Freeport Bible Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 1,950,591 | 1,894,435 | 56,156 | 19.0 | 1% |
| 2018 | 2,062,704 | 1,579,978 | 482,726 | 26.5 | 19% |
| 2019 | 2,085,798 | 1,872,465 | 213,333 | 23.7 | 38% |
| 2021 | 2,667,487 | 2,438,829 | 228,658 | 20.0 | 14% |
| 2022 | 3,017,105 | 2,869,152 | 147,953 | 17.6 | 11% |
| 2023 | 3,531,772 | 3,122,065 | 409,707 | 17.7 | 4% |
In its most recent public year (2023), this organization brought in $409,707 more than it spent. Its reserves stood at about 17.7 months of spending, down from 19 in 2017. Staff pay was 4% 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
Freeport Bible Center Inc's IRS filings as a feed — one entry per filing year, through 2023. 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