Freedom Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,533,884 | 2,477,867 | 56,017 | 3.3 | 57% |
| 2012 | 2,462,275 | 2,385,543 | 76,732 | 3.9 | 59% |
| 2013 | 2,652,023 | 2,537,602 | 114,421 | 4.2 | 58% |
| 2014 | 2,725,105 | 2,558,693 | 166,412 | 4.9 | 58% |
| 2015 | 2,842,669 | 2,887,180 | −44,511 | 4.2 | 53% |
| 2016 | 3,584,368 | 3,397,781 | 186,587 | 4.0 | 52% |
| 2017 | 3,863,885 | 3,603,326 | 260,559 | 4.7 | 53% |
| 2018 | 4,233,865 | 3,876,532 | 357,333 | 5.5 | 54% |
| 2019 | 3,469,519 | 3,073,505 | 396,014 | 8.4 | 51% |
| 2020 | 3,129,054 | 2,749,736 | 379,318 | 11.1 | 57% |
| 2021 | 3,356,515 | 3,042,899 | 313,616 | 11.2 | 61% |
| 2022 | 3,623,676 | 3,462,807 | 160,869 | 10.4 | 58% |
| 2023 | 3,727,152 | 3,771,040 | −43,888 | 9.4 | 62% |
In its most recent public year (2023), this organization spent $43,888 more than it brought in. Its reserves stood at about 9.4 months of spending, up from 3.3 in 2011. Staff pay was 62% of spending. $88,875 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
Freedom Academy Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works