Miami Freedom Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 315,395 | 244,079 | 71,316 | 3.5 | 3% |
| 2021 | 36,573 | 50,441 | −13,868 | 13.7 | — |
| 2022 | 377,467 | 149,305 | 228,162 | 23.0 | 33% |
In its most recent public year (2022), this organization brought in $228,162 more than it spent. Its reserves stood at about 23 months of spending, up from 3.5 in 2020. Staff pay was 33% of spending.
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 2022. 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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