We only raise enough to cover current operating expenses.
Our operating budget may be a little outdated, but it’s linked from our donate page (look in the left-hand margin): https://freerepublic.com/donate/
Btw, when I say no capital, I’m saying there are no outside partners or investors or stockholders and we do not have a capital structure that would allow us to hire programmers or technicians or build an expensive plant. It’s just me and John with Amy and Chris helping out. We are working partners and have no employees and no capital reserves or debt to speak of. And none of us are independently wealthy. Our goal for the quarterly fundraisers is to raise enough to cover current expenses. And the FReepers have always come through for that. Thank you very much. FReepers are the absolute greatest! God bless.