everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Second Chances Foundation Inc

Memphis, TN / EIN 26-1510916 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2013161,728136,86524,8638.2
2014165,530145,88019,6509.3
2015325,864188,255137,60916.014%
2016267,283262,5594,72411.724%
2017396,365412,840−16,4757.00%
2018432,835454,501−21,6665.710%
2019426,971461,324−34,3535.714%
2020368,853469,896−101,0433.053%
2021409,427419,852−10,4253.154%
2022328,452342,617−14,1653.378%
2023462,582412,02850,5544.257%

In its most recent public year (2023), this organization brought in $50,554 more than it spent. Its reserves stood at about 4.2 months of spending, down from 8.2 in 2013. Staff pay was 57% 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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