Quincy Youth Arena Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 640,250 | 623,633 | 16,617 | 5.2 | 35% |
| 2022 | 607,145 | 622,800 | −15,655 | 5.0 | 38% |
| 2023 | 694,978 | 719,988 | −25,010 | 3.9 | 43% |
In its most recent public year (2023), this organization spent $25,010 more than it brought in. Its reserves stood at about 3.9 months of spending, down from 5.2 in 2021. Staff pay was 43% of spending. $13,200 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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