everyledgerAn index of 587,017 U.S. nonprofits · computed from public IRS filings · current through 2024

Freedom Farm

Waverly, MN / EIN 41-1990650 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2020454,373330,048124,32520.043%
2021345,513350,551−5,03818.738%
2022389,623353,51936,10419.741%
2023309,114392,382−83,26815.244%

In its most recent public year (2023), this organization spent $83,268 more than it brought in. Its reserves stood at about 15.2 months of spending, down from 20 in 2020. Staff pay was 44% 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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