Freedom Quilting Bee Legacy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 284,113 | 12,971 | 271,142 | 250.8 | 0% |
| 2022 | 89,279 | 103,883 | −14,604 | 29.6 | — |
| 2023 | 299,456 | 123,145 | 176,311 | 42.2 | 0% |
In its most recent public year (2023), this organization brought in $176,311 more than it spent. Its reserves stood at about 42.2 months of spending, down from 250.8 in 2021. Staff pay was 0% of spending. $120,000 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 Quilting Bee Legacy'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