Al-Furqaan Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,397,023 | 2,396,127 | 896 | 3.6 | 63% |
| 2012 | 2,127,883 | 2,385,097 | −257,214 | 2.3 | 63% |
| 2013 | 2,634,074 | 2,119,902 | 514,172 | 5.5 | 52% |
| 2014 | 1,532,813 | 1,410,758 | 122,055 | 9.2 | 55% |
| 2015 | 2,286,057 | 1,711,121 | 574,936 | 11.7 | 51% |
| 2016 | 4,649,999 | 2,207,498 | 2,442,501 | 22.3 | 46% |
| 2017 | 2,767,353 | 3,237,363 | −470,010 | 13.5 | 32% |
| 2018 | 3,533,036 | 2,817,673 | 715,363 | 18.5 | 35% |
| 2019 | 3,370,459 | 3,089,194 | 281,265 | 18.0 | 36% |
| 2020 | 3,249,437 | 2,547,450 | 701,987 | 25.1 | 43% |
In its most recent public year (2020), this organization brought in $701,987 more than it spent. Its reserves stood at about 25.1 months of spending, up from 3.6 in 2011. Staff pay was 43% 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 2020. 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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