Nonprofit · EIN 22-3773177
INSTITUTE FOR QUANTITATIVE RESEARCH
Also known as Q GROUP
Tax-exempt · NEW YORK, NY 10018
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $537,592 | $719,687 | -$182,095 | $905,441 | $183,166 | $722,275 |
| December 31, 2023 | 990 | $597,125 | $706,569 | -$109,444 | $1,445,634 | $536,464 | $909,170 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $537,450
- Investment income
- $142
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $10,395
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $85
- Accounting fees
- $12,582
- Travel
- $26,993
Balance sheet and other
- Total assets, start of year
- $1,084,052
- Total assets, end of year
- $905,441
- Total liabilities, end of year
- $183,166
- Net assets, end of year
- $722,275
- Net assets without donor restrictions
- $722,275
- Gross receipts
- $537,592
- Employees
- 0
- Volunteers
- 15
- Year formed
- 2000
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD LINDSEY | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| ANDREW ANG | BOARD MEMBER Trustee or director | 3 | $0 |
| CLIFFORD ASNESS | BOARD MEMBER Trustee or director | 1 | $0 |
| VINEER BHANSALI | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMES GORDON JR | BOARD MEMBER Trustee or director | 1 | $0 |
| FEIFEL LI | BOARD MEMBER Trustee or director | 1 | $0 |
| MEHDI MAHMUD | BOARD MEMBER Trustee or director | 5 | $0 |
| SEBASTIAN PAGE | BOARD MEMBER Trustee or director | 1 | $0 |
| MUSTAFA SAGUN | BOARD MEMBER Trustee or director | 1 | $0 |
| LAURANCE SIEGEL | BOARD MEMBER Trustee or director | 1 | $0 |
| KENNETH WINSTON | BOARD MEMBER Trustee or director | 1 | $0 |
| ANDREW WEISMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| GREG VAN INWEGEN | BOARD MEMBER Trustee or director | 1 | $0 |
| RON KAHN | BOARD MEMBER Trustee or director | 1 | $0 |
| INNA OKOUNKOVA | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD LINDSEY | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| ANDREW ANG | BOARD MEMBER Trustee or director | 3 | $0 |
| CLIFFORD ASNESS | BOARD MEMBER Trustee or director | 1 | $0 |
| VINEER BHANSALI | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMES GORDON JR | BOARD MEMBER Trustee or director | 1 | $0 |
| FEIFEL LI | BOARD MEMBER Trustee or director | 1 | $0 |
| MEHDI MAHMUD | BOARD MEMBER Trustee or director | 5 | $0 |
| SEBASTIAN PAGE | BOARD MEMBER Trustee or director | 1 | $0 |
| MUSTAFA SAGUN | BOARD MEMBER Trustee or director | 1 | $0 |
| LAURANCE SIEGEL | BOARD MEMBER Trustee or director | 1 | $0 |
| KENNETH WINSTON | BOARD MEMBER Trustee or director | 1 | $0 |
| ANDREW WEISMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| GREG VAN INWEGEN | BOARD MEMBER Trustee or director | 1 | $0 |
| RON KAHN | BOARD MEMBER Trustee or director | 1 | $0 |
| INNA OKOUNKOVA | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- CO JAFFE MGMT 330 W 38TH ST 1105, NEW YORK, NY 10018-0000
- In care of
- % FRANK MEGALE CPA
- Principal officer (990 for 2024)
- RICHARD LINDSEY, C/O JAFFE MGMT 555 8TH AVENUE 1902, NEW YORK, NY 10018
- Signed the 990
- RICHARD LINDSEY, CHAIR
- Phone
- (212) 744-6825
- Website
- Q-GROUP.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
THE ORGANIZATION'S MISSION IS TO ENCOURAGE THE STUDY OF FINANCE, SUPPORT BASIC AND APPLIED RESEARCH IN THE FIELD OF FINANCIAL ANALYSIS, AND ENCOURAGE THE USE OF ADVANCED MATHEMATICS AND ECONOMETRIC METHODS IN FINANCIAL MANAGEMENT, AND IN FURTHERANCE THEREOF, TO CONDUCT INVESTIGATIONS AND OTHER RESEARCH ACTIVITIES IN THE FIELDS OF FINANCE AND SECURITIES ANALYSIS.
Program accomplishments
- THE ORGANIZATION PROVIDES A FORUM FOR INVESTMENT PROFESSIONALS TO ADVANCE THE PRACTICE OF GLOBAL INVESTMENT MANAGEMENT BY CONNECTING INVESTMENT PROFESSIONALS WITH RIGOROUS RESEARCH AND IDEAS AT THE FRONTIER OF THE INDUSTRY.Expenses $552,213 · grants $10,395 · revenue $537,450
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-3773177
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $905,441
- Income (IRS master file)
- $537,592
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $537,592 | $719,687 | $905,441 | XML |
| 990 | December 2023 | $597,125 | $706,569 | $1,445,634 | XML |
| 990 | December 2022 | $472,027 | $649,928 | $1,548,670 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3773177).
Questions about INSTITUTE FOR QUANTITATIVE RESEARCH
- What is the EIN of INSTITUTE FOR QUANTITATIVE RESEARCH?
- The employer identification number (EIN) of INSTITUTE FOR QUANTITATIVE RESEARCH is 22-3773177.
- Is INSTITUTE FOR QUANTITATIVE RESEARCH tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2001.
- Are donations to INSTITUTE FOR QUANTITATIVE RESEARCH tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INSTITUTE FOR QUANTITATIVE RESEARCH file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INSTITUTE FOR QUANTITATIVE RESEARCH due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSTITUTE FOR QUANTITATIVE RESEARCH last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of INSTITUTE FOR QUANTITATIVE RESEARCH?
- The 990 for the year ended December 31, 2024 names RICHARD LINDSEY.
- Who are the officers and directors of INSTITUTE FOR QUANTITATIVE RESEARCH?
- The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does INSTITUTE FOR QUANTITATIVE RESEARCH have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $537,592, expenses of $719,687 and total assets of $905,441 at year end.
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