The Fregenet Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 64,850 | 15,556 | 49,294 | 90.4 | — |
| 2012 | 44,042 | 23,829 | 20,213 | 69.2 | — |
| 2013 | 42,163 | 25,536 | 16,627 | 72.4 | 0% |
| 2014 | 22,128 | 17,402 | 4,726 | 109.5 | 0% |
| 2015 | 77,123 | 39,418 | 37,705 | 59.8 | 0% |
| 2016 | 43,099 | 24,582 | 18,517 | 104.9 | 0% |
| 2017 | 23,835 | 34,893 | −11,058 | 70.1 | 0% |
| 2018 | 26,053 | 36,500 | −10,447 | 63.6 | 0% |
| 2019 | 60,238 | 30,965 | 29,273 | 86.3 | 0% |
| 2020 | 67,544 | 136,557 | −69,013 | 13.5 | 0% |
| 2021 | 55,963 | 86,687 | −30,724 | 17.0 | 0% |
| 2022 | 33,099 | 67,024 | −33,925 | 15.9 | 0% |
| 2023 | 35,687 | 41,188 | −5,501 | 24.3 | 0% |
| 2024 | 30,874 | 52,838 | −21,964 | 14.0 | 0% |
In its most recent public year (2024), this organization spent $21,964 more than it brought in. Its reserves stood at about 14 months of spending, down from 90.4 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 2024. 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
The Fregenet Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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