Operation Second Chance Inc

EIN: 202624345 501(c)(3) Public & Societal Benefit

Germantown, MD

Total Revenue
$5,985,519
Total Expenses
$2,461,064
Total Assets
$11,945,834
Net Assets
$11,903,724
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MD
Principal Officer
Cindy McGrew
Phone
3019382834
Tax Period
2025-01-01 to 2025-12-31

Operation Second Chance Inc, founded in 2005, is a community nonprofit in the Public & Societal Benefit sector that reported $6.0M in total revenue in fiscal year 2025. Revenue surged 99% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.5M, a strong 59% operating margin.

Mission

We are patriotic citizens committed to serving our wounded, injured and ill combat veterans. We support Veterans and their families by building relationships and supporting their immediate needs and interests. We promote public awareness of the many sacrifices of our Armed Forces

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $5,722,162
Program Service Revenue $0
Investment Income $263,357
Other Revenue $0
TOTAL REVENUE $5,985,519

Expense Breakdown

Grants Paid $160,180
Salaries & Benefits $468,746
Fundraising Expenses $10,461
Program Expenses $2,336,468
Other Expenses $1,832,138
TOTAL EXPENSES $2,461,064

Year-over-Year Comparison

2025 2024 Change
Revenue $5,985,519 $3,004,160 +1.0%
Expenses $2,461,064 $2,171,943 +0.1%
Net Income $3,524,455 $832,217 +3.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
10
Employees
8
Volunteers
162

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$121,033
Total Directors
11
$121,033
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cindy McGrew President 40.00
Officer Director
$119,375 $1,658 $121,033
Benjamin Knisely Director 1.00
Director
$0 $0 $0
Paul Caragiulo Secretary 1.00
Officer Director
$0 $0 $0
Tim Sanders Director 1.00
Director
$0 $0 $0
Robert Kilmartin Director 1.00
Director
$0 $0 $0
Robert Larson Director 1.00
Director
$0 $0 $0
Clark Wagner Vice-President 1.00
Officer Director
$0 $0 $0
Kevin Kenney Director 1.00
Director
$0 $0 $0
John Jarrett Director 1.00
Director
$0 $0 $0
Chuck Christianson Director 1.00
Director
$0 $0 $0
Steve Rambo Treasurer 10.00
Officer Director
$0 $0 $0
Luke Murphy Outgoing Director 0.00
$0 $0 $0
Diane Morales Outgoing Director 0.00
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,985,519 $2,461,064 $11,945,834 $3,524,455
2024 $3,004,160 $2,171,943 $8,480,870 $832,217
2023 $2,230,698 $1,537,151 $7,784,744 $693,547
2022 $2,107,891 $1,627,034 $7,139,777 $480,857
2021 $3,170,409 $1,523,150 $7,020,759 $1,647,259
2020 $2,124,911 $1,160,029 $5,467,156 $964,882
2019 $3,189,430 $1,599,001 $3,687,727 $1,590,429
2018 $1,453,562 $1,481,454 $2,011,346 $-27,892
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Operation Second Chance Inc with other nonprofits in Maryland and across the country.