SECOND CHANCE PET ADOPTIONS INC (EIN 561671883) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

Nick Costa

Phone

9198518404

Tax Period

2023-07-01 to 2024-06-30

SECOND CHANCE PET ADOPTIONS INC, founded in 1989, is a community nonprofit in the Animal-Related sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 109% from the prior year, signaling strong growth momentum. The organization ran a surplus of $681K, a strong 38% operating margin.

Mission

To champion homeless cats and dogs who are healthy or treatable in the quest to find their forever home and engage with our community to provide responsible pet ownership reducing future generations of homeless animals.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,616,170

Program Service Revenue $76,170

Investment Income $71,393

Other Revenue $42,568

TOTAL REVENUE $1,806,301

Expense Breakdown

Grants Paid $100,128

Salaries & Benefits $458,195

Fundraising Expenses $149,616

Program Expenses $943,466

Other Expenses $567,119

TOTAL EXPENSES $1,125,442

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,806,301	$862,928	+1.1%
Expenses	$1,125,442	$932,254	+0.2%
Net Income	$680,859	$-69,326	-10.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

450

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
Shelby Hunt	Board Member	8	Director	$0	$0	$0
Liese Zweigart	Board Member	3	Director	$0	$0	$0
Ryan Villager	Board Member	2	Director	$0	$0	$0
Brittany Schott	Board Member	20	Director	$0	$0	$0
Bill Foley	Board Member	12	Director	$0	$0	$0
Andrew Sylvester	Board Member	2	Director	$0	$0	$0
Nick Costa	Vice President	9	Officer	$0	$0	$0
David Holmes	Treasurer	12	Officer	$0	$0	$0
David Ballesteros	President	23	Officer	$0	$0	$0
Connor Fraley	Secretary	2	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
2025	No data	No data	No data	No data
2024	$1,806,301	$1,125,442	$2,243,309	$680,859
2023	$862,928	$932,254	$1,623,764	$-69,326
2022	$873,665	$813,947	$1,712,409	$59,718
2021	$1,529,465	$716,809	$1,397,236	$812,656

SECOND CHANCE PET ADOPTIONS INC