Civic Intelligence

Third Chance Inc.

990EZ • Fiscal year 2021 • EIN 61-1573551

Jan 01, 2021 to Dec 31, 2021 • Filed on May 04, 2022

Organization ProfileN/A
PO Box 1779Fort Walton Beach, FL 32549

(850) 685-3682

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

58th percentile

15%

Higher net margin than 58% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

57th percentile

11%

Faster asset growth than 57% of similar nonprofits.

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

Revenue Growth

73rd percentile

44%

Faster revenue growth than 73% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$50,804

Up $4,896 (+11%) from 2020

Net Assets

Up

$50,804

Up $4,896 (+11%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin58th percentile

Revenue

Up

$41,308

Up $12,688 (+44%) from 2020

Expenses

Up

$35,306

Up $17,440 (+98%) from 2020

Net Income

Down

$6,002

Down $4,752 (-44%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$60K$40K$20K$0Assets 2015: $4,544Liabilities 2015: $02015Assets 2016: $36,333Liabilities 2016: $02016Assets 2017: $52,995Liabilities 2017: $02017Assets 2018: $54,566Liabilities 2018: $02018Assets 2019: $35,154Net Assets 2019: $35,1542019Assets 2020: $45,908Net Assets 2020: $45,9082020Assets 2021: $50,804Net Assets 2021: $50,8042021Assets 2022: $39,311Net Assets 2022: $39,3112022Assets 2023: $43,468Net Assets 2023: $43,4682023Assets 2024: $38,192Net Assets 2024: $38,1922024

Highlighted filing

2021

Assets$50,804
Liabilities-
Net Assets$50,804
Open 2021 Filing

Operations Trend

Revenue Growth73rd percentile

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

$100K$50K$0-$50KRevenue 2015: $4,544Expenses 2015: $0Net Income 2015: $4,5442015Revenue 2016: $31,789Expenses 2016: $0Net Income 2016: $31,7892016Revenue 2017: $68,392Expenses 2017: $39,173Net Income 2017: $29,2192017Revenue 2018: $66,722Expenses 2018: $65,151Net Income 2018: $1,5712018Revenue 2019: $32,766Expenses 2019: $52,178Net Income 2019: -$19,4122019Revenue 2020: $28,620Expenses 2020: $17,866Net Income 2020: $10,7542020Revenue 2021: $41,308Expenses 2021: $35,306Net Income 2021: $6,0022021Revenue 2022: $28,363Expenses 2022: $43,292Net Income 2022: -$14,9292022Revenue 2023: $37,199Expenses 2023: $33,042Net Income 2023: $4,1572023Revenue 2024: $30,982Expenses 2024: $36,258Net Income 2024: -$5,2762024

Highlighted filing

2021

Revenue$41,308
Expenses$35,306
Net Income$6,002
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 4, 2022
Return Version
2021v4.1
Gross Receipts
$41,308
Mission and Program Overview

Mission

To raise the economic, educational and social levels of the community, particularly those who are substantially unemployed

Program Services

DescriptionGrantsExpenses
David Stevenson Memorial Scholarship - providescholarships for high school seniors$10,000$10,000
Nailed Productions - upgrade to video system in the Life Center$9,073$9,073
11th District Disaster ReliefProvide assistance to hurricane countries$3,000$3,000
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cecil WilliamsPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Third Chance Inc
EIN
61-1573551
Phone
8506853682
Address
PO Box 1779, Fort Walton Beach, FL 32549

Signing Officer

Name
Cecil Williams
Title
President
Phone
8506853682
Signed
2022-05-04

Preparer

Firm
Pitell Law Firm Pl
Address
PO BOX 5148, NICEVILLE, FL 32578
Preparer
Lisa Y Shorts Pitell
Phone
8508970045
Supplemental Narrative

Additional Explanations

Pt V, Line 33

“Organization was a receipient of a Schedule K1 for bingo/gaming activities and income received therefrom”

Other

“Box 1 amount is greater than actual distribution”

Other

“received thus adjustment of -$1,106.00.”

