2024-11-13T07:06:05-06:00 2024-06-30 420714325 RSM US LLP 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 990 2023-07-01 263670453 QLARANT INC QLAR 8668862658 28464 MARLBORO AVENUE EASTON MD 21601 CHRISTINE LEISTER CHIEF FINANCIAL OFFICER 8668862658 2024-11-08 1 1 JULIA FLANNERY P00928918 4102469300 2024-11-08 2023 2024-10-15 13:58:12Z RONALD FORSYTHE 28464 MARLBORO AVENUE EASTON MD 21601 785858 0 X WWW.QLARANT.COM X 2007 MD PROVIDES GOVERNMENT CONTRACTING, AUDITING, MONITORING & CONSULTING FOR THE HEALTH CARE INDUSTRY. 15 15 94 0 0 0 2618622 750000 0 0 525 19751 26049 16107 2645196 785858 0 0 0 0 4501948 4474368 0 0 0 -3185706 -4002203 1316242 472165 1328954 313693 10568545 10557875 7564023 7239660 3004522 3318215 QLARANT INC'S, MISSION IS TO IMPROVE HEALTH IN THE COMMUNITIES WE SERVE. 0 0 MONITORING AND IMPROVING THE DELIVERY OF HEALTH CARE SERVICES AND INVESTIGATING HEALTH CARE FRAUD, WASTE AND ABUSE. 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 57 0 1 94 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD CA X CHRISTINE LEISTER 8668862658 28464 MARLBORO AVENUE EASTON MD 21601 AMANDA NEAL BOARD MEMBER 1.00 1.00 X 14498 1782 0 ANTHONY KERN VICE CHAIR 4.50 0.00 X X 18599 0 0 BRIAN GRISSLER SECRETARY/TREASURER 2.50 0.00 X X 13676 0 0 HARBHAJAN AJRAWAT MD BOARD MEMBER 1.00 0.00 X 11441 0 0 HERBERT CHAIN BOARD MEMBER 1.00 0.00 X 13129 0 0 JOHN MURRAY CHAIR 2.50 0.00 X X 32822 0 0 MIDGETT PARKER JR BOARD MEMBER 2.00 0.00 X 13129 0 0 REGINA KNOX-WOODS BOARD MEMBER 1.00 1.50 X 12661 3750 0 S ALLAN ADELMAN BOARD MEMBER 1.25 0.00 X 10941 0 0 ELIZABETH M HEWLETT BOARD MEMBER 2.00 0.00 X 10941 0 0 MARK T EDNEY MD BOARD MEMBER 1.00 0.00 X 10941 0 0 JONATHAN BOYER BOARD MEMBER (BEG 1/1/24) 1.00 1.00 X 3441 7500 0 CHANTE'L BRADY BOARD MEMBER (BEG 1/1/24) 1.00 1.00 X 3441 7500 0 CHRISTOPHER BROOMFIELD BOARD MEMBER (BEG 1/1/24) 1.00 0.25 X 3441 7500 0 ARNOLD WILLIAMS BOARD MEMBER (BEG 1/1/24) 1.00 1.00 X 3441 7908 0 RONALD FORSYTHE CEO 0.00 55.00 X 0 841125 96971 JEFFREY WEISS CFO 0.00 50.00 X 0 204528 21138 SHANNON WOLFE CORPORATE SECURITY OFFICER 0.00 45.00 X 0 224812 21022 BRIAN CLEARY CHIEF INFOMATION OFFICER 0.00 50.00 X 0 252819 55909 LISA PRESTON FREEMAN CHIEF HUMAN RESOURCE OFFICER 0.00 50.00 X 0 281842 53020 DANIEL EDRIS DIRECTOR, DATA MANAGEMENT 0.00 45.00 X 0 182491 62540 HONGLI PU VP, NEW PRODUCT DEVELOPMENT 0.00 45.00 X 0 242124 68244 WILLIAM MAPP CHIEF TECHNOLOGY OFFICER 0.00 45.00 X 0 235952 64453 CHRISTINE LEISTER DIRECTOR, ACCOUNTING 0.00 40.00 X 0 183752 58937 DEIRDRE STOKES CONTRACT AND COMPLIANCE OFFICER 0.00 40.00 X 0 168834 20258 DANA FIDLER FORMER CFO (THRU 3/3/23) 0.00 0.00 X 0 105282 5124 176542 2959501 