Education Freedom Alabama
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,182,344 | 2,529,309 | −346,965 | 18.9 | 3% |
| 2022 | 2,287,101 | 1,976,712 | 310,389 | 26.1 | 4% |
| 2023 | 7,106,923 | 4,862,516 | 2,244,407 | 16.1 | 4% |
In its most recent public year (2023), this organization brought in $2,244,407 more than it spent. Its reserves stood at about 16.1 months of spending, down from 18.9 in 2021. Staff pay was 4% of spending. $6,241,634 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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