Education Is Freedom Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,589,400 | 3,226,890 | −637,490 | 8.1 | 54% |
| 2012 | 874,264 | 1,966,409 | −1,092,145 | 6.6 | 44% |
| 2013 | 3,147,402 | 2,850,464 | 296,938 | 5.8 | 50% |
| 2014 | 2,271,762 | 2,656,775 | −385,013 | 6.6 | 46% |
| 2015 | 1,773,850 | 2,015,866 | −242,016 | 7.3 | 56% |
| 2016 | 2,164,675 | 1,916,240 | 248,435 | 8.8 | 63% |
| 2017 | 2,155,742 | 2,376,707 | −220,965 | 6.3 | 58% |
| 2018 | 2,167,822 | 2,655,365 | −487,543 | 3.6 | 63% |
| 2019 | 3,051,886 | 2,773,588 | 278,298 | 4.6 | 57% |
| 2020 | 3,104,988 | 3,223,957 | −118,969 | 3.5 | 66% |
| 2021 | 3,564,034 | 3,021,358 | 542,676 | 5.2 | 65% |
| 2022 | 3,456,836 | 3,274,583 | 182,253 | 5.5 | 62% |
| 2023 | 5,042,271 | 4,372,074 | 670,197 | 5.8 | 57% |
In its most recent public year (2023), this organization brought in $670,197 more than it spent. Its reserves stood at about 5.8 months of spending, down from 8.1 in 2011. Staff pay was 57% of spending. $4,506,196 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
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