Freedom Ride Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,195,368 | 427,746 | 767,622 | 35.2 | 49% |
| 2021 | 696,727 | 543,523 | 153,204 | 31.1 | 39% |
| 2022 | 920,494 | 559,702 | 360,792 | 37.9 | 39% |
| 2023 | 679,045 | 596,271 | 82,774 | 37.2 | 43% |
In its most recent public year (2023), this organization brought in $82,774 more than it spent. Its reserves stood at about 37.2 months of spending, up from 35.2 in 2020. Staff pay was 43% of spending. $216,015 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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