Second Chance Foods Inc
Nonprofit profile at a glance
- EIN
- 810996695
- IRS 990 coverage
- 2022–2025
- Forms available
- Form 990 2025, Form 990-EZ 2021, Form 990-N 2020
- Location
- Brewster, NY, USA
- Phone
- 8457231315
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Food Programs
Reported finances
- Revenue
- $1,886,109
- Expenses
- $1,885,340
- Assets
- $1,172,042
- Liabilities
- $263,678
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Jason Kofman (President)
- Helen Iral (Vice President)
Highest reported compensation
- Martha Elder (Executive Dir.): $94,636 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Second Chance Foods (SCF or the Organization) is dedicated to reducing food waste by rescuing food that would otherwise be discarded, reducing hunger on a local basis while elevating the health of those served by the program, and reducing land fill volume and emissions.
What it reported doing in 2025
1) Distribution of recovered groceries - SCF recovers surplus groceries from farms, grocery stores, restaurant suppliers, and other food donors that would otherwise go to waste. These fresh, nutritious foods are sorted and distributed to partner food pantries or community organizations. In 2025, we had twelve partner hunger relief organizations for this program and distributed over 383,000 pounds of groceries.2) Upcycled meal preparation - recovered food that is not distributed as fresh groceries is brought into our commercial kitchen and is cooked into healthy, ready-to-eat meals. We donate these meals through our sixteen distribution partners. In 2025, we prepared and distributed almost 169,000 meals.
Operating model
- Revenue model
- Donor-supported. 99% 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.
- 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 87
- Accountability: 95
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.3%; rating input score 79
- Program expense ratio: 79.2%; rating input score 79
- Fundraising efficiency: $9.71 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 26th 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 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- 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: 0%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.62; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 5%; rating input score 50; 50th percentile among comparable filings
Growth
- Program expense growth: 16.9% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 33.8% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 49.6% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 79.3% of revenue deployed · 79.2% of spending went to programs
- Governance: 5 of 5 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.5M in reported program spending
- Leadership: top reported pay $95K · 8 people listed
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 34/100.
- Moderate — Sustainability: Operating margin scored 30/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 23/100.
- Review — Sustainability: Officer compensation ratio scored 50/100.