Civic Intelligence

Third Chance Inc.

990EZ • Fiscal year 2022 • EIN 61-1573551

Jan 01, 2022 to Dec 31, 2022 • Filed on May 05, 2023

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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

10th percentile

-53%

Higher net margin than 10% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

20th percentile

-23%

Faster asset growth than 20% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

18th percentile

-31%

Faster revenue growth than 18% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$39,311

Down $11,493 (-23%) from 2021

Net Assets

Down

$39,311

Down $11,493 (-23%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin10th percentile

Revenue

Down

$28,363

Down $12,945 (-31%) from 2021

Expenses

Up

$43,292

Up $7,986 (+23%) from 2021

Net Income

Down

-$14,929

Down $20,931 (-349%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth20th 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

2022

Assets$39,311
Liabilities-
Net Assets$39,311
Open 2022 Filing

Operations Trend

Revenue Growth18th 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

2022

Revenue$28,363
Expenses$43,292
Net Income-$14,929
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 5, 2023
Return Version
2022v5.0
Gross Receipts
$28,363
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
Emerald Coast Fitness Foundation - sponsoredyouth swimming program$5,000$5,000
Panhandle Elite Rockets - sponsored travel basketball$4,200$4,200
Rocco's Catering - sponsored Elder appreciation$2,500$2,500
Compensation and Service Providers
Top Officer Pay78th 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
2023-05-05

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”

Form 990EZ, Part I, Line 8

“Schedule K1 from Mary Esther Bingo Charities 28363.”

Form 990EZ, Part I, Line 10

“Sponsored youth swimming program; Program Services; Emerald Coast Fitness Foundation: 4345 Commons Dr W, Destin, FL, 32541; Charity, 5000.”

Form 990EZ, Part I, Line 10

“Sponsored travel basketball; Program Services; Panhandle Elite Rockets: 123, Fort Walton Beach, FL, 32548; Charity, 4200.”

Form 990EZ, Part I, Line 10

“Sponsored Elder appreciation; General Expense; Rocco's Catering: 9-21 Miracle Strip Pkwy SW, Fort Walton Beach, FL, 32548; Business, 2500.”

Form 990EZ, Part I, Line 16

“Other Expenses 31390.”

Raw XML Appendix158 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/BOYAmt050804
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt039311
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-14929
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt050804
IRS990EZ/Form990TotalAssetsGrp/EOYAmt039311
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt011700
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt028363
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt050804
IRS990EZ/NetAssetsOrFundBalancesEOYAmt039311
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt050804
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt039311
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/OtherChangesInNetAssetsAmt03436
IRS990EZ/OtherExpensesTotalAmt031390
IRS990EZ/OtherRevenueTotalAmt028363
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/PrintingPublicationsPostageAmt0202
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Emerald Coast Fitness Foundation - sponsoredyouth swimming program
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Panhandle Elite Rockets - sponsored travel basketball
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Rocco's Catering - sponsored Elder appreciation
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt05000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt14200
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt22500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt14200
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt22500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt043292
IRS990EZ/TotalProgramServiceExpensesAmt011700
IRS990EZ/TotalRevenueAmt028363
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt024188
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt028620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt051364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt026050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0130222
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.84680
IRS990ScheduleA/PublicSupportTotal170Amt0130222
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt024188
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt028620
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt051364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt026050
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0130222
IRS990ScheduleA/TotalSupportAmt0130222
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organization was a receipient of a Schedule K1 for bingo/gaming activities and income received therefrom
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Schedule K1 from Mary Esther Bingo Charities 28363.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Sponsored youth swimming program; Program Services; Emerald Coast Fitness Foundation: 4345 Commons Dr W, Destin, FL, 32541; Charity, 5000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Sponsored travel basketball; Program Services; Panhandle Elite Rockets: 123, Fort Walton Beach, FL, 32548; Charity, 4200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Sponsored Elder appreciation; General Expense; Rocco's Catering: 9-21 Miracle Strip Pkwy SW, Fort Walton Beach, FL, 32548; Business, 2500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Other Expenses 31390.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 33
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Cecil Williams
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08506853682
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-05
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/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02023-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lisa Y Shorts Pitell
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-05-08T13:53:28-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Cecil
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Williams
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,311
Liabilities
-
Net assets
$39,311
Revenue
$28,363
Expenses
$43,292
Net income
-$14,929
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