Civic Intelligence

Second Nature Inc.

990 • Fiscal year 2015 • EIN 04-3195772

Jul 01, 2014 to Jun 30, 2015 • Filed on May 13, 2016

18 Tremont Street Suite 930Boston, MA 02108

(617) 722-0036

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.58x

Higher debt load relative to assets than 81% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.20x

Higher debt load relative to revenue than 62% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

14th percentile

-20%

Higher net margin than 14% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

77th percentile

$120,451

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

3rd percentile

-36%

Faster asset growth than 3% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

64th percentile

9.9%

Faster revenue growth than 64% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$563,201

Down $313,122 (-36%) from 2014

Net Assets

Down

$235,386

Down $336,563 (-59%) from 2014

Liabilities

Up

$327,815

Up $23,441 (+7.7%) from 2014

Revenue

Up

$1,672,875

Up $151,226 (+9.9%) from 2014

Expenses

Up

$2,009,438

Up $153,369 (+8.3%) from 2014

Net Income

Down

-$336,563

Down $2,143 (-0.6%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $1,032,669Liabilities 2010: $282,357Net Assets 2010: $750,3122010Assets 2011: $922,983Liabilities 2011: $311,450Net Assets 2011: $611,5332011Assets 2012: $826,536Liabilities 2012: $256,718Net Assets 2012: $569,8182012Assets 2013: $1,017,538Liabilities 2013: $111,169Net Assets 2013: $906,3692013Assets 2014: $876,323Liabilities 2014: $304,374Net Assets 2014: $571,9492014Assets 2015: $563,201Liabilities 2015: $327,815Net Assets 2015: $235,3862015Assets 2016: $1,268,454Liabilities 2016: $1,184,635Net Assets 2016: $83,8192016Assets 2017: $504,458Liabilities 2017: $161,183Net Assets 2017: $343,2752017Assets 2018: $696,009Liabilities 2018: $121,809Net Assets 2018: $574,2002018Assets 2019: $638,818Liabilities 2019: $98,242Net Assets 2019: $540,5762019Assets 2020: $984,442Liabilities 2020: $235,000Net Assets 2020: $749,4422020Assets 2021: $1,509,863Liabilities 2021: $350,292Net Assets 2021: $1,159,5712021Assets 2022: $2,432,991Liabilities 2022: $358,040Net Assets 2022: $2,074,9512022Assets 2023: $2,541,422Liabilities 2023: $206,532Net Assets 2023: $2,334,8902023Assets 2024: $2,081,616Liabilities 2024: $169,688Net Assets 2024: $1,911,9282024Assets 2025: $2,117,153Liabilities 2025: $194,288Net Assets 2025: $1,922,8652025

Highlighted filing

2015

Assets$563,201
Liabilities$327,815
Net Assets$235,386

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,179,2382010Revenue 2011: $729,930Expenses 2011: $868,709Net Income 2011: -$138,7792011Expenses 2012: $1,918,2532012Revenue 2013: $2,334,195Expenses 2013: $1,997,644Net Income 2013: $336,5512013Revenue 2014: $1,521,649Expenses 2014: $1,856,069Net Income 2014: -$334,4202014Revenue 2015: $1,672,875Expenses 2015: $2,009,438Net Income 2015: -$336,5632015Revenue 2016: $1,512,416Expenses 2016: $1,663,983Net Income 2016: -$151,5672016Revenue 2017: $1,922,102Expenses 2017: $1,662,646Net Income 2017: $259,4562017Revenue 2018: $1,922,173Expenses 2018: $1,691,248Net Income 2018: $230,9252018Revenue 2019: $1,738,268Expenses 2019: $1,771,892Net Income 2019: -$33,6242019Revenue 2020: $2,025,182Expenses 2020: $1,816,316Net Income 2020: $208,8662020Revenue 2021: $1,998,496Expenses 2021: $1,588,367Net Income 2021: $410,1292021Revenue 2022: $2,856,613Expenses 2022: $1,941,233Net Income 2022: $915,3802022Revenue 2023: $2,378,252Expenses 2023: $2,118,313Net Income 2023: $259,9392023Revenue 2024: $2,084,127Expenses 2024: $2,507,089Net Income 2024: -$422,9622024Revenue 2025: $2,431,676Expenses 2025: $2,420,739Net Income 2025: $10,9372025

Highlighted filing

2015

Revenue$1,672,875
Expenses$2,009,438
Net Income-$336,563
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 13, 2016
Return Version
2014v6.0
Gross Receipts
$1,688,650
Mission and Program Overview

Mission

Second nature's mission is to accelerate climate action in, and through, higher education.

