Second Level Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 67,186 | 63,652 | 3,534 | 6.7 | — |
| 2021 | 88,307 | 79,290 | 9,017 | 8.7 | — |
| 2022 | 136,877 | 147,128 | −10,251 | 3.6 | — |
| 2023 | 123,021 | 122,405 | 616 | 3.4 | — |
In its most recent public year (2023), this organization brought in $616 more than it spent. Its reserves stood at about 3.4 months of spending, down from 6.7 in 2020.
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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