Second Stride Inc is located in Crestwood, KY. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Second Stride Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Second Stride Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Second Stride Inc generated $501.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $406.3k during the year ending 12/2021. While expenses have increased by 15.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES PROFESSIONAL REHABILITATION, RETRAINING, AND PLACEMENT OF RETIRED THOROUGHBRED RACEHORSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, 135 ADDITIONAL RETIRED RACEHORSES WERE BROUGHT INTO THE PROGRAM AND 143 HORSES WERE TRANSITIONED INTO TRAINING FOR A NEW JOB AND ADOPTED INTO NEW HOMES BY YEAR-END.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Forbes ESQ CPA Secretary | OfficerTrustee | 2 | $0 |
Glenn Curry EA Treasurer | OfficerTrustee | 3 | $0 |
Kimberly S Smith President | OfficerTrustee | 20 | $0 |
Dr Jeff Willard DVM Vice Chair | OfficerTrustee | 2 | $0 |
Gary Palmisano Jr Director | Trustee | $0 | |
Sean Beirne Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $66,349 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $339,395 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $405,744 |
Total Program Service Revenue | $106,890 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$11,215 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $501,419 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $28,493 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,232 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,515 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $60,225 |
Advertising and promotion | $17,106 |
Office expenses | $6,828 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $184,316 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,576 |
Insurance | $4,449 |
All other expenses | $23,052 |
Total functional expenses | $406,306 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $262,483 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $79,007 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $341,490 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $341,490 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $341,490 |
Over the last fiscal year, we have identified 7 grants that Second Stride Inc has recieved totaling $171,060.
Awarding Organization | Amount |
---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $98,872 |
American Society For The Prevention Of Cruelty To Animals New York, NY PURPOSE: SEE PART IV | $38,820 |
Austin Community Foundation Austin, TX PURPOSE: UNRESTRICTED | $20,000 |
Thoroughbred Charities Of America Inc Lexington, KY | | $10,500 |
W L Lyons Brown Foundation Louisville, KY PURPOSE: OPERATIONAL SUPPORT | $1,500 |
Scott C Savin Fam Charitable Tr Aventura, FL PURPOSE: CHARITABLE | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |