Quindaro Development Corporation
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2019 | $38,563 | $69,659 | −$31,096 | 101.2 | 0% |
| 2020 | $25,969 | $51,588 | −$25,619 | 130.7 | 0% |
| 2021 | $35,721 | $55,028 | −$19,307 | 118.3 | 0% |
| 2022 | $62,875 | $94,359 | −$31,484 | 65.0 | 0% |
| 2023 | $61,463 | $92,106 | −$30,643 | 62.6 | 0% |
In its most recent public year (2023), this organization spent $30,643 more than it brought in. Its reserves stood at about 62.6 months of spending, down from 101.2 in 2019. Staff pay was 0% of spending. $11,996 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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