Maryland Free Enterprise Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 156,589 | 157,821 | −1,232 | -2.0 | 44% |
| 2012 | 172,713 | 177,895 | −5,182 | -2.4 | 58% |
| 2013 | 157,971 | 172,352 | −14,381 | -3.0 | 56% |
| 2014 | 158,408 | 142,105 | 16,303 | 2.8 | 12% |
| 2015 | 145,822 | 106,189 | 39,633 | 8.3 | 0% |
| 2016 | 232,019 | 140,397 | 91,622 | 14.1 | 0% |
| 2017 | 225,112 | 157,525 | 67,587 | 17.7 | 0% |
| 2018 | 221,993 | 158,832 | 63,161 | 22.3 | 0% |
| 2019 | 181,660 | 168,239 | 13,421 | 21.7 | 0% |
| 2020 | 119,291 | 153,604 | −34,313 | 21.1 | 0% |
| 2021 | 102,461 | 172,451 | −69,990 | 14.0 | 0% |
| 2022 | 197,878 | 213,733 | −15,855 | 10.1 | 0% |
| 2023 | 143,098 | 208,740 | −65,642 | 6.6 | 0% |
In its most recent public year (2023), this organization spent $65,642 more than it brought in. Its reserves stood at about 6.6 months of spending, up from -2 in 2011. Staff pay was 0% 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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