Manara Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,850,701 | 7,004,403 | 846,298 | 3.5 | 59% |
| 2021 | 7,313,954 | 6,485,593 | 828,361 | 5.3 | 50% |
| 2022 | 9,235,633 | 7,573,856 | 1,661,777 | 7.2 | 44% |
| 2023 | 6,560,183 | 6,584,631 | −24,448 | 8.2 | 48% |
In its most recent public year (2023), this organization spent $24,448 more than it brought in. Its reserves stood at about 8.2 months of spending, up from 3.5 in 2020. Staff pay was 48% of spending. $254,393 of its net assets are donor-restricted.
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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