Al-Rasheed Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 498,783 | 489,169 | 9,614 | 0.9 | 79% |
| 2020 | 472,148 | 521,624 | −49,476 | -0.3 | 82% |
| 2021 | 376,428 | 440,605 | −64,177 | -2.1 | 83% |
| 2022 | 609,638 | 606,270 | 3,368 | -1.5 | 83% |
| 2023 | 974,906 | 865,728 | 109,178 | 0.5 | 81% |
In its most recent public year (2023), this organization brought in $109,178 more than it spent. Its reserves stood at about 0.5 months of spending. Staff pay was 81% 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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