2025-11-11T10:52:17-06:00 2025-06-30 420714325 RSM US LLP 9801 WASHINGTONIAN BLVD STE 500 GAITHERSBURG MD 20878 990 2024-07-01 263670453 QLARANT INC QLAR 8668862658 28464 MARLBORO AVENUE EASTON MD 21601 CHRISTINE LEISTER CHIEF FINANCIAL OFFICER 8668862658 2025-11-09 1 1 JULIA FLANNERY P00928918 3012963600 2025-11-09 2024 2025-03-06 01:10:19Z RONALD FORSYTHE 28464 MARLBORO AVENUE EASTON MD 21601 775405 0 X WWW.QLARANT.COM X 2007 MD PROVIDES GOVERNMENT CONTRACTING, AUDITING, MONITORING & CONSULTING FOR THE HEALTH CARE INDUSTRY. 13 13 101 0 0 0 750000 750000 0 0 19751 25380 16107 25 785858 775405 0 0 0 0 4474368 5413608 0 0 0 -4002203 -4653554 472165 760054 313693 15351 10557875 10804665 7239660 7471099 3318215 3333566 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 53 0 1 101 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 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 (THRU 09/30/24) 1.00 40.00 X 10693 39037 2672 ANTHONY KERN CHAIR 4.50 0.00 X X 20197 0 0 BRIAN GRISSLER VICE CHAIR 2.50 0.00 X X 14851 0 0 HARBHAJAN AJRAWAT MD BOARD MEMBER 1.00 0.00 X 11881 0 0 HERBERT CHAIN BOARD MEMBER 0.50 0.00 X 14257 0 0 JOHN MURRAY CHAIR (THRU 12/31/24) 2.50 0.00 X X 35643 0 0 MIDGETT PARKER JR BOARD MEMBER 4.00 0.00 X 14257 0 0 REGINA KNOX-WOODS BOARD MEMBER 1.00 1.00 X 11881 5940 0 S ALLAN ADELMAN BOARD MEMBER 1.25 0.00 X 11881 0 0 ELIZABETH M HEWLETT BOARD MEMBER 2.00 0.00 X 11881 0 0 MARK T EDNEY MD BOARD MEMBER 1.00 0.00 X 11881 0 0 JONATHAN BOYER BOARD MEMBER 2.00 1.00 X 11881 0 0 CHANTE'L BRADY BOARD MEMBER 1.50 2.00 X 11881 3564 0 CHRISTOPHER BROOMFIELD BOARD MEMBER 1.50 0.50 X 11881 0 0 ARNOLD WILLIAMS BOARD MEMBER 1.50 1.00 X 12475 0 0 RONALD FORSYTHE CEO 0.00 55.00 X 0 866616 96831 JEFFREY WEISS CFO (THRU 10/25/24) 0.00 50.00 X 0 355816 39191 CHRISTINE LEISTER CFO (BEG 10/24) 0.00 50.00 X 0 212100 63932 SHANNON WOLFE CORPORATE SECURITY OFFICER 0.00 45.00 X 0 227816 21857 BRIAN CLEARY CHIEF INFOMATION OFFICER 0.00 50.00 X 0 262346 58711 LISA PRESTON FREEMAN CHIEF HUMAN RESOURCE OFFICER 0.00 50.00 X 0 314869 73261 DANIEL EDRIS DIRECTOR, DATA MANAGEMENT 0.00 45.00 X 0 184479 65086 HONGLI PU VP, NEW PRODUCT DEVELOPMENT 0.00 45.00 X 0 239691 69942 WILLIAM MAPP CHIEF TECHNOLOGY OFFICER 0.00 45.00 X 0 223249 67077 DEIRDRE STOKES CONTRACT AND COMPLIANCE OFFICER 0.00 40.00 X 0 186680 22068 MICHAEL COOKE CHIEF GROWTH AND STRATEGY OFFICER 0.00 40.00 X 0 324431 21662 217421 3446634 602290 45 0 1 0 INBAND NETWORKS LLC 6030 MARSHALEE DR STE 703 ELKRIDGE MD 21075 IT LICENSES/SUPPORT (CISCO) 720922 CDW 75 REMITTANCE DR SUITE 1515 CHICAGO IL 60675 IT SOLUTION 488703 ACCESS IT GROUP 20106 VALLEY FORGE CIRCLE KING OF PRUSSIA PA 19406 IT LICENSES/SUPPORT 308649 APPNICITY LLC 5000 