Quality Of Life Foundation Of Austin Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 305,914 | 1,275 | 304,639 | 7423.6 | 0% |
| 2021 | 328,399 | 760,008 | −431,609 | 5.6 | 0% |
| 2022 | 610,473 | 452,114 | 158,359 | 13.7 | 0% |
| 2023 | 295,548 | 809,996 | −514,448 | 0.0 | 0% |
In its most recent public year (2023), this organization spent $514,448 more than it brought in. Its reserves stood at about 0 months of spending, down from 7423.6 in 2020. Staff pay was 0% of spending. $1,057 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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