Second Wind Cottages Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 276,306 | 116,684 | 159,622 | 93.5 | 26% |
| 2021 | 255,089 | 177,743 | 77,346 | 66.7 | 37% |
| 2022 | 398,620 | 105,556 | 293,064 | 145.7 | 32% |
| 2023 | 319,875 | 254,231 | 65,644 | 63.2 | 47% |
In its most recent public year (2023), this organization brought in $65,644 more than it spent. Its reserves stood at about 63.2 months of spending, down from 93.5 in 2020. Staff pay was 47% of spending. $241,064 of its net assets are donor-restricted.
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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