Freemans Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 142,000 | 116,603 | 25,397 | 4.8 | 46% |
| 2012 | 144,442 | 142,072 | 2,370 | 4.2 | 38% |
| 2013 | 170,420 | 164,296 | 6,124 | 4.1 | 0% |
| 2014 | 152,038 | 131,248 | 20,790 | 7.0 | 41% |
| 2015 | 129,658 | 121,746 | 7,912 | 8.3 | 44% |
| 2017 | 129,000 | 138,517 | −9,517 | 7.8 | 38% |
| 2018 | 168,800 | 139,899 | 28,901 | 10.2 | 37% |
| 2019 | 176,000 | 130,414 | 45,586 | 15.2 | 44% |
| 2020 | 64,400 | 69,706 | −5,306 | 27.5 | 43% |
| 2021 | 188,810 | 113,333 | 75,477 | 24.9 | 29% |
| 2022 | 85,600 | 103,233 | −17,633 | 25.3 | — |
| 2023 | 78,543 | 105,855 | −27,312 | 21.5 | — |
In its most recent public year (2023), this organization spent $27,312 more than it brought in. Its reserves stood at about 21.5 months of spending, up from 4.8 in 2011.
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
Freemans Ministries 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