2nd Century Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 139,422 | 313,904 | −174,482 | 0.4 | — |
| 2020 | 42,851 | 12,666 | 30,185 | 37.7 | — |
| 2021 | 50,194 | 39,380 | 10,814 | 15.4 | — |
In its most recent public year (2021), this organization brought in $10,814 more than it spent. Its reserves stood at about 15.4 months of spending, up from 0.4 in 2019.
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 2021. 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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