Freedom Lake Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 137,792 | 15,840 | 121,952 | 92.6 | — |
| 2021 | 290,017 | 136,646 | 153,371 | 24.2 | 0% |
| 2022 | 636,028 | 292,089 | 343,939 | 25.5 | 0% |
| 2023 | 575,894 | 614,824 | −38,930 | 11.3 | 20% |
In its most recent public year (2023), this organization spent $38,930 more than it brought in. Its reserves stood at about 11.3 months of spending, down from 92.6 in 2020. Staff pay was 20% of spending. $553,529 of its net assets are donor-restricted.
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
Freedom Lake 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