Second Chance Center Of Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 19,913 | 4,433 | 15,480 | 45.2 | 0% |
| 2013 | 74,619 | 84,435 | −9,816 | 1.0 | 48% |
| 2014 | 72,741 | 80,710 | −7,969 | -0.2 | 60% |
| 2015 | 79,525 | 89,601 | −10,076 | -2.5 | 53% |
| 2016 | 85,811 | 65,712 | 20,099 | 0.1 | 43% |
| 2017 | 30,650 | 25,125 | 5,525 | 2.8 | 0% |
| 2019 | 113,826 | 93,844 | 19,982 | 5.1 | — |
| 2020 | 306,546 | 301,711 | 4,835 | 2.2 | 22% |
| 2021 | 326,642 | 320,622 | 6,020 | 4.9 | 49% |
| 2022 | 310,621 | 335,429 | −24,808 | 3.8 | 51% |
| 2023 | 326,613 | 325,942 | 671 | 10.0 | 53% |
In its most recent public year (2023), this organization brought in $671 more than it spent. Its reserves stood at about 10 months of spending, down from 45.2 in 2012. Staff pay was 53% 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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