Concord, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Project Second Chance Inc, founded in 1986, is a small nonprofit in the Education sector that reported $208K in total revenue in fiscal year 2024. Revenue fell 80% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $121K, a strong 58% operating margin.
Project Second Chance, Inc. was established to support the Contra Costa County Library Adult Literacy Program, Project Second Chance (PSC). Project Second Chance offers literacy instruction and has helped over 7,201 adults improve their reading, writing and spelling skills. Project Second Chance offers one-on-one basic literacy instruction to people who struggle with basic literary tasks.
During the fiscal year PSC, Inc. helped 331 learners with their reading, writing and spelling skills, and trained and supported the volunteer tutors who help the learners. During the 2024-2025 year...
During the fiscal year PSC, Inc. helped 331 learners with their reading, writing and spelling skills, and trained and supported the volunteer tutors who help the learners. During the 2024-2025 year 20,672 volunteer hours were spent in preparation and instruction to help adult learners needing literacy instruction. At the end of the 6/30/2025 fiscal year 274 students were enrolled in the literacy program.
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 | $207,986 | $1,054,574 | -0.8% |
| Expenses | $86,905 | $82,234 | +0.1% |
| Net Income | $121,081 | $972,340 | -0.9% |
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 |
|---|---|---|---|---|---|---|
| Michael Marable | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Elizabeth Bognar | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Robert Venema | Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lisa Cline | Board Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Carole Mansinne-Shafer | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Susan Schneider | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $207,986 | $86,905 | $3,153,009 | $121,081 |
| 2024 | $1,054,574 | $82,234 | $2,879,935 | $972,340 |
| 2023 | $322,426 | $34,367 | $1,753,005 | $288,059 |
| 2022 | $150,364 | $36,620 | $1,596,189 | $113,744 |
| 2021 | $112,170 | $80,125 | $1,813,641 | $32,045 |
| 2020 | $85,293 | $75,616 | $1,490,947 | $9,677 |
| 2019 | $82,411 | $71,509 | $1,450,202 | $10,902 |
| 2018 | $103,523 | $48,018 | $1,373,990 | $55,505 |
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