Quality Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 756,256 | 641,715 | 114,541 | 21.1 | 0% |
| 2012 | 744,484 | 629,078 | 115,406 | 23.8 | 0% |
| 2013 | 756,384 | 674,033 | 82,351 | 23.3 | 0% |
| 2014 | 763,384 | 706,807 | 56,577 | 23.3 | 0% |
| 2015 | 784,797 | 714,820 | 69,977 | 24.1 | 0% |
| 2016 | 686,991 | 712,381 | −25,390 | 10.6 | 0% |
| 2017 | 802,221 | 723,299 | 78,922 | 11.7 | 0% |
| 2018 | 825,758 | 734,706 | 91,052 | 11.5 | 0% |
| 2019 | 835,282 | 744,247 | 91,035 | 11.4 | 0% |
| 2020 | 846,050 | 839,316 | 6,734 | 10.2 | 0% |
| 2021 | 890,580 | 806,725 | 83,855 | 11.9 | 20% |
| 2022 | 892,265 | 787,115 | 105,150 | 13.8 | 16% |
| 2023 | 946,232 | 797,795 | 148,437 | 15.8 | 13% |
In its most recent public year (2023), this organization brought in $148,437 more than it spent. Its reserves stood at about 15.8 months of spending, down from 21.1 in 2011. Staff pay was 13% 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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