Quincy Development Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 254,087 | 30,486 | 223,601 | -28.0 | 0% |
| 2021 | 56,947 | 9,304 | 47,643 | 3441.0 | 0% |
| 2022 | 387,653 | 8,497 | 379,156 | 4303.3 | 0% |
| 2023 | 577,719 | 38,757 | 538,962 | 1110.3 | 0% |
In its most recent public year (2023), this organization brought in $538,962 more than it spent. Its reserves stood at about 1110.3 months of spending, up from -28 in 2020. Staff pay was 0% 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
Quincy Development Association'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