Freedoms Promise Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 112,924 | 90,729 | 22,195 | 2.9 | — |
| 2012 | 118,619 | 137,647 | −19,028 | 0.3 | — |
| 2013 | 101,315 | 53,981 | 47,334 | 11.2 | — |
| 2014 | 185,654 | 158,945 | 26,709 | 5.8 | — |
| 2015 | 347,051 | 311,224 | 35,827 | 4.4 | 23% |
| 2016 | 461,082 | 440,649 | 20,433 | 3.6 | 25% |
| 2017 | 499,161 | 491,488 | 7,673 | 3.3 | 26% |
| 2018 | 668,982 | 538,487 | 130,495 | 5.9 | 36% |
| 2019 | 1,115,351 | 716,352 | 398,999 | 11.1 | 29% |
| 2020 | 867,624 | 873,728 | −6,104 | 9.0 | 26% |
| 2021 | 1,134,346 | 763,179 | 371,167 | 18.3 | 32% |
| 2022 | 1,758,657 | 902,503 | 856,154 | 26.6 | 32% |
| 2023 | 980,513 | 1,130,182 | −149,669 | 19.7 | 36% |
In its most recent public year (2023), this organization spent $149,669 more than it brought in. Its reserves stood at about 19.7 months of spending, up from 2.9 in 2011. Staff pay was 36% of spending. $1,102,294 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 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
Freedoms Promise 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