Arewa Aid Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 152,607 | 141,172 | 11,435 | 13.7 | — |
| 2021 | 233,775 | 248,396 | −14,621 | 5.7 | 5% |
| 2022 | 360,148 | 380,156 | −20,008 | 3.1 | 9% |
| 2023 | 232,759 | 243,427 | −10,668 | 4.3 | 15% |
In its most recent public year (2023), this organization spent $10,668 more than it brought in. Its reserves stood at about 4.3 months of spending, down from 13.7 in 2020. Staff pay was 15% of spending. $67,716 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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