Second Chances Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 37,242 | 34,850 | 2,392 | 11.8 | — |
| 2012 | 39,633 | 35,887 | 3,746 | 12.7 | — |
| 2013 | 52,730 | 32,577 | 20,153 | 21.4 | — |
| 2014 | 52,584 | 35,661 | 16,923 | 25.4 | — |
| 2015 | 80,134 | 71,079 | 9,055 | 14.2 | — |
| 2016 | 102,288 | 62,457 | 39,831 | 23.8 | — |
| 2017 | 98,295 | 77,231 | 21,064 | 22.5 | — |
| 2018 | 92,005 | 78,959 | 13,046 | 24.0 | — |
| 2019 | 129,106 | 101,161 | 27,945 | 22.1 | — |
| 2020 | 170,043 | 141,093 | 28,950 | 18.3 | — |
| 2021 | 199,346 | 149,473 | 49,873 | 21.3 | — |
| 2022 | 235,181 | 199,173 | 36,008 | 18.1 | 63% |
| 2023 | 365,353 | 265,026 | 100,327 | 18.2 | 59% |
In its most recent public year (2023), this organization brought in $100,327 more than it spent. Its reserves stood at about 18.2 months of spending, up from 11.8 in 2011. Staff pay was 59% of spending. $80,199 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
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