Cleveland Ibn Sina Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 39,126 | 9,523 | 29,603 | 37.3 | 35% |
| 2020 | 25,462 | 29,253 | −3,791 | 15.0 | 23% |
| 2021 | 350,629 | 302,482 | 48,147 | 2.8 | 15% |
In its most recent public year (2021), this organization brought in $48,147 more than it spent. Its reserves stood at about 2.8 months of spending, down from 37.3 in 2019. Staff pay was 15% 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 2021. 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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