Los Angeles Second Baptist Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 358,687 | 343,479 | 15,208 | 18.1 | 15% |
| 2012 | 369,211 | 406,028 | −36,817 | 14.3 | 9% |
| 2013 | 368,978 | 308,804 | 60,174 | 21.1 | 14% |
| 2014 | 385,882 | 357,731 | 28,151 | 19.2 | 20% |
| 2015 | 391,195 | 388,345 | 2,850 | 17.7 | 30% |
| 2016 | 404,329 | 398,673 | 5,656 | 17.4 | 38% |
| 2017 | 418,384 | 461,376 | −42,992 | 14.0 | 25% |
| 2018 | 416,215 | 467,203 | −50,988 | 12.5 | 26% |
| 2019 | 437,614 | 346,307 | 91,307 | 20.0 | 30% |
| 2020 | 1,201,282 | 485,898 | 715,384 | 31.9 | 28% |
| 2021 | 750,327 | 438,771 | 311,556 | -0.5 | 25% |
| 2022 | 43,747 | 0 | 43,747 | — | — |
| 2023 | 35,885 | 70,213 | −34,328 | -2.3 | 0% |
In its most recent public year (2023), this organization spent $34,328 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.3 months), down from 18.1 in 2011. Staff pay was 0% 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
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