Freedmen Heirs Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 549,532 | 4,532 | 545,000 | 1443.1 | 0% |
| 2022 | 199,484 | 201,721 | −2,237 | 32.3 | 81% |
| 2023 | 185,241 | 371,176 | −185,935 | 11.5 | — |
In its most recent public year (2023), this organization spent $185,935 more than it brought in. Its reserves stood at about 11.5 months of spending, down from 1443.1 in 2021.
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
Freedmen Heirs Foundation 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