527616 40 1 1 0 INBAND NETWORKS LLC 6030 MARSHALEE DR STE 703 ELKRIDGE MD 21075 IT LICENSES/SUPPORT (CISCO) 866973 MCCARTER & ENGLISH LLP FOUR GATEWAY CENTER NEWARK NJ 07102 LEGAL COUNSEL 633825 IP DATA SYSTEMS INC PO BOX 276 GLENWOOD MD 21738 IT LICENSES/SUPPORT 364364 VIVID PAGES INC 9701 APOLLO DRIVE SUITE 301 LARGO MD 20774 TECHNOLOGY DEVELOPMENT 274800 APPNICITY LLC 5000 THAYER CENTER STE C OAKLAND MD 21550 SOFTWARE PROGRAMMING/DEVELOPMENT 260032 14 750000 750000 19751 19751 OTHER INCOME 900099 16107 16107 16107 785858 0 0 35858 176542 176542 1530413 1530413 1172239 1172239 860274 860274 734900 734900 62567 62567 24670 24670 888487 888487 804733 804733 593 593 19201 19201 404371 404371 ALLOCATION TO SUBSIDIAR -6212823 -6212823 5998 5998 472165 0 472165 0 542607 777453 2621 67784 1830361 1406755 5511153 4171670 1692457 1339483 10682 12954 6489817 6953446 10568545 10557875 2763368 3053210 4800655 4186450 7564023 7239660 X 3004522 3318215 3004522 3318215 10568545 10557875 313693 0 X 0 1 X 1 0 X X X 4 QLARANT QUALITY SOLUTIONS INC 521000082 7 1 0 0 QLARANT ADVISORY SOLUTIONS INC 522334320 7 1 0 0 QLARANT FOUNDATION INC 200065799 7 1 0 0 QLARANT INTEGRITY SOLUTIONS LLC 203796994 10 1 0 0 4 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 472165 97720928 472165 97720928 94433 1000000 23608 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 3103 3103 250000 250000 250000 250000 1000000 1500000 1076927 664881 412046 4434226 3506789 927437 1339483 DEPOSITS 49328 INVESTMENT IN SUBSIDIARY 1650000 DUE FROM RELATED PARTY 1765238 RIGHT OF USE ASSET 3488880 6953446 PROVISION FOR INSURANCE CLAIMS 137379 LEASE LIABILITY 4049071 4186450 X 103860981 103075123 103075123 785858 0 785858 95459869 94987704 94987704 472165 0 472165 PART X, LINE 2: THE COMPANY FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE COMPANY MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION CLASSIFICATION, INTEREST, PENALTIES ON INCOME TAXES AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT HAS EVALUATED THE COMPANY'S TAX POSITIONS AND HAS CONCLUDED THAT THE COMPANY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISION OF THIS GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM AFFILIATES INCLUDED ON CONSOLIDATED FINANCIAL STATEMENTS 103,091,230. ELIMINATION ENTRY -16,107. