Al-Iman School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 290,073 | 546,375 | −256,302 | -78.7 | 79% |
| 2021 | 396,717 | 603,799 | −207,082 | -75.3 | 80% |
| 2022 | 802,497 | 785,366 | 17,131 | -57.7 | 74% |
| 2023 | 1,652,870 | 1,320,423 | 332,447 | -27.6 | 61% |
In its most recent public year (2023), this organization brought in $332,447 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-27.6 months), up from -78.7 in 2020. Staff pay was 61% 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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