Second Look Project
EIN: 851006333 · Washington, DC · NTEE: I80
| Metric | Value |
|---|---|
| Total Revenue | $810K |
| Total Expenses | $988K |
| Net Assets | $235K |
Is Second Look Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Second Look Project
Second Look Project (EIN: 851006333) is a nonprofit organization based in Washington, DC, classified under NTEE code I80. The organization reported total revenue of $810K and total assets of $492K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Second Look Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Second Look Project is a small nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 137.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $988K |
| Surplus / Deficit | +$72K |
| Total Assets | $432K |
| Total Liabilities | $197K |
| Net Assets | $235K |
| Operating Margin | 6.8% |
| Debt-to-Asset Ratio | 45.5% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2023, Second Look Project reported a surplus of $72K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 45.5% (moderate leverage).
Financial Trends
Over 4 years of filings (2020–2023), Second Look Project's revenue has grown at a compound annual growth rate (CAGR) of 137.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.8% | +27.6% | -13.9% |
| 2022 | +39.0% | +88.7% | +175.1% |
| 2021 | +603.3% | +655.0% | +227.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Second Look Project has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Second Look Project with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $72K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.5%.
Frequently Asked Questions about Second Look Project
Is Second Look Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Second Look Project (EIN: 851006333) insufficient data. 0 red flags identified, 0 strengths noted.
How does Second Look Project spend its money?
Detailed spending breakdown data is not yet available for Second Look Project. Check back for updated IRS 990 analysis.
Are donations to Second Look Project tax-deductible?
Second Look Project is registered as a tax-exempt nonprofit (EIN: 851006333). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Second Look Project located?
Second Look Project is headquartered in Washington, Washington DC and files with the IRS under EIN 851006333. It is classified under NTEE code I80.
How many years of IRS 990 filings does Second Look Project have?
Second Look Project has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $810K in total revenue.
Filing History
IRS 990 filing history for Second Look Project showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Second Look Project's revenue has grown by 1247%, moving from $79K to $1.1M. Total assets increased by 674.5% over the same period, from $56K to $432K. Total functional expenses rose by 1718.1%, from $54K to $988K. In its most recent filing year (2023), Second Look Project reported a surplus of $72K, with revenue exceeding expenses. The organization holds $197K in liabilities against $432K in assets (debt-to-asset ratio: 45.5%), resulting in net assets of $235K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $988K | $432K | $197K | — | — |
| 2022 | $770K | $775K | $502K | $339K | — | View 990 |
| 2021 | $554K | $410K | $182K | $15K | — | View 990 |
| 2020 | $79K | $54K | $56K | $31K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $988K, and assets of $432K (revenue +37.8% year-over-year).
- 2022: Revenue of $770K, expenses of $775K, and assets of $502K (revenue +39.0% year-over-year).
- 2021: Revenue of $554K, expenses of $410K, and assets of $182K (revenue +603.3% year-over-year).
- 2020: Revenue of $79K, expenses of $54K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Second Look Project:
Data Sources and Methodology
This transparency report for Second Look Project 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.