Quest Scholars Program
Also known as Questbridge
Quest Scholars Program reported $11.3 million in revenue and $10.7 million in expenses for calendar year 2024. Of every $100 it spent, $83.45 went to program services, $14.57 to management and general costs and $1.98 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.1% of the total. The highest compensation it reported for one person was $315,712 (CEO/BOARD CHAIR). 1 person received more than $100,000 in reportable compensation. Revenue rose 84% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $11MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.4% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.21 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 8.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 87.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $315,712 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.94% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 1 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 24.0 | 13.3 |
| Independent voting board members Part VI 1a–1b | 8 of 10 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseQuestbridge is a national non-profit with a mission to connect high-achieving students from low-income backgrounds to transformative educational, career, and life opportunities. From our founding over 30 years ago, questbridge has always been an organization focused on creating opportunities for students from low-income backgrounds, regardless of race, geography, or academic interest. Our goal is to support strong and dynamic future leaders who will drive innovation and impact in every sector of society. In 2024, questbridge supported over 8,000 high school students from all 50 states on…
Quest Scholars network - the Quest Scholars network connects Quest Scholars and enables them to get involved with opportunities for scholarship, leadership and service. In 2024 questbridge supported over 30,000 scholars and alumni as they navigate college and career
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO/BOARD CHAIR Director/trustee, officer, 40.00 hrs/week | $315,712 | $0 | $0 | $315,712 |
1 people received more than $100,000 in reportable compensation from Quest Scholars Program (Part VII, line 2). Compensation of current officers, directors and key employees totaled $320K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b10 · 8 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 564
- Volunteers Part I, line 69
Private foundation grants it received
4 private foundations reported grants to Quest Scholars Program totaling $526K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Quest Scholars Program's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Quest Scholars Program, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Quest Scholars Program spent in 2024, $83.45 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Mississippi University for Women FoundationColumbus, MS · revenue $11M · programs 80.3% · FY2025
- AchievekidsPalo Alto, CA · revenue $11M · programs 84.3% · FY2025
- High Tech High Graduate School of EducationSan Diego, CA · revenue $11M · programs 95.4% · FY2025
- Montessori Regional Charter SchoolErie, PA · revenue $11M · programs 92.1% · FY2025
- Stoneleigh-Burnham SchoolGreenfield, MA · revenue $11M · programs 69.8% · FY2025
Questions people ask
How much of Quest Scholars Program's spending goes to programs?
In calendar year 2024, Quest Scholars Program reported that 83.4% of its $10.7 million in expenses went to program services, 14.6% to management and general and 2.0% to fundraising (Form 990, Part IX).
How much does Quest Scholars Program pay its top executive?
The largest total compensation Quest Scholars Program reported for one person in calendar year 2024 was $315,712, for the role of CEO/BOARD CHAIR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Quest Scholars Program get its money?
Of $11.3 million in revenue in calendar year 2024, 8.8% came from contributions and grants and 87.1% from program service revenue (Form 990, Part VIII).
Is Quest Scholars Program a registered charity?
The IRS lists EIN 94-3348336 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202523029349300717 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423209349314467 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343179349311864 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243189349319454 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123199349312237 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023219349308662 · read the filing
All filings for EIN 94-3348336: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.