Quincy Lee Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 46,650 | 3,704 | 42,946 | 651.4 | — |
| 2012 | 44,602 | 1,405 | 43,197 | 2086.2 | — |
| 2013 | 38,822 | 4,402 | 34,420 | 759.7 | — |
| 2014 | 46,708 | 2,368 | 44,340 | 1637.0 | — |
| 2015 | 42,575 | 303,383 | −260,808 | 2.5 | — |
| 2016 | 45,792 | 1,589 | 44,203 | 803.7 | — |
| 2017 | 75,226 | 2,786 | 72,440 | 770.4 | — |
| 2018 | 65,937 | 202,780 | −136,843 | 2.5 | — |
| 2019 | 75,133 | 4,420 | 70,713 | 306.1 | — |
| 2020 | 13,143 | 100,499 | −87,356 | 3.0 | — |
| 2021 | 16,848 | 596 | 16,252 | 838.1 | — |
| 2022 | 11,451 | 596 | 10,855 | 1056.7 | — |
In its most recent public year (2022), this organization brought in $10,855 more than it spent. Its reserves stood at about 1056.7 months of spending, up from 651.4 in 2011.
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 2022. 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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