Mufid Academic Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 118,518 | 112,458 | 6,060 | 0.6 | — |
| 2021 | 190,357 | 198,556 | −8,199 | -0.1 | — |
| 2022 | 389,071 | 281,228 | 107,843 | 4.5 | 36% |
| 2023 | 191,784 | 291,507 | −99,723 | 0.2 | 40% |
| 2024 | 364,008 | 319,801 | 44,207 | 1.9 | 53% |
In its most recent public year (2024), this organization brought in $44,207 more than it spent. Its reserves stood at about 1.9 months of spending, up from 0.6 in 2020. Staff pay was 53% 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 2024. 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
Mufid Academic Seminary's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works