W Second Growth Foundation is a 501(c)(3) organization based in Saint Paul, Minnesota, registered in 2019, with $558,254 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$558K
▲ 322.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$380K
Net assets
$6.2M
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 W Second Growth Foundation— 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 W Second Growth Foundation: 197 mo reserves · +32% 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 W Second Growth Foundation— 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 W Second Growth Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $376K (FY2020) to $558K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
31.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.2M
Total liabilities
$0
Net assets
$6.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $558,254▲322% | $379,936▼4.7% | $6,238,938▲3.3% | $6,238,938▲3.3% | 990PF |
| 2023 | $132,301▼38.7% | $398,562▼6.4% | $6,038,969▼4.2% | $6,038,969▼4.2% | 990PF |
| 2022 | $215,926▼70.6% | $425,952▲56.5% | $6,303,785▼2.8% | $6,303,785▼2.8% | 990PF |
| 2021 | $734,028▲95.1% | $272,149▼46.2% | $6,488,646▲7.3% | $6,488,646▲7.3% | 990PF |
| 2020 | $376,206 | $506,044 | $6,049,891 | $6,049,891 | 990PF |
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.
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Data for W Second Growth Foundation (EIN 83-3352641) 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.