Freedom Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 425,791 | 250,080 | 175,711 | 8.4 | 0% |
| 2018 | 47,321 | 210,653 | −163,332 | 0.7 | 54% |
| 2019 | 253,788 | 293,923 | −40,135 | -1.1 | 34% |
| 2020 | 1,980,371 | 794,687 | 1,185,684 | 17.5 | 39% |
| 2021 | 4,976,819 | 1,888,502 | 3,088,317 | 27.0 | 42% |
| 2022 | 1,026,007 | 2,295,271 | −1,269,264 | 15.6 | 53% |
| 2023 | 428,638 | 1,803,643 | −1,375,005 | 10.7 | 71% |
In its most recent public year (2023), this organization spent $1,375,005 more than it brought in. Its reserves stood at about 10.7 months of spending, up from 8.4 in 2017. Staff pay was 71% of spending. $50,000 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 Initiative'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