L โ€” Housing & ShelterEIN: 841848246ยท Ruling Year: 2019

Second Heart Homes Inc

Bradenton, Florida

AHealth Score
89A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

๐Ÿ’ฐ
$1.9M
Total Revenue
๐Ÿ“Š
$864K
Total Expenses
๐Ÿฆ
$2.7M
Net Assets
๐Ÿ“‹
$476K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+43.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+54.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.15
Net assets divided by total expenses
Liabilities-to-Assets
14.9%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$1,893,085โ†‘43%$863,929โ†‘39%$3,196,630โ†‘46%
2022$1,321,310โ†‘14%$619,430โ†‘86%$2,193,628โ†‘29%
2021$1,159,715โ†‘267%$333,245โ†‘81%$1,699,598โ†‘176%
2020$315,883โ†‘3163%$184,528โ†‘20495%$614,893โ†‘4220%
2019$9,680$896$14,234

Frequently Asked Questions

What does Second Heart Homes Inc do?โ–ผ

Second Heart Homes Inc is a housing & shelter nonprofit organization based in Florida. It is classified under NTEE code L40 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Second Heart Homes Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Second Heart Homes Inc has a score of 89/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Second Heart Homes Inc generate?โ–ผ

Second Heart Homes Inc reports $3.0M in annual revenue and holds $4.8M in total assets, based on IRS filings.

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Second Heart Homes Inc โ€” Bradenton, FL | GiveScope