THAYER CENTER STE C OAKLAND MD 21550 SOFTWARE PROGRAMMING/DEVELOPMENT 265200 VIVID PAGES INC 9701 APOLLO DRIVE SUITE 301 LARGO MD 20774 TECHNOLOGY DEVELOPMENT 247800 15 750000 750000 25380 25380 OTHER INCOME 900099 25 25 25 775405 0 0 25405 217421 217421 1951230 1951230 1272169 1272169 1171110 1171110 801678 801678 16904 16904 13949 13949 896053 896053 823433 823433 3654 3654 7682 7682 140766 140766 ALLOCATION TO SUBSIDIAR -6561995 -6561995 6000 6000 760054 0 760054 0 777453 1001960 67784 0 1406755 1754784 5979457 4600521 1339483 1378936 12954 25571 6953446 6643414 10557875 10804665 3053210 3990376 4186450 3480723 7239660 7471099 X 3318215 3333566 3318215 3333566 10557875 10804665 15351 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 760054 110616275 760054 110616275 139008 1000000 34752 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 1076927 745699 331228 4902530 3854822 1047708 1378936 DEPOSITS 49328 INVESTMENT IN SUBSIDIARY 1900000 DUE FROM RELATED PARTY 1823896 RIGHT OF USE ASSET 2870190 6643414 PROVISION FOR INSURANCE CLAIMS 105653 LEASE LIABILITY 3375070 3480723 X 114626830 113851425 113851425 775405 0 775405 108257630 107497576 107497576 760054 0 760054 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 113,851,425. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM AFFILIATES INCLUDED ON CONSOLIDATED FINANCIAL STATEMENTS 107,497,576. X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 RONALD FORSYTHE CEO 0 664619 0 193691 0 8306 0 59521 0 37310 0 963447 0 0 JEFFREY WEISS CFO (THRU 10/25/24) 0 275599 0 79875 0 342 0 10608 0 28583 0 395007 0 0 LISA PRESTON FREEMAN CHIEF HUMAN RESOURCE OFFICER 0 256928 0 57350 0 591 0 19936 0 53325 0 388130 0 0 MICHAEL COOKE CHIEF GROWTH AND STRATEGY OFFICER 0 253796 0 70281 0 354 0 0 0 21662 0 346093 0 0 BRIAN CLEARY CHIEF INFOMATION OFFICER 0 216037 0 45747 0 562 0 22099 0 36612 0 321057 0 0 HONGLI PU VP, NEW PRODUCT DEVELOPMENT 0 194731 0 44658 0 302 0 20937 0 49005 0 309633 0 0 WILLIAM MAPP CHIEF TECHNOLOGY OFFICER 0 182093 0 40819 0 337 0 19224 0 47853 0 290326 0 0 CHRISTINE LEISTER CFO (BEG 10/24) 0 190856 0 20158 0 1086 0 19949 0 43983 0 276032 0 0 SHANNON WOLFE CORPORATE SECURITY OFFICER 0 195367 0 31703 0 746 0 19499 0 2358 0 249673 0 0 DANIEL EDRIS DIRECTOR, DATA MANAGEMENT 0 164145 0 19891 0 443 0 17426 0 47660 0 249565 0 0 DEIRDRE STOKES CONTRACT AND COMPLIANCE OFFICER 0 166629 0 19356 0 695 0 16919 0 5149 0 208748 0 0 PART I, LINE 1A RON FORSYTHE RECEIVED A REIMBURSEMENT FOR 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 2024. PART I, LINE 7 THE ORGANIZATION PAID DISCRETIONARY BONUSES IN 2024. 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). 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