Second Chance Horse Farm
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 23,579 | 20,610 | 2,969 | 1.7 | — |
| 2021 | 62,190 | 61,116 | 1,074 | 0.8 | — |
| 2022 | 52,996 | 62,500 | −9,504 | -1.0 | — |
| 2023 | 20,270 | 15,969 | 4,301 | -0.9 | — |
In its most recent public year (2023), this organization brought in $4,301 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.9 months), down from 1.7 in 2020.
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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