Queens Law Associates Not-For-Profit Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 8,502,411 | 7,902,411 | 600,000 | 0.0 | 6% |
| 2014 | 9,830,457 | 9,125,833 | 704,624 | 0.0 | 6% |
| 2015 | 10,246,809 | 9,483,743 | 763,066 | 0.0 | 5% |
| 2016 | 11,104,793 | 10,364,781 | 740,012 | 0.0 | 4% |
| 2017 | 10,912,238 | 10,945,071 | −32,833 | -0.0 | 4% |
| 2018 | 13,701,080 | 12,539,380 | 1,161,700 | 12.1 | 64% |
| 2019 | 17,871,685 | 13,711,008 | 4,160,677 | 15.0 | 63% |
| 2020 | 18,221,128 | 17,994,031 | 227,097 | 11.6 | 61% |
| 2021 | 19,706,664 | 20,299,116 | −592,452 | 9.9 | 61% |
| 2022 | 21,521,379 | 22,379,590 | −858,211 | 8.6 | 56% |
| 2023 | 24,241,714 | 24,657,693 | −415,979 | 7.6 | 60% |
In its most recent public year (2023), this organization spent $415,979 more than it brought in. Its reserves stood at about 7.6 months of spending, up from 0 in 2013. Staff pay was 60% of spending. $7,000 of its net assets are donor-restricted.
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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