Civic Intelligence

Second Chances Inc.

990EZ • Fiscal year 2020 • EIN 30-0307254

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 27, 2021

PO Box 441328Somerville, MA 02144

(617) 666-0280

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

57th percentile

0.01x

Higher debt load relative to revenue than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

67th percentile

17%

Higher net margin than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

62nd percentile

14%

Faster asset growth than 62% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2020

Revenue Growth

79th percentile

20%

Faster revenue growth than 79% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2020

Assets

Up

$215,743

Up $29,296 (+16%) from 2019

Net Assets

Up

$214,855

Up $28,950 (+16%) from 2019

Liabilities

Up

$888

Up $346 (+64%) from 2019

Revenue

Up

$170,043

Up $40,937 (+32%) from 2019

Expenses

Up

$141,093

Up $39,932 (+39%) from 2019

Net Income

Up

$28,950

Up $1,005 (+3.6%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2017: $147,480Liabilities 2017: $2,566Net Assets 2017: $144,9142017Assets 2018: $158,209Liabilities 2018: $249Net Assets 2018: $157,9602018Assets 2019: $186,447Liabilities 2019: $542Net Assets 2019: $185,9052019Assets 2020: $215,743Liabilities 2020: $888Net Assets 2020: $214,8552020Assets 2021: $264,832Liabilities 2021: $104Net Assets 2021: $264,7282021Assets 2022: $302,668Liabilities 2022: $1,933Net Assets 2022: $300,7352022Assets 2023: $408,519Liabilities 2023: $7,457Net Assets 2023: $401,0622023Assets 2024: $408,325Liabilities 2024: $14,456Net Assets 2024: $393,8692024

Highlighted filing

2020

Assets$215,743
Liabilities$888
Net Assets$214,855

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2017: $98,295Expenses 2017: $77,231Net Income 2017: $21,0642017Revenue 2018: $92,005Expenses 2018: $78,959Net Income 2018: $13,0462018Revenue 2019: $129,106Expenses 2019: $101,161Net Income 2019: $27,9452019Revenue 2020: $170,043Expenses 2020: $141,093Net Income 2020: $28,9502020Revenue 2021: $199,346Expenses 2021: $149,473Net Income 2021: $49,8732021Revenue 2022: $235,181Expenses 2022: $199,173Net Income 2022: $36,0082022Revenue 2023: $365,353Expenses 2023: $265,026Net Income 2023: $100,3272023Revenue 2024: $255,587Expenses 2024: $262,780Net Income 2024: -$7,1932024

Highlighted filing

2020

Revenue$170,043
Expenses$141,093
Net Income$28,950
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 27, 2021
Return Version
2020v4.1
Gross Receipts
$170,043
Mission and Program Overview

Mission

Providing clothing to homeless people and recycling textiles

Program Services

DescriptionGrantsExpenses
CLOTHING DONATION PROGRAM: COLLECTED, RECYCLED, REUSED 222,000 POUNDS OF CLOTHING, SHOES, AND ACCESSORIES TO BENEFIT LOCAL HOMELESS AND LOW-INCOME CLIENTS. DISTRIBUTED FREE CLOTHING AND GIFT CARDS TO 322 PEOPLE PLUS 1,425 PAIRS OF SOCKS TO PEOPLE IN NEED IN OUR SERVICE AREA.$0$90,487
COMMUNITY BUILDING, EDUCATION, REFERRALS: REACHED MORE THAN 38,000 PEOPLE AND ORGANIZATIONS, AND WORKED WITH MORE THAN 30 INDIVIDUAL AND CORPORATE/INSTITUTIONAL VOLUNTEERS.$0$15,968
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANDREA SHAPIROCEO, PresidentPT$71,923-$71,923
FIONA CRIMMINSVice President-$0--
PAUL CONNOLLYTreasurer-$0--
KATHERINE BERLINERClerk-$0--
DANIELE LEVINEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Second Chances Inc
EIN
30-0307254
Phone
6176660280
Address
PO BOX 441328, SOMERVILLE, MA 02144

Signing Officer

Name
Andrea Shapiro
Title
CEO, President
Phone
6176660280
Signed
2021-04-27
Discuss with paid preparer
Yes

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Joyce Ripianzi CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 250.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: program expenses. Amount: 26,176. Description: office supplies. Amount: 2,120. Description: insurance. Amount: 2,712. Description: board expenses. Amount: 479. Description: bank fees. Amount: 428. Description: licenses and filing fees. Amount: 140. Description: payroll processing fees. Amount: 809. Description: professional development. Amount: 799. Total to form 990-ez, line 16: 33,663.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 8,976. End of year amount: 17,920. Description: prepaid insurance. Beg. Of year amount: 2,641. End of year amount: 2,521. Description: clothing inventory. Beg. Of year amount: 4,000. End of year amount: 5,000. Description: gift card inventory. Beg. Of year amount: 280. End of year amount: 680. Description: other prepaid. Beg. Of year amount: 0. End of year amount: 2,014. Description: other depreciable assets. Beg. Of year amount: 6,140. End of year amount: 3,656.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: credit card payable. Beg. Of year amount: 542. End of year amount: 888.

Raw XML Appendix179 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/PersonNm4DANIELE LEVINE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt031791
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt033663
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0PROVIDING CLOTHING TO HOMELESS PEOPLE AND RECYCLING TEXTILES
IRS990EZ/PrintingPublicationsPostageAmt01999
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1COMMUNITY BUILDING, EDUCATION, REFERRALS: REACHED MORE THAN 38,000 PEOPLE AND ORGANIZATIONS, AND WORKED WITH MORE THAN 30 INDIVIDUAL AND CORPORATE/INSTITUTIONAL VOLUNTEERS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 26,176. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 2,120. DESCRIPTION: INSURANCE. AMOUNT: 2,712. DESCRIPTION: BOARD EXPENSES. AMOUNT: 479. DESCRIPTION: BANK FEES. AMOUNT: 428. DESCRIPTION: LICENSES AND FILING FEES. AMOUNT: 140. DESCRIPTION: PAYROLL PROCESSING FEES. AMOUNT: 809. DESCRIPTION: PROFESSIONAL DEVELOPMENT. AMOUNT: 799. TOTAL TO FORM 990-EZ, LINE 16: 33,663.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 8,976. END OF YEAR AMOUNT: 17,920. DESCRIPTION: PREPAID INSURANCE. BEG. OF YEAR AMOUNT: 2,641. END OF YEAR AMOUNT: 2,521. DESCRIPTION: CLOTHING INVENTORY. BEG. OF YEAR AMOUNT: 4,000. END OF YEAR AMOUNT: 5,000. DESCRIPTION: GIFT CARD INVENTORY. BEG. OF YEAR AMOUNT: 280. END OF YEAR AMOUNT: 680. DESCRIPTION: OTHER PREPAID. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,014. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 6,140. END OF YEAR AMOUNT: 3,656.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: CREDIT CARD PAYABLE. BEG. OF YEAR AMOUNT: 542. END OF YEAR AMOUNT: 888.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ANDREA SHAPIRO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO, PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06176660280
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SECOND CHANCES INC
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ReturnHeader/Filer/EIN0300307254
ReturnHeader/Filer/PhoneNum06176660280
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002144
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042571780
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AAFCPAS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 WASHINGTON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTBOROUGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001581
ReturnHeader/PreparerPersonGrp/PhoneNum05083669100
ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOYCE RIPIANZI CPA
ReturnHeader/ReturnTs02021-04-28T09:11:59-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANDREA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHAPIRO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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