Qi Tao Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 37,077 | 34,365 | 2,712 | 0.9 | — |
| 2017 | 110,727 | 117,259 | −6,532 | -0.7 | — |
| 2018 | 120,790 | 110,361 | 10,429 | 0.0 | — |
| 2019 | 118,291 | 0 | 118,291 | — | — |
| 2020 | 94,031 | 121,470 | −27,439 | -2.5 | — |
| 2021 | 73,650 | 77,668 | −4,018 | -4.6 | — |
| 2022 | 73,596 | 73,149 | 447 | -4.8 | — |
| 2023 | 81,501 | 83,057 | −1,556 | -4.5 | — |
In its most recent public year (2023), this organization spent $1,556 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.5 months), down from 0.9 in 2016.
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
Qi Tao 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