Quad Cities Open Network INC EIN 84-3550907

Quad Cities Open Network INC

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Connects people to human services and resources through a shared database. For fiscal year 2024 it reported $359K in revenue, $457K in expenses, and $117K in net assets.Pt I

Founded
2019
Type
Public charity (501(c)(3)) · Human Services
Location
Moline, IL
Website
qcopennetwork.org
Filings
4 on file (2021–2024)
Revenue
$359KFY2024
Expenses
$457K
Net assets
$117K
People
13
Filings
4
Updates
0
More identity details & actions ⌄
EIN  84-3550907 Public charity (501(c)(3)) Moline, IL Founded 2019
Form 990 (PDF)
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Size
$100K–1M
What they do
Connects people to human services and resources through a shared database.
Leadership
Angela Herrington · Board Member
Money in and out
$359K revenue, $457K expenses
Bottom line
80% program efficiency
Where the money goes · FY2024
Total revenue
$359K
Pt VIII · Ln 12
Total expenses
$457K
Pt IX · Ln 25
Net assets
$117K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$97K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20
Program efficiency
80%
of spending reaches programs▼ -13% vs prior filing year
Operating runway
3.1mo
months of highly liquid reserves at operating expense rate▼ -46% vs prior filing year
Surplus margin
-27%
revenue over expenses, this year▼ -33% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$359K
FY2024▼ -6%
Expenses
$457K
FY2024-0.4%
Total assets
$118K
FY2024▼ -46%
Total liabilities
$300
FY2024▼ -91%
Total revenue
$359K
Pt VIII · Ln 12
Total expenses
$457K
Pt IX · Ln 25
Net assets
$117K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$97K
Total assetsPt X · Ln 16$118K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

1 program service account for $365K of program spending, described in the organization's own filed words · FY2024.
01

Increase the well being of the public.

$365Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CQuad Cities Open Network INC
EINHdr · item D84-3550907
Principal addressHdr · item CMoline, IL
WebsiteHdr · item Jqcopennetwork.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P80)
Ruling yearIRS BMFApr 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Cecelia Bailey’s $74K as Director is at the 65th percentile of top reported officer pay among 2165 $100K–1M human services 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Cecelia Bailey$74,146$70,508$28,000$23,847

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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Statement of Revenue

Part VIII
Program service revenue100%$359K
Total revenueLn 12$359K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20
Program services80%$365K
Management & general20%$91K
Total functional expensesLn 25$457K

Balance Sheet

Part X · end of year
CashLn 1$118K
Total assetsLn 16$118K
Total liabilitiesLn 26$300
Total net assetsLn 32$117K
Months of cash on handcomputed3.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $118K · Operating expenses/yr $457K
3.1 months
Where the money goes
Program services
Program services $365K · Total expenses $457K
80%
Management & General
Management & general $91K · Total expenses $457K
20%
Fundraising
Fundraising $0 · Total expenses $457K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $13K · Solicited contributions (3-yr avg) $143K
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $359K
0%
Government reliance
Government grants — · Total revenue $359K
Earned-income share
Program service revenue $359K · Total revenue $359K
100%
Investment reliance
Investment income $0 · Total revenue $359K
0%
Program self-sufficiency
Program service revenue $359K · Total expenses $457K
79%
Growth & trend
Revenue growth (YoY)
This year $359K · Prior year $381K
-6%
Revenue CAGR
FY2020 $612K · FY2024 $359K
-12%
Net-asset trend (YoY)
End of year $117K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $359K · Expenses $457K
-27%
Liabilities-to-Assets
Total liabilities — · Total assets $118K
Net-asset ratio
Net assets $117K · Total assets $118K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $118K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Angela Herrington · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $457K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $151K · Total expenses $457K
33%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 20%
Revenue growth -6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$146K
See all 4 funders →
Grants paid · 4 grants · $1.2M · 2020–2022
Unitemized GrantFY2022$100,127
Unitemized GrantFY2021$200,371
Unitemized GrantFY2020$443,993
Unitemized GrantFY2020$437,463

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$381K revenue · ⤓ 990 PDF
FY2023$443K revenue · ⤓ 990 PDF
FY2022$550K revenue · ⤓ 990 PDF
FY2021$612K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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