Second Chance Center Inc

EIN: 900794239 501(c)(3) Human Services

Aurora, CO

Total Revenue
$11,037,499
Total Expenses
$9,764,319
Total Assets
$21,963,852
Net Assets
$7,951,411
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CO
Principal Officer
Damond McCready
Phone
3035375838
Tax Period
2024-07-01 to 2025-06-30

Second Chance Center Inc, founded in 2012, is a mid-sized nonprofit in the Human Services sector that reported $11.0M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $9.8M left a modest 12% surplus.

Mission

Our goal is to help formerly incarcerated people transition to lives of success and fulfillment. We provide the formerly incarcerated, and their network, with education, resources, and support to successfully re-enter the community and cultivate a rewarding life.

Program Service Accomplishments

Program 1
Expenses: $8,047,224 Revenue: $2,002,241

The mission of Second Chance Center (SCC) is to help formerly incarcerated individuals transition to lives of success and fulfillment. The individuals served by SCC often face significant barriers to...

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The mission of Second Chance Center (SCC) is to help formerly incarcerated individuals transition to lives of success and fulfillment. The individuals served by SCC often face significant barriers to stability, including mental illness, substance use disorders, trauma, limited employment history, and housing instability. Many individuals are released from incarceration with no stable housing, limited family support, and few resources to successfully reintegrate into the community.SCC provides a comprehensive reentry model that integrates care management, peer mentoring, behavioral health navigation, Continued on Schedule O...workforce development, and housing stabilization. At intake, client partners work with care managers to develop individualized life goals and service plans. SCC provides ongoing support to help individuals achieve stability, including access to basic needs such as food, clothing, transportation assistance, health care referrals, and employment services. SCC's model emphasizes "role-modeling possibilities," with many staff members having lived experience with the justice system and serving as mentors and guides for those navigating reentry.Stable housing is a cornerstone of SCC's reentry model. SCC operates a range of housing programs designed to support individuals at different stages of stability, including transitional housing, housing vouchers, affordable workforce and permanent supportive housing.Providence at the Heights, SCC's 50-unit permanent supportive housing community that opened in February 2020, provides long-term housing stability for individuals who have experienced both homelessness and justice involvement. During the fiscal year ending June 30, 2024, all available units were fully occupied, serving more than 60 residents with supportive services designed to promote long-term stability and independence.Building on the success of Providence at the Heights, SCC recently completed development of Residences on Acoma, a 128-unit affordable housing community in Denver that includes 60 permanent supportive housing units and 68 affordable workforce housing units. This development significantly expands housing opportunities for justice-involved individuals and others experiencing housing instability while integrating supportive services that promote long-term success.Through this integrated housing and supportive services model, SCC helps individuals stabilize their lives, secure employment, reconnect with family and community, and build pathways toward long-term independence and fulfillment.

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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 $8,931,512
Program Service Revenue $2,002,241
Investment Income $93,024
Other Revenue $10,722
TOTAL REVENUE $11,037,499

Expense Breakdown

Grants Paid $1,086,687
Salaries & Benefits $6,491,248
Fundraising Expenses $241,860
Program Expenses $8,047,224
Other Expenses $2,186,384
TOTAL EXPENSES $9,764,319

Year-over-Year Comparison

2024 2023 Change
Revenue $11,037,499 $8,886,402 +0.2%
Expenses $9,764,319 $7,483,706 +0.3%
Net Income $1,273,180 $1,402,696 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
117
Volunteers
100

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
8
$523,498
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cherie Mason Chair 2.50
Officer Director
$0 $0 $0
Jennifer Fairweather Vice Chair 2.50
Officer Director
$0 $0 $0
David Maxted Secretary 2.50
Officer Director
$0 $0 $0
Lindsey Simek Cox Treasurer 2.50
Officer Director
$0 $0 $0
Rhoda Blough Director 2.50
Director
$0 $0 $0
Marcus Johnson Director 2.50
Director
$0 $0 $0
Cooper Mojsiejenko Director 2.50
Director
$0 $0 $0
Juston Cooper Director (joined in Oct) 2.50
Director
$0 $0 $0
Damond McCready Executive Director 40.00
Officer
$174,149 $15,539 $189,688
Candice Sporhase-White Deputy Executive Director 40.00
Officer
$164,015 $17,107 $181,122
Ilyas El-Amin Deputy Executive Director 40.00
Officer
$109,649 $5,475 $115,124
Karen DeGroot - Director of Finance (joined in Oct) 40.00
Officer
$33,270 $4,294 $37,564
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 $11,037,499 $9,764,319 $21,963,852 $1,273,180
2024 $8,886,402 $7,483,706 $9,372,621 $1,402,696
2023 $6,311,486 $6,152,701 $10,243,517 $158,785
2022 $7,581,389 $5,535,073 $9,569,626 $2,046,316
2021 $4,950,099 $3,220,337 $4,565,272 $1,729,762
2020 $2,470,697 $2,195,130 $1,344,564 $275,567
2019 $1,977,776 $1,534,517 $784,740 $443,259
2018 $1,190,307 $981,208 $328,731 $209,099
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