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Nonprofit · EIN 93-2577329

QCARES FOUNDATION INC

Tax-exempt · BURLINGTON, NJ 08016

Financials

$26K2023$16K$2K2024
Revenue Expenses · by fiscal year end
Financials of QCARES FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$16,467$2,000$14,467$40,458–$40,458
December 31, 2023990-EZ$25,991––$25,991–$25,991
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Net income from fundraising events
$16,467

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$2,000

Balance sheet and other

Total assets, start of year
$25,991
Total assets, end of year
$40,458
Total liabilities, end of year
–
Net assets, end of year
$40,458
Cash, savings and investments
$40,458
Gross receipts
$98,040

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Kenneth M RickettsTrustee2$0
Jamara DavisTrustee2$0
Kenicia RickettsTrustee2$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Kenneth M RickettsTrustee2$0
Jamara DavisTrustee2$0
Kenicia RickettsTrustee2$0

Address and contacts

Address (IRS master file)
2030 ROUTE 130 N, BURLINGTON, NJ 08016-9716
In care of
% JAMARA DAVIS
Signed the 990-EZ
Jamara Davis, Trustee
Phone
(609) 589-0420
Return prepared by
Lear & Pannepacker LLP

Mission

The QCARES Foundation was established in 2023 by the leadership of QPSI, a major employer in the Burlington-Florence NJ area, to support efforts by customers, employees & management of QPSI within the community. Its mission is to provide access, exposure, essential resources and opportunities tht will enable individuals and communities to achieve equity through foundational support and programming.QCARES is dedicated to empowering underserved communities by providing the tools and resources for equitable progress. Our vision is to be a driving force in creating a more inclusive society. The ongoing challenge begins by supporting our youth. By introducing individuals of all ages to innovative methods and technologies in science, technology, engineering and mathematics (STEM), we aim to bridge the equity gap. The long-term vision is to expand the foundation's reach beyond the QPSI family so that QCARES can inspire and uplift more lives, fostering a brighter and more inclusive future for

990-EZ for the year ended December 31, 2024

Program accomplishments

  • QCARES mission is to provide access, exposure, essential resources and opportunities tht will enable individuals and communities to achieve equity through foundational support and programming.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
93-2577329
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$40,458
Income (IRS master file)
$98,040

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$16,467$2,000$40,458IRS
990-EZDecember 2023$25,991$0$25,991XML

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 93-2577329).

Questions about QCARES FOUNDATION INC

What is the EIN of QCARES FOUNDATION INC?
The employer identification number (EIN) of QCARES FOUNDATION INC is 93-2577329.
Is QCARES FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to QCARES FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does QCARES FOUNDATION INC 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 QCARES FOUNDATION INC 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 QCARES FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of QCARES FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does QCARES FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $16,467, expenses of $2,000 and total assets of $40,458 at year end.

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