Second Ward Community Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,935 | 1,379 | 556 | 4.8 | — |
| 2012 | 6,310 | 2,126 | 4,184 | 26.8 | — |
| 2013 | 11,638 | 12,410 | −772 | 3.3 | — |
| 2018 | 53,199 | 36,960 | 16,239 | 18.1 | — |
| 2019 | 83,577 | 82,430 | 1,147 | 5.5 | — |
| 2020 | 188,368 | 193,682 | −5,314 | 2.0 | — |
| 2021 | 116,651 | 120,648 | −3,997 | 2.8 | — |
| 2022 | 77,424 | 89,247 | −11,823 | 2.2 | — |
| 2023 | 30,407 | 38,720 | −8,313 | 2.5 | — |
In its most recent public year (2023), this organization spent $8,313 more than it brought in. Its reserves stood at about 2.5 months of spending, down from 4.8 in 2011.
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
Second Ward Community Initiative Inc'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