SECOND CHANCE SOCIETY INC

EIN: 651118303 501(c)(3) Philanthropy & Grantmaking

FORT LADUERDALE, FL

Total Revenue
$349,304
Total Expenses
$374,952
Total Assets
$902,173
Net Assets
$886,480
🔒

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
2002
Legal Domicile
FL
Principal Officer
ROLAND GARCIA
Phone
9547635999
Tax Period
2024-06-01 to 2025-05-31

SECOND CHANCE SOCIETY INC, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $349K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Net assets of $886K represent 30 months of operating reserves.

Mission

SECOND CHANCE SOCIETY, INC., (THE ORGANIZATION) IS A NOT-FOR-PROFIT ORGANIZATION AND WAS INCORPORATED IN THE STATE OF FLORIDA ON MARCH 5, 2002. THE ORGANIZATION IS SUPPORTED PRIMARILY THROUGH DONOR CONTRIBUTIONS, GRANTS, AND THE UNITED WAY. INGRAINED WITHIN THE WORDING OF THE ORGANIZATION'S MISSION STATEMENT LAY ITS PRIMARY PURPOSE WHICH IS TO AID HOMELESS AND STRUGGLING INDIVIDUALS' RETURN TO A STATE OF SELF-SUFFICIENCY. WITH SELF-SUFFICIENCY COMES A GENERAL STATE OF WELLBEING, SELF-WORTH, REVITALIZATION, AND MOST IMPORTANTLY, HOPE. ITS SECONDARY PURPOSE IS TO PROVIDE ONGOING MORAL ENCOURAGEMENT TO ITS CLIENTS TO ENSURE THEIR ENTRANCE BACK INTO SOCIETY IS AS UNPROBLEMATIC AS POSSIBLE.

Program Service Accomplishments

Program 1
Expenses: $313,053

HAND UP PROGRAM THE SECOND CHANCE SOCIETY, INC.'S HAND UP PROGRAM WAS ESTABLISHED IN 2001 TO ASSIST HOMELESS AND STRUGGLING INDIVIDUALS IN THE COMMUNITY OVERCOME MATERIAL BARRIERS TO EMPLOYMENT. IT...

Read more

HAND UP PROGRAM THE SECOND CHANCE SOCIETY, INC.'S HAND UP PROGRAM WAS ESTABLISHED IN 2001 TO ASSIST HOMELESS AND STRUGGLING INDIVIDUALS IN THE COMMUNITY OVERCOME MATERIAL BARRIERS TO EMPLOYMENT. IT ACCOMPLISHES THIS IN TWO WAYS. WHEN A CLIENT IS OFFERED EMPLOYMENT, WHICH HE/SHE CANNOT ACCEPT BECAUSE THEY LACK THE MEANS TO ACQUIRE ITEMS THAT ARE REQUIRED AS A PRE-CONDITION OF THEIR EMPLOYMENT, SECOND CHANCE SOCIETY STEPS IN TO BUY JUST THOSE NECESSARY ITEMS FOR HIM/HER. TYPICALLY, THIS INCLUDES SUCH THINGS AS WORK BOOTS, UNIFORMS, TOOLS OR LICENSURE. MOST OF THE CLIENTS SERVED BY THE HAND UP PROGRAM ARE REFERRED TO THE ORGANIZATION BY OTHER AGENCIES IN THE CONTINUUM OF CARE FOR THE HOMELESS. THERE IS AN APPLICATION AND INTERVIEW PROCESS. ALSO, SECOND CHANCE SOCIETY ASSISTS HOMELESS OR STRUGGLING PERSONS WHO ARE ENROLLED IN VIABLE VOCATIONAL TRAINING, BUT WHO CANNOT AFFORD THE NECESSARY TEXT BOOKS AND SCHOOL SUPPLIES. THE PROGRAM PROVIDES THESE. TUITION IS ALSO PAID ON SOME SHORT COURSES SUCH AS SECURITY AND SOME MEDICAL COURSES. TO DATE, THE SECOND CHANCE HAND UP PROGRAM HAS ASSISTED MORE THAN 5,405 CLIENTS ON THE PATH TO ECONOMIC SELF-SUFFICIENCY. THE PROGRAM EMPLOYS A FURTHER MODULE OF PERIODIC POST SERVICE CONTACTS TO PROVIDE THE CLIENTS WITH FURTHER ENCOURAGEMENT, AND TO AID IN TRACKING OUTCOMES. I. D. PROGRAM THE SECOND CHANCE SOCIETY I. D. PROGRAM WAS ESTABLISHED IN FEBRUARY, 2011 WITH A 10,000 GRANT FROM THE COMMUNITY FOUNDATION OF BROWARD COUNTY. THUS FAR IT HAS HELPED 6,239 MEN AND WOMEN GET THEIR I.D. MANY TIMES THIS ALSO INCLUDES GETTING A BIRTH CERTIFICATE AND SOMETIMES A MARRIAGE LICENSE. WITHOUT AN I. D., IT IS IMPOSSIBLE FOR A CLIENT TO LOOK FOR EMPLOYMENT OR DO ALMOST ANYTHING. THIS PROGRAM HELPS WITH THE VERY FIRST STEP OF REHABILITATION WHEREAS THE HAND-UP PROGRAM IS MANY TIMES THE LAST STEP IN GETTING THE CLIENT EMPLOYED.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $337,612
Program Service Revenue $4,323
Investment Income $7,369
Other Revenue $0
TOTAL REVENUE $349,304

Expense Breakdown

Grants Paid $0
Salaries & Benefits $177,284
Fundraising Expenses $19,959
Program Expenses $313,053
Other Expenses $197,668
TOTAL EXPENSES $374,952

Year-over-Year Comparison

2024 2023 Change
Revenue $349,304 $310,549 +0.1%
Expenses $374,952 $308,379 +0.2%
Net Income $-25,648 $2,170 -12.8%
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
11
Employees
5
Volunteers
14

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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCIA BARRY-SMITH DIRECTOR 2.00
Director
$0 $0 $0
PENELOPA BLAIR DIRECTOR 2.00
Director
$0 $0 $0
MATT FERRELLI DIRECTOR 2.00
Director
$0 $0 $0
TANYIA JACKSON DIRECTOR 2.00
Director
$0 $0 $0
FRANKIE JOHNSON DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL O'LEARY DIRECTOR 2.00
Director
$0 $0 $0
JEAN READY DIRECTOR 2.00
Director
$0 $0 $0
ROLAND GARCIA PRESIDENT 2.00
Officer
$0 $0 $0
JESSICA GARVEY TREASURER 2.00
Officer
$0 $0 $0
KIM SAISWICK SECRETARY 2.00
Officer
$0 $0 $0
SHERI WITTINGTON VICE PRESIDE 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
2025 $349,304 $374,952 $902,173 $-25,648
2024 $310,549 $308,379 $924,960 $2,170
2023 $229,519 $215,788 $911,615 $13,731
2022 $313,406 $212,467 $912,422 $100,939
2021 $250,642 $106,877 $803,155 $143,765
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SECOND CHANCE SOCIETY INC with other nonprofits in Florida and across the country.