Next Wave Muslim Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 14,567 | 10,640 | 3,927 | 6.9 | — |
| 2015 | 56,126 | 46,058 | 10,068 | 4.8 | — |
| 2016 | 84,763 | 58,593 | 26,170 | 9.2 | — |
| 2017 | 111,416 | 97,139 | 14,277 | 7.3 | — |
| 2018 | 264,712 | 157,379 | 107,333 | 12.7 | 16% |
| 2019 | 241,358 | 175,484 | 65,874 | 15.9 | 8% |
| 2020 | 145,923 | 79,758 | 66,165 | 44.7 | 44% |
| 2021 | 244,610 | 218,881 | 25,729 | 17.7 | 29% |
| 2022 | 201,134 | 288,347 | −87,213 | 9.8 | 30% |
| 2023 | 322,859 | 222,847 | 100,012 | 18.4 | 12% |
In its most recent public year (2023), this organization brought in $100,012 more than it spent. Its reserves stood at about 18.4 months of spending, up from 6.9 in 2013. Staff pay was 12% 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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