Qed Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 386,827 | 314,377 | 72,450 | 4.1 | 53% |
| 2012 | 869,747 | 655,511 | 214,236 | 5.9 | 38% |
| 2013 | 216,582 | 417,458 | −200,876 | 3.5 | 52% |
| 2014 | 112,511 | 195,526 | −83,015 | 2.2 | 57% |
| 2015 | 208,009 | 246,238 | −38,229 | -0.1 | 32% |
| 2016 | 168,585 | 159,721 | 8,864 | 0.5 | 44% |
| 2017 | 204,350 | 147,953 | 56,397 | 5.1 | 35% |
| 2018 | 173,449 | 169,172 | 4,277 | 4.8 | 38% |
| 2019 | 116,598 | 164,318 | −47,720 | 1.4 | 34% |
| 2020 | 109,435 | 141,520 | −32,085 | -1.1 | 45% |
| 2021 | 164,803 | 205,109 | −40,306 | -2.9 | 64% |
| 2022 | 303,884 | 282,805 | 21,079 | -1.1 | 61% |
| 2023 | 229,294 | 246,654 | −17,360 | -2.1 | 65% |
In its most recent public year (2023), this organization spent $17,360 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.1 months), down from 4.1 in 2011. Staff pay was 65% 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
Qed Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. 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