Hamza Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 590,116 | 590,006 | 110 | 4.0 | 71% |
| 2017 | 620,699 | 633,285 | −12,586 | 3.5 | 75% |
| 2018 | 905,968 | 716,065 | 189,903 | 3.2 | 72% |
| 2019 | 572,614 | 672,595 | −99,981 | 1.7 | 67% |
| 2020 | 413,741 | 454,673 | −40,932 | 1.4 | 76% |
| 2021 | 593,102 | 530,744 | 62,358 | 2.6 | 74% |
| 2022 | 735,421 | 734,496 | 925 | 1.9 | 71% |
| 2023 | 1,006,095 | 1,029,127 | −23,032 | 1.1 | 67% |
In its most recent public year (2023), this organization spent $23,032 more than it brought in. Its reserves stood at about 1.1 months of spending, down from 4 in 2016. Staff pay was 67% 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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