Civic Intelligence

Second Stride Inc.

990 • Fiscal year 2015 • EIN 20-2947614

Jan 01, 2015 to Dec 31, 2015 • Filed on May 11, 2016

PO Box 1483Crestwood, KY 40014

(502) 241-8440

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

70th percentile

14%

Higher net margin than 70% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

69th percentile

16%

Faster asset growth than 69% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

43rd percentile

-2.7%

Faster revenue growth than 43% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$178,064

Up $25,059 (+16%) from 2014

Net Assets

Up

$178,064

Up $25,059 (+16%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$176,649

Down $4,961 (-2.7%) from 2014

Expenses

Up

$151,588

Up $8,079 (+5.6%) from 2014

Net Income

Down

$25,061

Down $13,040 (-34%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $65,254Liabilities 2011: $02011Assets 2012: $92,633Liabilities 2012: $02012Assets 2013: $114,925Liabilities 2013: $02013Assets 2014: $153,005Liabilities 2014: $0Net Assets 2014: $153,0052014Assets 2015: $178,064Liabilities 2015: $0Net Assets 2015: $178,0642015Assets 2016: $200,315Liabilities 2016: $0Net Assets 2016: $200,3152016Assets 2017: $182,288Liabilities 2017: $0Net Assets 2017: $182,2882017Assets 2018: $225,464Liabilities 2018: $0Net Assets 2018: $225,4642018Assets 2019: $243,093Liabilities 2019: $1,660Net Assets 2019: $241,4332019Assets 2020: $247,022Liabilities 2020: $0Net Assets 2020: $247,0222020Assets 2021: $341,490Liabilities 2021: $0Net Assets 2021: $341,4902021Assets 2022: $450,218Liabilities 2022: $4,997Net Assets 2022: $445,2212022Assets 2023: $364,513Liabilities 2023: $193Net Assets 2023: $364,3202023Assets 2024: $141,938Liabilities 2024: $53,351Net Assets 2024: $88,5872024

Highlighted filing

2015

Assets$178,064
Liabilities$0
Net Assets$178,064

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $81,293Expenses 2011: $59,296Net Income 2011: $21,9972011Revenue 2012: $121,231Expenses 2012: $93,852Net Income 2012: $27,3792012Revenue 2013: $128,413Expenses 2013: $106,121Net Income 2013: $22,2922013Revenue 2014: $181,610Expenses 2014: $143,509Net Income 2014: $38,1012014Revenue 2015: $176,649Expenses 2015: $151,588Net Income 2015: $25,0612015Revenue 2016: $240,481Expenses 2016: $219,514Net Income 2016: $20,9672016Revenue 2017: $237,454Expenses 2017: $254,791Net Income 2017: -$17,3372017Revenue 2018: $340,729Expenses 2018: $298,527Net Income 2018: $42,2022018Revenue 2019: $319,080Expenses 2019: $303,351Net Income 2019: $15,7292019Revenue 2020: $324,240Expenses 2020: $318,651Net Income 2020: $5,5892020Revenue 2021: $501,419Expenses 2021: $406,306Net Income 2021: $95,1132021Revenue 2022: $617,003Expenses 2022: $500,279Net Income 2022: $116,7242022Revenue 2023: $702,757Expenses 2023: $783,815Net Income 2023: -$81,0582023Revenue 2024: $735,698Expenses 2024: $1,011,431Net Income 2024: -$275,7332024

Highlighted filing

2015

Revenue$176,649
Expenses$151,588
Net Income$25,061
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 11, 2016
Return Version
2015v2.1
Gross Receipts
$180,215
Mission and Program Overview

Mission

We provide professional rehabilitation, retraining, and placement of retired thoroughbred racehorses with qualified adopters. We specialize in transitioning thoroughbreds with the proper care and quality training they need to succeed in something new.

Provides professional rehabilitation retraining, and placement of retired thoroughbred racehorses

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$64,397$95,388▲ $30,991
Land, Buildings, and Equipment, Net$85,817$79,885▼ $5,932
Investments in Publicly Traded Securities$2,791$2,791→ $0
Total Assets$153,005$178,064▲ $25,059
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$144,863$169,922▲ $25,059
Temporarily Rstr Net Assets$8,142$8,142→ $0
Total Net Assets Fund Balance$153,005$178,064▲ $25,059
Total Liabilities and Net Assets / Fund Balance$153,005$178,064▲ $25,059

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$76,055$30,898$106,953
Equipment$3,830$1,769$5,599
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kimberly S SmithPresident
Kathy StimVice President
Debbie IezziDirector
Sara DormanDirector
Paul RutherfordSecretary
Nicole FabryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$115,475
Program Service Revenue
$36,904
Investment Income
$0
Other Revenue
$24,270
All Other Contributions
$115,462
Change in Net Assets
$25,061
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$151,588
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$79,860$2,550$0$82,410
Fees for Services Other$8,330$7,151$0$15,481
Depreciation Depletion$6,375$0$0$6,375
All Other Expenses$3,242$3,119$0$6,361
Advertising$4,429$0$0$4,429
Office Expenses$0$3,590$0$3,590
Insurance$1,783$1,375$0$3,158
Other Expenses$780$0$0$780
Fees for Services Accounting$0$611$0$611
Total Functional Expenses$133,192$18,396$0$151,588
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$27,836
Fundraising Direct Expenses$3,566
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Molly Malones$15,148$15,148$3,566$11,582
Fall Fundraiser$10,791$10,791-$10,791
Total Events$25,939$25,939$3,566$22,373
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
-PresidentBoarding of HorsesNo$78,940
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Second Stride Inc
EIN
20-2947614
Phone
5022418440
Address
PO BOX 1483, CRESTWOOD, KY 40014