Second nature's mission is to accelerate movement toward a sustainable future by serving and supporting senior college and university leaders in making healthy, just, and sustainable living the foundation of all learning and practice in higher education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$382,197$343,700▼ $38,497
Cash and Non-Interest-Bearing Accounts$331,113$94,238▼ $236,875
Accounts Receivable$52,057$65,600▲ $13,543
Pledges and Grants Receivable$67,500$50,000▼ $17,500
Land, Buildings, and Equipment, Net$7,282$7,333▲ $51
Prepaid Expenses and Deferred Charges$36,174$2,330▼ $33,844
Total Assets$876,323$563,201▼ $313,122
Liabilities
Accounts Payable and Accrued Expenses$199,170$300,803▲ $101,633
Deferred Revenue$70,896--
Other Liabilities$34,308$27,012▼ $7,296
Total Liabilities$304,374$327,815▲ $23,441
Net Assets / Fund Balance
Unrestricted Net Assets$336,770$231,351▼ $105,419
Temporarily Rstr Net Assets$235,179$4,035▼ $231,144
Total Net Assets Fund Balance$571,949$235,386▼ $336,563
Total Liabilities and Net Assets / Fund Balance$876,323$563,201▼ $313,122

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,333$70,030$77,363
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David HalesPresidentFT$120,084$367$120,451
Timothy CarterPresidentFT$50,732$14,398$65,130
David N MartinClerk&treasuPT$52,000-$52,000

Board Members and Trustees

NameTitle
Christine NelsonDirector
Edward JohnsonDirector
James L BuizerDirector
Judith RamaleyDirector
Kent AnsonDirector
Larry EisenbergDirector
Laurie FlowerDirector
Richard CookDirector
Wim WiewelDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
James ElderEnv. Consulting14 JERSEY LANE, Manchester, MA 01944$112,500
Revenue and Support

Revenue Composition

Contributions and Grants
$1,497,401
Program Service Revenue
$174,551
Investment Income
$635
Other Revenue
$288
All Other Contributions
$294,626
Change in Net Assets
$-336,563

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,672,875
Total Revenue per Audited Statements
$1,672,875
Total Revenue per Form 990
$1,672,875
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,110,901
Salaries, Compensation, and Employee Benefits$898,537
Total Fundraising Expense$69,234
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$697,054$16,107-$713,161
Other Salaries and Wages$484,238$13,735$27,582$525,555
Occupancy$113,139$23,833$14,871$151,843
Conferences and Meetings$127,190--$127,190
Comp Disqual Persons$60,226$50,188$10,037$120,451
Current Officers, Directors, Trustees, and Key Employees$48,848$61,770$6,512$117,130
Other Employee Benefits$55,775$6,125$3,515$65,415
Payroll Taxes$46,671$5,725$3,414$55,810
Office Expenses$36,435$16,222$2,043$54,700
Travel$45,286--$45,286
Pension Plan Contributions$12,254$1,234$688$14,176
Fees for Services Accounting-$9,343-$9,343
Insurance$4,733$581$346$5,660
Depreciation Depletion$3,110$382$226$3,718
Total Functional Expenses$1,734,959$205,245$69,234$2,009,438

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,009,438
Total Expenses per Audited Statements$2,009,438
Total Expenses per Form 990$2,009,438
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
David N MartinSee Suppl. Info-No$52,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Rent$27,012
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board is notified that the 990 is ready for review and has secured internet access to the draft filing prior to the final approval of the 990.

Form 990, Page 6, Part VI, Line 12C

Annually at a board meeting the members sign a conflict of interest policy.

Form 990, Page 6, Part VI, Line 15A

The executive committee of the board, in approving the annual budget of the organization, approves the salary for the president.

