Second Mile Corporation
Nonprofit profile at a glance
- EIN
- 621854539
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Hendersonville, TN, USA
- Phone
- 8887629673
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Religious Media, Communications
- Affiliation
- Christianity
Reported finances
- Revenue
- $832,717
- Expenses
- $765,700
- Assets
- $107,722
- Liabilities
- $40,848
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- DR JIMMY SITES (PRESIDENT)
People named in this filing
- BRANDON CHESBO (DIRECTOR)
- GREG COLE (TREASURER)
- BETH ANN FOX (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to create and develop television, video, and print media that will appeal to non-christians in such a way that it will draw their attention to the good news of jesus christ and cause them to want to have a relationship with him.
What it reported doing in 2024
Create and develop biblical teaching resources for churches and individual christians to use in reaching out to non-christians.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 99% 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 93
- Accountability: 64
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.8%; rating input score 91
- Program expense ratio: 98.8%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 8%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.14; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0.38; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 13.7% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 4% per year; rating input score 100; 37th percentile among comparable filings
- Asset growth: 2.5% per year; rating input score 100; 27th percentile among comparable filings
Details
- Where the money goes: 90.8% of revenue deployed · 98.8% of spending went to programs
- Governance: 7 of 7 board members independent · 1 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $757K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 4 filed schedules · includes grants
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Accountability: Governance controls: 5 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.