2ND VOTE INC (EIN 455061511) - 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

2012

Legal Domicile

Principal Officer

DR DAVID BLACK

Phone

6152640021

Tax Period

2023-01-01 to 2023-12-31

2ND VOTE INC, founded in 2012, is a small nonprofit that reported $236K in total revenue in fiscal year 2023. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $327K exceeded revenue, resulting in a 38% operating deficit.

Mission

PROVIDES A RESEARCH DATABASE THAT MONITORS AND SCORES THE IDEALOGICAL AND ISSUE-BASED ADVOCACY OF 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $279,477

Program Service Revenue $0

Investment Income $-43,438

Other Revenue $0

TOTAL REVENUE $236,039

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,341

Fundraising Expenses $15,091

Program Expenses $311,509

Other Expenses $268,259

TOTAL EXPENSES $326,600

Year-over-Year Comparison

	2023	2022	Change
Revenue	$236,039	$2,726,064	-0.9%
Expenses	$326,600	$950,589	-0.7%
Net Income	$-90,561	$1,775,475	-1.1%

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

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
DAVID BLACK	CHAIRMAN	1.00	Officer Director	$0	$0	$0
CALVIN BEISNER	DIRECTOR	0.00	Director	$0	$0	$0
GEORGE GRANT	DIRECTOR	0.00	Director	$0	$0	$0
JILL STOYSHICH	DIRECTOR	0.00	Director	$0	$0	$0
LANCE WRAY	SECRETARY	0.00	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
2023	$236,039	$326,600	No data	$-90,561
2022	$2,726,064	$950,589	$98,140	$1,775,475
2021	$354,974	$1,413,369	$101,224	$-1,058,395
2020	$97,527	$816,855	$61,102	$-719,328
2019	$743,783	$745,957	$89,294	$-2,174
2018	$890,654	$1,011,628	$102,923	$-120,974

2ND VOTE INC