Signing Officer

Name
Kimberly S Smith
Title
President
Phone
5022418440
Signed
2016-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly S Smith
Formed
2005
Legal Domicile
Ky
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
20

Preparer

Firm
Curry Drake and Associates LLC
Address
12700 Townepark Way Danville Bldg, Louisville, KY 40243
Preparer
Glenn F Curry Ii Ea
Phone
5022546180
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

A draft of form 990 is provided to each board member for approval prior to filing.

Pt VI, Line 12C

A conflict of interest policy has been adopted by the non-profit organization. All conflicts are brought before the board, voted on, and documented in the board minutes.

Pt VI, Line 19

The organization's financial statements and governing documents are not required disclosures per irc section 6104;therefore, these documents are not available to the public at this time.

Form 990, Part IX, Line 24E

BANK FEES 66. 34. 32. 0.

Form 990, Part IX, Line 24E

Filing fees 15. 0. 15. 0.

Form 990, Part IX, Line 24E

Meeting expenses 155. 0. 155. 0.

Form 990, Part IX, Line 24E

Postage expense 183. 0. 183. 0.

Form 990, Part IX, Line 24E

Telephone expense 2734. 0. 2734. 0.

Form 990, Part IX, Line 24E

Equipment rental 1309. 1309. 0. 0.

Form 990, Part IX, Line 24E

Laundry expense 448. 448. 0. 0.

Form 990, Part IX, Line 24E

Transport expense 1451. 1451. 0. 0.

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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt03830
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01769
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05599
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt076055
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt030898
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0106953
IRS990ScheduleD/TotalBookValueLandBuildingsAmt079885
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03566
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MOLLY MALONES
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FALL FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015148
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt010791
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt025939
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015148
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010791
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt025939
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt022373
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03566
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03566
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0KIM SMITHMOSERWOOD FARMS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt078940
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0BOARDING OF HORSES
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF FORM 990 IS PROVIDED TO EACH BOARD MEMBER FOR APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A CONFLICT OF INTEREST POLICY HAS BEEN ADOPTED BY THE NON-PROFIT ORGANIZATION. ALL CONFLICTS ARE BROUGHT BEFORE THE BOARD, VOTED ON, AND DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE NOT REQUIRED DISCLOSURES PER IRC SECTION 6104;THEREFORE, THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK FEES 66. 34. 32. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FILING FEES 15. 0. 15. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEETING EXPENSES 155. 0. 155. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6POSTAGE EXPENSE 183. 0. 183. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TELEPHONE EXPENSE 2734. 0. 2734. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8EQUIPMENT RENTAL 1309. 1309. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9LAUNDRY EXPENSE 448. 448. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10TRANSPORT EXPENSE 1451. 1451. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt08142
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt08142
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0153005
IRS990/TotalAssetsEOYAmt0178064
IRS990/TotalAssetsGrp/BOYAmt0153005
IRS990/TotalAssetsGrp/EOYAmt0178064
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0115475
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018396
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0133192
IRS990/TotalFunctionalExpensesGrp/TotalAmt0151588
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0153005
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0178064
IRS990/TotalProgramServiceExpensesAmt0133192
IRS990/TotalProgramServiceRevenueAmt036904
IRS990/TotalRevenueGrp/ExclusionAmt024270
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt036904
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0176649
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0153005
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0178064
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0144863
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0169922
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1483
IRS990/USAddress/CityNm0CRESTWOOD
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040014
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.SECONDSTRIDE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KIMBERLY S SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05022418440
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SECOND STRIDE INC
ReturnHeader/Filer/BusinessNameControlTxt0SECO
ReturnHeader/Filer/EIN0202947614
ReturnHeader/Filer/PhoneNum05022418440
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1483
ReturnHeader/Filer/USAddress/CityNm0CRESTWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040014
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Curry Drake and Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012700 Townepark Way Danville Bldg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Louisville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040243
ReturnHeader/PreparerPersonGrp/PhoneNum05022546180
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-11

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.05$0.09$0.74$1.01$0.28
2023Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$0.70$0.78$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.62$0.50$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.50$0.41$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.32$0.32$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.32$0.30$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.34$0.30$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.24$0.25$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.24$0.22$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.18$0.15$0.03
2014Summary only. Only limited summary data is available for this year.$0.15$0.00$0.15$0.18$0.14$0.04
2013Summary only. Only limited summary data is available for this year.$0.11$0.00$0.13$0.11$0.02
2012Summary only. Only limited summary data is available for this year.$0.09$0.00$0.12$0.09$0.03
2011Summary only. Only limited summary data is available for this year.$0.07$0.00$0.08$0.06$0.02