Civic Intelligence

Second Chance Community Outreach Inc

EIN 20-0726829 • 501(c)3 • Ridgeland, SC

Profile

The mission of Second Chance Community Outreach Inc SCCO is to create opportunities which impact improve and or sustain the quality of people's everyday life . We exist to encourage ongoing rebuilding efforts within communities worldwide. We identify a need and together we meet it. Our vision is redefining capital and taking the risk out of lending. SCCO believes the best form of capital is human capital and collectively we are utilizing resources time and money to demonstrate it. The mission involves developing and promoting black business enterprises through education training loans investments support and other activities which aggressively mobilize and create sustainable quality of life for minorities.

15 Three Tee CircleRidgeland, SC 29936

www.sccdfibank.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.13x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

82nd percentile

0.10x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

49th percentile

0.9%

Higher net margin than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

45th percentile

-4.6%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

25%

Faster revenue growth than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$47,881

Down $2,309 (-4.6%) from 2020

Liabilities

Down

$6,061

Down $2,865 (-32%) from 2020

Net Assets

Up

$41,820

Up $556 (+1.3%) from 2020

Operations
Liabilities / Revenue82nd percentileNet Margin49th percentile

Revenue

Up

$61,959

Up $12,459 (+25%) from 2020

Expenses

Up

$61,403

Up $51,789 (+539%) from 2020

Net Income

Down

$556

Down $39,330 (-99%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2018: $50,540Liabilities 2018: $50,000Net Assets 2018: $5402018Assets 2019: $1,378Liabilities 2019: $0Net Assets 2019: $1,3782019Assets 2020: $50,190Liabilities 2020: $8,926Net Assets 2020: $41,2642020Assets 2021: $47,881Liabilities 2021: $6,061Net Assets 2021: $41,8202021

Highlighted filing

2021

Assets$47,881
Liabilities$6,061
Net Assets$41,820
Open 2021 Filing

Operations Trend

Revenue Growth75th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0Revenue 2018: $50,540Expenses 2018: $50,000Net Income 2018: $5402018Revenue 2019: $167,008Expenses 2019: $166,170Net Income 2019: $8382019Revenue 2020: $49,500Expenses 2020: $9,614Net Income 2020: $39,8862020Revenue 2021: $61,959Expenses 2021: $61,403Net Income 2021: $5562021

Highlighted filing

2021

Revenue$61,959
Expenses$61,403
Net Income$556
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$47,881
Liabilities
$6,061
Net assets
$41,820
Revenue
$61,959
Expenses
$61,403
Net income
$556
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.48$0.06$0.42$0.62$0.61$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.50$0.09$0.41$0.50$0.10$0.40
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$1.67$1.66$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.51$0.50$0.01$0.51$0.50$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 16, 2022
Return Version
2021v4.0
Gross Receipts
$64,574
Mission and Program Overview

Mission

The mission of Second Chance Community Outreach Inc SCCO is to create opportunities which impact improve and or sustain the quality of people's everyday life . We exist to encourage ongoing rebuilding efforts within communities worldwide. We identify a need and together we meet it. Our vision is redefining capital and taking the risk out of lending. SCCO believes the best form of capital is human capital and collectively we are utilizing resources time and money to demonstrate it. The mission involves developing and promoting black business enterprises through education training loans investments support and other activities which aggressively mobilize and create sustainable quality of life for minorities.

Program Services

DescriptionGrantsExpenses
BIPOC Small Business Accelerator Pilot$0$20,000
Lowcountry Minority Survey - Research and Development$0$0
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sheree DarienExecutive Director FounderFT$23,750$71,250$95,000
Darryl BowersBoard ChairPT$0--
Wanda PalmerSecretary Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Second Chance Community Outreach Inc
EIN
20-0726829
In Care Of
% Sheree Darien
Phone
8437261436
Address
15 Three Tee Circle, Ridgeland, SC 29936

Signing Officer

Name
Sheree Darien
Title
Executive Director
Signed
2022-11-16
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Doing Business As Names

“Second Chance CDFI Bank”

Part I, line 10

“| Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:| Sponsorship, TCL Culinary Institute, "921 Ribaut Road Beaufort SC 29901", $600.00, None|”

Part I, line 16

“| Other Expenses:, Amount:| Other organizational administrative expenses, $22597.00|”

Part II, line 26

“| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, $8926, $6061|”

Raw XML Appendix152 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Darryl Bowers
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Second Chance CDFI Bank
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:| Sponsorship, TCL Culinary Institute, "921 Ribaut Road Beaufort SC 29901", $600.00, None|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Other Expenses:, Amount:| Other organizational administrative expenses, $22597.00|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, $8926, $6061|
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/EIN0200726829
ReturnHeader/Filer/InCareOfNm0% Sheree Darien
ReturnHeader/Filer/PhoneNum08437261436
ReturnHeader/Filer/USAddress/AddressLine1Txt015 Three Tee Circle
ReturnHeader/Filer/USAddress/CityNm0Ridgeland
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029936
ReturnHeader/ReturnTs02022-11-16T11:50:01-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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