2025-03-25T07:57:47-05:00 2024-06-30 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2023-07-01 521665643 QUALITY EDUCATION FOR MINORITIES NETWORK QUAL 2026591818 1818 N STREET NW SUITE 350 WASHINGTON DC 20036 DR MERCY MUGO EXECUTIVE DIRECTOR 2026591818 2025-03-25 1 1 LAURA KIELCZEWSKI P00740769 3016529100 2025-03-24 2023 2025-03-06 01:10:19Z DR MERCY MUGO 1818 N STREET NW SUITE 350 WASHINGTON DC 20036 2878882 0 X WWW.QEM.ORG X 1989 DC QEM NETWORK SERVES AS A NATIONAL RESOURCE AND CATALYST TO UNITE AND STRENGTHEN EDUCATIONAL OPPORTUNITIES FOR ALL AMERICAN CITIZENS IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM) FIELDS BY ADVANCING QUALITY EDUCATION, DOMESTIC TALENT, AND LEADERSHIP. 11 11 24 11 0 0 2598641 2861890 0 0 19213 16992 0 0 2617854 2878882 306783 345351 0 0 942240 1089663 0 0 16712 888587 1362282 2137610 2797296 480244 81586 2110196 2326325 1016914 1099233 1093282 1227092 X QEM NETWORK WORKS WITH INDIVIDUALS, ORGANIZATIONS, AND INSTITUTIONS ACROSS THE COUNTRY TO COORDINATE AND ENERGIZE EFFORTS TO IMPROVE THE EDUCATION OF DOMESTIC TALENT IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM) FIELDS. WE ARE DEDICATED TO ADVANCING DOMESTIC TALENT PARTICIPATION IN STEM DISCIPLINES THROUGHOUT THE NATION THROUGH CAPACITY BUILDING, STUDENT PROFESSIONAL DEVELOPMENT, FACULTY DEVELOPMENT AND RESEARCH. 0 0 2512576 345351 0 SEE SCHEDULE O. 2512576 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 122 0 1 24 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 X DR MERCY MUGO 2026591818 1818 N STREET NW SUITE 350 WASHINGTON DC 20036 DAVIEN BURNETTE CHAIR 1.00 X X 0 0 0 DR CHARLES BEADY JR DIRECTOR 1.00 X 0 0 0 MR DERIK COFFEY CHAIR 1.00 X 0 0 0 MR RICHARD COLEMAN II DIRECTOR 1.00 X 0 0 0 DR LEONARD HAYNES III DIRECTOR 1.00 X 0 0 0 MS GAIL JOHNSON DIRECTOR 1.00 X 0 0 0 DR DIANA I MARINEZ DIRECTOR 1.00 X 0 0 0 DR CYNTHIA OVERTON DIRECTOR 1.00 X 0 0 0 DR JAMES TURNER DIRECTOR 1.00 X 0 0 0 ERNEST GREEN DIRECTOR 1.00 X 0 0 0 DR SHERRIE M B GREEN DIRECTOR 1.00 X 0 0 0 DR MERCY MUGO EXECUTIVE DIRECTOR 40.00 X 149820 0 17786 DR ERIN LYNCH PRESIDENT 40.00 X 229251 0 0 379071 0 17786 2 0 1 0 0 2341820 520070 2861890 16992 16992 2878882 0 0 16992 X 345351 345351 404786 341179 57915 5692 439917 370792 62941 6184 34172 28803 4889 480 131323 110688 18789 1846 79465 66979 11369 1117 99725 99725 4267 4267 601823 576161 25662 14648 9636 5012 97086 97086 241847 209419 32428 6069 645 5424 115 115 856 856 3314 3314 OTHER PARTICIPANTS COST 176850 176871 -21 STIPENDS/FELLOWSHIPS 73525 73525 EQUIPMENT RENTAL AND MA 35466 17761 17705 INDIRECT COST ALLOC. 