Secured Finance Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 338,654 | 291,835 | 46,819 | 17.5 | 0% |
| 2012 | 323,933 | 400,360 | −76,427 | 10.7 | 0% |
| 2013 | 290,668 | 390,825 | −100,157 | 8.4 | 0% |
| 2014 | 385,508 | 488,889 | −103,381 | 3.9 | 0% |
| 2015 | 339,164 | 451,316 | −112,152 | 0.6 | 0% |
| 2016 | 564,858 | 530,634 | 34,224 | 1.4 | 0% |
| 2017 | 577,620 | 448,635 | 128,985 | 5.0 | 0% |
| 2018 | 493,990 | 506,408 | −12,418 | 4.1 | 0% |
| 2019 | 344,128 | 450,901 | −106,773 | 1.9 | 0% |
| 2020 | 401,065 | 466,445 | −65,380 | 0.5 | 0% |
| 2021 | 487,784 | 389,350 | 98,434 | 4.1 | 0% |
| 2022 | 713,005 | 599,172 | 113,833 | 4.2 | 0% |
| 2023 | 760,191 | 650,589 | 109,602 | 6.4 | 0% |
In its most recent public year (2023), this organization brought in $109,602 more than it spent. Its reserves stood at about 6.4 months of spending, down from 17.5 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
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