Second Breath Center
Second Breath Center shows strong asset growth and no reported officer compensation over five years.
EIN: 204996343 · Greensboro, NC · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $706K |
| Total Expenses | $536K |
| Program Spending | 80% |
| Net Assets | $772K |
| Transparency Score | 92/100 |
Is Second Breath Center Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Second Breath Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Second Breath Center
Second Breath Center (EIN: 204996343) is a nonprofit organization based in Greensboro, NC, classified under NTEE code X20. The organization reported total revenue of $706K and total assets of $943K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Second Breath Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Second Breath Center is a small nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 25.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $675K |
| Total Expenses | $536K |
| Surplus / Deficit | +$138K |
| Total Assets | $783K |
| Total Liabilities | $12K |
| Net Assets | $772K |
| Operating Margin | 20.5% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 17.5 months |
Financial Health Grade: A
In 2023, Second Breath Center reported a surplus of $138K with revenue exceeding expenses, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Second Breath Center's revenue has grown at a compound annual growth rate (CAGR) of 25.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.9% | -24.2% | +22.3% |
| 2022 | +68.8% | -1.7% | +325.3% |
| 2021 | +15.7% | +21.4% | -1.9% |
| 2020 | +129.0% | +258.7% | +29.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Second Breath Center with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Second Breath Center allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $138K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Executive Compensation Analysis
Second Breath Center has reported 0% officer compensation across all five available IRS 990 filings, which is exceptional for an organization of its size and revenue, indicating a strong commitment to directing funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Second Breath Center:
- Consistent revenue growth from $268,712 in 2019 to $706,274 currently.
- Significant asset growth from $118,501 in 2019 to $943,486 currently.
- 0% reported officer compensation across all five years, indicating high efficiency and mission focus.
- Expenses generally well below revenue, leading to consistent surpluses and asset accumulation.
- Low liabilities relative to assets, indicating strong financial stability.
Frequently Asked Questions about Second Breath Center
Is Second Breath Center a legitimate charity?
Second Breath Center (EIN: 204996343) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 92/100. It has 5 years of IRS 990 filings on record. Total revenue: $706K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Second Breath Center spend its money?
Second Breath Center directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Second Breath Center tax-deductible?
Second Breath Center is registered as a tax-exempt nonprofit (EIN: 204996343). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Second Breath Center's spending goes to programs?
Second Breath Center directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Second Breath Center compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Second Breath Center is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Second Breath Center located?
Second Breath Center is headquartered in Greensboro, North Carolina and files with the IRS under EIN 204996343. It is classified under NTEE code X20.
How many years of IRS 990 filings does Second Breath Center have?
Second Breath Center has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $706K in total revenue.
Is Second Breath Center a good charity?
Based on the provided financial data, Second Breath Center appears to be a very good charity. It demonstrates strong financial health, consistent growth, efficient spending, and exceptional transparency regarding executive compensation (0% reported).
How has Second Breath Center's financial health changed over time?
Second Breath Center has shown significant financial improvement and growth. Revenue increased from $268,712 in 2019 to $706,274 currently, and assets grew substantially from $118,501 to $943,486 over the same period, indicating robust financial health and stability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all five years of filings, suggesting that its leadership either serves on a volunteer basis or is compensated through other means not classified as officer compensation, which is a strong indicator of financial prudence and mission focus.
Filing History
IRS 990 filing history for Second Breath Center showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Second Breath Center's revenue has grown by 151%, moving from $269K to $675K. Total assets increased by 561% over the same period, from $119K to $783K. Total functional expenses rose by 224.5%, from $165K to $536K. In its most recent filing year (2023), Second Breath Center reported a surplus of $138K, with revenue exceeding expenses. The organization holds $12K in liabilities against $783K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $772K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $675K | $536K | $783K | $12K | — | View 990 |
| 2022 | $1.2M | $708K | $641K | $9K | — | View 990 |
| 2021 | $712K | $720K | $151K | $15K | — | View 990 |
| 2020 | $615K | $593K | $154K | $10K | — | View 990 |
| 2019 | $269K | $165K | $119K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $675K, expenses of $536K, and assets of $783K (revenue -43.9% year-over-year).
- 2022: Revenue of $1.2M, expenses of $708K, and assets of $641K (revenue +68.8% year-over-year).
- 2021: Revenue of $712K, expenses of $720K, and assets of $151K (revenue +15.7% year-over-year).
- 2020: Revenue of $615K, expenses of $593K, and assets of $154K (revenue +129.0% year-over-year).
- 2019: Revenue of $269K, expenses of $165K, and assets of $119K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Second Breath Center:
Data Sources and Methodology
This transparency report for Second Breath Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.