Second Chance For Life Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 45,303 | 33,349 | 11,954 | 57.8 | 0% |
| 2013 | 48,586 | 36,720 | 11,866 | 56.8 | 0% |
| 2014 | 54,427 | 37,776 | 16,651 | 60.0 | 0% |
| 2015 | 79,171 | 39,981 | 39,190 | 67.8 | 0% |
| 2016 | 63,855 | 51,319 | 12,536 | 54.5 | 0% |
| 2017 | 75,854 | 44,176 | 31,678 | 73.0 | 0% |
| 2018 | 74,968 | 55,492 | 19,476 | 62.0 | 0% |
| 2019 | 75,662 | 60,054 | 15,608 | 61.1 | 0% |
| 2020 | 70,339 | 75,353 | −5,014 | 46.7 | 0% |
| 2021 | 38,020 | 24,781 | 13,239 | 157.6 | 0% |
| 2022 | 64,965 | 36,209 | 28,756 | 108.7 | 0% |
| 2023 | 77,343 | 43,634 | 33,709 | 97.6 | 0% |
In its most recent public year (2023), this organization brought in $33,709 more than it spent. Its reserves stood at about 97.6 months of spending, up from 57.8 in 2012. Staff pay was 0% 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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