Lq Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 43,360 | 227,623 | −184,263 | 0.5 | — |
| 2012 | 93,055 | 60,144 | 32,911 | 8.4 | — |
| 2013 | 15,473 | 41,070 | −25,597 | 4.8 | — |
| 2014 | 48,655 | 2,070 | 46,585 | 365.8 | — |
| 2015 | 146,500 | 126,754 | 19,746 | 7.8 | — |
| 2016 | 15,000 | 64,938 | −49,938 | 6.1 | — |
| 2017 | 239,209 | 132,869 | 106,340 | 12.6 | 0% |
| 2018 | 30,250 | 118,034 | −87,784 | 5.2 | 0% |
| 2019 | 9,157 | 10,418 | −1,261 | 57.7 | 0% |
| 2020 | 188,674 | 184,823 | 3,851 | 3.5 | — |
| 2021 | 1,772,697 | 1,514,752 | 257,945 | 2.5 | 0% |
| 2022 | 370,849 | 578,258 | −207,409 | 2.2 | 0% |
| 2023 | 844,540 | 796,810 | 47,730 | 2.3 | 0% |
In its most recent public year (2023), this organization brought in $47,730 more than it spent. Its reserves stood at about 2.3 months of spending, up from 0.5 in 2011. Staff pay was 0% 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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