North Carolina Freedom Park
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,819,229 | 35,671 | 2,783,558 | 1186.0 | 0% |
| 2021 | 1,627,434 | 54,534 | 1,572,900 | 1121.9 | 0% |
| 2022 | 2,202,473 | 68,965 | 2,133,508 | 1258.4 | 0% |
| 2023 | 46,731 | 7,046,150 | −6,999,419 | 0.4 | 0% |
In its most recent public year (2023), this organization spent $6,999,419 more than it brought in. Its reserves stood at about 0.4 months of spending, down from 1186 in 2020. Staff pay was 0% 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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