118 E Second Street Property Inc is a 501(c)(2) organization based in Seymour, Indiana, registered in 2011, with $39,892 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$40K
▲ 1.0% vs prior year
Community median: $184K
Expenses (FY2024)
$30K
Net assets
$192K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 118 E Second Street Property Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 118 E Second Street Property Inc: 78 mo reserves · +26% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 118 E Second Street Property Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 118 E Second Street Property Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $20K (FY2012) to $40K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
25.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$193K
Total liabilities
$1,250
Net assets
$192K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $39,892▲1.0% | $29,650▲12.7% | $191,634▲5.6% | $192,884▼10.6% | 990EZ |
| 2023 | $39,506▲19.3% | $26,309▲11.6% | $181,392▲7.8% | $215,743▼1.4% | 990EZ |
| 2022 | $33,121▼7.5% | $23,565▼4.8% | $168,195▲6.0% | $218,798▼2.6% | 990EZ |
| 2021 | $35,817▲51.7% | $24,765▲10.3% | $158,639▲7.5% | $224,615▼1.5% | 990EZ |
| 2020 | $23,606▼37.7% | $22,449▼15.6% | $147,587▲0.8% | $228,104▼8.3% | 990EZ |
| 2019 | $37,890▲7.5% | $26,599▼3.9% | $146,430▲8.4% | $248,751▼0.7% | 990EZ |
| 2018 | $35,243▲75.8% | $27,671▲43.9% | $135,139▲5.9% | $250,540▼1.9% | 990EZ |
| 2017 | $20,048▼1.1% | $19,224▲19.8% | $127,567▲3.8% | $255,301▼2.7% | 990EZ |
| 2016 | $20,263▲10.1% | $16,046▼17.0% | $122,868▲3.6% | $262,321▼4.2% | 990EZ |
| 2015 | $18,397▼5.9% | $19,325▼7.4% | $118,651▼0.8% | $273,747▼3.5% | 990EZ |
| 2014 | $19,553▲3.5% | $20,861▼4.4% | $119,579▼1.1% | $283,674▼3.2% | 990EZ |
| 2013 | $18,895▼3.1% | $21,820▼6.5% | $120,887▼2.4% | $293,100▼3.8% | 990EZ |
| 2012 | $19,507 | $23,339 | $123,812 | $304,526 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for 118 E Second Street Property Inc (EIN 32-0332541) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.