Edwins Second Chance Life Skills Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 160,800 | 9,389 | 151,411 | 193.5 | — |
| 2016 | 1,203,726 | 250,579 | 953,147 | 52.9 | 10% |
| 2017 | 267,250 | 198,415 | 68,835 | 71.0 | 21% |
| 2018 | 82,804 | 218,324 | −135,520 | 57.0 | 22% |
| 2019 | 141,645 | 252,791 | −111,146 | 44.0 | 20% |
| 2020 | 188,409 | 194,460 | −6,051 | 63.0 | 21% |
| 2021 | 389,458 | 212,933 | 176,525 | 67.5 | 17% |
| 2022 | 328,102 | 288,540 | 39,562 | 51.4 | 14% |
| 2023 | 268,851 | 327,671 | −58,820 | 43.1 | 9% |
In its most recent public year (2023), this organization spent $58,820 more than it brought in. Its reserves stood at about 43.1 months of spending, down from 193.5 in 2015. Staff pay was 9% of spending. $20,677 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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