Quality Development And Construction Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 168,017 | 144,376 | 23,641 | 2.0 | 0% |
| 2013 | 372,816 | 286,536 | 86,280 | 4.6 | 93% |
| 2014 | 310,059 | 432,333 | −122,274 | -0.3 | 71% |
| 2015 | 7,434,285 | 7,544,484 | −110,199 | -0.2 | 7% |
| 2016 | 32,187,122 | 30,989,547 | 1,197,575 | 0.4 | 2% |
| 2017 | 11,100,797 | 10,461,063 | 639,734 | 2.0 | 2% |
| 2018 | 233,772 | 515,497 | −281,725 | 33.4 | 71% |
| 2019 | 11,427,798 | 11,737,088 | −309,290 | 1.1 | 4% |
| 2020 | 32,418,811 | 31,968,203 | 450,608 | 0.6 | 2% |
| 2021 | 62,299,106 | 61,727,458 | 571,648 | 0.4 | 2% |
| 2022 | 71,732,320 | 79,500,290 | −7,767,970 | -0.8 | 1% |
| 2023 | 55,989,780 | 61,209,353 | −5,219,573 | -2.1 | 2% |
In its most recent public year (2023), this organization spent $5,219,573 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.1 months), down from 2 in 2012. Staff pay was 2% 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 Development And Construction 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