Form 990, Page 6, Part VI, Line 15B

The president is responsible for approving compensation for other officers and key employees. A review of comparative salaries in the industry is part of the process for determining compensation.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Second Nature Inc
EIN
04-3195772
Phone
6177220036
Address
18 TREMONT STREET SUITE 930, BOSTON, MA 02108

Signing Officer

Name
Timothy Carter
Title
President
Phone
6177220036
Signed
2016-05-13

Organization Details

Principal Officer
Timothy Carter
Formed
1993
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
11
Employees
18

Preparer

Firm
Stanton & Co
Address
300 WILDWOOD AVE STE 250, WOBURN, MA 01801-6801
Preparer
Sondi B Stanton
Phone
7819331744
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Second nature's mission is to accelerate movement toward a sustainable future by serving and supporting senior college and university leaders in making healthy, just, and sustainable living the foundation of all learning and practice in higher education.

Form 990, Part IX, Line 11G

Consulting fees 697,054 16,107 0

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IRS990/PensionPlanContributionsGrp/FundraisingAmt0688
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01234
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IRS990/PYSalariesCompEmpBnftPaidAmt0820686
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IRS990/PYTotalRevenueAmt01521649
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02235635
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01706401
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02298494
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09234978
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt016410
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01049
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01111
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07333
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt070030
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt077363
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027012
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED RENT
IRS990ScheduleD/RevenueSubtotalAmt01672875
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07333
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IRS990ScheduleD/TotalLiabilityAmt027012
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt0367
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAVID HALES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0120451
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0DAVID N MARTIN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SEE SUPPL. INFO
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt052000
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0(A) NAME OF PERSON: DAVID N. MARTIN (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: MR. MARTIN IS THE TREASURER OF THE ORGANIZATION. (C) AMOUNT OF TRANSACTION: 52,000 (D) DESCRIPTION OF TRANSACTION: MR. MARTIN WAS PAID 52,000 (2,000 BI- WEEKLY) TO PERFORM ACCOUNTING SERVICES FOR THE ORGANIZATION (E) SHARING OF ORGANIZATION REVENUES? = NO
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SECOND NATURE'S MISSION IS TO ACCELERATE MOVEMENT TOWARD A SUSTAINABLE FUTURE BY SERVING AND SUPPORTING SENIOR COLLEGE AND UNIVERSITY LEADERS IN MAKING HEALTHY, JUST, AND SUSTAINABLE LIVING THE FOUNDATION OF ALL LEARNING AND PRACTICE IN HIGHER EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD IS NOTIFIED THAT THE 990 IS READY FOR REVIEW AND HAS SECURED INTERNET ACCESS TO THE DRAFT FILING PRIOR TO THE FINAL APPROVAL OF THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY AT A BOARD MEETING THE MEMBERS SIGN A CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE COMMITTEE OF THE BOARD, IN APPROVING THE ANNUAL BUDGET OF THE ORGANIZATION, APPROVES THE SALARY FOR THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PRESIDENT IS RESPONSIBLE FOR APPROVING COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES. A REVIEW OF COMPARATIVE SALARIES IN THE INDUSTRY IS PART OF THE PROCESS FOR DETERMINING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSULTING FEES 697,054 16,107 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt0563201
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01497401
IRS990/TotalEmployeeCnt018

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.12$0.19$1.92$2.43$2.42$0.01
2024Detailed filing. Detailed filing data is available for this year.$2.08$0.17$1.91$2.08$2.51$0.42
2023Detailed filing. Detailed filing data is available for this year.$2.54$0.21$2.33$2.38$2.12$0.26
2022Detailed filing. Detailed filing data is available for this year.$2.43$0.36$2.07$2.86$1.94$0.92
2021Detailed filing. Detailed filing data is available for this year.$1.51$0.35$1.16$2.00$1.59$0.41
2020Detailed filing. Detailed filing data is available for this year.$0.98$0.24$0.75$2.03$1.82$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.64$0.10$0.54$1.74$1.77$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.70$0.12$0.57$1.92$1.69$0.23
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.16$0.34$1.92$1.66$0.26
2016Detailed filing. Detailed filing data is available for this year.$1.27$1.18$0.08$1.51$1.66$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.33$0.24$1.67$2.01$0.34
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.30$0.57$1.52$1.86$0.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.11$0.91$2.33$2.00$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.26$0.57$1.92
2011Summary only. Only limited summary data is available for this year.$0.92$0.31$0.61$0.73$0.87$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.28$0.75$2.18