Norooz Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 212,732 | 214,459 | −1,727 | 0.9 | 18% |
| 2014 | 308,960 | 300,905 | 8,055 | 1.0 | 13% |
| 2015 | 286,568 | 300,812 | −14,244 | 0.4 | 24% |
| 2016 | 266,408 | 264,569 | 1,839 | 0.7 | 28% |
| 2017 | 343,266 | 335,954 | 7,312 | 0.8 | 22% |
| 2018 | 285,611 | 296,086 | −10,475 | 0.5 | 28% |
| 2019 | 295,934 | 291,654 | 4,280 | 0.7 | 28% |
| 2020 | 280,085 | 263,641 | 16,444 | 1.5 | 31% |
| 2021 | 342,391 | 313,967 | 28,424 | 2.3 | 26% |
| 2022 | 379,788 | 386,171 | −6,383 | 1.7 | 23% |
| 2023 | 509,005 | 530,156 | −21,151 | 0.8 | 18% |
In its most recent public year (2023), this organization spent $21,151 more than it brought in. Its reserves stood at about 0.8 months of spending. Staff pay was 18% 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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