SECOND CHANCE COMMUNITY SERVICES

EIN: 475541834 501(c)(3)

NEWARK, NJ

Total Revenue
$6,000
Total Expenses
$11,723
Total Assets
$-5,723
Net Assets
$-5,723
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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
2016
Legal Domicile
NJ
Principal Officer
VICTOR MOORE
Tax Period
2019-01-01 to 2019-12-31

SECOND CHANCE COMMUNITY SERVICES, founded in 2016, is a micro nonprofit that reported $6K in total revenue in fiscal year 2019. Expenses of $12K exceeded revenue, resulting in a 95% operating deficit.

Mission

To help the less fortunate with food, clothing and services that help enhance their qualities of life.

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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 (2019)

Revenue Breakdown

Contributions & Grants $6,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,000

Expense Breakdown

Grants Paid $17
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,723
Other Expenses $11,706
TOTAL EXPENSES $11,723

Year-over-Year Comparison

2019 2018 Change
Revenue $6,000 N/A N/A
Expenses $11,723 N/A N/A
Net Income $-5,723 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
3
Independent Members
3
Employees
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VICTOR MOORE PRESIDENT 25.00
Officer
$0 $0 $0
VICTOR THOMAS SECRETARY 4.00
Officer
$0 $0 $0
GREGORY HUDSON TREASURER 2.00
Officer
$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
2019 $6,000 $11,723 $-5,723 $-5,723
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