Freedom Life Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 54,555 | 51,064 | 3,491 | 0.8 | — |
| 2018 | 63,320 | 64,512 | −1,192 | 0.4 | — |
| 2020 | 0 | 380 | −380 | 1.0 | — |
| 2021 | 29,909 | 29,814 | 95 | 0.1 | — |
| 2022 | 68,397 | 68,151 | 246 | 0.1 | — |
| 2023 | 18,439 | 18,191 | 248 | 0.4 | — |
| 2024 | 5,384 | 4,899 | 485 | 2.7 | — |
In its most recent public year (2024), this organization brought in $485 more than it spent. Its reserves stood at about 2.7 months of spending, up from 0.8 in 2017.
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
Freedom Life Academy'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