The Second Mile Center Of Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 325,751 | 326,634 | −883 | 0.2 | 37% |
| 2013 | 318,364 | 317,961 | 403 | 0.2 | 39% |
| 2014 | 332,388 | 337,456 | −5,068 | 0.0 | 36% |
| 2015 | 343,428 | 291,866 | 51,562 | 2.2 | 27% |
| 2016 | 253,622 | 270,657 | −17,035 | 1.6 | 30% |
| 2017 | 277,915 | 279,128 | −1,213 | 1.5 | 33% |
| 2018 | 408,561 | 309,029 | 99,532 | 5.2 | 28% |
| 2019 | 269,239 | 260,298 | 8,941 | 6.6 | 34% |
| 2020 | 315,579 | 245,438 | 70,141 | 10.4 | 35% |
| 2021 | 303,152 | 290,934 | 12,218 | 9.3 | 29% |
| 2022 | 230,593 | 228,837 | 1,756 | 11.9 | 40% |
| 2023 | 219,758 | 222,686 | −2,928 | 12.1 | 39% |
In its most recent public year (2023), this organization spent $2,928 more than it brought in. Its reserves stood at about 12.1 months of spending, up from 0.2 in 2012. Staff pay was 39% of spending. $96,666 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
The Second Mile Center Of Detroit'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