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM AFFILIATES INCLUDED ON CONSOLIDATED FINANCIAL STATEMENTS 95,003,811. ELIMINATION ENTRY -16,107. X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 RONALD FORSYTHE CEO 0 608512 0 203213 0 29400 0 54296 0 42675 0 938096 0 18000 LISA PRESTON FREEMAN CHIEF HUMAN RESOURCE OFFICER 0 216345 0 65000 0 497 0 0 0 53020 0 334862 0 0 HONGLI PU VP, NEW PRODUCT DEVELOPMENT 0 191829 0 50125 0 170 0 20339 0 47905 0 310368 0 0 BRIAN CLEARY CHIEF INFOMATION OFFICER 0 201656 0 50853 0 310 0 20732 0 35177 0 308728 0 0 WILLIAM MAPP CHIEF TECHNOLOGY OFFICER 0 175366 0 60360 0 226 0 18590 0 45863 0 300405 0 0 SHANNON WOLFE CORPORATE SECURITY OFFICER 0 187432 0 37028 0 352 0 18781 0 2241 0 245834 0 0 DANIEL EDRIS DIRECTOR, DATA MANAGEMENT 0 157511 0 24679 0 301 0 16769 0 45771 0 245031 0 0 CHRISTINE LEISTER DIRECTOR, ACCOUNTING 0 160049 0 22838 0 865 0 16856 0 42081 0 242689 0 0 JEFFREY WEISS CFO 0 204343 0 0 0 185 0 0 0 21138 0 225666 0 0 DEIRDRE STOKES CONTRACT AND COMPLIANCE OFFICER 0 147743 0 20625 0 466 0 15144 0 5114 0 189092 0 0 DANA FIDLER FORMER CFO (THRU 3/3/23) 0 86050 0 18771 0 461 0 4816 0 308 0 110406 0 0 PART I, LINE 1A RON FORSYTHE RECEIVED A REIMBURSEMENT LIFE INSURANCE AND DISABILITY INSURANCE THAT WAS GROSSED-UP FOR TAXES. PART I, LINE 4B CEO, RON FORSYTHE, PARTICIPATES IN A 457(F) PLAN. THERE WERE NO CONTRIBUTIONS INTO THE PLAN DURING 2023 AND $20,371 VESTED AND WAS PAID DURING 2023. PART I, LINE 7 THE ORGANIZATION PAID DISCRETIONARY BONUSES IN 2023. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CEO, CFO, AND THE FINANCE COMMITTEE. THE BOARD OF DIRECTORS RECEIVES A COPY OF THE RETURN PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS PARTICIPATES IN ANNUAL COMPLIANCE TRAINING AND CONFLICT OF INTEREST TRAINING GIVEN BY THE COMPLIANCE OFFICER. EACH BOARD MEMBER, THE CEO, COO, AND CFO ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE ON AN ANNUAL BASIS. THERE MAY BE A MATTER WHERE A MEMBER, OR A MEMBER OF THE MEMBER'S FAMILY, MAY HAVE A MATERIAL PERSONAL INTEREST IN A TRANSACTION OR COURSE OF ACTION IN WHICH QLARANT, INC. IS, OR MAY BE, INVOLVED. IN SUCH CIRCUMSTANCES, THE MEMBER SHALL NOT PARTICIPATE IN THE VOTING UPON, OR DISCUSSION OF, THE MATTER EXCEPT UNDER THE FOLLOWING CIRCUMSTANCES: 1. A REQUEST TO PARTICIPATE IS MADE TO THE COMPLIANCE COMMITTEE ALONG WITH FULL DISCLOSURE OF THE POTENTIAL CONFLICT AND ALL RELEVANT FACTS; AND 2. THE COMPLIANCE COMMITTEE DETERMINES THAT A MATERIAL PERSONAL INTEREST IS NOT INVOLVED; AND 3. THE BOARD IS FULLY ADVISED OF THE COMPLIANCE COMMITTEE'S DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL ASSOCIATES IS MANAGED THE SAME WAY WITH EXCEPTION OF THE CEO. HR IS RESPONSIBLE FOR ENSURING THAT EACH POSITION IS GRADED PROPERLY BASED ON EXTERNAL BENCHMARK DATA. COMPENSATION FOR THE VARIOUS POSITION RANGES ARE IN COMPLIANCE WITH LOCAL REQUIREMENTS, WHERE REQUIRED, AND EXTERNALLY BENCHMARKED TO ENSURE APPROPRIATE EQUITY. ANNUALLY, THE MERIT CONTRIBUTION ASSUMPTIONS ARE APPROVED BY THE BOARD. HR