Her 2nd Chance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 200,267 | 111,585 | 88,682 | 10.8 | 80% |
| 2020 | 418,698 | 343,307 | 75,391 | 6.1 | 65% |
| 2021 | 383,123 | 384,463 | −1,340 | 5.4 | 71% |
| 2022 | 448,035 | 438,297 | 9,738 | 5.0 | 59% |
In its most recent public year (2022), this organization brought in $9,738 more than it spent. Its reserves stood at about 5 months of spending, down from 10.8 in 2019. Staff pay was 59% of spending. $146,534 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 2022. 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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