Foundation For Quality Care Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,040,322 | 998,947 | 41,375 | 4.6 | 0% |
| 2011 | 816,016 | 958,786 | −142,770 | 4.6 | 0% |
| 2012 | 685,973 | 1,075,207 | −389,234 | 1.3 | 0% |
| 2013 | 972,603 | 1,168,287 | −195,684 | -0.8 | 0% |
| 2014 | 671,914 | 857,331 | −185,417 | -3.7 | 0% |
| 2015 | 926,750 | 1,057,171 | −130,421 | -4.4 | 0% |
| 2016 | 1,264,004 | 1,360,586 | −96,582 | -4.3 | 0% |
| 2017 | 1,103,776 | 1,260,400 | −156,624 | -6.1 | 0% |
| 2018 | 846,552 | 846,195 | 357 | -9.1 | 0% |
| 2019 | 889,077 | 703,716 | 185,361 | -7.8 | 0% |
| 2020 | 716,041 | 677,311 | 38,730 | -7.5 | 0% |
| 2021 | 1,086,918 | 763,474 | 323,444 | -1.5 | 0% |
| 2022 | 1,113,507 | 1,093,613 | 19,894 | -0.8 | 0% |
| 2023 | 1,453,401 | 1,396,506 | 56,895 | -0.2 | 0% |
In its most recent public year (2023), this organization brought in $56,895 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.2 months), down from 4.6 in 2010. Staff pay was 0% of spending. $29,866 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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