Quality Connections Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,148,651 | 2,197,563 | −48,912 | 1.0 | 49% |
| 2012 | 1,862,664 | 1,931,509 | −68,845 | 0.7 | 47% |
| 2013 | 1,938,572 | 2,040,569 | −101,997 | 0.0 | 46% |
| 2014 | 2,485,322 | 2,502,803 | −17,481 | -0.1 | 49% |
| 2015 | 3,238,915 | 3,005,137 | 233,778 | 1.6 | 45% |
| 2016 | 3,698,633 | 3,593,857 | 104,776 | 1.7 | 48% |
| 2017 | 3,586,782 | 3,618,353 | −31,571 | 1.6 | 51% |
| 2018 | 3,916,396 | 4,056,335 | −139,939 | 1.0 | 49% |
| 2019 | 4,456,182 | 4,334,674 | 121,508 | 1.3 | 52% |
| 2020 | 4,741,185 | 4,858,560 | −117,375 | 0.9 | 53% |
| 2021 | 5,829,429 | 5,264,576 | 564,853 | 3.1 | 55% |
| 2022 | 6,499,611 | 6,838,377 | −338,766 | 1.7 | 60% |
| 2023 | 7,855,394 | 8,128,620 | −273,226 | 1.2 | 60% |
In its most recent public year (2023), this organization spent $273,226 more than it brought in. Its reserves stood at about 1.2 months of spending. Staff pay was 60% of spending. $264,028 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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