Quality Products Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 371,589 | 429,246 | −57,657 | 3.2 | 63% |
| 2012 | 571,055 | 486,249 | 84,806 | 4.9 | 68% |
| 2013 | 497,285 | 462,779 | 34,506 | 6.0 | 67% |
| 2014 | 415,564 | 439,255 | −23,691 | 5.7 | 69% |
| 2015 | 358,104 | 370,386 | −12,282 | 6.4 | 65% |
| 2016 | 341,158 | 377,815 | −36,657 | 5.1 | 66% |
| 2017 | 337,861 | 336,044 | 1,817 | 5.8 | 64% |
| 2018 | 389,724 | 365,832 | 23,892 | 6.1 | 64% |
| 2019 | 380,076 | 379,169 | 907 | 5.9 | 63% |
| 2020 | 366,002 | 351,821 | 14,181 | 6.8 | 64% |
| 2021 | 601,425 | 390,008 | 211,417 | 12.7 | 61% |
| 2022 | 514,131 | 481,773 | 32,358 | 11.1 | 65% |
| 2023 | 478,002 | 476,011 | 1,991 | 11.3 | 64% |
In its most recent public year (2023), this organization brought in $1,991 more than it spent. Its reserves stood at about 11.3 months of spending, up from 3.2 in 2011. Staff pay was 64% 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
Quality Products Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works