AI Transparency Report
The Qualitative Research Consultants Association Inc (QRCA) demonstrates consistent financial activity, with revenues and expenses fluctuating around the $600,000 - $800,000 range in recent years. For example, in 2023, revenue was $711,746 against expenses of $799,612, indicating a deficit. This trend of expenses exceeding revenue is observed in several periods, such as 2022 ($524,277 revenue vs. $633,091 expenses) and 2021 ($367,632 revenue vs. $443,833 expenses), suggesting a reliance on reserves or prior surpluses. The organization's assets have seen some fluctuation, peaking around $1.1 million in 2019 and settling around $721,397 in 2023, while liabilities have also varied significantly, reaching $604,815 in 2019 and $470,960 in 2023. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency regarding executive pay, as it suggests either a volunteer leadership structure or that compensation is not reported in this category.