True Freedom Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 959,475 | 749,167 | 210,308 | 11.5 | 56% |
| 2021 | 1,015,910 | 751,578 | 264,332 | 15.7 | 51% |
| 2022 | 974,293 | 874,133 | 100,160 | 14.9 | 53% |
| 2023 | 1,054,220 | 965,178 | 89,042 | 14.4 | 53% |
In its most recent public year (2023), this organization brought in $89,042 more than it spent. Its reserves stood at about 14.4 months of spending, up from 11.5 in 2020. Staff pay was 53% 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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