Independence 2nd Owner Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 49,924 | 65,570 | −15,646 | -13.6 | 5% |
| 2012 | 49,923 | 65,634 | −15,711 | -16.5 | 7% |
| 2013 | 49,919 | 55,625 | −5,706 | -20.6 | 11% |
| 2014 | 49,907 | 45,322 | 4,585 | -24.1 | 2% |
| 2015 | 49,908 | 45,098 | 4,810 | -23.0 | 4% |
| 2016 | 49,697 | 53,863 | −4,166 | -20.2 | 3% |
| 2017 | 49,910 | 58,247 | −8,337 | -20.4 | 3% |
| 2018 | 45,753 | 35,210 | 10,543 | -30.1 | 0% |
| 2019 | 54,077 | 36,084 | 17,993 | -23.4 | 0% |
| 2020 | 49,966 | 74,903 | −24,937 | -15.3 | 0% |
| 2021 | 49,965 | 67,932 | −17,967 | -20.0 | 0% |
| 2022 | 49,896 | 95,231 | −45,335 | -20.0 | 0% |
| 2023 | 44,804 | 106,655 | −61,851 | -24.8 | 0% |
In its most recent public year (2023), this organization spent $61,851 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-24.8 months), down from -13.6 in 2011. Staff pay was 0% of spending.
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
Independence 2nd Owner Corp'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