Freer Records Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 67,605 | 32,186 | 35,419 | 13.7 | — |
| 2020 | 88,607 | 99,336 | −10,729 | 3.1 | — |
| 2021 | 116,050 | 86,439 | 29,611 | 7.7 | — |
| 2022 | 246,446 | 79,595 | 166,851 | 33.5 | 47% |
| 2023 | 185,085 | 247,446 | −62,361 | 7.8 | 41% |
In its most recent public year (2023), this organization spent $62,361 more than it brought in. Its reserves stood at about 7.8 months of spending, down from 13.7 in 2019. Staff pay was 41% of spending. $23,000 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
Freer Records 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