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Indiana · Nonprofit

Questa Education Foundation Inc

Questa Education Foundation Inc (Indiana) receives grants from 34 organizations whose IRS filings report $5,810,671 to it, the largest being AWS FOUNDATION INC ($1,476,875). 24 of them have funded it in more than one year.

Revenue FY2025
$4.8M
Funders on record
34
Grants received
$5.8M
Net assets
$20M
24/34 repeat funderspeak grant-dependency 42%
01What it does

What Questa Education Foundation Inc does

Mission

Questa Education Foundation helps individuals access post-secondary education, graduate with less debt, and become contributing members of Northeast Indianas workforce.

As stated on its FY2025 Form 990.

Program

  1. Questa Education Foundation administers the following loan and scholarship programs:During fiscal year 2025, Questa Foundation provided over $3,671,600 in Questa Scholars loans to 616 students primarily from Adams, Allen, DeKalb, Huntington, Kosciuscko, LaGrange, Noble, Steuben, Wabash, Wells and Whitley counties attending college. Students in the Questa Scholars Program are typically eligible to borrow up to $20,000 over four years ($2,500 per semester for up to $5,000 per academic year) for college. Students who graduate college and meet certain residency and employment requirements in northeast Indiana for 1 - 5 years after college typically become eligible to have 50% - 100% of the principal loan balance forgiven over the five years. Please see Schedule O for further information.

    $3,351,677 spentof which $166,068 as grants$268,233 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,351,677.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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 = 20202020 Revenue 100 ($1.8M) Expenses 100 ($1.6M) Net assets 100 ($14M)2021 Revenue 118 ($2.1M) Expenses 100 ($1.6M) Net assets 114 ($16M)2022 Revenue 180 ($3.3M) Expenses 89 ($1.4M) Net assets 107 ($15M)2023 Revenue 170 ($3.1M) Expenses 139 ($2.3M) Net assets 117 ($16M)2024 Revenue 252 ($4.6M) Expenses 209 ($3.4M) Net assets 130 ($18M)2025 Revenue 264 ($4.8M) Expenses 234 ($3.8M) Net assets 140 ($20M)
202020212022202320242025
Revenue (264)Expenses (234)Net assets (140)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 2020 to 2021, from $14M to $16M (+13%).

$14M
$16M
$15M
$17M
$18M
$20M
202020212022202320242025
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.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

79% of Questa Education Foundation Inc’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$186k
’20
$512k
’21
$1.8M
’22
$812k
’23
$1.2M
’24
$983k
’25
8.9
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

Ian Boyce CFP

Chairman

As listed on its FY2025 Form 990.

202020212022202320242025
Listed201716181618
Joined·+2+4+4+3+4
No longer listed·55252
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 18 funders, grant income rose $70k → $1.3M.

4 of 34 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $989k from 2 payers (the payer shares this organization's board, largest 8020 Foundation Trust). These are real filings, and they are not money Questa Education Foundation Inc raised.

From the IRS filings of Questa Education Foundation Inc’s funders (the co-funder graph). Top 30 of 34 funders by total. 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

Questa Education Foundation Inc has a broad base — no single funder exceeds 25% 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

29% 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 Questa Education Foundation Inc.

25%
largest funder
58%
top three
~7
effective funders

Largest funder’s share by year: 2017 50% · 2018 49% · 2019 41% · 2020 37% · 2021 25% · 2022 52% · 2023 43% — diversifying over time.

“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.

How long its funders stay

69% of Questa Education Foundation Inc's funders are still giving 3 years after their first grant; 71% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

74% of Questa Education Foundation Inc's grant income comes from Indiana funders.

NY
IN
OH
PA
CO
MO

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

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $117k arriving through sponsors registered in 3 states 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

Questa Education Foundation Inc runs a healthier operating margin than three-quarters of the 9,615 education nonprofits its size.

Operating margin21% · top quartile
Months of reserve8.9mo · top quartile
Revenue growth (annualized)21% · top quartile

this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025

Organizations like Questa Education Foundation 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 Indiana

Nationally

05Profile & governance

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

Where the money goes

89% of spending goes to programs.

Program 89%Management 7%Fundraising 5%

Governance

17
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

92%

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

Footprint & structure

Files a return copy in 1 state

IN

Screen this organization

A dated, signed PDF of the compliance screen for Questa Education Foundation 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 Questa Education Foundation Inc?
Questa Education Foundation Inc (Indiana) receives grants from 34 organizations whose IRS filings report $5,810,671 to it, the largest being AWS FOUNDATION INC ($1,476,875). 24 of them have funded it in more than one year.
How many funders does Questa Education Foundation Inc have?
IRS filings report 34 organizations giving $5,810,671 in grants to Questa Education Foundation Inc, 24 of which have funded it in more than one year.
Who is the largest funder of Questa Education Foundation Inc?
AWS FOUNDATION INC is the largest funder on record, with $1,476,875 in grants. The full list of funders is on this page.
How can an organization like Questa Education Foundation Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Questa Education →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 34 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 22, 2026. What this page cannot tell you · view filing