Second Chances

Nonprofit profile at a glance

EIN
421605507
IRS 990-EZ coverage
2018–2020
Forms available
Form 990 2016, Form 990-EZ 2020
Location
Littleton, CO, USA
Phone
3037217677
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Job Training
Affiliation
Christianity

Official website

Reported finances

Revenue
$100,253
Expenses
$80,351
Assets
$108,647
Liabilities
$40,380

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Michelle Sugerman (President)

People named in this filing

  • Michelle Sugerman (President)
  • Rosalynn Martinez (Program Manager)
  • Ron Rudman (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-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Reflecting love and acceptance to women, especially mothers and grandmothers recovering from trauma. They receive paid employment, life skills, coaching, and positive community. Labels of homeless, lack of education, and previous incarceration are primary barriers our participants overcome as they gain positive employment experience and supportive community.

What it reported doing in 2020

Second Chances is a career development program that provides training opportunities for single mothers and women to break the poverty cycle and develop career and life skills.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 100
  • Sustainability: 51
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 44.9%; rating input score 45
  • Program expense ratio: 56%; rating input score 56

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 19.9%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 1.35; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.37; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 40.5%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: 42.6% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: -13.3% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: 0.4% per year; rating input score 100; 26th percentile among comparable filings

Details

  • Where the money goes: 44.9% of revenue deployed · 56% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $45K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2018 to 2020
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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: Mission deployment rate scored 45/100.
  • Review — Financial Efficiency: Program expense ratio scored 56/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.