SECOND CHANCE MINISTRIES (EIN 800590825) - Form 990 Financial Analysis & Trantor Score

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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

2010

Legal Domicile

Principal Officer

CLINT HASKINS

Phone

3076823148

Tax Period

2022-06-01 to 2023-05-31

SECOND CHANCE MINISTRIES, founded in 2010, is a small nonprofit in the Crime & Legal sector that reported $390K in total revenue in fiscal year 2022. The organization ran a surplus of $174K, a strong 45% operating margin.

Mission

TO PROVIDE MEN AND WOMEN RELEASED FROM INCARCERATION WITH RE-ENTRY ASSISTANCE INTO CAMPBELL COUNTY, WY.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $344,993

Program Service Revenue $45,018

Investment Income $37

Other Revenue $0

TOTAL REVENUE $390,048

Expense Breakdown

Grants Paid $112,195

Salaries & Benefits $65,278

Fundraising Expenses $0

Program Expenses $112,946

Other Expenses $38,481

TOTAL EXPENSES $215,954

Year-over-Year Comparison

	2022	2021	Change
Revenue	$390,048	N/A	N/A
Expenses	$215,954	N/A	N/A
Net Income	$174,094	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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLINT HASKINS	CHAIRMAN	1.00	Officer	$0	$0	$0
CHAD BEEMAN	VICE-CHAIRMA	1.00	Officer	$0	$0	$0
MARY PADOVA	TREASURER	1.00	Officer	$0	$0	$0
MAGGIE MCREERY-MCCOY	SECRETARY	1.00	Officer	$0	$0	$0
PAUL ROBERTS	DIRECTOR	N/A	Director	$0	$0	$0
TOMMIE VERHASSELT	DIRECTOR	N/A	Director	$0	$0	$0
GARY OWENS	DIRECTOR	N/A	Director	$0	$0	$0
NICHOLE TAYLOR	DIRECTOR	N/A	Director	$0	$0	$0
CHRISTA LACEY	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL KASE	DIRECTOR	N/A	Director	$0	$0	$0
RICK WEISHEIMER	DIRECTOR	N/A	Director	$0	$0	$0
JENNIFER MORFELD	DIRECTOR	N/A	Director	$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
2023	$390,048	$215,954	$380,992	$174,094

SECOND CHANCE MINISTRIES