Iqra Academy Of Virginia
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 556,423 | 494,021 | 62,402 | 3.1 | 67% |
| 2013 | 535,059 | 594,399 | −59,340 | 1.4 | 71% |
| 2014 | 638,773 | 553,190 | 85,583 | 3.3 | 67% |
| 2015 | 619,356 | 606,442 | 12,914 | 3.3 | 66% |
| 2016 | 200,000 | 200,000 | 0 | 9.9 | 100% |
| 2017 | 798,506 | 854,752 | −56,246 | 12.5 | 50% |
| 2019 | 1,059,598 | 1,021,798 | 37,800 | 1.8 | 64% |
| 2020 | 1,033,423 | 931,372 | 102,051 | 3.3 | 66% |
| 2021 | 1,233,668 | 762,804 | 470,864 | 11.6 | 49% |
| 2022 | 1,199,112 | 947,222 | 251,890 | 12.6 | 53% |
| 2023 | 1,163,024 | 1,078,669 | 84,355 | 12.3 | 45% |
In its most recent public year (2023), this organization brought in $84,355 more than it spent. Its reserves stood at about 12.3 months of spending, up from 3.1 in 2012. Staff pay was 45% 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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