Let Freedom Ring Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 49,337 | 61,949 | −12,612 | 0.1 | — |
| 2020 | 87,530 | 80,705 | 6,825 | 1.1 | — |
| 2021 | 175,773 | 156,093 | 19,680 | 2.1 | 0% |
| 2022 | 183,107 | 104,112 | 78,995 | 12.3 | 0% |
| 2023 | 295,671 | 274,721 | 20,950 | 5.6 | 0% |
In its most recent public year (2023), this organization brought in $20,950 more than it spent. Its reserves stood at about 5.6 months of spending, up from 0.1 in 2019. Staff pay was 0% of spending. $65,654 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
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