Quantum Martial Arts FY2024 filing

Tax-deductible

San Francisco, CA501(c)(3)Since 2007Recreation & SportsEIN 26-1534597Revenue $566K in FY2024

On file with the IRSquantumsf.org15 S Hill Blvd, 94112-4548 · San Francisco, CATax-exempt since Feb 2009Publicly supported charity — 170(b)(1)(A)(vi)

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Martial arts instruction for children and families, leadership training for young adults, community building for families, sliding scale and scholarship access for underserved and at-risk populations

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$231K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $50K a year · 10% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$231K
to officers and key staff · 45% of spending
Concern: pay to officers and key staff is 45% of spending; over 30%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $16K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 4 voting members
Fine: 2 of 4 voting members are independent, half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$566K
+28% vs prior year
Spent
$518K
To programs
88%
Net assets
$671K
By yearFY2020–FY2025
Revenue
$566K
FY2024▲ +28%
Tap a bar for its year
Revenue by fiscal year
FY2020$486K
FY2021$639K
FY2022$402K
FY2023$442K
FY2024$566K
FY2025$354K
Expenses
$518K
FY2024▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$349K
FY2021$375K
FY2022$417K
FY2023$485K
FY2024$518K
FY2025$441K
Net assets
$671K
FY2024▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$284K
FY2021$682K
FY2022$666K
FY2023$623K
FY2024$671K
FY2025$584K

From the FY2024 Form 990 · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $457K Management & general 12% · $61K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $231K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director, Treasurer
$174,700Pt VII · Sec A
Vice President/Marketing Director
$56,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Rachael Evans’s $168K as Executive Director, Treasurer is at the 99th percentile of top reported officer pay among 1016 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Rachael Evans$167,900$174,700$94,900$75,000$70,325$67,980
Amy Popovich—$56,000$82,433$87,345$75,684$66,435
Yasmeen Lowy———$35,800——
Yasi Lowy————$28,780$24,128

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Teaches martial arts and leadership, empowering youth and families through affordable community programs.

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Provided by the organization

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1 program · $457K · in their own filed words · FY2024
01

Summer camps, martial arts instruction

$457Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$16K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$566K
Ln 12
Fees for servicesLn 2g$307K
Investment incomeLn 3$182K
Gifts and grantsLn 1h$74K
Money outPt IX
$518K
Ln 25
Programscol B$457K
Managementcol C$61K
Owns and owesPt X
$671K
net assets · Ln 32
Cash and savingsLn 1–2$180K
Total assetsLn 16$673K
LiabilitiesLn 26$2K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$74K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$307K
Investment incomeLn 3$182K
Other incomeLn 4–11$3K
Gains on assetsLn 7$182K
Total revenueLn 12$566K
Assets in detailPt X, end of year
CashLn 1$167K
SavingsLn 2$13K
Cash and savings togetherLn 1–2$180K
Other assetsLn 15$414K
Total assetsLn 16$673K
LiabilitiesLn 26$2K
Net assetsLn 32$671K
OperationsPt I, VI
EmployeesI 52
VolunteersI 635
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$208K$180K
Total assetsLn 16$628K$673K
LiabilitiesLn 26$5K$2K
Net assetsLn 32$623K$671K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$231K$173K$58K$0
Other salaries and wagesLn 7$32K$32K$0$0
Other employee benefitsLn 9$25K$25K
Payroll taxesLn 10$26K$26K$0$0
Advertising and promotionLn 12$3K$3K$0$0
Office expensesLn 13$7K$5K$2K$0
Information technologyLn 14$2K$1K$1K$0
OccupancyLn 16$165K$165K
TravelLn 17$2K$2K
InsuranceLn 23$2K$2K$0$0
Other expenses (24a–d)Ln 24$21K$21K$0$0
Total functional expensesLn 25$518K$457K$61K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $354K$441K−$88K$584K 990 PDF
FY2024 Viewing $566K$518K$48K$671K 990 PDF
FY2023 $442K$485K−$43K$623K 990 PDF
FY2022 $402K$417K−$16K$666K 990 PDF
FY2021 $639K$375K$264K$682K 990 PDF
FY2020 $486K$349K$137K$284K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $565,812 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $120,606$74,198
I-9 Program service revenuePrior year $317,742$306,563
I-10 Investment incomePrior year $0$182,239
I-11 Other revenuePrior year $3,311$2,812
I-12 Total revenuePrior year $441,659$565,812
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $290,933$313,861
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $193,610$203,914
I-18 Total expensesPrior year $484,543$517,775
I-19 Revenue less expensesPrior year −$42,884$48,037
Part VI · Governance 2 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members2
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $565,812 across 11 lines filed
Lines not itemized here account for $2,812 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$6,135
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$68,063
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$74,198
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $306,563 · Unrelated business $0 · Excluded from tax $0$306,563
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $182,239$182,239
VIII-12 Total revenueRelated to mission $309,375 · Unrelated business $0 · Excluded from tax $182,239$565,812
Part IX · Statement of functional expenses $517,775 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $173,025 · Management $57,675 · Fundraising $0$230,700
IX-7 Other salaries and wagesPrograms $32,002 · Management $0 · Fundraising $0$32,002
IX-9 Other employee benefitsPrograms $25,403$25,403
IX-10 Payroll taxesPrograms $25,756 · Management $0 · Fundraising $0$25,756
IX-12 Advertising and promotionPrograms $3,436 · Management $0 · Fundraising $0$3,436
IX-13 Office expensesPrograms $5,464 · Management $1,821 · Fundraising $0$7,285
IX-14 Information technologyPrograms $1,230 · Management $1,230 · Fundraising $0$2,460
IX-16 OccupancyPrograms $165,370$165,370
IX-17 TravelPrograms $2,271$2,271
IX-23 InsurancePrograms $2,351 · Management $0 · Fundraising $0$2,351
IX-24 Other expenses (24a–d)Programs $20,741 · Management $0 · Fundraising $0$20,741
IX-25 Total functional expensesPrograms $457,049 · Management $60,726 · Fundraising $0$517,775
Part X · Balance sheet $672,994 assets, 11 lines filed
Asset lines not itemized here account for $20,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $201,170$166,843
X-2 Savings and temporary cash investmentsStart of year $7,313$13,025
X-4 Accounts receivableStart of year $39,446$39,118
X-8 Inventories for sale or useStart of year $8,609$7,394
X-9 Prepaid expenses and deferred chargesStart of year $12,229$12,650
X-15 Other assetsStart of year $331,496$413,964
X-16 Total assetsStart of year $628,463$672,994
X-17 Accounts payable and accrued expensesStart of year $5,313$1,807
X-26 Total liabilitiesStart of year $5,313$1,807
X-32 Total net assets or fund balancesStart of year $623,150$671,187
X-33 Total liabilities and net assetsStart of year $628,463$672,994
Part XI · Reconciliation of net assets $671,187 net assets at year end
XI-1 Total revenue$565,812
XI-2 Total expenses$517,775
XI-3 Revenue less expenses$48,037
XI-4 Net assets at start of year$623,150
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$671,187

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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