SECOND CHANCE FOR HOMELESS PETS (EIN 870672107) - 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

2002

Legal Domicile

Principal Officer

Rhonda Greenhalgh

Phone

8015908999

Tax Period

2023-01-01 to 2023-12-31

SECOND CHANCE FOR HOMELESS PETS, founded in 2002, is a small nonprofit in the Animal-Related sector that reported $187K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $29K, a strong 16% operating margin.

Mission

To end the homelessness, abandonment and mistreatment of companion animals through adoption, sterilization (spay/neuter), accessibility to affordable veterinarian care and education.

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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 $98,206

Program Service Revenue $64,067

Investment Income $1,681

Other Revenue $22,907

TOTAL REVENUE $186,861

Expense Breakdown

Grants Paid $0

Salaries & Benefits $86,408

Fundraising Expenses $3,912

Program Expenses $132,731

Other Expenses $71,084

TOTAL EXPENSES $157,492

Year-over-Year Comparison

	2023	2022	Change
Revenue	$186,861	$158,150	+0.2%
Expenses	$157,492	$152,369	+0.0%
Net Income	$29,369	$5,781	+4.1%

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

$39,600

Total Directors

$39,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rhonda Greenhalgh	Executive Director	62	Officer Director	$39,600	$0	$39,600
Katherine Brown	Board of Directors - Vice President	2	Officer	$0	$0	$0
Jeffery Greenhalgh	Board of Directors - President	7	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	No data	No data	No data	No data
2023	$186,861	$157,492	$638,520	$29,369
2022	$158,150	$152,369	$609,006	$5,781
2021	$155,129	$136,656	$615,862	$18,473
2020	$138,909	$128,322	$597,671	$10,587

SECOND CHANCE FOR HOMELESS PETS