Second Chance Center Inc

Nonprofit profile at a glance

EIN
900794239
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-EZ 2014, Form 990-T 2020, Form 990-N 2013
Location
Aurora, CO, USA
Phone
3035375838
Rating
81
Verdict
STRONG
Rating confidence
Standard
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$11,037,499
Expenses
$9,764,319
Assets
$21,963,852
Liabilities
$14,012,441

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Damond McCready (Executive Director)
  • Candice Sporhase-White (Deputy Executive Director)
  • Ilyas El-Amin (Deputy Executive Director)

Highest reported compensation

  • Damond McCready (Executive Director): $189,688 total reported compensation
  • Candice Sporhase-White (Deputy Executive Director): $181,122 total reported compensation
  • Ilyas El-Amin (Deputy Executive Director): $115,124 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our goal is to help formerly incarcerated people transition to lives of success and fulfillment. We provide the formerly incarcerated, and their network, with education, resources, and support to successfully re-enter the community and cultivate a rewarding life.

What it reported doing in 2024

The mission of Second Chance Center (SCC) is to help formerly incarcerated individuals transition to lives of success and fulfillment. The individuals served by SCC often face significant barriers to stability, including mental illness, substance use disorders, trauma, limited employment history, and housing instability. Many individuals are released from incarceration with no stable housing, limited family support, and few resources to successfully reintegrate into the community.SCC provides a comprehensive reentry model that integrates care management, peer mentoring, behavioral health navigation, Continued on Schedule O...workforce development, and housing stabilization. At intake, client partners work with care managers to develop individualized life goals and service plans. SCC provides ongoing support to help individuals achieve stability, including access to basic needs such as food, clothing, transportation assistance, health care referrals, and employment services. SCC's model emphasizes "role-modeling possibilities," with many staff members having lived experience with the justice system and serving as mentors and guides for those navigating reentry.Stable housing is a cornerstone of SCC's reentry model. SCC operates a range of housing programs designed to support individuals at different stages of stability, including transitional housing, housing vouchers, affordable workforce and permanent supportive housing.Providence at the Heights, SCC's 50-unit permanent supportive housing community that opened in February 2020, provides long-term housing stability for individuals who have experienced both homelessness and justice involvement. During the fiscal year ending June 30, 2024, all available units were fully occupied, serving more than 60 residents with supportive services designed to promote long-term stability and independence.Building on the success of Providence at the Heights, SCC recently completed development of Residences on Acoma, a 128-unit affordable housing community in Denver that includes 60 permanent supportive housing units and 68 affordable workforce housing units. This development significantly expands housing opportunities for justice-involved individuals and others experiencing housing instability while integrating supportive services that promote long-term success.Through this integrated housing and supportive services model, SCC helps individuals stabilize their lives, secure employment, reconnect with family and community, and build pathways toward long-term independence and fulfillment.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 86% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 77
  • Accountability: 95
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.1%; rating input score 73
  • Program expense ratio: 82.4%; rating input score 82
  • Fundraising efficiency: $36.93 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 11.5%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 2.25; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.64; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 5.4%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 26.7% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 26.1% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 34.2% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 73.1% of revenue deployed · 82.4% of spending went to programs
  • Governance: 8 of 8 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $8M in reported program spending
  • Leadership: top reported pay $190K · 12 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 38 of 39 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.