Quick charity verification for Second Chances (EIN: 202191392)
Verdict: Second Chances appears trustworthy
70/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
Latest filing shows $0 revenue and $0 assets, suggesting potential inactivity or closure.
No NTEE code provided, making it difficult to categorize its specific mission area.
Strengths
Consistently reported 0% officer compensation, indicating volunteer leadership and high efficiency.
Maintained $0 liabilities across all reported periods, demonstrating strong financial solvency and no debt.
Historically operated with expenses closely aligned to revenue, suggesting prudent spending for a small organization.
Spending Breakdown
How Second Chances allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Second Chances
Is Second Chances a legitimate charity?
Based on AI analysis of IRS 990 filings, Second Chances (EIN: 202191392) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Second Chances a good charity to donate to?
Second Chances has a Mission Score of 70/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Second Chances?
The Employer Identification Number (EIN) for Second Chances is 202191392. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Second Chances spend its money?
Second Chances allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Second Chances's tax-exempt status?
You can verify Second Chances's tax-exempt status using EIN 202191392 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Second Chances appears to be a very small, grassroots organization based on its financial filings. With zero reported revenue and assets in its latest filing, and historical revenues consistently under $140,000, it operates on a modest scale. The organization has consistently maintained zero liabilities, indicating sound financial management and a lack of debt. However, the lack of recent financial activity (zero revenue/assets) raises questions about its current operational status. Historically, the organization has shown a pattern of spending close to its revenue, with expenses often nearly matching or slightly exceeding income in some years, such as 2013 and 2012, which is typical for small nonprofits focused on direct program delivery. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership, which is a positive indicator of efficiency and dedication to its mission.