A Second U Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 75,300 | 19,808 | 55,492 | 33.6 | — |
| 2020 | 248,906 | 74,612 | 174,294 | 37.0 | 32% |
| 2021 | 0 | 0 | 0 | — | — |
| 2022 | 311,096 | 433,563 | −122,467 | 8.6 | 33% |
| 2023 | 0 | 0 | 0 | — | — |
In its most recent public year (2023), this organization brought in $0 more than it spent.
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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