Civic Intelligence

Second Stork

990 • Fiscal year 2023 • EIN 26-4699129

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 02, 2024

130 Eva StreetSaint Paul, MN 55107

(651) 272-0356

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$282,503

Down $1,805 (-0.6%) from 2022

Net Assets

Down

$281,885

Down $2,314 (-0.8%) from 2022

Liabilities

Up

$618

Up $509 (+467%) from 2022

Revenue And Expenses

Revenue

Up

$270,328

Up $38,026 (+16%) from 2022

Expenses

Up

$272,642

Up $46,650 (+21%) from 2022

Net Income

Down

-$2,314

Down $8,624 (-137%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2016: $78,463Liabilities 2016: $3,209Net Assets 2016: $75,2542016Assets 2017: $89,204Liabilities 2017: $4,358Net Assets 2017: $84,8462017Assets 2019: $99,182Liabilities 2019: $4,744Net Assets 2019: $94,4382019Assets 2020: $282,566Liabilities 2020: $8,077Net Assets 2020: $274,4892020Assets 2021: $277,889Liabilities 2021: $0Net Assets 2021: $277,8892021Assets 2022: $284,308Liabilities 2022: $109Net Assets 2022: $284,1992022Assets 2023: $282,503Liabilities 2023: $618Net Assets 2023: $281,8852023Assets 2024: $315,261Liabilities 2024: $3,353Net Assets 2024: $311,9082024Assets 2025: $508,528Liabilities 2025: $1,553Net Assets 2025: $506,9752025

Highlighted filing

2023

Assets$282,503
Liabilities$618
Net Assets$281,885

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $76,620Expenses 2016: $42,764Net Income 2016: $33,8562016Revenue 2017: $79,910Expenses 2017: $70,318Net Income 2017: $9,5922017Revenue 2019: $80,863Expenses 2019: $60,084Net Income 2019: $20,7792019Revenue 2020: $244,445Expenses 2020: $213,660Net Income 2020: $30,7852020Revenue 2021: $200,382Expenses 2021: $196,982Net Income 2021: $3,4002021Revenue 2022: $232,302Expenses 2022: $225,992Net Income 2022: $6,3102022Revenue 2023: $270,328Expenses 2023: $272,642Net Income 2023: -$2,3142023Revenue 2024: $337,429Expenses 2024: $307,406Net Income 2024: $30,0232024Revenue 2025: $431,631Expenses 2025: $236,564Net Income 2025: $195,0672025

Highlighted filing

2023

Revenue$270,328
Expenses$272,642
Net Income-$2,314
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 2, 2024
Return Version
2022v5.0
Gross Receipts
$273,242
Mission and Program Overview

Mission

Second stork provides immediate access to critical care items for newborns in need by working through staff in minnesota hospitals.

Second stork provides immediate access to essential newborn care items for new parents in need by working through staff in minnesota hospitals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$252,167-
Inventories for Sale or Use$34,449--
Cash and Non-Interest-Bearing Accounts$249,859$29,398▼ $220,461
Total Assets$284,308$282,503▼ $1,805
Other Assets Total-$938-
Liabilities
Accounts Payable and Accrued Expenses$109$618▲ $509
Total Liabilities$109$618▲ $509
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$284,199$281,885▼ $2,314
Total Net Assets Fund Balance$284,199$281,885▼ $2,314
Total Liabilities and Net Assets / Fund Balance$284,308$282,503▼ $1,805
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$252,759
Program Service Revenue
$0
Investment Income
$2,178
Other Revenue
$15,391
All Other Contributions
$252,759
Change in Net Assets
$-2,314

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$77,734Fair Market Value
Total Noncash Contributions$77,734-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$242,710
Salaries, Compensation, and Employee Benefits$29,932
Total Fundraising Expense$6,699
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,750$11,000$2,750$27,500
Occupancy$6,998--$6,998
Fees for Services Legal-$6,255-$6,255
Office Expenses$926$3,654$1,388$5,968
Insurance-$3,631-$3,631
Other Expenses$3,180$247$2,222$2,469
Payroll Taxes$1,216$973$243$2,432
All Other Expenses-$1,645-$1,645
Information Technology$480$384$96$960
Total Functional Expenses$238,154$27,789$6,699$272,642
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,305
Fundraising Direct Expenses$2,914
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Event$18,305$18,305$2,914$15,391
Total Events$18,305$18,305$2,914$15,391
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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

Governance Explanations

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

A copy of the draft form 990 is provided to all members o the board of directors prior to finalizing for approval. A final copy of the 990 is provided to all members of the board of directors.

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

The board request an annual disclosure statement which the board will review. Reported conflicts reviewed by the board will be documented in the board meeting minutes and contain the name of the person with a disclosed interest, the nature of the interest, and what action was taken to determine whether an actual conflict existed. The policy will be reviewed periodically by te second stork board and updated policies will be communicated as needed.

