THESECONDOPINION (EIN 941696341) - 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

1974

Legal Domicile

Principal Officer

Dr Robert Ignoffo

Phone

4157759956

Tax Period

2025-01-01 to 2025-12-31

THESECONDOPINION, founded in 1974, is a small nonprofit that reported $340K in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year. Expenses of $412K exceeded revenue, resulting in a 21% operating deficit.

Mission

The organization provides free, comprehensive second opinions to adults in California diagnosed with cancer.

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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 (2025)

Revenue Breakdown

Contributions & Grants $391,631

Program Service Revenue $0

Investment Income $45

Other Revenue $-51,301

TOTAL REVENUE $340,375

Expense Breakdown

Grants Paid $0

Salaries & Benefits $257,668

Fundraising Expenses $3,847

Program Expenses $328,442

Other Expenses $154,646

TOTAL EXPENSES $412,314

Year-over-Year Comparison

	2025	2024	Change
Revenue	$340,375	$401,814	-0.2%
Expenses	$412,314	$396,333	+0.0%
Net Income	$-71,939	$5,481	-14.1%

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

N/A

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

Total Directors

$41,496

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cheri Livingston	Managing Director	40.00		$100,000	$0	$100,000
Dr Howard Kleckner	Med. Director	15.00	Director	$41,496	$0	$41,496
Alice LaRocca	Secretary	0.30	Officer Director	$0	$0	$0
Larry Marks	Board Member	0.30	Director	$0	$0	$0
Kathleen Meeker	Interim Preside	0.30	Officer Director	$0	$0	$0
William Wara	Med. Director	0.30	Director	$0	$0	$0
Edward Tredinnick	Board Member	0.30	Director	$0	$0	$0
Linus So	Treasurer	0.30	Director	$0	$0	$0
Ravi Arora	Med. Director	0.30	Director	$0	$0	$0
Mike Cunningham	Treasurer	1.00	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
2025	$340,375	$412,314	$446,385	$-71,939
2024	$401,814	$396,333	$517,324	$5,481
2023	$415,069	$378,818	$511,944	$36,251
2022	$320,545	$378,554	$475,693	$-58,009
2021	$360,926	$360,553	$536,701	$373
2020	$420,774	$304,513	$576,799	$116,261
2019	$387,022	$406,985	$469,766	$-19,963
2018	$544,865	$366,268	$537,122	$178,597

THESECONDOPINION