Nonprofit screen
Screen a listQuantum Leap Healthcare Collaborative
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$46Mrevenue
FY2024 · −19% in 3 yrs114staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−37.4%
Months of reserve0.6mo
Revenue growth (annualized)+20.3%
Middle half of peersMedianQuantum Leap Healthcare Collaborative
Where the money goes FY2024 · $63M spent
Programs$55M88%Management and general$6.7M11%Fundraising$562k1%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$2.6M in FY2023 and −$17M in FY2024. Cash covers 0.6 months, under the peer median of 1.7.
990 Part I and balance sheetIn its favor3
Strong governance
11 of 12 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 20% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 3 of its 3 returns, 37% of revenue in FY2022.
990 Part VIII18funders
$219ka year, last 3 years
46%from its largest funder
Funder’17’18’19’20’21’22’23Kevin C Tang FoundationOn and off$518kWilliam K Bowes Jr FoundationSince FY2020$250k$50k$50k$75kThe Albertsons Companies FoundationOn and off$300kEsserman Family FoundationOn and off$10k$15k$15k$10kThe William R Rich FoundationOn and off$40kThe Grove FoundationOn and off$25kDonor-advised giftsDonors not disclosed$150k$360k$73k$53k$47k3 other fundersUp to $10k a year each$8k$20k$3k
FundedThrough a donor-advised fund