SECOND STREET & HOPE INC (EIN 331027333) - 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

2002

Legal Domicile

Principal Officer

FRANK CLEMENTS

Phone

3016201001

Tax Period

2021-10-01 to 2022-09-30

SECOND STREET & HOPE INC, founded in 2002, is a small nonprofit in the Mental Health sector that reported $117K in total revenue in fiscal year 2021. Expenses of $111K left a modest 4% surplus.

Mission

TO ALLEVIATE THE PAIN OF PERSONAL POVERTY THROUGH EMERGENCY PROVISION, AND ELIMINATE THE PROBLEM OF PERSISTENT POVERTY THROUGH PERSONAL MENTORING AND EDUCATION.

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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 (2021)

Revenue Breakdown

Contributions & Grants $8,410

Program Service Revenue $0

Investment Income $108,110

Other Revenue $0

TOTAL REVENUE $116,520

Expense Breakdown

Grants Paid $45,796

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $89,394

Other Expenses $65,519

TOTAL EXPENSES $111,315

Year-over-Year Comparison

	2021	2020	Change
Revenue	$116,520	$107,951	+0.1%
Expenses	$111,315	$79,567	+0.4%
Net Income	$5,205	$28,384	-0.8%

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

N/A

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
FRANK CLEMENTS	PRESIDENT	2.00	Officer Director	$0	$0	$0
PATRICK O'TOOLE	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JAMIE EATON	SECRETARY/ E	11.00	Officer Director	$0	$0	$0
KEN SWITZER	TREASURER	2.00	Officer Director	$0	$0	$0
SUSAN SCARVALONE	DIRECTOR	1.00	Director	$0	$0	$0
BILL JAMES	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
2022	$116,520	$111,315	$1,907,721	$5,205
2021	$107,951	$79,567	$2,408,585	$28,384
2020	$102,755	$91,137	$2,023,850	$11,618
2019	$104,673	$31,973	$1,970,411	$72,700
2018	$99,990	$56,309	$1,926,391	$43,681

SECOND STREET & HOPE INC