Qlbc Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 37,936 | 4,020 | 33,916 | 839.7 | — |
| 2014 | 90,545 | 22,000 | 68,545 | 186.8 | — |
| 2015 | 144,768 | 12,000 | 132,768 | 438.5 | — |
| 2016 | 155,478 | 22,519 | 132,959 | 304.6 | 0% |
| 2017 | 37,125 | 49,000 | −11,875 | 140.7 | 0% |
| 2018 | 26,300 | 24,000 | 2,300 | 275.3 | 0% |
| 2019 | 35,742 | 29,678 | 6,064 | 254.0 | 0% |
| 2020 | 15,520 | 22,204 | −6,684 | 367.2 | 0% |
| 2021 | 276,741 | 34,237 | 242,504 | 343.6 | 0% |
| 2022 | 28,166 | 41,079 | −12,913 | 242.3 | 0% |
| 2023 | 44,823 | 18,061 | 26,762 | 642.7 | 0% |
In its most recent public year (2023), this organization brought in $26,762 more than it spent. Its reserves stood at about 642.7 months of spending, down from 839.7 in 2013. 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
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