Second Association Properties Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 58,694 | 59,557 | −863 | 6.5 | — |
| 2013 | 58,834 | 60,865 | −2,031 | 6.0 | — |
| 2014 | 58,736 | 56,581 | 2,155 | 6.9 | — |
| 2015 | 57,651 | 61,737 | −4,086 | 5.5 | — |
| 2016 | 58,735 | 60,933 | −2,198 | 5.2 | — |
| 2017 | 52,388 | 83,244 | −30,856 | -0.7 | — |
| 2018 | 65,743 | 60,691 | 5,052 | 0.1 | — |
| 2019 | 63,999 | 56,352 | 7,647 | 1.7 | — |
| 2020 | 64,240 | 61,029 | 3,211 | 2.2 | — |
| 2021 | 64,233 | 62,208 | 2,025 | 2.6 | — |
| 2022 | 62,214 | 63,474 | −1,260 | 2.3 | — |
| 2023 | 65,548 | 69,512 | −3,964 | 1.4 | — |
In its most recent public year (2023), this organization spent $3,964 more than it brought in. Its reserves stood at about 1.4 months of spending, down from 6.5 in 2012.
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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