Second Journey Inc
Nonprofit profile at a glance
- EIN
- 562194868
- IRS 990-EZ coverage
- 2010–2015
- Forms available
- Form 990-EZ 2015, Form 990-N 2015
- Location
- Chapel Hill, NC, USA
- Phone
- 9194021814
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Senior Centers
Reported finances
- Revenue
- $4,509
- Expenses
- $4,448
- Assets
- $172
- Liabilities
- $3,408
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Bolton Anthony (Exec Director/CEO)
- Alex Mawhinney (President)
People named in this filing
- Bolton Anthony (Exec Director/CEO)
- Lisa Anthony (Secretary)
- Alex Mawhinney (President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Education ~ To foster the emerging movement of individuals, organizations, and communities committed to creating a new vision of aging, new models of community for the second half of life, and a just and sustainable world now and for future generations
What it reported doing in 2015
Publications, General/Other: (1) AGING IN COMMUNITY by Janice Blanchard (2) JOURNEYS INWARD, JOURNEYS OUTWARD by Penelope Bourk; (3) SECOND JOURNEYS by Bolton Anthony; (4) Three books by John Sullivan; (5) THE SPIRITUALITY OF AGING (Series); (6) REIMAGINING YOUR NEIGHBORHOOD by Bolton Anthony
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 100
- Sustainability: 25
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.6%; rating input score 99
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 1.4%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 19.81; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 51.7%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: -1.1% per year; rating input score 0; 47th percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: -9.4% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 98.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $4K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 6 filing years from 2010 to 2015
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- Moderate — Sustainability: Operating margin scored 48/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.