Jqy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 129,743 | 120,575 | 9,168 | 5.4 | — |
| 2018 | 251,739 | 194,182 | 57,557 | 6.8 | 0% |
| 2019 | 417,648 | 288,296 | 129,352 | 10.0 | 39% |
| 2020 | 436,733 | 266,932 | 169,801 | 18.7 | 27% |
| 2021 | 1,484,795 | 467,912 | 1,016,883 | 37.0 | 56% |
| 2022 | 1,281,146 | 939,000 | 342,146 | 22.6 | 43% |
| 2023 | 2,027,926 | 1,571,658 | 456,268 | 17.0 | 40% |
In its most recent public year (2023), this organization brought in $456,268 more than it spent. Its reserves stood at about 17 months of spending, up from 5.4 in 2017. Staff pay was 40% of spending. $1,618,213 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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