Quad Cities Open Network INC EIN 84-3550907 Form 990 (PDF) Claim this org

Quad Cities Open Network INC FY2021 filing

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Connects people to human services and resources through a shared database. For fiscal year 2021 it reported $612K in revenue, $573K in expenses, and $104K 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 (2021–2021)
Revenue
$612KFY2021
Expenses
$573K
Net assets
$104K
People
22
Filings
4
Updates
0
More identity details & actions ⌄
EIN  84-3550907 Public charity (501(c)(3)) Moline, IL Founded 2019
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Connects people to human services and resources through a shared database.
Leadership
Cecelia Bailey · Director · $24K
Money in and out
$612K revenue, $573K expenses
Bottom line
79% program efficiency
Where the money goes · FY2021
Total revenue
$612K
Pt VIII · Ln 12
Total expenses
$573K
Pt IX · Ln 25
Net assets
$104K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $39K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.21 Fundraising $0.07
Program efficiency
79%
of spending reaches programs
Operating runway
1.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$612K
FY2021
Expenses
$573K
FY2021
Total assets
$128K
FY2021
Total liabilities
$0
FY2021
Total revenue
$612K
Pt VIII · Ln 12
Total expenses
$573K
Pt IX · Ln 25
Net assets
$104K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$39K
Total assetsPt X · Ln 16$128K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

2 program services account for $942K of program spending, described in the organization's own filed words · FY2020.
01

Increase the well being of the public.

$498Kprogram expense
02

Increase the well being of the public.

$444Kprogram 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 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$23,847Pt VII · Sec A
$23,847Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$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
Contributions & grants101%$618K
— government grantsLn 1e$67K
Total revenueLn 12$612K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.21 Fundraising $0.07
Program services87%$498K
Management & general21%$120K
Fundraising7%$39K
Total functional expensesLn 25$573K

Balance Sheet

Part X · end of year
CashLn 1$57K
Total assetsLn 16$128K
Total liabilitiesLn 26$0
Total net assetsLn 32$104K
Months of cash on handcomputed1.2

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $57K · Operating expenses/yr $573K
1.2 months
Where the money goes
Program services
Program services $444K · Total expenses $564K
79%
Management & General
Management & general $120K · Total expenses $564K
21%
Fundraising
Fundraising $0 · Total expenses $564K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $551K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $618K · Total revenue $612K
101%
Government reliance
Government grants $67K · Total revenue $612K
11%
Earned-income share
Program service revenue $0 · Total revenue $612K
0%
Investment reliance
Investment income $0 · Total revenue $612K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $573K
0%
Growth & trend
Revenue growth (YoY)
This year $612K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $104K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $612K · Expenses $573K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $128K
Net-asset ratio
Net assets $104K · Total assets $128K
81%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $128K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Cecelia Bailey · Reported title DIRECTOR · Highest reported compensation $24K · Total expenses $573K
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $59K · Total expenses $573K
10%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 21%
Fundraising cost ratio 6%
Legal fee ratio 0.4%
Accounting fee ratio 3%

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 · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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