SECOND STORK

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

BRIAN MILLER

Phone

6512720356

Tax Period

2024-07-01 to 2025-06-30

SECOND STORK, founded in 2009, is a small nonprofit in the Human Services sector that reported $432K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $195K, a strong 45% operating margin.

Mission

SECOND STORK PROVIDES FAMILIES IN NEED WITH ESSENTIAL NEWBORN CARE ITEMS TO GIVE THEIR BABY A SAFE AND HEALTHY START.

Program Service Accomplishments

Program 1

Expenses: $200,348

FOUNDED IN 2009, SECOND STORK IS NON-RELIGIOUS AND NON-PARTISAN IN ITS MISSION. SECOND STORK IS GUIDED BY INDUSTRY EXPERTS IN NEWBORN HEALTHCARE, AND IS ALWAYS WORKING IN WAYS TO RESPECT THE DIGNITY OF THE FAMILIES SERVED. EACH YEAR, THOUSANDS OF NEW PARENTS ACROSS MN,SD,IA AND WI ARE STRETCHED TO BRING THEIR NEWBORN HOME FROM THE HOSPITAL WITH EVEN THE MOST BASIC SUPPLIES SUCH AS A SAFE PLACE TO SLEEP, DIAPERS, WET WIPES, CLOTHING, AND OTHER ESSENTIAL ITEMS. THOUSANDS OF FAMILIES ACROSS MN,SD,IA AND WI WERE HELPED IN FY 2024-2025. IN FY 2024-2025, SECOND STORK PARTNERED WITH NEARLY 112 HOSPITALS TO ASSIST PARENTS IN NEED BY PROVIDING ESSENTIAL ITEMS TO OVER 3,100 FAMILIES. WITH THE HELP OF DONORS AND VOLUNTEERS, SECOND STORK PROVIDED OVER 319,000 DIAPERS, OVER 580 PLAY YARDS, AND OVER 1,100 CLOTHING/BLANKET PACKAGES TO THESE FAMILIES. SECOND STORK OPERATES WITH NO RELIGIOUS NOR POLITICAL AFFILIATIONS AND SPECIFICALLY WORKS TO RESPECT THE DIGNITY OF PEOPLE IN NEED.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $367,360

Program Service Revenue $0

Investment Income $9,982

Other Revenue $54,289

TOTAL REVENUE $431,631

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,572

Program Expenses $200,348

Other Expenses $236,564

TOTAL EXPENSES $236,564

Year-over-Year Comparison

	2024	2023	Change
Revenue	$431,631	$337,429	+0.3%
Expenses	$236,564	$307,406	-0.2%
Net Income	$195,067	$30,023	+5.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

760

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL GLEASON	TREASURER	2.00	Officer Director	$0	$0	$0
BRIAN MILLER	CHAIR	4.00	Officer Director	$0	$0	$0
MARY ALICE NOEL	VICE CHAIR	2.00	Officer Director	$0	$0	$0
DEBORAH O'HALLORAN	VICE CHAIR	6.00	Officer Director	$0	$0	$0
SHARYL KAUFMANN	FORMER EXE D	5.00	Director	$0	$0	$0
LAURA BOLAND	SECRETARY	2.00	Officer Director	$0	$0	$0
JENNY DOLPHIN	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA MALONE	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW MICHALSKI	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL STOVER-HANEY	DIRECTOR	1.00	Director	$0	$0	$0
PENNY VAN HALE	DIRECTOR	1.00	Director	$0	$0	$0
LINDSAY ZIEZULEWICZ	DIRECTOR	1.00	Director	$0	$0	$0

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	$431,631	$236,564	$508,528	$195,067
2024	$337,429	$307,406	$315,261	$30,023
2023	$270,328	$272,642	$282,503	$-2,314
2022	$232,302	$225,992	$284,308	$6,310
2021	$200,382	$196,982	$277,889	$3,400
2020	$244,445	$213,660	$282,566	$30,785