SECOND HOUSE COLLABORATIVE

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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

2023

Legal Domicile

Principal Officer

MEG MIKOLAJCZYK

Phone

4022530500

Tax Period

2024-01-01 to 2024-12-31

SECOND HOUSE COLLABORATIVE, founded in 2023, is a community nonprofit in the Civil Rights & Advocacy sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 517% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 6% surplus.

Mission

TO ENGAGE IN ACTIVITIES THAT PROMOTE SOCIAL WELFARE INCLUDING BUT NOT LIMITED TO DIRECT DEMOCRACY ACTIONS AND GRASSROOTS CAMPAIGNS.

Program Service Accomplishments

Program 1

Expenses: $1,612,791

SECOND HOUSE COLLABORATIVE WORKS TO PROMOTE THE SOCIAL WELFARE THROUGH DIRECT DEMOCRACY AND GRASSROOTS ORGANIZING CAMPAIGNS ACROSS NEBRASKA. IN 2024, EFFORTS FOCUSED ON SUPPORTING PUBLIC SCHOOL...

SECOND HOUSE COLLABORATIVE WORKS TO PROMOTE THE SOCIAL WELFARE THROUGH DIRECT DEMOCRACY AND GRASSROOTS ORGANIZING CAMPAIGNS ACROSS NEBRASKA. IN 2024, EFFORTS FOCUSED ON SUPPORTING PUBLIC SCHOOL FUNDING, PAID SICK LEAVE FOR NEBRASKA WORKERS, AND ENSHRINING ABORTION RIGHTS INTO THE NEBRASKA CONSTITUTION. THIS WORK WAS ADVANCED VIA PHONE BANKING, TEXTING, COALITION FACILITATION, SIGNATURE COLLECTION AND QUALITY CONTROL, AND BROADER PUBLIC EDUCATION CAMPAIGNS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,748,938

Program Service Revenue $0

Investment Income $6,166

Other Revenue $0

TOTAL REVENUE $1,755,104

Expense Breakdown

Grants Paid $208,890

Salaries & Benefits $182,701

Fundraising Expenses $0

Program Expenses $1,612,791

Other Expenses $1,250,327

TOTAL EXPENSES $1,641,918

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,755,104	$284,581	+5.2%
Expenses	$1,641,918	$159,660	+9.3%
Net Income	$113,186	$124,921	-0.1%

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

N/A

Volunteers

N/A

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
NIC SWIERCEK	PRESIDENT	1.00	Officer Director	$0	$0	$0
VALERIA RODRIGUEZ	SECRETARY	1.00	Officer Director	$0	$0	$0
CHELSEA JOHNSON	TREASURER	1.00	Officer Director	$0	$0	$0
LINA TRANSLAVINA STOVER	DIRECTOR	1.00	Director	$0	$0	$0
GAVIN GEIS	DIRECTOR	1.00	Director	$0	$0	$0
SHELLEY MANN	DIRECTOR	1.00	Director	$0	$0	$0
MEG MIKOLAJCZYK	EXECUTIVE DIRECTOR	10.00	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
2024	$1,755,104	$1,641,918	$317,932	$113,186
2023	$284,581	$159,660	$124,921	$124,921