Overview
What is Second Family Inc?
Second Family Inc, based in Landover, Maryland, is a nonprofit organization dedicated to the residential care of medically fragile and technology-dependent children. For the past 20 years, the organization, which is the largest provider of community residential care for such children in Maryland, has enabled these children to live, be educated, and be integrated into their communities, thereby reducing the financial burden on federal, state, and local governments. Second Family, Inc.'s mission is to sponsor, facilitate, and provide for the residential care needs of these children, either directly or indirectly. The organization, with a team of 222 employees, strives to promote their well-being outside of long-term institutions.
Official website here: www.2ndfamilyinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Second Family Inc has achieved an impressive 96% score from Charity Navigator, which reflects its strong performance in accountability and finance. This high rating indicates that the organization maintains a solid financial foundation and adheres to rigorous standards of transparency and governance, contributing to its trustworthiness as a nonprofit.
The organization is noted for its fully independent board, which comprises eight members, showcasing its commitment to impartial oversight. Additionally, Second Family Inc has robust policies in place, including conflict of interest and whistleblower policies, demonstrating a commitment to ethical practices. Its financial health is evidenced by a low liabilities to assets ratio and a high program expense ratio, ensuring that a significant portion of its funds is directed toward its mission.
While the data does not highlight any specific limitations or concerns, the absence of negative feedback or financial issues further supports the nonprofit's reputation as a reliable and effective organization. Overall, Second Family Inc stands out for its exemplary management and commitment to its beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Second Family Inc legitimate?
Second Family Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Second Family Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,100,556
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,777,957
For more financial information, click here
Official website here: www.2ndfamilyinc.org
What is the mission statement of Second Family Inc?
Second Family Inc is dedicated to providing, sponsoring, and facilitating the residential care of medically fragile and technology-dependent children. This mission complements the initiatives and goals of federal, state, and local government agencies, aiming to lessen their burdens. For the past 20 years, Second Family Inc has enabled these children to live, learn, play, and be integrated into the community rather than relying on long-term institutions. By doing so, the organization significantly reduces financial burdens on various levels of government. Second Family Inc is the largest provider of community residential care for medically fragile children in Maryland, enabling these children to thrive in their communities and lead fulfilling lives.
Official website here: www.2ndfamilyinc.org
Who is the CEO of Second Family Inc?
Joseph Labule is the Board Chair of Second Family Inc.
Official website here: www.2ndfamilyinc.org
What is the revenue of Second Family Inc?
Second Family Inc's revenue in 2022 was $18,134,907.
Official website here: www.2ndfamilyinc.org
Who are the executives of Second Family Inc and what are their salaries?
The average compensation at Second Family Inc during 2022 was $39,993. There are 222 employees at Second Family Inc.
Here are 16 key members and their salaries:
- Compensation: $0
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- Other: $0
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- Compensation: $451,783
- Related: $0
- Other: $33,580
- Compensation: $460,273
- Related: $0
- Other: $34,185
- Compensation: $100,621
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- Other: $20,114
- Compensation: $249,924
- Related: $0
- Other: $31,692
- Compensation: $189,983
- Related: $0
- Other: $20,066
- Compensation: $201,608
- Related: $0
- Other: $19,553
- Compensation: $124,543
- Related: $0
- Other: $30,786
- Compensation: $113,558
- Related: $0
- Other: $9,185
- Compensation: $103,517
- Related: $0
- Other: $15,128
- Compensation: $109,992
- Related: $0
- Other: $19,747
- Compensation: $101,921
- Related: $0
- Other: $9,131
Official website here: www.2ndfamilyinc.org
Where can I find the form 990 for Second Family Inc?
Second Family Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.2ndfamilyinc.org
Learn more at the official website: www.2ndfamilyinc.org
Mission Statement of Second Family Inc
Second Family Inc, a leading nonprofit organization, is dedicated to promoting, sponsoring, facilitating, and providing for the residential care of medically fragile, technology-dependent children. The mission of this esteemed institution is to enable these children to live, be educated, play, and be integrated into the community, thereby lessening the financial burden on federal, state, and local governments.
For the past two decades, Second Family Inc has been a beacon of hope for medically fragile and technology-dependent children in the state of MD. As the largest provider of community residential care for such children, it has provided an alternative to long-term institutions, offering these children the opportunity to live and thrive in their communities. By offering residential care, Second Family Inc empowers these children to pursue their education, engage in recreational activities, and form meaningful relationships, all while receiving the necessary medical care and support.
Second Family Inc complements the efforts of federal, state, and local government agencies and instrumentalities by reducing their burdens and supporting the residential care of medically fragile, technology-dependent children. Through its unwavering commitment to this cause, it has allowed these children to live fulfilling lives and contribute to their communities, rather than being confined to institutional care.
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Impact
October, 2024
Second Family Inc significantly impacts the community by providing essential residential care for medically fragile, technology-dependent children. By enabling these children to receive care within a supportive community environment, the organization helps families avoid long-term institutionalization, thereby fostering a more inclusive atmosphere for both the children and their families.
Over the past two decades, Second Family has become the largest provider of community residential care for this vulnerable population in Maryland. This focus on community integration allows children not only to receive the specialized medical attention they require but also to engage in educational and recreational activities, promoting socialization and a sense of belonging.
Furthermore, Second Family's efforts alleviate the financial strains on federal, state, and local governments by reducing the need for more costly institutional care. By complementing existing government programs and initiatives, the organization enhances the overall support system for these children, ensuring their unique needs are met while contributing to the community's well-being. In summary, Second Family Inc plays a crucial role in transforming the lives of medically fragile children and their families by promoting care that is compassionate, community-focused, and integrated.
This information is meant to be a general summary of Second Family Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $224
- Program Service Revenue: $1,789,746
- Gross Receipts: $18,134,907
Assets and Liabilities:
- Total Assets: $9,255,740
- Total Liabilities: $1,901,480
- Net Assets: $7,354,260
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANCILLARY SERVICES
Revenue
$1,789,746
Organization Details
Founding Year
1998
Phone
(301) 925-9271Principal Officer
Joseph Labule
Main Address
337 BRIGHTSEAT ROAD 111, LANDOVER, MD, 20785
Website
www.2ndfamilyinc.orgNTEE Category
Code: P700 - Human services
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