Second Chance Re Entry Initiative Program
EIN: 842846352 · Hartford, CT · NTEE: B60
| Metric | Value |
|---|---|
| Total Revenue | $374K |
| Total Expenses | $291K |
| Net Assets | $6K |
Search Intent Cockpit
Second Chance Re Entry Initiative Program Form 990, Revenue, CEO Pay, and IRS Filing Signals
Second Chance Re Entry Initiative Program is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Second Chance Re Entry Initiative Program in one place.
Form 990 Filing Summary
2 filing years are available, with latest revenue of $297K and expenses of $291K.
Revenue and Expenses
Second Chance Re Entry Initiative Program reported $297K in revenue and $291K in expenses, a surplus of $6K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Second Chance Re Entry Initiative Program Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Second Chance Re Entry Initiative Program shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Limited filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade B | 2 stored filing years |
| Peer context | Compare with Teen Center Of Wilton Inc | Connecticut and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Hartford, CT nonprofitsEducation in Connecticut
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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.
Organization Overview
Second Chance Re Entry Initiative Program is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 156.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $297K |
| Total Expenses | $291K |
| Surplus / Deficit | +$6K |
| Total Assets | $17K |
| Total Liabilities | $11K |
| Net Assets | $6K |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 63.7% |
| Months of Reserves | 0.7 months |
Financial Health Grade: B
In 2023, Second Chance Re Entry Initiative Program reported a surplus of $6K with revenue exceeding expenses, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 63.7% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Second Chance Re Entry Initiative Program's revenue has grown at a compound annual growth rate (CAGR) of 156.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +156.6% | +149.6% | +1701800.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 63.7%.
Frequently Asked Questions about Second Chance Re Entry Initiative Program
Is Second Chance Re Entry Initiative Program a legitimate charity?
Second Chance Re Entry Initiative Program (EIN: 842846352) is a registered tax-exempt nonprofit based in Connecticut. It has 2 years of IRS 990 filings on record. Total revenue: $374K. No red flags identified. Financial health grade: B.
How does Second Chance Re Entry Initiative Program spend its money?
Second Chance Re Entry Initiative Program reported $374K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Second Chance Re Entry Initiative Program tax-deductible?
Second Chance Re Entry Initiative Program is registered as a tax-exempt nonprofit (EIN: 842846352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Second Chance Re Entry Initiative Program located?
Second Chance Re Entry Initiative Program is headquartered in Hartford, Connecticut and files with the IRS under EIN 842846352. It is classified under NTEE code B60.
How many years of IRS 990 filings does Second Chance Re Entry Initiative Program have?
Second Chance Re Entry Initiative Program has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $374K in total revenue.
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 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Second Chance Re Entry Initiative Program:
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.