SECOND MILE MINISTRIES

EIN: 431523426 501(c)(3)

KANSAS CITY, MO

Total Revenue
$52,809
Total Expenses
$77,463
Total Assets
$93,753
Net Assets
$91,804
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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
1989
Legal Domicile
MO
Principal Officer
CHARLES M BOBBITT
Phone
8167439625
Tax Period
2020-01-01 to 2020-12-31

SECOND MILE MINISTRIES, founded in 1989, is a micro nonprofit that reported $53K in total revenue in fiscal year 2020. Revenue decreased 17% compared to the prior year. Expenses of $77K exceeded revenue, resulting in a 47% operating deficit.

Mission

SECOND MILE MINISTRIES IS DEDICATED TO HELPING URBAN YOUTH REACH THEIR HIGHEST POTENTIAL WITH A CHRISTIAN SPIRITUAL FOUNDATION OF FAITH IN CHRIST.

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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 (2020)

Revenue Breakdown

Contributions & Grants $52,809
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $52,809

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,094
Fundraising Expenses $2,572
Program Expenses $66,284
Other Expenses $53,369
TOTAL EXPENSES $77,463

Year-over-Year Comparison

2020 2019 Change
Revenue $52,809 $63,369 -0.2%
Expenses $77,463 $88,539 -0.1%
Net Income $-24,654 $-25,170 0.0%
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

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Governance

Voting Members
7
Independent Members
N/A
Employees
2
Volunteers
50

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
0
$0
Total Directors
2
$21,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES M BOBBITT EXECUTIVE DIRECTOR 40.00
Director
$2,600 $0 $2,600
WAYNE WILMETH ASSISTANT DIRECTOR 35.00
Director
$18,900 $0 $18,900
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
2020 $52,809 $77,463 $93,753 $-24,654
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