Quality Independence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 715,690 | 728,497 | −12,807 | 0.2 | 38% |
| 2021 | 646,678 | 634,425 | 12,253 | 0.5 | 35% |
| 2022 | 745,902 | 650,807 | 95,095 | 2.2 | 32% |
| 2023 | 1,019,070 | 1,085,229 | −66,159 | 0.6 | 33% |
In its most recent public year (2023), this organization spent $66,159 more than it brought in. Its reserves stood at about 0.6 months of spending. Staff pay was 33% 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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