Second Helpings EIN 57-0938469

Second Helpings FY2022 filing

EIN  57-0938469 Public charity (501(c)(3)) Hilton Head, SC Founded 1992
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 8/18/26 · see original filing: IRS
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Size
$1–10M
What they do
Rescues and transports surplus food to agencies feeding needy families.
Leadership
Mary Ann Bell · President
Money in and out
$774K revenue, $691K expenses
Bottom line
90% program efficiency

Rescues and transports surplus food to agencies feeding needy families. For fiscal year 2022 it reported $774K in revenue, $691K in expenses, and $935K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$774K
Pt VIII · Ln 12
Total expenses
$691K
Pt IX · Ln 25
Net assets
$935K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $84K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.08 Fundraising $0.02
Program efficiency
90%
of spending reaches programs
Operating runway
14.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+11%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$774K
FY2022▲ +15%
Expenses
$691K
FY2022▲ +8%
Total assets
$959K
FY2022▲ +8%
Total liabilities
$24K
FY2022▲ +79%
Total revenue
$774K
Pt VIII · Ln 12
Total expenses
$691K
Pt IX · Ln 25
Net assets
$935K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$84K
Total assetsPt X · Ln 16$959K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $623K of program spending, described in the organization's own filed words · FY2022.
01

The organization is the premier local organization dedicated to alleviating hunger in the community. They have an army of volunteers which operate refridgerated trucks 7 days per week, 52 weeks per year, collecting surplus food from grocery and other stores and distributing to distribution agency partners.

$623Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSecond Helpings
EINHdr · item D57-0938469
Principal addressHdr · item CHilton Head, SC
WebsiteHdr · item Jwww.secondhelpingslc.org
Year of formationHdr · item L1992
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P99Z)
Ruling yearIRS BMFApr 1992

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
See Second Helpings executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$727K · 94%
Other revenue$44K · 6%
Contributions & grants94%$727K
Other revenue6%$44K
Investment income$4K
Total revenueLn 12$774K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.08 Fundraising $0.02
Program services90%$623K
Management & general8%$52K
Fundraising2%$15K
Total functional expensesLn 25$691K

Balance Sheet

Part X · end of year
CashLn 1$518K
Total assetsLn 16$959K
Total liabilitiesLn 26$24K
Total net assetsLn 32$935K
Months of cash on handcomputed9.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $819K · Operating expenses/yr $691K
14.2 months
Where the money goes
Program services
Program services $623K · Total expenses $691K
90%
Management & General
Management & general $52K · Total expenses $691K
8%
Fundraising
Fundraising $15K · Total expenses $691K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $19K · Solicited contributions (3-yr avg) $692K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $727K · Total revenue $774K
94%
Government reliance
Government grants — · Total revenue $774K
Earned-income share
Program service revenue $0 · Total revenue $774K
0%
Investment reliance
Investment income $4K · Total revenue $774K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $691K
0%
Growth & trend
Revenue growth (YoY)
This year $774K · Prior year $673K
+15%
Net-asset trend (YoY)
End of year $935K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $774K · Expenses $691K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $959K
Net-asset ratio
Net assets $935K · Total assets $959K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $301K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $959K
31%
People & payroll
Highest Reported Total Compensation
Individual Mary Ann Bell · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $691K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $182K · Total expenses $691K
26%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 8%
Fundraising cost ratio 2%
Revenue growth 15%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$116K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$6.7M revenue · ⤓ 990 PDF
FY2023$6.7M revenue · ⤓ 990 PDF
FY2022$774K revenue · viewing · ⤓ 990 PDF
FY2021$673K revenue · ⤓ 990 PDF
FY2020$841K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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