Second Chance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,430,535 | 2,393,513 | 37,022 | 2.0 | 61% |
| 2012 | 2,270,751 | 2,356,331 | −85,580 | 1.6 | 63% |
| 2013 | 2,192,159 | 2,213,264 | −21,105 | 1.6 | 61% |
| 2014 | 2,469,499 | 2,473,412 | −3,913 | 1.4 | 61% |
| 2015 | 2,863,612 | 2,674,329 | 189,283 | 2.1 | 60% |
| 2016 | 2,676,597 | 2,724,151 | −47,554 | 1.9 | 61% |
| 2017 | 2,781,180 | 2,736,259 | 44,921 | 2.1 | 61% |
| 2018 | 2,751,059 | 2,795,009 | −43,950 | 1.9 | 59% |
| 2019 | 3,805,697 | 3,636,122 | 169,575 | 2.0 | 62% |
| 2020 | 3,912,438 | 3,839,903 | 72,535 | 2.1 | 65% |
| 2021 | 4,581,490 | 4,501,663 | 79,827 | 2.0 | 64% |
| 2022 | 5,392,492 | 5,380,430 | 12,062 | 1.7 | 67% |
| 2023 | 6,486,923 | 6,416,285 | 70,638 | 1.6 | 65% |
| 2024 | 6,795,598 | 6,733,948 | 61,650 | 1.6 | 67% |
In its most recent public year (2024), this organization brought in $61,650 more than it spent. Its reserves stood at about 1.6 months of spending. Staff pay was 67% 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 2024. 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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