Islamic Academy Of Riverside
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 246,955 | 227,822 | 19,133 | 13.1 | 74% |
| 2022 | 457,969 | 446,445 | 11,524 | 0.3 | 63% |
| 2023 | 663,996 | 653,033 | 10,963 | 6.7 | 41% |
In its most recent public year (2023), this organization brought in $10,963 more than it spent. Its reserves stood at about 6.7 months of spending. Staff pay was 41% 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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