SECOND CHANCE OF NORTHWEST FLORIDA INC (EIN 593094842) - 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

1992

Legal Domicile

Phone

8507697779

Tax Period

2024-01-01 to 2024-12-31

SECOND CHANCE OF NORTHWEST FLORIDA INC, founded in 1992, is a small nonprofit in the Health Care sector that reported $132K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $113K left a modest 14% surplus.

Mission

TO RESTORE HOPE AND DIGNITY AND AFFECT POSITIVELY THE QUALITY OF LIFE FOR BRAIN INJURY SURVIVORS AND THEIR FAMILIES, MINIMIZING THE EFFECTS AND ENABLING EACH TO FUNCTION AT THE HIGHEST LEVEL POSSIBLE, BOTH IN THE COMMUNITY AND IN THEIR PERSONAL LIVES

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $100,800

Program Service Revenue $0

Investment Income $73

Other Revenue $30,970

TOTAL REVENUE $131,843

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,508

Fundraising Expenses $7,135

Program Expenses $100,359

Other Expenses $80,354

TOTAL EXPENSES $112,862

Year-over-Year Comparison

	2024	2023	Change
Revenue	$131,843	$143,103	-0.1%
Expenses	$112,862	$147,069	-0.2%
Net Income	$18,981	$-3,966	-5.8%

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

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
SHERL MORDEN	HONORARY DIRECT	40.00	Officer Director	$0	$0	$0
ELLEN MILLER	EXEC Director	0.00	Director	$0	$0	$0
NITA FRENCH	Secretary	10.00	Officer Director	$0	$0	$0
PATRICIA VICARS	BOARD MEMBER	2.00	Director	$0	$0	$0
TAYLOR MEADOWS	BOARD MEMBER	0.00	Director	$0	$0	$0
RON SCHREFFLER	BOARD MEMBER	2.00	Director	$0	$0	$0
ROBERT DOYLE	BOARD MEMBER	10.00	Officer Director	$0	$0	$0
DEBORAH BROWN	BOARD MEMBER	0.00	Director	$0	$0	$0
LAURI BRITES	Chairman	5.00	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
2024	$131,843	$112,862	$98,579	$18,981
2023	$143,103	$147,069	$81,365	$-3,966
2022	$144,761	$169,268	$84,570	$-24,507
2021	$179,935	$165,956	$108,832	$13,979
2020	$138,652	$144,113	$94,992	$-5,461
2019	$168,391	$161,259	$100,185	$7,132
2018	$159,759	$168,675	$93,122	$-8,916

SECOND CHANCE OF NORTHWEST FLORIDA INC