Quincy Asian Resources Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 366,337 | 334,019 | 32,318 | 6.4 | 55% |
| 2012 | 421,737 | 367,685 | 54,052 | 12.2 | 56% |
| 2013 | 486,538 | 474,341 | 12,197 | 9.7 | 61% |
| 2014 | 753,427 | 544,002 | 209,425 | 13.1 | 66% |
| 2015 | 756,373 | 684,819 | 71,554 | 11.7 | 62% |
| 2016 | 894,110 | 886,055 | 8,055 | 9.1 | 57% |
| 2017 | 736,625 | 1,002,319 | −265,694 | 4.9 | 59% |
| 2018 | 977,623 | 893,817 | 83,806 | 6.6 | 56% |
| 2019 | 2,003,310 | 1,070,236 | 933,074 | 15.9 | 48% |
| 2020 | 1,337,463 | 1,451,349 | −113,886 | 10.8 | 51% |
| 2021 | 5,700,731 | 5,028,857 | 671,874 | 4.7 | 15% |
| 2022 | 4,579,576 | 4,372,065 | 207,511 | 5.9 | 21% |
| 2023 | 2,206,188 | 2,865,685 | −659,497 | 6.6 | 47% |
In its most recent public year (2023), this organization spent $659,497 more than it brought in. Its reserves stood at about 6.6 months of spending. Staff pay was 47% of spending. $375,643 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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