Partners For Quality Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 481,065 | 381,028 | 100,037 | 305.7 | 16% |
| 2021 | 547,720 | 377,796 | 169,924 | 366.3 | 15% |
| 2022 | 1,231,633 | 350,704 | 880,929 | 337.3 | 19% |
| 2023 | 827,649 | 373,105 | 454,544 | 337.5 | 27% |
In its most recent public year (2023), this organization brought in $454,544 more than it spent. Its reserves stood at about 337.5 months of spending, up from 305.7 in 2020. Staff pay was 27% of spending. $96,956 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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