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QUANTUM FOUNDATION INC

QUANTUM FOUNDATION INC

West Palm Beach, FL, US
•
501(c)3
•
EIN
59-0812783
•
WWW.QUANTUMFND.ORG
•
Open for Solicitation
Private Foundation
Regional Funder
funder logo

QUANTUM FOUNDATION INC

West Palm Beach, FL, US
•
501(c)3
•
EIN
59-0812783
•
WWW.QUANTUMFND.ORG
•
Open for Solicitation
Private Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$171,195,027

Investments
>99%
Other Assets
<1%
Cash & Equivalents
<1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$2,832,163

Grants Payable
78%
Other Liabilities
15%
Payables & Accruals
7%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$234,942
$267,348
+14%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$82,614
$99,577
+21%
Investments
$161,794,767
$170,379,114
+5%
Property, Plant, & Equipment (net)
$26,142
$17,004
-35%
Other Assets
$82,895
$431,984
+421%
Total Assets
$162,221,360
$171,195,027
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$209,489
$201,170
-4%
Grants Payable
$1,773,081
$2,201,459
+24%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$401,631
$429,534
+7%
Total Liabilities
$2,384,201
$2,832,163
+19%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$159,837,159
$168,362,864
+5%
Net assets
2023
2024
Change
Net assets
+$159,837,159
+$168,362,864
+5%
Balance Sheet
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