Harold M Freeman Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 256,909 | 283,069 | −26,160 | 358.5 | 42% |
| 2012 | 262,954 | 285,266 | −22,312 | 354.6 | 46% |
| 2013 | 234,413 | 249,451 | −15,038 | 418.5 | 53% |
| 2014 | 354,745 | 370,503 | −15,758 | 273.9 | 38% |
| 2015 | 279,156 | 304,597 | −25,441 | 332.7 | 55% |
| 2016 | 285,652 | 319,222 | −33,570 | 319.7 | 55% |
| 2017 | 278,221 | 326,234 | −48,013 | 311.0 | 55% |
| 2019 | 255,015 | 295,250 | −40,235 | 344.6 | 49% |
| 2020 | 296,117 | 337,422 | −41,305 | 305.1 | 45% |
| 2021 | 352,754 | 369,586 | −16,832 | 326.2 | 41% |
| 2022 | 294,811 | 335,522 | −40,711 | 355.6 | 49% |
| 2023 | 464,597 | 375,883 | 88,714 | 318.3 | 0% |
In its most recent public year (2023), this organization brought in $88,714 more than it spent. Its reserves stood at about 318.3 months of spending, down from 358.5 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 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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