Islamic School Of Grand Rapids
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 98,757 | 76,685 | 22,072 | 3.5 | — |
| 2020 | 176,788 | 139,521 | 37,267 | 5.1 | — |
| 2021 | 151,424 | 149,186 | 2,238 | 5.0 | — |
| 2022 | 199,909 | 203,816 | −3,907 | 3.4 | — |
| 2023 | 309,317 | 259,979 | 49,338 | 4.9 | 75% |
In its most recent public year (2023), this organization brought in $49,338 more than it spent. Its reserves stood at about 4.9 months of spending, up from 3.5 in 2019. Staff pay was 75% 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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