Merrimack Valley Islamic Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 847,202 | 856,595 | −9,393 | 2.4 | 62% |
| 2012 | 860,399 | 872,909 | −12,510 | 2.2 | 62% |
| 2013 | 928,732 | 929,994 | −1,262 | 1.7 | 64% |
| 2014 | 982,750 | 924,868 | 57,882 | 2.5 | 63% |
| 2015 | 994,434 | 1,000,834 | −6,400 | 2.6 | 68% |
| 2016 | 1,079,399 | 1,127,837 | −48,438 | 1.8 | 67% |
| 2017 | 1,037,314 | 1,066,604 | −29,290 | 1.6 | 70% |
| 2018 | 1,214,698 | 1,172,871 | 41,827 | 2.2 | 71% |
| 2019 | 1,220,945 | 1,321,919 | −100,974 | 1.3 | 65% |
| 2020 | 1,396,794 | 1,125,556 | 271,238 | 4.4 | 75% |
| 2021 | 689,722 | 842,924 | −153,202 | 6.4 | 76% |
| 2022 | 1,060,128 | 1,128,678 | −68,550 | 4.0 | 68% |
| 2023 | 1,328,455 | 1,349,597 | −21,142 | 3.1 | 61% |
In its most recent public year (2023), this organization spent $21,142 more than it brought in. Its reserves stood at about 3.1 months of spending. Staff pay was 61% 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
Merrimack Valley Islamic Academy Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works