SECOND CHANCE GLOBAL INC

EIN: 812811183 501(c)(3) Human Services

KNOXVILLE, TN

Total Revenue
$867,513
Total Expenses
$862,145
Total Assets
$493,071
Net Assets
$339,192
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NC
Principal Officer
JEFFERY PETRESS
Phone
8652176150
Tax Period
2024-07-01 to 2025-06-30

SECOND CHANCE GLOBAL INC, founded in 2016, is a small nonprofit in the Human Services sector that reported $868K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum.

Mission

SECOND CHANCE GLOBAL INC. IS COMMITTED TO MAXIMIZING THE DEVELOPMENT OF EACH PERSON TO IMPACT THE WORLD FOR CHRIST BY RELENTLESSLY PURSUING EMPOWERMENT TO BREAK GENERATIONAL POVERTY. THERE ARE TWO PRIMARY PROGRAMS TO ACCOMPLISH THIS MISSION: SECOND CHANCE HAITI AND SECOND CHANCE DOMINICAN REPUBLIC. WITHIN THE PRIMARY PROGRAMS, THERE ARE MANY OPERATIONAL PROGRAMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $895,877
Program Service Revenue $0
Investment Income $339
Other Revenue $-28,703
TOTAL REVENUE $867,513

Expense Breakdown

Grants Paid $203,040
Salaries & Benefits $274,454
Fundraising Expenses $36,188
Program Expenses $758,753
Other Expenses $384,651
TOTAL EXPENSES $862,145

Year-over-Year Comparison

2024 2023 Change
Revenue $867,513 $677,080 +0.3%
Expenses $862,145 $700,299 +0.2%
Net Income $5,368 $-23,219 -1.2%
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

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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
9
Independent Members
9
Employees
6
Volunteers
157

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
5
$132,854
Total Directors
9
$132,854
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDY SHOFFNER BOARD MEMBER 5.00
Director
$0 $0 $0
MONTA PATTISON BOARD MEMBER 5.00
Director
$0 $0 $0
PHILLIP MERCER BOARD MEMBER 5.00
Director
$0 $0 $0
JONATHAN LAWSON BOARD MEMBER 5.00
Director
$0 $0 $0
ASHLEY PETRESS EXECUTIVE DIRECTOR 40.00
Officer Director
$75,395 $0 $75,395
MIKE DAVIS TREASURER 5.00
Officer Director
$0 $0 $0
JOANIE CHAMBERLAIN SECRETARY 10.00
Officer Director
$0 $0 $0
JEFFERY ALLEN PETRESS JR OPERATIONS DIRECTOR 40.00
Officer Director
$57,459 $0 $57,459
TADD GRANDSTAFF CHAIRMAN 5.00
Officer 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
2025 $867,513 $862,145 $493,071 $5,368
2024 $677,080 $700,299 $451,453 $-23,219
2023 $298,719 $270,748 $352,305 $27,971
2022 $658,315 $639,251 $323,670 $19,064
2021 $565,175 $585,805 $296,273 $-20,630
2020 $521,163 $499,724 $312,237 $21,439
2019 $253,990 $212,865 $181,216 $41,125
2018 $325,522 $230,367 $163,933 $95,155
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