Project Liberty Ship Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 661,907 | 469,853 | 192,054 | 50.9 | 0% |
| 2012 | 589,668 | 513,153 | 76,515 | 49.6 | 0% |
| 2013 | 566,475 | 700,197 | −133,722 | 36.8 | 0% |
| 2014 | 1,860,977 | 921,745 | 939,232 | 38.4 | 0% |
| 2015 | 587,971 | 628,315 | −40,344 | 52.1 | 0% |
| 2016 | 690,929 | 745,823 | −54,894 | 41.1 | 0% |
| 2017 | 762,006 | 672,688 | 89,318 | 45.8 | 0% |
| 2018 | 674,825 | 758,789 | −83,964 | 34.2 | 0% |
| 2019 | 682,300 | 647,063 | 35,237 | 42.3 | 0% |
| 2020 | 904,473 | 683,359 | 221,114 | 46.0 | 0% |
| 2021 | 686,072 | 662,926 | 23,146 | 49.4 | 0% |
| 2022 | 1,695,410 | 771,354 | 924,056 | 52.0 | 0% |
| 2023 | 823,468 | 765,162 | 58,306 | 57.7 | 0% |
In its most recent public year (2023), this organization brought in $58,306 more than it spent. Its reserves stood at about 57.7 months of spending, up from 50.9 in 2011. Staff pay was 0% of spending. $962,521 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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