Second Chance Emergency Placement Inc

EIN: 474002367 501(c)(3)

Spartanburg, SC

Total Revenue
$528,210
Total Expenses
$527,898
Total Assets
$2,524
Net Assets
$2,524
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
SC
Tax Period
2022-01-01 to 2022-12-31

Second Chance Emergency Placement Inc, founded in 2021, is a small nonprofit that reported $528K in total revenue in fiscal year 2022.

Mission

The organization conducts a full-time group home to care for at-risk youth males providing basic needs for each youth and the resources and support needed to thrive.

Program Service Accomplishments

Program 1
Expenses: $462,191

Services supplied include housing, transportation, dietary and personal care needs of each resident

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Trantor Score

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

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $528,210
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $528,210

Expense Breakdown

Grants Paid $0
Salaries & Benefits $249,524
Fundraising Expenses $0
Program Expenses $462,191
Other Expenses $278,374
TOTAL EXPENSES $527,898

Year-over-Year Comparison

2022 2021 Change
Revenue $528,210 N/A N/A
Expenses $527,898 N/A N/A
Net Income $312 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
1
Independent Members
N/A
Employees
29
Volunteers
N/A

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
1
$46,424
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Naran Miller Director 20.00
Officer
$46,424 $0 $46,424
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
2022 $528,210 $527,898 $2,524 $312
2021 $364,758 $362,546 $2,212 $2,212
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