ZUnclassifiedEIN: 620924699· Ruling Year: 1974

Qsource

Memphis, Tennessee

A-Health Score
83A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.10×
Peer Median5.86×
💰
$14.2M
Total Revenue
📊
$13.4M
Total Expenses
🏦
$28.2M
Net Assets
📋
$949K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.7%
Year-over-year change (2022 → 2023)
Net Margin
+5.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.10
Net assets divided by total expenses
Liabilities-to-Assets
3.3%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$14,152,36613%$13,429,6755%$29,137,9993%
2022$12,558,5754%$12,767,25017%$28,235,81011%
2021$12,128,79818%$10,939,30526%$31,766,06015%
2020$14,798,41736%$14,844,38431%$27,560,2941%
2019$23,093,7711%$21,363,9494%$27,803,35210%
2018$22,812,7703%$20,483,5467%$25,188,75210%
2017$22,238,40218%$19,070,0518%$22,951,45720%
2016$18,769,8798%$17,715,42022%$19,159,5057%
2015$17,354,45226%$14,550,90811%$17,900,16021%
2014$13,825,8486%$13,079,86321%$14,832,48514%
2013$13,045,87625%$10,778,8399%$13,026,32023%
2012$10,476,491$9,848,019$10,630,879

Frequently Asked Questions

What does Qsource do?

Qsource is a unclassified nonprofit organization based in Tennessee. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Qsource financially healthy?

Based on our 9-metric Financial Health Score model, Qsource has a score of 83/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Qsource generate?

Qsource reports $15.5M in annual revenue and holds $31.3M in total assets, based on IRS filings.

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