Second Wind Foundation
Second Wind Foundation consistently operates with a surplus and reports no officer compensation.
EIN: 20451558 · White Riv Jct, VT · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $449K |
| Total Expenses | $402K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $450,000 |
| Net Assets | $799K |
| Transparency Score | 95/100 |
Is Second Wind Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Second Wind Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Second Wind Foundation
Second Wind Foundation (EIN: 20451558) is a nonprofit organization based in White Riv Jct, VT, classified under NTEE code P20. The organization reported total revenue of $449K and total assets of $939K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Second Wind Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Second Wind Foundation is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $449K |
| Total Expenses | $402K |
| Surplus / Deficit | +$46K |
| Total Assets | $939K |
| Total Liabilities | $140K |
| Net Assets | $799K |
| Operating Margin | 10.3% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 28.0 months |
Financial Health Grade: A
In 2024, Second Wind Foundation reported a surplus of $46K with revenue exceeding expenses, holds 28.0 months of operating reserves (strong position), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Second Wind Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -6.9% | -7.5% | +1.4% |
| 2023 | +7.5% | +3.5% | +0.5% |
| 2022 | +21.8% | +18.0% | -0.7% |
| 2021 | +6.4% | +4.9% | +5.0% |
| 2020 | +2.7% | +11.7% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Wind Foundation with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Second Wind Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with nearly $450,000 in annual revenue and suggests either a fully volunteer-led executive team or compensation structured in a way not reported as officer compensation on the 990, indicating a strong commitment to directing funds to programs.
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.
Red Flags
The following concerns were identified during AI analysis of Second Wind Foundation's IRS 990 filings:
- Lack of detailed information on executive compensation (reported as 0% across all filings, which is unusual for an organization of this size and could warrant further inquiry into how leadership is supported).
Strengths
The following positive indicators were identified for Second Wind Foundation:
- Consistent financial surplus, indicating sound financial management.
- Growing asset base, demonstrating long-term stability.
- 0% reported officer compensation across all filings, suggesting a strong commitment to program spending.
- Stable revenue generation over the past decade.
- Low liabilities relative to assets, indicating good financial health.
Frequently Asked Questions about Second Wind Foundation
Is Second Wind Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Second Wind Foundation (EIN: 20451558) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Second Wind Foundation spend its money?
Second Wind Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Second Wind Foundation tax-deductible?
Second Wind Foundation is registered as a tax-exempt nonprofit (EIN: 20451558). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Second Wind Foundation CEO make?
Second Wind Foundation's highest-compensated officer earns $450,000 annually. The organization reported $449K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Second Wind Foundation's spending goes to programs?
Second Wind Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Second Wind Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Second Wind Foundation is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Second Wind Foundation located?
Second Wind Foundation is headquartered in White Riv Jct, Vermont and files with the IRS under EIN 20451558. It is classified under NTEE code P20.
How many years of IRS 990 filings does Second Wind Foundation have?
Second Wind Foundation has 13 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 $449K in total revenue.
Is Second Wind Foundation a good charity?
Based on the provided data, Second Wind Foundation appears to be a very good charity. It consistently operates with a surplus, has growing assets, and reports 0% officer compensation, indicating a strong focus on its mission and efficient use of funds.
How has Second Wind Foundation's financial health changed over time?
Second Wind Foundation has shown consistent financial health over the past decade. Its assets have grown from $825,180 in 2015 to $939,050 in 2024, and revenue has generally increased, allowing it to consistently cover expenses and build reserves.
What is the organization's spending efficiency?
The organization demonstrates strong spending efficiency. In 2024, expenses were $402,165 against revenues of $448,585, meaning approximately 90% of revenue was spent on expenses, with a surplus generated. The 0% officer compensation further suggests high efficiency in directing funds to operations.
Filing History
IRS 990 filing history for Second Wind Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Second Wind Foundation's revenue has grown by 13.3%, moving from $396K to $449K. Total assets increased by 107.9% over the same period, from $452K to $939K. Total functional expenses rose by 36.4%, from $295K to $402K. In its most recent filing year (2024), Second Wind Foundation reported a surplus of $46K, with revenue exceeding expenses. The organization holds $140K in liabilities against $939K in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $799K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $449K | $402K | $939K | $140K | — | — |
| 2023 | $482K | $435K | $926K | $171K | — | View 990 |
| 2022 | $448K | $420K | $922K | $213K | — | View 990 |
| 2021 | $368K | $356K | $928K | $248K | — | View 990 |
| 2020 | $346K | $339K | $884K | $215K | — | View 990 |
| 2019 | $337K | $304K | $880K | $217K | — | View 990 |
| 2018 | $407K | $374K | $877K | $236K | — | View 990 |
| 2017 | $408K | $377K | $859K | $251K | — | View 990 |
| 2016 | $381K | $350K | $840K | $263K | — | View 990 |
| 2015 | $368K | $326K | $825K | $279K | — | View 990 |
| 2014 | $432K | $318K | $875K | $371K | — | View 990 |
| 2013 | $372K | $297K | $522K | $133K | — | View 990 |
| 2012 | $396K | $295K | $452K | $137K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $449K, expenses of $402K, and assets of $939K (revenue -6.9% year-over-year).
- 2023: Revenue of $482K, expenses of $435K, and assets of $926K (revenue +7.5% year-over-year).
- 2022: Revenue of $448K, expenses of $420K, and assets of $922K (revenue +21.8% year-over-year).
- 2021: Revenue of $368K, expenses of $356K, and assets of $928K (revenue +6.4% year-over-year).
- 2020: Revenue of $346K, expenses of $339K, and assets of $884K (revenue +2.7% year-over-year).
- 2019: Revenue of $337K, expenses of $304K, and assets of $880K (revenue -17.2% year-over-year).
- 2018: Revenue of $407K, expenses of $374K, and assets of $877K (revenue -0.3% year-over-year).
- 2017: Revenue of $408K, expenses of $377K, and assets of $859K (revenue +7.1% year-over-year).
- 2016: Revenue of $381K, expenses of $350K, and assets of $840K (revenue +3.5% year-over-year).
- 2015: Revenue of $368K, expenses of $326K, and assets of $825K (revenue -14.8% year-over-year).
- 2014: Revenue of $432K, expenses of $318K, and assets of $875K (revenue +16.2% year-over-year).
- 2013: Revenue of $372K, expenses of $297K, and assets of $522K (revenue -6.1% year-over-year).
- 2012: Revenue of $396K, expenses of $295K, and assets of $452K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Second Wind Foundation:
Data Sources and Methodology
This transparency report for Second Wind Foundation 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.