Higher Quality Of Life Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 49,636 | 32,887 | 16,749 | 6.1 | — |
| 2015 | 38,956 | 33,461 | 5,495 | 8.0 | — |
| 2016 | 41,358 | 43,724 | −2,366 | 5.5 | — |
| 2018 | 33,283 | 31,696 | 1,587 | 5.2 | — |
| 2020 | 33,669 | 73,011 | −39,342 | -3.8 | — |
In its most recent public year (2020), this organization spent $39,342 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.8 months), down from 6.1 in 2014.
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 2020. 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
Higher Quality Of Life Ministries's IRS filings as a feed — one entry per filing year, through 2020. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works