Quality Independent Living Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 306,185 | 346,919 | −40,734 | -15.8 | 7% |
| 2012 | 308,213 | 360,303 | −52,090 | -16.9 | 7% |
| 2013 | 311,476 | 321,160 | −9,684 | -17.5 | 15% |
| 2014 | 313,167 | 328,732 | −15,565 | -18.9 | 16% |
| 2015 | 324,942 | 345,865 | −20,923 | -18.7 | 19% |
| 2016 | 316,254 | 351,864 | −35,610 | -19.6 | 22% |
| 2017 | 325,287 | 357,335 | −32,048 | -19.9 | 25% |
| 2018 | 333,327 | 347,178 | −13,851 | -19.4 | 26% |
| 2019 | 328,852 | 360,959 | −32,107 | -19.7 | 26% |
| 2020 | 330,080 | 365,916 | −35,836 | -20.6 | 19% |
| 2021 | 326,667 | 340,435 | −13,768 | -22.7 | 16% |
| 2022 | 333,566 | 338,670 | −5,104 | -23.0 | 17% |
| 2023 | 362,103 | 348,033 | 14,070 | -21.9 | 16% |
In its most recent public year (2023), this organization brought in $14,070 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-21.9 months), down from -15.8 in 2011. Staff pay was 16% of spending.
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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