Faith Islamic Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 556,101 | 444,944 | 111,157 | 6.9 | 0% |
| 2019 | 639,744 | 407,237 | 232,507 | 14.4 | 0% |
| 2020 | 821,823 | 820,883 | 940 | 7.1 | 0% |
| 2021 | 643,912 | 710,354 | −66,442 | 7.1 | 0% |
| 2022 | 521,384 | 824,237 | −302,853 | 1.7 | 0% |
| 2023 | 898,677 | 772,427 | 126,250 | 3.8 | 73% |
| 2024 | 854,619 | 853,798 | 821 | 3.1 | 71% |
In its most recent public year (2024), this organization brought in $821 more than it spent. Its reserves stood at about 3.1 months of spending. Staff pay was 71% 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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works