Freedoms Journal Institute For The Study Of Faith And Public Policy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 64,782 | 62,993 | 1,789 | 0.2 | — |
| 2018 | 54,408 | 55,234 | −826 | 0.0 | — |
| 2019 | 57,390 | 57,390 | 0 | 0.0 | — |
| 2020 | 33,336 | 63,722 | −30,386 | -5.7 | — |
| 2021 | 303,488 | 232,990 | 70,498 | 3.6 | 53% |
| 2022 | 353,538 | 404,475 | −50,937 | -0.6 | 32% |
| 2023 | 187,846 | 191,789 | −3,943 | -1.5 | — |
In its most recent public year (2023), this organization spent $3,943 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.5 months), down from 0.2 in 2017.
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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