Quality Living Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 485,048 | 389,980 | 95,068 | 8.6 | 28% |
| 2012 | 331,094 | 369,676 | −38,582 | 7.9 | 29% |
| 2013 | 418,980 | 406,426 | 12,554 | 8.1 | 35% |
| 2014 | 443,963 | 451,594 | −7,631 | 7.3 | 41% |
| 2015 | 371,947 | 426,524 | −54,577 | 6.0 | 38% |
| 2016 | 444,012 | 444,012 | 0 | 5.7 | 39% |
| 2017 | 679,200 | 515,428 | 163,772 | 8.8 | 45% |
| 2018 | 589,491 | 664,249 | −74,758 | 5.4 | 45% |
| 2019 | 493,489 | 583,841 | −90,352 | 4.3 | 45% |
| 2020 | 571,438 | 547,419 | 24,019 | 5.2 | 42% |
| 2021 | 526,626 | 535,951 | −9,325 | 5.1 | 39% |
| 2022 | 635,342 | 682,541 | −47,199 | 4.6 | 33% |
| 2023 | 576,015 | 705,960 | −129,945 | 2.3 | 35% |
In its most recent public year (2023), this organization spent $129,945 more than it brought in. Its reserves stood at about 2.3 months of spending, down from 8.6 in 2011. Staff pay was 35% 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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