The Free State Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 666,039 | 491,034 | 175,005 | 24.6 | 74% |
| 2012 | 802,208 | 547,335 | 254,873 | 27.7 | 72% |
| 2013 | 964,682 | 589,185 | 375,497 | 33.6 | 70% |
| 2014 | 859,362 | 602,492 | 256,870 | 38.1 | 67% |
| 2015 | 961,718 | 702,241 | 259,477 | 37.1 | 70% |
| 2016 | 943,367 | 764,049 | 179,318 | 37.1 | 70% |
| 2017 | 1,041,133 | 918,185 | 122,948 | 33.2 | 75% |
| 2018 | 1,242,772 | 954,431 | 288,341 | 35.4 | 74% |
| 2019 | 1,324,446 | 854,880 | 469,566 | 47.9 | 71% |
| 2020 | 1,077,142 | 999,612 | 77,530 | 44.5 | 78% |
| 2021 | 748,131 | 1,106,782 | −358,651 | 38.9 | 79% |
| 2022 | 1,219,957 | 1,191,333 | 28,624 | 32.6 | 78% |
| 2023 | 1,341,715 | 1,224,733 | 116,982 | 35.7 | 77% |
In its most recent public year (2023), this organization brought in $116,982 more than it spent. Its reserves stood at about 35.7 months of spending, up from 24.6 in 2011. Staff pay was 77% 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
The Free State Foundation 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