Q Branch Services FY2023 filing

IRS exemption revoked

Austin, TX501(c)(6)Since 2022Community DevelopmentEIN 88-2586418

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Fosters US economic growth by helping international & domestic organizations successfully enter the u.s. Market, accelerating innovation, creating jobs, and promoting sustainable community development.

$108K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $55K a year · 7% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$108K
to officers and key staff · 24% of spending
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 2 voting members
Concern: none of 2 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$635K
Spent
$456K
To programs
0%
Net assets
$179K
By yearFY2023–FY2024
Revenue
$635K
FY2023
Revenue by fiscal year
FY2023$635K
FY2024$893K
Expenses
$456K
FY2023
Expenses by fiscal year
FY2023$456K
FY2024$962K
Net assets
$179K
FY2023
Net assets by fiscal year
FY2023$179K
FY2024$112K

From the FY2023 Form 990 · see the original

IRS revoked this organization's tax-exempt status on May 15, 2025
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2024. IRS ruling in May 2025.

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

Who runs it and what they're paid

2 people listed on the 990; $108K paid to officers and key staff.

Part VII, Section A · reportable compensation
Cheif Rxecutive Officer
$92,600Pt VII · Sec A
Cheif Operating Officer
$15,500Pt VII · Sec A

Michael Cervantes’s $65K as Chief Operating Officer is at the 41st percentile of top reported officer pay among 1709 $100K–1M community development 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 · 2 named individuals · Part VII

NameFY2024FY2023
Marcos Cervantes$46,704$92,600
Michael Cervantes$64,750$15,500

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.

See Q Branch Services executive salaries →

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps international and domestic groups enter the U.S. market, creating jobs and fostering growth.

Provided by the organization

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1 program service, described in the organization's own filed words · FY2023.
01

To provide expert-led programs in commercialization, government acceleration and venture capital designed to propel businesses forward, bridging innovation and opportunity on a global scale.

Pt IX · col B

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By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$635K
Ln 12
Fees for servicesLn 2g$563K
Gifts and grantsLn 1h$72K
Money outPt IX
$456K
Ln 25
Owns and owesPt X
$179K
net assets · Ln 32
Cash and savingsLn 1–2$179K
Total assetsLn 16$180K
LiabilitiesLn 26$2K
PeoplePt VI, VII
2
listed · VII A
PaidVII A2
Voting boardVI 1a2
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$72K
Fees for servicesLn 2g$563K
Total revenueLn 12$635K
Assets in detailPt X, end of year
CashLn 1$179K
Cash and savings togetherLn 1–2$179K
Total assetsLn 16$180K
LiabilitiesLn 26$2K
Net assetsLn 32$179K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$179K
Total assetsLn 16$0$180K
LiabilitiesLn 26$0$2K
Net assetsLn 32$0$179K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$108K$0$0$0
Other fees for servicesLn 11g$64K$0$0$0
Advertising and promotionLn 12$6K$0$0$0
Office expensesLn 13$24K$0$0$0
Information technologyLn 14$50K$0$0$0
OccupancyLn 16$62K$0$0$0
TravelLn 17$14K$0$0$0
Conferences, conventions and meetingsLn 19$128K$0$0$0
InsuranceLn 23$167$0$0$0
Total functional expensesLn 25$456K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $893K$962K−$69K$112K 990 PDF
FY2023 Viewing $635K$456K$179K$179K 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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $634,809 across 4 lines filed
VIII-1f All other contributions, gifts and grants$72,131
VIII-1h Total contributions, gifts and grants$72,131
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$562,678
VIII-12 Total revenueRelated to mission $562,678 · Unrelated business $0 · Excluded from tax $0$634,809
Part IX · Statement of functional expenses $456,291 across 9 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$108,000
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$64,295
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$5,992
IX-13 Office expensesPrograms $0 · Management $0 · Fundraising $0$23,975
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$50,239
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$61,582
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$14,294
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$127,747
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$167
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$456,291
Part X · Balance sheet $180,425 assets, 8 lines filed
X-1 Cash, non-interest-bearing$179,107
X-4 Accounts receivable$1,318
X-16 Total assetsStart of year $0$180,425
X-17 Accounts payable and accrued expenses$1,907
X-26 Total liabilitiesStart of year $0$1,907
X-27 Net assets without donor restrictions$178,518
X-32 Total net assets or fund balancesStart of year $0$178,518
X-33 Total liabilities and net assetsStart of year $0$180,425
Part XI · Reconciliation of net assets $178,518 net assets at year end
XI-1 Total revenue$634,809
XI-2 Total expenses$456,291
XI-3 Revenue less expenses$178,518
XI-10 Net assets at end of year$178,518

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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