2026-06-23T12:28:35-04:00 2025-12-31 831270393 MILLER & MILLER PA CPA 5660 MARQUESAS CIR SARASOTA FL 34233 990 2025-01-01 841848246 SECOND HEART HOMES INC SECO 9412019353 PO BOX 3886 SARASOTA FL 342303886 MEGAN HOWELL EXECUTIVE DIRECTOR 9412019353 2026-05-12 true MARC A MILLER P00191927 9413664152 2026-06-18 2025 2025-03-06 01:10:19Z MEGAN HOWELL 3814 CHAPEL DRIVE SARASOTA FL 34234 3299239 false X WWW.SECONDHEARTHOMES.ORG X 2019 TO REVIVE THE DIGNITY OF HOMELESS ADULTS WITH MENTAL ILLNESSES THROUGH HOUSING, SUPPORT, AND LOVE. 7 7 16 146 0 2376811 2366547 484429 541431 30479 58659 68411 4 2960130 2966641 0 0 612721 946498 0 120796 596702 749607 1209423 1696105 1750707 1270536 4806966 5928438 323507 157047 4483459 5771391 THE MISSION OF SECOND HEART HOMES IS TO REVIVE THE DIGNITY OF HOMELESS ADULTS WITH MENTAL ILLNESSES THROUGH HOUSING, SUPPORT, AND LOVE. false false 1223419 541431 THE SECOND HEART HOMES' PROGRAM PROVIDES HOUSING WITH SUPPORTIVE SOCIAL SERVICES THROUGH CASE MANAGEMENT TO HOMELESS SINGLE ADULTS WITH MENTAL ILLNESSES SO THEY HAVE A PLACE TO LIVE AND REACH THEIR HIGHEST LEVEL OF SELF-SUFFICIENCY. 1223419 true true false false false false false false false false true false false true true false false false false false false false false false true false false false false false false false false true false true true true false false false false false false false false false true 15 0 16 true false false false false false false false false X 7 7 false false false false false false false true true false false false true true true true true true false false X X MEGAN HOWELL 9412019353 3814 CHAPEL DRIVE SARASOTA FL 34234 MEGAN HOWELL EXECUTIVE DI 40.00 X X 131310 0 0 CLAUDIA BARNETT DIRECTOR 2.00 X 0 0 0 CHERI CORYEA DIRECTOR 2.00 X 0 0 0 JAMES COX DIRECTOR 2.00 X 0 0 0 DAVID LYONS DIRECTOR 2.00 X 0 0 0 ERIKA QUARTERMAINE DIRECTOR 2.00 X 0 0 0 THOMAS TRYON DIRECTOR 2.00 X 0 0 0 DAVID WELLE DIRECOTR 2.00 X 0 0 0 131310 1 false false false 115983 2250564 2366547 PROGRAM SERVICE REVENUE 541431 541431 541431 36622 36622 350000 327963 22037 22037 22037 4635 115983 4635 OTHER 4 4 4 2966641 563472 36622 131310 78786 39393 13131 635268 381161 190580 63527 119369 71621 35811 11937 60551 36331 18165 6055 21808 17011 4797 29891 7597 19817 2477 8723 6978 1745 33720 30348 3372 40520 40520 3014 3014 1050 945 105 99209 89288 9921 61194 55075 6119 REPAIR AND MAINT. 190864 190864 UTILITIES 96715 96715 SUPPLIES 51900 46710 2595 2595 AMORTIZATION 31820 31820 79179 48627 11223 19329 1696105 1223419 351890 120796 238635 152388 1238085 1045883 1020 13231 6594 26361 45119 4281726 280120 3196128 4001606 5009 544 1021 87476 676304 4806966 5928438 29300 23996 149445 97222 78333 66429 35829 323507 157047 X 4158159 5638655 325300 132736 4483459 5771391 4806966 5928438 X 1270536 24281 -6885 X false true X true false X 980821 