P — Human ServicesEIN: 522104091· Ruling Year: 1998

Second Family Inc

Lanham, Maryland

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.46×
Peer Median7.39×
💰
$27.4M
Total Revenue
📊
$23.8M
Total Expenses
🏦
$11.0M
Net Assets
📋
$3.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+51.1%
Year-over-year change (2022 → 2023)
Net Margin
+13.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.46
Net assets divided by total expenses
Liabilities-to-Assets
21.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$27,409,559↑51%$23,765,573↑50%$14,043,077↑52%
2022$18,134,907↓2%$15,833,225↓10%$9,255,740↑11%
2021$18,458,422↑9%$17,539,334↑30%$8,336,293↑7%
2020$16,917,702↑66%$13,526,939↑31%$7,795,450↑190%
2019$10,164,701↑5%$10,338,515↑5%$2,688,814↑17%
2018$9,712,688↑14%$9,891,876↑19%$2,307,302↓8%
2017$8,485,772↑11%$8,335,639↑10%$2,496,637↑18%
2016$7,671,393↓8%$7,591,162↓11%$2,107,336↑3%
2015$8,383,279↑19%$8,545,281↑18%$2,038,797↓9%
2014$7,069,832↓19%$7,247,832↓17%$2,235,860↓11%
2013$8,718,442↑4%$8,774,660↑13%$2,503,432↓5%
2012$8,418,628↑41%$7,771,949↑36%$2,643,552↑39%
2011$5,952,015$5,728,414$1,903,939

Frequently Asked Questions

What does Second Family Inc do?▼

Second Family Inc is a human services nonprofit organization based in Maryland. It is classified under NTEE code P700 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Second Family Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Second Family Inc has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Second Family Inc generate?▼

Second Family Inc reports $36.6M in annual revenue and holds $21.5M in total assets, based on IRS filings.

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