Second Chance Outreach Hope for Homies (EIN 832445419) - 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

2020

Legal Domicile

Principal Officer

Jose Garcia

Tax Period

2022-01-01 to 2022-12-31

Second Chance Outreach Hope for Homies, founded in 2020, is a small nonprofit in the Human Services sector that reported $451K in total revenue in fiscal year 2022. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

Community outreach program to help those who are or have been incarcerated.

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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 $451,079

Program Service Revenue $0

Investment Income $126

Other Revenue $0

TOTAL REVENUE $451,205

Expense Breakdown

Grants Paid $0

Salaries & Benefits $193,866

Fundraising Expenses $829

Program Expenses $434,669

Other Expenses $275,956

TOTAL EXPENSES $469,822

Year-over-Year Comparison

	2022	2021	Change
Revenue	$451,205	$393,243	+0.1%
Expenses	$469,822	$342,050	+0.4%
Net Income	$-18,617	$51,193	-1.4%

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

N/A

Employees

Volunteers

N/A

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

$88,251

Total Directors

$90,201

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jose Garcia	Executive Dir.	40.00	Officer Director	$88,251	$0	$88,251
Christopher Ortiz	Director	8.00	Director	$1,950	$0	$1,950
Michael Adams	President	8.00	Officer Director	$0	$0	$0
David Garcia	Director	8.00	Director	$0	$0	$0
Astrid Colon Torres	Director	8.00	Director	$0	$0	$0
Amy Turi	Director	8.00	Director	$0	$0	$0
Chrystal Litz	Director	8.00	Director	$0	$0	$0
Rachel Wattley	Director	8.00	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
2024	No data	No data	No data	No data
2022	$451,205	$469,822	$103,194	$-18,617
2021	$403,893	$342,050	$122,577	$61,843

Second Chance Outreach Hope for Homies