Islamic Foundation North Endowment Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 441,250 | 0 | 441,250 | — | — |
| 2016 | 73,000 | 495 | 72,505 | 12454.7 | 0% |
| 2017 | 79,757 | 569 | 79,188 | 12504.9 | 0% |
| 2018 | 54,083 | 839 | 53,244 | 9242.2 | 0% |
| 2019 | 97,463 | 905 | 96,558 | 9848.6 | 0% |
| 2020 | 77,040 | 1,242 | 75,798 | 7908.6 | 0% |
| 2021 | 68,609 | 1,676 | 66,933 | 6339.9 | 0% |
| 2022 | 67,546 | 1,358 | 66,188 | 8409.4 | 0% |
| 2023 | 98,715 | 1,101 | 97,614 | 11436.3 | 0% |
In its most recent public year (2023), this organization brought in $97,614 more than it spent. Its reserves stood at about 11436.3 months of spending. Staff pay was 0% 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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