SECOND HELPING INC

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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

BLAIR BAKER

Phone

8668486437

Tax Period

2024-01-01 to 2024-12-31

SECOND HELPING INC, founded in 2023, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $3.1M in total revenue in fiscal year 2024.

Mission

HELP OUR NEIGHBORS THRIVE BY AVAILING NUTRITIOUS FOOD AND REDUCE THE CHALLENGES AND BURDENS IMPOSED BY HUNGER AND FOOD INSECURITY.

Program Service Accomplishments

Program 1

Expenses: $3,058,829

SECOND HELPING, INC. COLLECTED AND DISTRIBUTED SURPLUS FOOD TO REDUCE HUNGER AND FOOD INSECURITY, PRIMARILY IN MID-MICHIGAN. WE DISTRIBUTED IN EXCESS OF 1.23 MILLION POUNDS OF FOOD, IMPACTING...

SECOND HELPING, INC. COLLECTED AND DISTRIBUTED SURPLUS FOOD TO REDUCE HUNGER AND FOOD INSECURITY, PRIMARILY IN MID-MICHIGAN. WE DISTRIBUTED IN EXCESS OF 1.23 MILLION POUNDS OF FOOD, IMPACTING THOUSANDS OF UNIQUE HOUSEHOLDS AND INDIVIDUALS. WE ALSO LAUNCHED A NATIONWIDE PROGRAM TO MEASURE AND QUANTIFY HUNGER AND FOOD INSECURITY, CULMINATING IN OPPORTUNITIES TO EXPAND OUR IMPACT NATIONWIDE.

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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 $3,065,711

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,065,711

Expense Breakdown

Grants Paid $3,004,115

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,058,829

Other Expenses $59,234

TOTAL EXPENSES $3,063,349

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,065,711	N/A	N/A
Expenses	$3,063,349	N/A	N/A
Net Income	$2,362	$0	N/A

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

1240

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
DR PETR JOHANES	DIRECTOR	1.00	Director	$0	$0	$0
UDAY GUPTA	SECRETARY	1.00	Officer Director	$0	$0	$0
BLAIR BAKER	PRESIDENT	55.00	Officer 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	$3,065,711	$3,063,349	$2,362	$2,362