2ND CHANCE 4 LIFE RESCUE (EIN 320320314) - Form 990 Financial Analysis & Trantor Score

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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

2010

Legal Domicile

Principal Officer

LYNN LEACH

Phone

7175758704

Tax Period

2024-01-01 to 2024-12-31

2ND CHANCE 4 LIFE RESCUE, founded in 2010, is a small nonprofit in the Animal-Related sector that reported $317K in total revenue in fiscal year 2024. The organization ran a surplus of $62K, a strong 20% operating margin.

Mission

TO PROVIDE HOMELESS AND ABANDONED DOGS AND CATS WITH A SECOND CHANCE AND A BRIGHTER FUTURE

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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 $235,263

Program Service Revenue $2,050

Investment Income $76

Other Revenue $79,432

TOTAL REVENUE $316,821

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,645

Program Expenses $213,856

Other Expenses $254,879

TOTAL EXPENSES $254,879

Year-over-Year Comparison

	2024	2023	Change
Revenue	$316,821	$330,556	0.0%
Expenses	$254,879	$192,743	+0.3%
Net Income	$61,942	$137,813	-0.6%

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

N/A

Volunteers

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
LYNN LEACH	EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$0
MIKE REIF	PRESIDENT	1.00	Officer	$0	$0	$0
TARA MORRIS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
HEATHER SUGDEN	TREASURER	1.00	Officer	$0	$0	$0
KATE NEARY	SECRETARY	2.00	Officer	$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
2024	$316,821	$254,879	$472,300	$61,942
2023	$330,556	$192,743	$410,358	$137,813
2022	$222,674	$172,224	$272,545	$50,450
2021	$208,879	$173,743	$222,095	$35,136
2020	$204,937	$159,773	$194,510	$45,164
2019	$201,307	$167,259	$141,796	$34,048

2ND CHANCE 4 LIFE RESCUE