Her 2Nd Chance Inc

Nonprofit profile at a glance

EIN
831405102
IRS 990 coverage
2020–2025
Forms available
Form 990 2025, Form 990-N 2018
Location
Boca Raton, FL, USA
Phone
5614056346
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Alliance/Advocacy

Reported finances

Revenue
$629,091
Expenses
$685,771
Assets
$369,653
Liabilities
$13,669

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • CHRISTOPHER MALFITANO (PRESIDENT &)

People named in this filing

  • KEELY CARNEY (FOUNDER & DI)
  • CHRISTOPHER MALFITANO (PRESIDENT &)
  • CASEY L GUNNELL (TREASURER &)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We create jobs that help women in recovery flourish by offering employment opportunities in a caring, disciplined social enterprise operation. We aim to be the launching pad where the women in our program can reacquire self- respect beginning to work towards self-sufficiency pointing to a brighter sober future. Thus breaking the cycle of shame and hopelessness that perpetuates relapses.

What it reported doing in 2025

We have one program service - to offer jobs to women in recovery. The women we employ have overcome significant obstacles in their lives, ranging from abuse and post traumatic stress disorder to addiction and homelessness. We offer them jobs through the social enterprise model, which allows us to self-fund a portion of our program, while giving our program participants relevant and marketable work experience in a real-world setting. Our social enterprise is a product based ecommerce shop. The majority of our ladies are transitional employees; we offer them a caring environment of structured jobs to help them overcome obstacles to re- entering the workforce. They, for the most part, perform entry level tasks including customer service and order fulfillment. Each of these functional areas is designed to allow the program particpants to move to a role in the traditional workforce. We also offer a select number of program particpants longer-term leadership roles to help us grow our social enterprise thereby creating more job opportunities. In addition, we provide several wellness activities regularly along with tutorial programs to aid in our participants' ability to successfully compete for and retain jobs in the real-world. All of our participants self-identify as being in recovery from a variety of situations and conditions. Each is grateful for the opportunity we provide. We are, in turn, both humbled and thrilled to see their hard work build a brighter future for themselves.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.9%; rating input score 100
  • Program expense ratio: 87%; rating input score 87
  • Fundraising efficiency: $13.35 raised per $1 spent on fundraising; rating input score 44; 44th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -9%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.54; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 12.1% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 11% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 15.5% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 99.9% of revenue deployed · 87% of spending went to programs
  • Governance: 13 of 13 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $596K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 44/100.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.