Second Family Foundation Inc

Organization Overview

Second Family Foundation Inc is located in Chapel Hill, NC. The organization was established in 2007. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Second Family Foundation 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 12/2022, Second Family Foundation Inc generated $223.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $314.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

TRANSPORTATION RESOURCES AND SUPPORT VIA ORANGE COUNTY DSS WERE PROVIDED TO 40+ PROGRAM YOUTH OVER THE COURSE OF 2022. THIS SERVICE AND PROGRAM AFFORDED YOUTH THE MOBILITY TO ATTEND EMPLOYMENT (SFWORKS) PROGRAMS AS WELL AS OTHER SELF-DEVELOPMENT WORK SUCH AS TUTORING AND SPECIALIZED EDUCATIONAL NEEDS. JOB COACHING AND SUPPORT IS ALSO PROVIDED DURING THE TRANSPORTATION TIMES.


SFWORKS - YOUTH EMPLOYMENT PROGRAM THAT CONNECTS YOUTH WHO ARE EXPERIENCING RISK TO THEIR FIRST JOB, AS WELL AS, REFERENCE BUILDING EXPERIENCES AND RELATIONSHIPS.


ACADEMIC TUTORING/SUPPORT AND INCENTIVE PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Mike Miles
President/treasurer
$0
Elston Miles
Vice President/secretary
$0
Wendy Miles Baer
Director
$0
Alexandra Miles Skove
Director
$0
Andrea Alden Miles
Director
$0
Edward William Miles
Director
$27,035

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $221,580
Net Rental Income$0
Net Gain on Sale of Assets $1,220
Capital Gain Net Income $1,220
Net ST Capital Gain $1,220
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,127
Total Revenue $223,927

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