Freedom Way Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 86,183 | 64,569 | 21,614 | 4.0 | — |
| 2021 | 35,160 | 8,428 | 26,732 | 77.1 | — |
| 2022 | 62,425 | 74,606 | −12,181 | 6.8 | — |
| 2023 | 62,165 | 65,217 | −3,052 | 7.2 | — |
In its most recent public year (2023), this organization spent $3,052 more than it brought in. Its reserves stood at about 7.2 months of spending, up from 4 in 2020.
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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