SECOND CHANCE PETS

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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

1994

Legal Domicile

Principal Officer

Staci Griffin

Phone

2817964103

Tax Period

2020-01-01 to 2020-12-31

SECOND CHANCE PETS, founded in 1994, is a small nonprofit in the Animal-Related sector that reported $207K in total revenue in fiscal year 2020. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $49K, a strong 23% operating margin.

Mission

Rescue and adoption of unwanted or homeless cats and dogs

Program Service Accomplishments

Program 1

Expenses: $121,053 Revenue: $0

Rescue unwanted cats and dogs and facilitate their adoption into permanent homes. In 2020 homes were found for 291 pets.

Program 2

Expenses: $17,780 Revenue: $0

Help reduce unwanted animal population by spaying and neutering feral cats. In 2020 313 cats were spayed or neutered.

Program 3

Expenses: $8,935 Revenue: $0

Donate to help other rescue groups and individuals in severe financial need pay for pet medical care by making payments directly to the treating vet clinic, not the pet owner.

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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 (2020)

Revenue Breakdown

Contributions & Grants $170,071

Program Service Revenue $38,184

Investment Income $701

Other Revenue $-2,072

TOTAL REVENUE $206,884

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $147,768

Other Expenses $158,336

TOTAL EXPENSES $158,336

Year-over-Year Comparison

	2020	2019	Change
Revenue	$206,884	$178,095	+0.2%
Expenses	$158,336	$148,984	+0.1%
Net Income	$48,548	$29,111	+0.7%

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

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
Staci Griffin	President	20	Officer Director	$0	$0	$0
Jenny Culver	Board Member	20	Director	$0	$0	$0
Jane Ensor	Board Member	20	Director	$0	$0	$0
Lynn Irving	Board Member	20	Director	$0	$0	$0
Karen Ives	Board Member	20	Director	$0	$0	$0
Sara Ryan	Board Member	20	Director	$0	$0	$0
Trisha Stetzel	Board Member	20	Director	$0	$0	$0
Sara Tutt	Board Member	20	Director	$0	$0	$0
Anna Can	Board Member	20	Director	$0	$0	$0
Jamie Thibodeaux	Board Member	20	Director	$0	$0	$0
Dallas Ives	Treasurer	20	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
2020	$206,884	$158,336	$159,635	$48,548