0 183400 -184793 1393 6691 1366 5325 2797296 2512576 268008 16712 48 48 992762 905512 605920 658695 265 1539 12874 12547 36933 36573 1216 360 421886 485393 48408 235414 26817 26817 2110196 2326325 266731 261426 703961 601921 46222 235886 1016914 1099233 X 593854 816039 499428 411053 1093282 1227092 2110196 2326325 81586 52224 0 X 0 1 X 1 1 1 X 1217095 1255372 1625452 2598641 2861890 9558450 1217095 1255372 1625452 2598641 2861890 9558450 758299 8800151 15708 12386 17351 19213 16992 81650 9640100 0.91290 0.92940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36933 36573 360 360 OPERATING LEASE LIABILITY 235886 235886 X 2926839 52224 52224 2874615 4267 4267 2878882 2793029 0 2793029 4267 4267 2797296 PART X, LINE 2: QEM IS EXEMPT FROM INCOME TAXES AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNA REVENUE CODE AND IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. SIMILAR TO OTHER TAX-EXEMPT ORGANIZATIONS, QEM IS SUBJECT TO UNRELATED BUSINESS INCOME. QEM BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. QEM RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS AND PENALTIES, IF ANY, IN MANAGEMENT AND GENERAL SERVICES EXPENSES ON THE STATEMENTS OF ACTIVITIES AND CHANGE IN NET ASSETS. DURING THE YEARS ENDED JUNE 30, 2024 AND 2023, QEM DID NOT HAVE NET TAXABLE INCOME FROM UNRELATED BUSINESS ACTIVITY; THEREFORE, THERE IS NO PROVISION IN THESE FINANCIAL STATEMENTS FOR INCOME TAXES OR INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS. TAX YEARS PRIOR TO 2021 ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE OR THE TAX JURISDICTION OF THE DISTRICT OF COLUMBIA. 1 AMERICAN INSTITUTES FOR RESEARCH 1400 CRYSTAL DRIVE 10TH FLOOR ARLINGTON VA 22202 250965219 501(C)(3) 263014 0 RESEARCH 1 PART I, LINE 2: QEM MONITORS THE USE OF GRANT FUNDS IN ACCORDANCE WITH UNIFORM GUIDANCE REQUIREMENTS. X 0 0 0 0 0 0 0 0 0 DR ERIN LYNCH PRESIDENT 229251 0 0 0 0 0 0 0 0 0 229251 0 0 0 DR MERCY MUGO EXECUTIVE DIRECTOR 149820 0 0 0 0 0 15000 0 2786 0 167606 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS REVIEWED BY THE EXECUTIVE DIRECTOR. IT IS AVAILABLE UPON REQUEST TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C PER ARTICLE VI OF THE CONFLICT OF INTEREST POLICY, EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS AGREED TO COMPLY WITH THE POLICY AND WHICH REQUIRES THE DISCLOSURE OF POSSIBLE CONFLICTING INTERESTS. FORM 990, PART VI, SECTION B, LINE 15A A SUBSET OF THE BOARD OF DIRECTORS (CHAIR AND TREASURER) UNDERTOOK A COMPREHENSIVE REVIEW OF THE COMPANY'S FINANCIAL PERFORMANCE AND THE PRESIDENT'S CONTRIBUTIONS TOWARDS ACHIEVING THE ORGANIZATION'S STRATEGIC GOALS. THEY BENCHMARKED AGAINST COMPARABLE POSITIONS WITHIN SIMILAR ORGANIZATIONS TO ESTABLISH A BALANCED COMPENSATION PACKAGE DESIGNED TO MOTIVATE AND RETAIN THE PRESIDENT WHILE ALIGNING THE LONG-TERM SUCCESS OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 QUALITY EDUCATION FOR MINORITIES NETWORK MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANT & CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 576,161. MANAGEMENT AND GENERAL EXPENSES 25,662. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 601,823.