Overview
What is Second Mile Development Inc?
Second Mile Development Inc, based in Huntsville, Alabama, is a nonprofit organization committed to fostering reconciliation between individuals and their communities on both spiritual and social levels. By involving churches, agencies, families, and individuals, they strive for economic betterment, improved physical health, psychological well-being, and spiritual commitment. This is achieved through various programs, such as PRIDE for Parents, which provides families with necessary household items, clothing, and furniture at affordable costs. Additionally, they run the Kid Kit Program, offering discounted school supplies to 500 children, and the Santa's Secret Shoppe Program, enabling approximately 1,000 families to acquire Christmas gifts and other essential items. With a dedicated team of 52 individuals, Second Mile Development Inc serves as a beacon of support and community involvement.
Official website here: www.secondmile.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
Second Mile Development Inc has received a Two-Star rating from Charity Navigator, indicating that it needs improvement in certain areas. The overall score of 69% reflects strengths in governance, such as having a fully independent board and no material diversion of assets. The organization has a high program expense ratio of 93.28%, indicating that a significant portion of its expenditures is directed toward its programs.
However, the nonprofit has notable weaknesses in its accountability and financial transparency. The absence of financial statements is a significant concern, as it limits the ability of stakeholders to assess the organization's financial health. Additionally, Second Mile Development lacks key policies such as a conflict of interest policy, a whistleblower policy, and document retention and destruction protocols, which are important for good governance and accountability.
While Second Mile Development Inc shows promise in its programmatic focus and governance structure, the lack of essential financial documentation and policies may hinder its credibility and effectiveness. Addressing these limitations could enhance its rating and the trust of stakeholders in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Second Mile Development Inc legitimate?
Second Mile Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Second Mile Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $684,175
For more financial information, click here
Official website here: www.secondmile.net
What is the mission statement of Second Mile Development Inc?
Second Mile Development Inc's mission is centered around promoting reconciliation among people, both with God and among themselves, through Jesus Christ. The organization aims to involve churches, agencies, families, and individuals in collaborative efforts towards economic betterment, physical health, psychological well-being, and spiritual commitment. Their activities extend beyond this, also encompassing programs that offer opportunities for families to acquire essential items at discounted costs, such as clothing, household items, or furniture. The Kid Kit program provides school supplies at reduced prices for children, while Santa's Secret Shoppe allows families to purchase toys and other items for Christmas at an affordable rate.
Official website here: www.secondmile.net
What is the revenue of Second Mile Development Inc?
Second Mile Development Inc's revenue in 2023 was $1,251,661.
Official website here: www.secondmile.net
Who are the executives of Second Mile Development Inc and what are their salaries?
The average compensation at Second Mile Development Inc during 2023 was $14,873. There are 46 employees at Second Mile Development Inc.
Here are 11 key members and their salaries:
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Official website here: www.secondmile.net
Where can I find the form 990 for Second Mile Development Inc?
Second Mile Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.secondmile.net
Learn more at the official website: www.secondmile.net
Mission Statement of Second Mile Development Inc
Second Mile Development Inc, a nonprofit organization, is dedicated to fostering reconciliation between individuals and their communities, both spiritually and socially. The organization aims to involve churches, agencies, families, and individuals in collective efforts towards economic improvement, improved physical health, enhanced psychological well-being, and strengthened spiritual commitment.
In line with its mission, Second Mile Development Inc has initiated several programs designed to uplift families and communities. The Pride for Parents program, for instance, has provided an opportunity for over 4,000 families to acquire necessary household items, clothing, or furniture at discounted rates. Through its Kid Kit program, the organization has enabled 500 children to obtain school supplies at reduced costs for their parents. Moreover, the Santa's Secret Shoppe program has benefited approximately 1,000 families by providing them with toys and other items during the Christmas season.
By engaging various stakeholders and offering practical support, Second Mile Development Inc works towards promoting reconciliation and improving the overall well-being of individuals and communities. The organization's mission is not just about spiritual growth but also encompasses physical and economic betterment, emphasizing the interconnectedness of these aspects in the pursuit of a meaningful and fulfilling life.
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Impact
July, 2024
Second Mile Development Inc's impact is evident through their programs such as Pride for Parents, which has provided over 4,000 families with essential items like clothing, household goods, and furniture. Additionally, their Kid Kit program has supported 500 children with school supplies at a discounted cost, and the Santa's Secret Shoppe program has helped approximately 1,000 families acquire toys and other items for Christmas. These initiatives demonstrate a tangible commitment to improving the economic well-being and overall quality of life for individuals and families in Huntsville, AL.
This information is meant to be a general summary of Second Mile Development 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 2023.
- Investment Income: $65
- Program Service Revenue: $671,587
- Gross Receipts: $1,267,677
Assets and Liabilities:
- Total Assets: $1,426,208
- Total Liabilities: $335,013
- Net Assets: $1,091,195
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRIDE FOR PARENTS
Revenue
$594,533
PRESCHOOL
Revenue
$53,407
PARENT INITIATIVE
Revenue
$23,647
Organization Details
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