SECOND CHANCE INTERL MINISTRIES INC

EIN: 851824906 501(c)(3) Religion

APOPKA, FL

Total Revenue
$287,161
Total Expenses
$190,585
Total Assets
$2,143,275
Net Assets
$762,865
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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
FL
Principal Officer
WESLIN VALENTIN
Phone
5613440661
Tax Period
2024-01-01 to 2024-12-31

SECOND CHANCE INTERL MINISTRIES INC, founded in 2020, is a small nonprofit in the Religion sector that reported $287K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $97K, a strong 34% operating margin.

Mission

WORSHIP GOD

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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 $287,154
Program Service Revenue $0
Investment Income $7
Other Revenue $0
TOTAL REVENUE $287,161

Expense Breakdown

Grants Paid $0
Salaries & Benefits $100
Fundraising Expenses $0
Program Expenses $190,585
Other Expenses $190,485
TOTAL EXPENSES $190,585

Year-over-Year Comparison

2024 2023 Change
Revenue $287,161 $348,715 -0.2%
Expenses $190,585 $90,225 +1.1%
Net Income $96,576 $258,490 -0.6%
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WESLIN VALENTIN PRESIDENT 0.00
Officer Director
$0 $0 $0
Lyndia Valentin VP 0.00
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
2024 $287,161 $190,585 $2,143,275 $96,576
2023 $348,715 $90,225 $2,055,788 $258,490
2022 $241,549 $76,257 $455,324 $165,292
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