FORT LADUERDALE, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare SECOND CHANCE SOCIETY INC with other nonprofits in Florida and across the country.