THEN OVERSEES EXECUTION OF THE MERIT PLANNING PROCESS BY THE ORGANIZATION BASED ON APPROVED BOARD ASSUMPTIONS. THE CEO REVIEWS THE OVERALL PLAN WITH THE VICE PRESIDENT OF HR FOR COMPLIANCE AND APPROPRIATE DISTRIBUTION BASED ON EMPLOYEE PERFORMANCE AND ALIGNMENT WITH OVERALL COMPENSATION PAY RANGES. THIS COMMON PROCESS IS FOLLOWED FOR ALL COMPANY EMPLOYEES WITH EXCEPTION OF THE CEO. THE EXECUTIVE BOARD REVIEWS AND APPROVES COMPENSATION OF THE CEO ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). QLARANT TECHNOLOGY SOLUTIONS LLC 28464 MARLBORO AVENUE EASTON MD 21601 873551418 TECHNOLOGY SOLUTION FOR HEALTH ASSESSMENT MD 0 0 QLARANT INC QLARANT FOUNDATION INC 28464 MARLBORO AVENUE EASTON MD 21601 200065799 GRANT MAKING MD 501(C)(3) LINE 7 QLARANT INC 1 QLARANT ADVISORY SOLUTIONS INC 28464 MARLBORO AVENUE EASTON MD 21601 522334320 HEALTH ASSESSMENT DC 501(C)(3) LINE 7 QLARANT INC 1 QLARANT QUALITY SOLUTIONS INC 28464 MARLBORO AVENUE EASTON MD 21601 521000082 HEALTH ASSESSMENT MD 501(C)(3) LINE 7 QLARANT INC 1 QLARANT INTEGRITY SOLUTIONS LLC 28464 MARLBORO AVENUE EASTON MD 21601 203796994 HEALTH ASSESSMENT MD 501(C)(3) LINE 10 QLARANT INC 1 QLARANT COMMERCIAL SOLUTIONS INC 28464 MARLBORO AVENUE EASTON MD 21601 521798961 PATIENT SAFETY PRODUCTS & SERVICES MD QLARANT INC C 95137 1644685 1.00000 1 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 QLARANT INTEGRITY SOLUTIONS LLC C 400000 ACTUAL COST QLARANT INTEGRITY SOLUTIONS LLC O 2648144 ACTUAL COST QLARANT INTEGRITY SOLUTIONS LLC N 295255 ACTUAL COST QLARANT INTEGRITY SOLUTIONS LLC Q 103977 ACTUAL COST QLARANT QUALITY SOLUTIONS INC O 1671723 ACTUAL COST QLARANT QUALITY SOLUTIONS INC N 184023 ACTUAL COST QLARANT QUALITY SOLUTIONS INC C 350000 ACTUAL COST QLARANT QUALITY SOLUTIONS INC Q 112706 ACTUAL COST QLARANT FOUNDATION O 44861 ACTUAL COST QLARANT FOUNDATION N 10953 ACTUAL COST QLARANT FOUNDATION Q 29444 ACTUAL COST QLARANT COMMERCIAL SOLUTIONS INC B 250000 ACTUAL COST QLARANT COMMERCIAL SOLUTIONS INC O 19772 ACTUAL COST QLARANT COMMERCIAL SOLUTIONS INC N 596 ACTUAL COST QLARANT COMMERCIAL SOLUTIONS INC L 107278 ACTUAL COST QLARANT QUALITY SOLUTIONS INC 28464 MARLBORO AVENUE EASTON MD 21601 521000082 X 0 0 0 17468436 17468436 1000000 250000 0 0 0 QLARANT INC 28464 MARLBORO AVENUE EASTON MD 21601 263670453 0 0 0 472165 472165 94433 23608 0 0 0 QLARANT ADVISORY SOLUTIONS INC 28464 MARLBORO AVENUE EASTON MD 21601 522334320 X 0 0 0 0 0 0 0 0 0 0 QLARANT FOUNDATION INC 28464 MARLBORO AVENUE EASTON MD 21601 200065799 X 0 0 0 568768 568768 110315 27579 0 0 0 QLARANT INTEGRITY SOLUTIONS INC 28464 MARLBORO AVENUE EASTON MD 21601 203796994 0 0 0 79211559 79211559 1000000 250000 0 0 0