Friends Of Rabbinical Academy For Advanced Jewish Studies Kol Simcha
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 254,580 | 207,398 | 47,182 | 2.8 | 0% |
| 2012 | 240,664 | 261,226 | −20,562 | 1.3 | 0% |
| 2013 | 335,694 | 314,194 | 21,500 | 1.9 | 0% |
| 2014 | 393,121 | 359,834 | 33,287 | 2.8 | 0% |
| 2015 | 451,827 | 463,413 | −11,586 | 1.8 | 0% |
| 2016 | 460,833 | 341,510 | 119,323 | 6.7 | 0% |
| 2017 | 583,408 | 288,983 | 294,425 | 20.1 | 0% |
| 2018 | 669,718 | 274,472 | 395,246 | 38.5 | 0% |
| 2019 | 327,967 | 174,703 | 153,264 | 71.0 | 0% |
| 2020 | 421,426 | 248,639 | 172,787 | 58.2 | 0% |
| 2021 | 624,303 | 224,686 | 399,617 | 30.4 | 0% |
| 2022 | 658,617 | 359,124 | 299,493 | 29.0 | 1% |
| 2023 | 617,285 | 360,673 | 256,612 | 37.4 | 11% |
In its most recent public year (2023), this organization brought in $256,612 more than it spent. Its reserves stood at about 37.4 months of spending, up from 2.8 in 2011. Staff pay was 11% 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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