Public Charity

QM QUALITY MATTERS INC

QM QUALITY MATTERS INC, of ANNAPOLIS, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $5.9M in revenue, $6.5M in expenses, $6.7M in total assets. 3 publicly reported grants to this organization, totaling roughly $340K, appear in IRS filings.

EIN: 465503339 ANNAPOLIS, MD Latest filing: 2024
Total Revenue$5.9M
Total Expenses$6.5M
Total Assets$6.7M
Grant Records3
Funding Total$340K
Filing Years2020–2024

Mission

TO PROMOTE AND IMPROVE THE QUALITY OF ONLINE EDUCATION AND STUDENT LEARNING THROUGH: 1. DEVELOPMENT OF RESEARCH-SUPPORTED, BEST (CONTINUED ON SCHEDULE O) PRACTICE-BASED QUALITY STANDARDS AND APPROPRIATE EVALUATION TOOLS AND PROCEDURES. 2. RECOGNITION AS EXPERTS IN ONLINE EDUCATION QUALITY ASSURANCE AND EVALUATION.3. FOSTERING INSTITUTIONAL ACCEPTANCE AND INTEGRATION OF QM STANDARDS AND PROCESSES INTO ORGANIZATIONAL IMPROVEMENT EFFORTS FOCUSED ON IMPROVING THE QUALITY OF ONLINE EDUCATION.4. PROVISION OF FACULTY DEVELOPMENT TRAINING IN THE USE OF QM RUBRIC(S) AND OTHER QUALITY PRACTICES TO IMPROVE THE QUALITY OF ONLINE/HYBRID COURSES.5. PROVISION OF QUALITY ASSURANCE THROUGH THE RECOGNITION OF QUALITY IN ONLINE EDUCATION.

Officers & Directors

BOARD MEMBER Alexandera Sasha Thackaberry
DIRECTOR OF RESEARCH AND INNOVATION Bethany Simunich
DIR. OF PROF. DEV'L & CONSULTING Brenda Boyd
BOARD MEMBER David Shulman
CHIEF EXECUTIVE OFFICER Deborah Adair
DIRECTOR OF MARKETING & ENGAGEMENT James Snyder

Officer compensation and complete director data available with membership.

Top Grant Purposes

CANCELLATION OF PROMISSORY NOTE
$305,000 1 grant
YOUTH LEARNING
$20,492 1 grant
Youth Learning
$14,525 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $5.9M $6.5M $6.7M
2023 $6.8M $6.9M $7.6M
2022 $7.2M $7.0M $8.2M
2021 $7.5M $6.3M $8.2M
2020 $7.5M $5.8M $7.3M

Between 2020 and 2024, reported annual revenue declined from $7.5M to $5.9M (-20%), with total assets most recently reported at $6.7M.

Interactive year-over-year charts and full filing details available with membership.

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