Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2024.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
79 cents of each dollar spent went to programs.
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
4 people listed on the 990; $170K paid to officers and key staff.
Charlie Brock’s $170K as CEO is at the 91st percentile of top reported officer pay among 312 $100K–1M science & technology 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
| Name | FY2024 | FY2023 |
|---|---|---|
| Charlie Brock | $170,000 | $50,000 |
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
Builds regional prosperity by using quantum technology and fostering partnerships.
Questions for Chattanooga Quantum Collaborative
Your first name shows with your question. Chattanooga Quantum Collaborative answers here, for everyone.
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Developing plans, programs and partnerships to generate economic and workforce development gains for our community from quantum technology. Working with PARTNERS/FOUNDING members to seek federal gov't grants to support programs in our education system to bring awareness and training to students and faculty.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $46K | $119K |
| Total assetsLn 16 | $46K | $119K |
| LiabilitiesLn 26 | $0 | $2K |
| Net assetsLn 32 | $46K | $116K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $170K | $136K | $34K | |
| Payroll taxesLn 10 | $13K | $13K | ||
| Legal feesLn 11b | $8K | $8K | ||
| Accounting feesLn 11c | $7K | $7K | ||
| Other fees for servicesLn 11g | $163K | $163K | ||
| Advertising and promotionLn 12 | $6K | $6K | ||
| Office expensesLn 13 | $2K | $2K | ||
| OccupancyLn 16 | $6K | $6K | ||
| Conferences, conventions and meetingsLn 19 | $16K | $16K | ||
| Other expenses (24a–d)Ln 24 | $27K | $14K | $13K | |
| Total functional expensesLn 25 | $417K | $329K | $88K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $488K | $417K | $70K | $116K | 990 PDF |
| FY2023 | $100K | $46K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $487,500 revenue, 12 lines filed
Part VI · Governance 3 of 3 board members independent, 1 to look at
Part VIII · Statement of revenue $487,500 across 3 lines filed
Part IX · Statement of functional expenses $417,050 across 10 lines filed
Part X · Balance sheet $118,776 assets, 7 lines filed
Part XI · Reconciliation of net assets $116,463 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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