Is Operation Second Chance Inc Legit?

Quick charity verification for Operation Second Chance Inc (EIN: 202624345)

Verdict: Operation Second Chance Inc appears trustworthy

92/100Mission Score
$3.6MRevenue
$8.5MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Operation Second Chance Inc demonstrates consistent financial health with a strong asset base and generally positive net income over the past decade. The organization's assets have grown significantly from $1,110,372 in 2014 to $7,784,744 in 2023, indicating robust financial management and accumulation of reserves. Their spending efficiency appears strong, with expenses consistently lower than revenue in most years, allowing for asset growth. For instance, in 2023, revenue was $2,230,698 against expenses of $1,537,151. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, as it indicates either volunteer leadership or compensation below reporting thresholds, which is a positive sign for donor confidence. The organization's NTEE code W30 (Veterans) aligns with its mission, and the financial data supports a focus on program delivery.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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