Second Chance Net

Nonprofit profile at a glance

EIN
844072210
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Woodburn, OR, USA
Phone
9496773705
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Rehabilitation Services for Offenders

Reported finances

Revenue
$10,991
Expenses
$11,089
Assets
$1,006
Liabilities
$765

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

Leadership & pay

3 people listed

Executive titles in this filing

  • PETER SHIKLI (PRESIDENT)

People named in this filing

  • PETER SHIKLI (PRESIDENT)
  • ADAM SPENCER (VICE PRESIDE)
  • EDITH RADNOTI (TREASUER)

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

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

Overview

Mission

Second chance net has fielded second chance incubator, a correctional industry version of a private-sector incubator as used to transition ideas rapidly and cost-effectively into operational proof-of-concept businesses, but in this case within the resources and security restrictions common to prisons. The second chance incubator will develop businesses focused on information technologies so inmates can develop job skills with a future, earn a seat at the nation's digital table upon release and thus reduce recidivism.

What it reported doing in 2025

To field the second chance incubator that will develop businesses focused on information technologies so inmates can develop job skills with a future, earn a seat at the nation's digital table upon release and thus reduce recidivism.

Operating model

Revenue model
Donor-supported. 100% 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. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 30
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -0.9%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.09; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0.76; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 62.4% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: -2.8% per year; rating input score 0; 40th percentile among comparable filings
  • Asset growth: -45.3% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $11K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • 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.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.