2nd Chance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 434,388 | 455,724 | −21,336 | 8.3 | 63% |
| 2012 | 608,490 | 601,832 | 6,658 | 6.5 | 63% |
| 2013 | 657,616 | 673,138 | −15,522 | 5.5 | 67% |
| 2014 | 746,264 | 778,202 | −31,938 | 4.3 | 62% |
| 2015 | 830,995 | 822,269 | 8,726 | 4.8 | 61% |
| 2016 | 1,095,298 | 950,005 | 145,293 | 5.9 | 63% |
| 2017 | 1,284,447 | 1,237,291 | 47,156 | 5.0 | 66% |
| 2018 | 1,369,338 | 1,367,673 | 1,665 | 4.6 | 66% |
| 2019 | 1,503,248 | 1,548,654 | −45,406 | 3.7 | 62% |
| 2021 | 1,521,873 | 1,287,263 | 234,610 | 6.3 | 64% |
| 2022 | 1,348,997 | 1,383,083 | −34,086 | 5.6 | 63% |
| 2023 | 1,217,212 | 1,216,221 | 991 | 6.4 | 62% |
In its most recent public year (2023), this organization brought in $991 more than it spent. Its reserves stood at about 6.4 months of spending, down from 8.3 in 2011. Staff pay was 62% 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
2nd Chance Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works