Form 990EZ, Part I, Line 8

“Schedule K1 from Mary Esther Bingo Charities 40808.”

Form 990EZ, Part I, Line 16

“Other Expenses 24188.”

Raw XML Appendix155 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Cecil Williams
IRS990EZ/BooksInCareOfDetail/PhoneNum08506853682
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 1779
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Fort Walton Beach
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd032459
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt045908
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt050804
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0500
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt06002
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt045908
IRS990EZ/Form990TotalAssetsGrp/EOYAmt050804
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt041308
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt045908
IRS990EZ/NetAssetsOrFundBalancesEOYAmt050804
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt045908
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt050804
IRS990EZ/OccupancyRentUtltsAndMaintAmt011118
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Cecil Williams
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0true
IRS990EZ/OrganizationHadUBIInd0true
IRS990EZ/OtherChangesInNetAssetsAmt0-1106
IRS990EZ/OtherExpensesTotalAmt024188
IRS990EZ/OtherRevenueTotalAmt040808
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To raise the economic, educational and social levels of the community, particularly those who are substantially unemployed
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0David Stevenson Memorial Scholarship - providescholarships for high school seniors
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Nailed Productions - upgrade to video system in the Life Center
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt211th District Disaster ReliefProvide assistance to hurricane countries
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt010000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt19073
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt23000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt010000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt19073
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt23000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt035306
IRS990EZ/TotalProgramServiceExpensesAmt022073
IRS990EZ/TotalRevenueAmt041308
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt024188
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt028620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt051364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt026050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt034333
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0164555
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84680
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.69510
IRS990ScheduleA/PublicSupportTotal170Amt0164555
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt024188
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt028620
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt051364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt026050
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt034333
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0164555
IRS990ScheduleA/TotalSupportAmt0194337
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt029782
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt029782
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organization was a receipient of a Schedule K1 for bingo/gaming activities and income received therefrom
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Box 1 amount is greater than actual distribution
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2received thus adjustment of -$1,106.00.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Schedule K1 from Mary Esther Bingo Charities 40808.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Other Expenses 24188.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 33
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Cecil Williams
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08506853682
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Third Chance Inc
ReturnHeader/Filer/BusinessNameControlTxt0THIR
ReturnHeader/Filer/EIN0611573551
ReturnHeader/Filer/PhoneNum08506853682
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1779
ReturnHeader/Filer/USAddress/CityNm0Fort Walton Beach
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032549
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203448270
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PITELL LAW FIRM PL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 5148
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NICEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032578
ReturnHeader/PreparerPersonGrp/PhoneNum08508970045
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lisa Y Shorts Pitell
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-05-10T07:03:20-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Cecil
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Williams
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$50,804
Liabilities
-
Net assets
$50,804
Revenue
$41,308
Expenses
$35,306
Net income
$6,002
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$38.2$38.2$31.0$36.3$5.28
2023Detailed filing. Detailed filing data is available for this year.$43.5$43.5$37.2$33.0$4.16
2022Detailed filing. Detailed filing data is available for this year.$39.3$39.3$28.4$43.3$14.9
2021Detailed filing. Detailed filing data is available for this year.$50.8$50.8$41.3$35.3$6.00
2020Detailed filing. Detailed filing data is available for this year.$45.9$45.9$28.6$17.9$10.8
2019Detailed filing. Detailed filing data is available for this year.$35.2$35.2$32.8$52.2$19.4
2018Summary only. Only limited summary data is available for this year.$54.6$0.00$66.7$65.2$1.57
2017Summary only. Only limited summary data is available for this year.$53.0$0.00$68.4$39.2$29.2
2016Summary only. Only limited summary data is available for this year.$36.3$0.00$31.8$0.00$31.8
2015Summary only. Only limited summary data is available for this year.$4.54$0.00$4.54$0.00$4.54