Iqra Academy Of The Twin Cities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 110,550 | 102,250 | 8,300 | 1.0 | 25% |
| 2021 | 69,882 | 68,179 | 1,703 | 0.0 | 9% |
| 2022 | 421,939 | 332,486 | 89,453 | 0.0 | 4% |
| 2023 | 245,663 | 204,837 | 40,826 | 4.4 | 12% |
In its most recent public year (2023), this organization brought in $40,826 more than it spent. Its reserves stood at about 4.4 months of spending, up from 1 in 2017. Staff pay was 12% 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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