Second Chance Re Entry Initiative Program
EIN: 842846352 · Hartford, CT · NTEE: B60
About Second Chance Re Entry Initiative Program
Second Chance Re Entry Initiative Program (EIN: 842846352) is a nonprofit organization based in Hartford, CT, classified under NTEE code B60. The organization reported total revenue of $374K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Second Chance Re Entry Initiative Program's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Second Chance Re Entry Initiative Program has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Second Chance Re Entry Initiative Program with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Filing History
IRS 990 filing history for Second Chance Re Entry Initiative Program showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Second Chance Re Entry Initiative Program's revenue has grown by 156.6%, moving from $116K to $297K. Total assets increased by 1701800% over the same period, from $1 to $17K. Total functional expenses rose by 149.6%, from $116K to $291K. In its most recent filing year (2023), Second Chance Re Entry Initiative Program reported a surplus of $6K, with revenue exceeding expenses. The organization holds $11K in liabilities against $17K in assets (debt-to-asset ratio: 63.7%), resulting in net assets of $6K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $297K | $291K | $17K | $11K | — | — |
| 2022 | $116K | $116K | $1 | $783 | — | View 990 |
Data Sources and Methodology
This transparency report for Second Chance Re Entry Initiative Program is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.