Chances For Children-Ny Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,083,155 | 585,567 | 497,588 | 21.7 | 69% |
| 2021 | 1,510,818 | 815,111 | 695,707 | 25.8 | 70% |
| 2022 | 1,051,884 | 1,143,794 | −91,910 | 17.4 | 66% |
| 2023 | 1,045,388 | 1,328,274 | −282,886 | 12.5 | 66% |
In its most recent public year (2023), this organization spent $282,886 more than it brought in. Its reserves stood at about 12.5 months of spending, down from 21.7 in 2020. Staff pay was 66% of spending. $262,618 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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