Quincy Area Project Endowment Fund 31-06844
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,209 | 24,130 | −21,921 | 68.5 | 0% |
| 2021 | 27,348 | 17,608 | 9,740 | 100.6 | 0% |
| 2022 | −12,214 | 46,857 | −59,071 | 22.7 | 0% |
| 2023 | 42,288 | 27,134 | 15,154 | 45.8 | 0% |
In its most recent public year (2023), this organization brought in $15,154 more than it spent. Its reserves stood at about 45.8 months of spending, down from 68.5 in 2020. 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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