Iqra Academy Of Palos Verdes
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 74,456 | 42,071 | 32,385 | 33.1 | — |
| 2016 | 115,983 | 41,981 | 74,002 | 54.3 | — |
| 2017 | 88,595 | 54,347 | 34,248 | 49.5 | — |
| 2018 | 90,318 | 61,553 | 28,765 | 49.3 | — |
| 2019 | 137,451 | 73,996 | 63,455 | 51.3 | — |
| 2020 | 101,028 | 59,858 | 41,170 | 71.7 | — |
| 2021 | 79,701 | 63,809 | 15,892 | 70.3 | — |
| 2022 | 108,885 | 76,390 | 32,495 | 63.8 | — |
| 2023 | 176,791 | 91,637 | 85,154 | 64.3 | — |
In its most recent public year (2023), this organization brought in $85,154 more than it spent. Its reserves stood at about 64.3 months of spending, up from 33.1 in 2015.
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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