2nd Act Org Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 351,865 | 279,468 | 72,397 | 11.9 | 49% |
| 2021 | 263,995 | 306,953 | −42,958 | 8.8 | 48% |
| 2022 | 260,688 | 346,617 | −85,929 | 4.8 | 52% |
| 2023 | 413,267 | 473,614 | −60,347 | 1.7 | 49% |
In its most recent public year (2023), this organization spent $60,347 more than it brought in. Its reserves stood at about 1.7 months of spending, down from 11.9 in 2020. Staff pay was 49% of spending. $102,135 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works