SECOND NATURE INC

EIN: 043195772 501(c)(3) Unknown

CAMBRIDGE, MA

Total Revenue
$2,431,676
Total Expenses
$2,420,739
Total Assets
$2,117,153
Net Assets
$1,922,865
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
MA
Principal Officer
TIMOTHY CARTER
Phone
6177220036
Tax Period
2024-07-01 to 2025-06-30

SECOND NATURE INC, founded in 1993, is a community nonprofit in the Unknown sector that reported $2.4M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

SECOND NATURE'S MISSION IS TO ACCELERATE CLIMATE ACTION IN, AND THROUGH, HIGHER EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $2,153,996 Revenue: $304,563

SECOND NATURE BELIEVES COLLEGES AND UNIVERSITIES MUST EXERCISE LEADERSHIP IN THEIR COMMUNITIES AND THROUGHOUT SOCIETY BY PROVIDING THE KNOWLEDGE, RESEARCH, PRACTICE, AND INFORMED GRADUATES TO CREATE...

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SECOND NATURE BELIEVES COLLEGES AND UNIVERSITIES MUST EXERCISE LEADERSHIP IN THEIR COMMUNITIES AND THROUGHOUT SOCIETY BY PROVIDING THE KNOWLEDGE, RESEARCH, PRACTICE, AND INFORMED GRADUATES TO CREATE A POSITIVE AND SUSTAINABLE FUTURE. THE PRESIDENTS'CLIMATE LEADERSHIP COMMITMENTS HAVE BEEN CATALYSTS FOR ACTIONS ON HUNDREDS OF CAMPUSES AND IN MANY COMMUNITIES ACROSS THE NATION. THE CLIMATE LEADERSHIP NETWORK IS MADE UP OF THE OVER 400 COMMITMENT SIGNATORIES AND IS FACILITATED BY THE ORGANIZATION. HIGHER EDUCATION PRESIDENTS AND CHANCELLORS CAN JOIN THE CLIMATE LEADERSHIP NETWORK BY SIGNING EITHER THE CARBON OR THE RESILIENCE COMMITMENT, OR THE INTEGRATED CLIMATE COMMITMENT. THE C2P2 PROGRAM IS AN INITIATIVE TO SUPPORT COLLEGES AND UNIVERSITIES IN DEVELOPING AND MARKETING CARBON OFFSETS AS A WAY TO ACCELERATE THEIR PROGRESS TOWARDS CAMPUS CARBON NEUTRALITY. ELIGIBLE SCHOOLS CAN DEVELOP CARBON CREDITS ON THEIR CAMPUSES THROUGH ENERGY CONSERVATION, ENERGY EFFICIENCY, RENEWABLE ENERGY, AND LEED CERTIFIED BUILDINGS. PROCEEDS FROM CARBON SALES ARE INVESTED INTO SUSTAINABILITY PROJECTS ON CAMPUS, ALLOWING SCHOOLS TO ACHIEVE GREATER EMISSIONS REDUCTIONS AND PUSHING COMMUNITIES TO DEVELOP CLEAN, EFFICIENT ENERGY SYSTEMS. THE CARBON CREDIT AND PURCHASING PROGRAM DEVELOPS CREDITS TO THE VERIFIED CARBON STANDARD (VCS) THROUGH A METHODOLOGY DESIGNED SPECIFICALLY FOR CAMPUS-BASED PROJECTS. AS THE MANAGER OF C2P2, THE ORGANIZATION PROVIDES TECHNICAL AND LOGISTICAL SUPPORT TO SCHOOLS PARTICIPATING IN THE PROGRAM.UNIVERSITY CLIMATE CHANGE AND COALITION (UC3 PROGRAM) THE UC3 PROGRAM IS A COALITION OF LEADING NORTH AMERICA RESEARCH UNIVERSITIES THAT WILL PROTOTYPE A COLLABORATIVE MODEL DESIGNED TO HELP LOCAL COMMUNITIES ACHIEVE THEIR CLIMATE GOALS AND ACCELERATE THE TRANSITION TO A LOW-CARBON FUTURE.THE UC3 PROGRAM IS A COALITION OF LEADING NORTH AMERICAN RESEARCH UNIVERSITIES THAT WILL PROTOTYPE A COLLABORATIVE MODEL DESIGNED TO HELP LOCAL COMMUNITIES ACHIEVE THEIR CLIMATE GOALS AND ACCELERATE THE TRANSIT TO A LOW-CARBON FUTURE.THE DISTINGUISHED UNIVERSITIES FROM THE UNITED STATES, CANADA AND MEXICO THAT MAKE UP UC3 HAVE COMMITTED TO MOBILIZE THEIR RESOURCES AND EXPERTISE TO ACCELERATE LOCAL AND REGIONAL CLIMATE ACTION IN PARTNERSHIP WITH BUSINESSES, CITIES AND STATES, FOUNDATIONS AND OTHER ORGANIZATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,052,350
Program Service Revenue $303,653
Investment Income $74,763
Other Revenue $910
TOTAL REVENUE $2,431,676

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,678,183
Fundraising Expenses $77,528
Program Expenses $2,153,996
Other Expenses $742,556
TOTAL EXPENSES $2,420,739

Year-over-Year Comparison

2024 2023 Change
Revenue $2,431,676 $2,084,127 +0.2%
Expenses $2,420,739 $2,507,089 0.0%
Net Income $10,937 $-422,962 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
12
Employees
16
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$280,343
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS NELSON BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN KNAPP CHAIR 1.00
Officer Director
$0 $0 $0
JAVIER CEVALLOS BOARD MEMBER 1.00
Director
$0 $0 $0
MARK CHAMBERS BOARD MEMBER 1.00
Director
$0 $0 $0
MEGHAN CHAPPLE BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID FINEGOLD BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS CALDWELL BOARD MEMBER 1.00
Director
$0 $0 $0
RACHEL HODGDON VICE CHAIR 1.00
Officer Director
$0 $0 $0
JIA HU BOARD MEMBER 1.00
Director
$0 $0 $0
KARIN HILGERSOM BOARD MEMBER 1.00
Director
$0 $0 $0
NATHANIEL SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
TERRI TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
TIMOTHY CARTER CLERK 40.00
Officer
$252,262 $28,081 $280,343
MICHELE SOCKNAT SENIOR DIRECTOR OF PROGRAM 40.00
Highest
$125,681 $5,971 $131,652
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,431,676 $2,420,739 $2,117,153 $10,937
2024 $2,084,127 $2,507,089 $2,081,616 $-422,962
2023 $2,378,252 $2,118,313 $2,541,422 $259,939
2022 $2,856,613 $1,941,233 $2,432,991 $915,380
2021 $1,998,496 $1,588,367 $1,509,863 $410,129
2020 $2,025,182 $1,816,316 $984,442 $208,866
2019 $1,738,268 $1,771,892 $638,818 $-33,624
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