation Inc is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
How can an organization like EDUCATION QUALITY OUTCOMES STANDARDS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing