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Filing year 2024

QM QUALITY MATTERS INC

Annapolis, Maryland·EIN 46-5503339·NTEE B90 · Education·3
Total revenue
$5.9M
Total assets
$6.7M
Total expenses
$6.5M
Reported officers
19
Mission

TO PROMOTE AND IMPROVE THE QUALITY OF ONLINE EDUCATION AND STUDENT LEARNING THROUGH: 1. DEVELOPMENT OF RESEARCH-SUPPORTED, BEST (CONTINUED ON SCHEDULE O) PRACTICE-BASED QUALITY STANDARDS AND APPROPRIATE EVALUATION TOOLS AND PROCEDURES. 2. RECOGNITION AS EXPERTS IN ONLINE EDUCATION QUALITY ASSURANCE AND EVALUATION.3. FOSTERING INSTITUTIONAL ACCEPTANCE AND INTEGRATION OF QM STANDARDS AND PROCESSES INTO ORGANIZATIONAL IMPROVEMENT EFFORTS FOCUSED ON IMPROVING THE QUALITY OF ONLINE EDUCATION.4. PROVISION OF FACULTY DEVELOPMENT TRAINING IN THE USE OF QM RUBRIC(S) AND OTHER QUALITY PRACTICES TO IMPROVE THE QUALITY OF ONLINE/HYBRID COURSES.5. PROVISION OF QUALITY ASSURANCE THROUGH THE RECOGNITION OF QUALITY IN ONLINE EDUCATION.

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2024

Chief Executive Officer
$323k
$345k
Base
$310k
Bonus
Other
Benefits
$1k
Cfo/sr. Operations Director
$222k
$238k
Base
$187k
Bonus
Other
Benefits
$28k
Dir. of Prof. Dev'l & Consulting
highest compensated employee
$163k
$174k
Base
$137k
Bonus
Other
Benefits
$20k
Director of Research and Innovation
highest compensated employee
$154k
$165k
Base
$140k
Bonus
Other
Benefits
$9k
Director of Quality Assurance
highest compensated employee
$139k
$148k
Director of Marketing & Engagement
director (operational)
$138k
$148k
Dir. of Qa Implementation Solutions
highest compensated employee
$130k
$139k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Education

Climbed 25%
over 3 years

From $259k in 2021 to $323k in 2024.

$259k
2021
$323k
2023
$323k
2024
In today's dollarsEst.
Up 7% in real terms$322k to $345k

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

QM QUALITY MATTERS INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$7.5M
$6.3M
2021
$6.8M
$6.9M
2023
$5.9M
$6.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Maryland

Comparable education organizations in Maryland pay their highest-earning executive a median of $105,478.

25th percentile
$38k
Median
$105,478
75th percentile
$223k
90th percentile
$512k

These are education sector-wide figures, not this organization's reported pay. Based on 212 organizations across 212 filings (2021 – 2023).

See full Education pay data for Maryland
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