Bosnian American Islamic Cultural Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 319,517 | 373,441 | −53,924 | 41.8 | 13% |
| 2021 | 339,130 | 290,902 | 48,228 | 55.7 | 14% |
| 2022 | 455,379 | 684,745 | −229,366 | 19.6 | 10% |
| 2023 | 581,860 | 643,672 | −61,812 | 24.7 | 12% |
In its most recent public year (2023), this organization spent $61,812 more than it brought in. Its reserves stood at about 24.7 months of spending, down from 41.8 in 2020. Staff pay was 12% 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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