Freedoms Way Heritage Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 59,288 | 91,234 | −31,946 | 10.5 | — |
| 2012 | 132,949 | 95,951 | 36,998 | 14.6 | — |
| 2013 | 89,635 | 106,469 | −16,834 | 11.3 | 29% |
| 2014 | 320,183 | 184,838 | 135,345 | 15.3 | 41% |
| 2015 | 325,247 | 284,776 | 40,471 | 17.2 | 47% |
| 2016 | 284,280 | 291,868 | −7,588 | 16.5 | 39% |
| 2017 | 267,146 | 256,480 | 10,666 | 19.2 | 42% |
| 2018 | 248,018 | 257,938 | −9,920 | 18.5 | 45% |
| 2019 | 290,976 | 307,116 | −16,140 | 14.9 | 51% |
| 2020 | 310,215 | 291,389 | 18,826 | 16.4 | 61% |
| 2021 | 404,816 | 396,881 | 7,935 | 12.3 | 47% |
| 2022 | 344,510 | 345,609 | −1,099 | 14.1 | 53% |
| 2023 | 421,416 | 384,239 | 37,177 | 13.8 | 51% |
In its most recent public year (2023), this organization brought in $37,177 more than it spent. Its reserves stood at about 13.8 months of spending, up from 10.5 in 2011. Staff pay was 51% 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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