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

The ed search committee consulted with nonprofit leadership llc to facilitate the ed search and hiring process. Nonprofit leadership llc provided general market ranges, which the board compared with similar job postings. The board voted on the fianl salary and benefits package.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Second Stork
EIN
26-4699129
Phone
6512720356
Address
130 EVA STREET, SAINT PAUL, MN 55107

Signing Officer

Name
Sharyl Kaufmann
Title
Chair
Phone
6512720356
Signed
2024-04-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sharyl Kaufmann
Formed
2009
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
750

Preparer

Firm
Altruic Advisors Cpas
Address
417 FOREST AVENUE, PLYMOUTH, MI 48170
Preparer
Ryan N Hagan CPA
Phone
8882985297
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Founded in 2009, second stork is non-religious and non-partisan in its mission. Second stork is guided by industry experts in newborn healthcare, and is always working in ways to respect the dignity of the families served. Each year, thousands of new parents across mn,sd,ia and wi are stretched to bring their newborn home from the hospital with even the most basic supplies such as a safe place to sleep, diapers, wet wipes, clothing, and other essential items. Thousands of families across mn,sd,ia and wi were helped in fy2022-2023. In fy2022-2023, second stork partnered with nearly 115 hospitals to assist parents in need by providing essential items to over 2,750 families. With the help of donors and volunteers, second stork provided over 275,000 diapers, over 500 play yards, and over 1000 clothing/blanket packages to these families. Second stork operates with no religious nor political affiliations and specifically works to respect the dignity of people in need.

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IRS990ScheduleA/OtherIncome509Grp/TotalAmt01689
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt082429
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0886266
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02914
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IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FOUNDED IN 2009, SECOND STORK IS NON-RELIGIOUS AND NON-PARTISAN IN ITS MISSION. SECOND STORK IS GUIDED BY INDUSTRY EXPERTS IN NEWBORN HEALTHCARE, AND IS ALWAYS WORKING IN WAYS TO RESPECT THE DIGNITY OF THE FAMILIES SERVED. EACH YEAR, THOUSANDS OF NEW PARENTS ACROSS MN,SD,IA AND WI ARE STRETCHED TO BRING THEIR NEWBORN HOME FROM THE HOSPITAL WITH EVEN THE MOST BASIC SUPPLIES SUCH AS A SAFE PLACE TO SLEEP, DIAPERS, WET WIPES, CLOTHING, AND OTHER ESSENTIAL ITEMS. THOUSANDS OF FAMILIES ACROSS MN,SD,IA AND WI WERE HELPED IN FY2022-2023. IN FY2022-2023, SECOND STORK PARTNERED WITH NEARLY 115 HOSPITALS TO ASSIST PARENTS IN NEED BY PROVIDING ESSENTIAL ITEMS TO OVER 2,750 FAMILIES. WITH THE HELP OF DONORS AND VOLUNTEERS, SECOND STORK PROVIDED OVER 275,000 DIAPERS, OVER 500 PLAY YARDS, AND OVER 1000 CLOTHING/BLANKET PACKAGES TO THESE FAMILIES. SECOND STORK OPERATES WITH NO RELIGIOUS NOR POLITICAL AFFILIATIONS AND SPECIFICALLY WORKS TO RESPECT THE DIGNITY OF PEOPLE IN NEED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE DRAFT FORM 990 IS PROVIDED TO ALL MEMBERS O THE BOARD OF DIRECTORS PRIOR TO FINALIZING FOR APPROVAL. A FINAL COPY OF THE 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REQUEST AN ANNUAL DISCLOSURE STATEMENT WHICH THE BOARD WILL REVIEW. REPORTED CONFLICTS REVIEWED BY THE BOARD WILL BE DOCUMENTED IN THE BOARD MEETING MINUTES AND CONTAIN THE NAME OF THE PERSON WITH A DISCLOSED INTEREST, THE NATURE OF THE INTEREST, AND WHAT ACTION WAS TAKEN TO DETERMINE WHETHER AN ACTUAL CONFLICT EXISTED. THE POLICY WILL BE REVIEWED PERIODICALLY BY TE SECOND STORK BOARD AND UPDATED POLICIES WILL BE COMMUNICATED AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ED SEARCH COMMITTEE CONSULTED WITH NONPROFIT LEADERSHIP LLC TO FACILITATE THE ED SEARCH AND HIRING PROCESS. NONPROFIT LEADERSHIP LLC PROVIDED GENERAL MARKET RANGES, WHICH THE BOARD COMPARED WITH SIMILAR JOB POSTINGS. THE BOARD VOTED ON THE FIANL SALARY AND BENEFITS PACKAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
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 19
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0270328
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IRS990/USAddress/CityNm0SAINT PAUL
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IRS990/VotingMembersIndependentCnt011
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IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHARYL KAUFMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum06512720356
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SECOND STORK
ReturnHeader/Filer/BusinessNameControlTxt0SECO
ReturnHeader/Filer/EIN0264699129

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