Madina Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,029,942 | 963,803 | 66,139 | 24.0 | 67% |
| 2021 | 1,322,413 | 1,025,082 | 297,331 | 26.1 | 68% |
| 2022 | 1,352,178 | 734,191 | 617,987 | 46.5 | 53% |
| 2023 | 1,395,232 | 1,392,064 | 3,168 | 24.6 | 64% |
In its most recent public year (2023), this organization brought in $3,168 more than it spent. Its reserves stood at about 24.6 months of spending. Staff pay was 64% 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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