Quiroga Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 129,678 | 444,601 | −314,923 | -43.0 | 32% |
| 2020 | 160,551 | 459,538 | −298,987 | -50.7 | 35% |
| 2021 | 362,930 | 503,611 | −140,681 | -50.2 | 35% |
| 2022 | 3,247,271 | 577,531 | 2,669,740 | 7.6 | 32% |
| 2023 | 566,884 | 620,459 | −53,575 | 5.5 | 41% |
In its most recent public year (2023), this organization spent $53,575 more than it brought in. Its reserves stood at about 5.5 months of spending, up from -43 in 2019. Staff pay was 41% 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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