SECOND NURTURE

EIN: 810898315 501(c)(3) Human Services

Glastonbury, CT

Total Revenue
$380,391
Total Expenses
$380,945
Total Assets
$95,465
Net Assets
$95,465
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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
2016
Legal Domicile
CT
Principal Officer
Susan Silverman
Phone
4152541141
Tax Period
2024-01-01 to 2024-12-31

SECOND NURTURE, founded in 2016, is a small nonprofit in the Human Services sector that reported $380K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

Second Nurture is a second home for foster families, creating circles of compassion and support so families feel a sense of belonging, resilience, and the resources to thrive. We seek to transform the experience of fostering from one of isolation to one of belonging and shared responsibility, where fostering becomes a communal norm. Our model offers foster families a Community-Based Cohort embedded in Host Communities-faith institutions and other affinity-based organizations-providing holistic, volunteer-led, and professional support.

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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 (2024)

Revenue Breakdown

Contributions & Grants $379,521
Program Service Revenue $0
Investment Income $0
Other Revenue $870
TOTAL REVENUE $380,391

Expense Breakdown

Grants Paid $0
Salaries & Benefits $275,200
Fundraising Expenses $83,997
Program Expenses $217,703
Other Expenses $105,745
TOTAL EXPENSES $380,945

Year-over-Year Comparison

2024 2023 Change
Revenue $380,391 $323,725 +0.2%
Expenses $380,945 $438,595 -0.1%
Net Income $-554 $-114,870 -1.0%
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
10
Independent Members
9
Employees
6
Volunteers
75

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
5
$139,293
Total Directors
9
$92,443
Key Employees
4
$241,975
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Susan Silverman Executive Director & Trustee 40
Officer Director Key Emp Highest
$92,443 $0 $92,443
Samara Hutman Affiliate Director 40
Key Emp
$73,930 $0 $73,930
Jennifer Moran COO 20.00
Officer Key Emp
$46,850 $0 $46,850
Beth McCullough Affiliate Coordinator 15
Key Emp
$28,752 $0 $28,752
April Dinwoodie Trustee 0.5
Director
$0 $0 $0
Tiffany Haddish Trustee 0.5
Director
$0 $0 $0
Josh Zweiback Trustee 0.5
Director
$0 $0 $0
Denene Millner Trustee 0.5
Director
$0 $0 $0
Peter Mutabazi Trustee 0.5
Director
$0 $0 $0
Michael McCullough Co-Treasurer & Trustee 1
Officer Director
$0 $0 $0
Janet Iacobuzio Trustee 0.5
Director
$0 $0 $0
Colin Walters Co-Treasurer, Trustee 1
Officer Director
$0 $0 $0
Danny Stewart Trustee 1
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
2024 $380,391 $380,945 $95,465 $-554
2023 $323,725 $438,595 $96,019 $-114,870
2022 $371,616 $372,807 $210,889 $-1,191
2021 $271,787 $410,836 $212,070 $-139,049
2020 $346,861 $293,135 $351,119 $53,726
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