Second Sense
- Assets
- $980.7k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 8
- Location
- Chicago, IL
- Founding
- 02/1950
- Data as of
- 06/2023
- EIN
- 36-2229565
Organization Overview
Second Sense is located in Chicago, IL. The organization was established in 1950. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2023, Second Sense employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Second Sense is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Second Sense generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.0m during the year ending 06/2023. While expenses have increased by 3.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE INDIVIDUALS TO MOVE BEYOND VISION LOSS AND BELIEVE IN THEIR ABILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDEPENDENT LIVING SERVICES - PROVIDES EDUCATION AND TRAINING ON SKILLS CLIENTS NEED TO ACCOMPLISH DAILY TASKS.
ADAPTIVE TECHNOLOGY SERVICES - PROVIDES CLASSROOM TRAINING AND INDIVIDUAL INSTRUCTION IN THE USE OF ADAPTIVE TECHNOLOGY.
ORIENTATION AND MOBILITY - TEACHING CLIENTS HOW TO TRAVEL SAFELY AND INDEPENDENTLY USING A WHITE CANE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett Christenson President | OfficerTrustee | 1 | $0 |
Michael Wagner Treasurer | OfficerTrustee | 1 | $0 |
Laura Rounce Secretary | OfficerTrustee | 1 | $0 |
Keith Giemzik Director | Trustee | 1 | $0 |
Suzanne Miller Director | Trustee | 1 | $0 |
Jeff Smith Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $166,928 |
| Related organizations | $0 |
| Government grants | $182,761 |
| All other contributions, gifts, grants, and similar amounts not included above | $736,107 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,085,796 |
| Total Program Service Revenue | $0 |
| Investment income | $3,484 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $85 |
| Net Income from Fundraising Events | -$15,616 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$606 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,073,143 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $182,680 |
| Compensation of current officers, directors, key employees. | $32,882 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $334,422 |
| Pension plan accruals and contributions | $10,799 |
| Other employee benefits | $46,203 |
| Payroll taxes | $34,501 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,732 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,000 |
| Fees for services: Other | $60,836 |
| Advertising and promotion | $99 |
| Office expenses | $38,432 |
| Information technology | $42,029 |
| Royalties | $0 |
| Occupancy | $171,418 |
| Travel | $10,896 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,578 |
| Insurance | $19,636 |
| All other expenses | $0 |
| Total functional expenses | $1,035,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $522,702 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $36,551 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,902 |
| Prepaid expenses and deferred charges | $2,948 |
| Net Land, buildings, and equipment | $17,012 |
| Investments—publicly traded securities | $154,752 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $242,831 |
| Total assets | $980,698 |
| Accounts payable and accrued expenses | $28,517 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $324,694 |
| Total liabilities | $353,211 |
| Net assets without donor restrictions | $596,602 |
| Net assets with donor restrictions | $30,885 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $980,698 |