Freeport Area Church Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 541,476 | 495,864 | 45,612 | 13.4 | 39% |
| 2012 | 579,159 | 583,031 | −3,872 | 11.3 | 38% |
| 2013 | 552,954 | 561,993 | −9,039 | 11.5 | 35% |
| 2014 | 699,961 | 596,062 | 103,899 | 13.0 | 35% |
| 2015 | 621,866 | 681,091 | −59,225 | 10.3 | 38% |
| 2016 | 585,331 | 688,261 | −102,930 | 8.4 | 39% |
| 2017 | 740,730 | 705,789 | 34,941 | 8.8 | 36% |
| 2018 | 691,799 | 675,983 | 15,816 | 9.5 | 32% |
| 2019 | 523,510 | 643,667 | −120,157 | 7.8 | 32% |
| 2020 | 644,450 | 502,184 | 142,266 | 13.4 | 39% |
| 2021 | 497,846 | 439,400 | 58,446 | 17.0 | 38% |
| 2022 | 422,274 | 586,107 | −163,833 | 9.3 | 42% |
In its most recent public year (2022), this organization spent $163,833 more than it brought in. Its reserves stood at about 9.3 months of spending, down from 13.4 in 2011. Staff pay was 42% of spending. $39,825 of its net assets are donor-restricted.
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 2022. 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 Area Church Cooperative's IRS filings as a feed — one entry per filing year, through 2022. 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