The Second Half Lifelong Learning Institute Inc

Nonprofit profile at a glance

EIN
364765103
IRS 990-EZ coverage
2016–2023
Forms available
Form 990-EZ 2023
Location
Fall River, MA, USA
Phone
5086774694
Rating
34
Verdict
REVIEW
Rating confidence
Moderate
Sector
Senior Centers

Reported finances

Revenue
$78,716
Expenses
$90,723
Assets
$41,591
Liabilities
$2,317

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • EILEEN SORRENTINO (PRESIDENT)
  • SHEILA KOOT (VICE PRESIDENT)

People named in this filing

  • RUSS CAREY (CHAIR, FUNDRAISING)
  • EILEEN SORRENTINO (PRESIDENT)
  • SHEILA KOOT (VICE 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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Community based membership self governing whose programs provide intellectual stimulation social interaction

What it reported doing in 2023

Study group sessions and classes in various subjects and alsoproviding social events and trips to expand theknowledge of adults. Over 300 people have benefited from their services

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 24
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -15.3%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 58.3%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -12.8% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -9.1% per year; rating input score 0; 27th percentile among comparable filings
  • Asset growth: -8.6% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2016 to 2023
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.