1011879 1441970 2376811 2366547 8178028 178894 303260 451115 583319 546070 2062658 1159715 1315139 1893085 2960130 2912617 10240686 287802 130473 265192 188906 331746 1204119 238125 422567 569634 1358153 800007 3388486 525927 553040 834826 1547059 1131753 4592605 5648081 36622 36622 36622 36622 1159715 1315139 1893085 2960130 2949239 10277308 0.54960 0.53500 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1271522 1271522 3010204 280120 2730084 4001606 HOUSE 8TH STREET CIP 633994 RIGHT OF USE ASSET 33365 DEPOSITS 8941 ROUNDING 4 676304 OPERATING LEASE LAIBILITY 35829 35829 ART AUCTION 120618 115983 4635 4635 120618 115983 4635 4635 4635 DAVID WELLE DIRECTOR ACQUIRE PROPERTY X 156666 52222 false true true DAVID WELLE DIRECTOR ACQUIRE PROPERTY X 52000 45000 false true true 97222 DAVID WELLE DIRECTOR LOAN PROVIDED false WENDY COX DIRECTOR'S WIFE LOAN PROVIDED false WENDY COX DIRECTOR'S WIFE LOAN FORGIVEN false SCHEDULE L, PART V DURING 2023 THE ORGANIZATION HAD A 230,000 4.2% INTEREST-ONLY MORTGAGE NOTE AND A 240,000 2.5% INTEREST-ONLY MORTGAGE NOTE OUTSTANDING TO MWR, LLC. MWR, LLC WAS 33.3% OWNED BY DIRECTOR DAVID WELLE, 33.3% OWNED BY WENDY COX, A SPOUSE OF DIRECTOR JAMES COX, AND 33.3% OWNED BY AND UNRELATED INDIVIDUAL. EACH MORTGAGE WAS ENTERED INTO AFTER DISCLOSURE OF THE RELATED-PARTY TRANSACTION TO THE ORGANIZATION'S BOARD OF DIRECTORS WHO DEEMED THE TRANSACTIONS PRUDENT, SUPERIOR TO AVAILABLE UNRELATED-PARTY TRANSACTIONS, AND IN ACCORDANCE WITH THE ORGANIZATION'S POLICIES. PRIOR TO DECEMBER 31, 2023 MWR, LLC VOLUNTARILY EXTINGUISHED THE TWO MORTGAGES AND THE DEBT WAS TRANSFERRED TO THREE 156,667 0% UNSECURED NOTES DUE TO DAVID WELLE, JAMES COX'S SPOUSE AND THE UNRELATED THIRD PARTY. JAMES COX'S SPOUSE CONTRIBUTED HER NOTE TO THE ORGANIZATION. THE TWO REMAINING 156,667 0% UNSECURED NOTES WERE OUTSTANDING AS OF DECEMBER 31, 2023. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 WAS REVIEWED BY TWO MEMBERS OF OUR BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY REVIEW OUR CONFLICT OF INTEREST POLICY. ALL ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST TO THE BOARD. THE BOARD WILL THEN REVIEW AND APPROVE OR DISAPPROVE OF THE ACTIVITY AT A REGULAR SCHEDULE OR SPECIAL MEETING. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION PROCESS OF THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES IS DETERMINED BY THE BOARD. COMPENSATION IS BASED UPON MERIT AND SUCCESSFUL OUTCOMES. PERFORMANCE REVIEWS ARE UTILITZED FOR THIS PURPOSE. FORM 990, PAGE 6, PART VI, LINE 18 THE 990 IS AVAILABLE ON GUIDE STAR AND THE COMMUNITY FOUNDATION OF SARASOTA. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC BY PROVIDING THEM TO GUIDESTAR AND THE GIVING PARTNER THROUGH THE COMMUNITY FOUNDATION OF SARASOTA. THESE ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 IN KIND SERVICES - LEGAL -6,885