Second Chance Farm
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 302,747 | 261,581 | 41,166 | 8.3 | 26% |
| 2021 | 310,942 | 278,780 | 32,162 | 9.2 | 24% |
| 2022 | 370,134 | 266,603 | 103,531 | 14.3 | 25% |
| 2023 | 617,295 | 398,884 | 218,411 | 16.1 | 21% |
In its most recent public year (2023), this organization brought in $218,411 more than it spent. Its reserves stood at about 16.1 months of spending, up from 8.3 in 2020. Staff pay was 21% 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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