Form 990, Page 6, Part VI, Line 7A
“The governing body is self-perpetuating. As vacancies occur, the governing body nominates and elects new members to the board.”
990 • Fiscal year 2017 • EIN 63-1213248
Scores are not available for this record yet.
Assets
Down$160,383
Down $45,515 (-22%) from 2016
Net Assets
Down$152,450
Down $50,261 (-25%) from 2016
Liabilities
Up$7,933
Up $4,746 (+149%) from 2016
Revenue
Down$398,775
Down $55,723 (-12%) from 2016
Expenses
Up$449,036
Up $19,005 (+4.4%) from 2016
Net Income
Down-$50,261
Down $74,728 (-305%) from 2016
Counseling, supervision and support provided for expelled students and at-risk youth and their families in order to enable the young person to complete his/her education. 30-60 students are enrolled at any time.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $148,603 | $155,374 | ▲ $6,771 |
| Pledges and Grants Receivable | $40,648 | - | - |
| Cash and Non-Interest-Bearing Accounts | $16,647 | $5,009 | ▼ $11,638 |
| Total Assets | $205,898 | $160,383 | ▼ $45,515 |
| Liabilities | |||
| Other Liabilities | - | $5,147 | - |
| Accounts Payable and Accrued Expenses | $3,187 | $2,786 | ▼ $401 |
| Total Liabilities | $3,187 | $7,933 | ▲ $4,746 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $202,711 | $152,450 | ▼ $50,261 |
| Total Net Assets Fund Balance | $202,711 | $152,450 | ▼ $50,261 |
| Total Liabilities and Net Assets / Fund Balance | $205,898 | $160,383 | ▼ $45,515 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $150,374 | $250,226 | $400,600 |
| Land | $5,000 | - | $5,000 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Tonya D Barkum | Executive Di | FT | $51,245 | $51,245 |
| Name | Title |
|---|---|
| David Pinnock | Chairman |
| Danita Stapleton | Board |
| Emma E Cole | Board |
| Judge Calvin Williams | Board |
| Rhonda Cherry-smoke | Board |
| Rhonda Wimbley | Board |
| Tracey Pressley | Board |
| Wanda Anderson | Board |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $346,434 |
| Other Expenses | $102,602 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $218,710 | $38,595 | - | $257,305 |
| Current Officers, Directors, Trustees, and Key Employees | $43,558 | $7,687 | - | $51,245 |
| Payroll Taxes | $17,528 | $3,093 | - | $20,621 |
| Occupancy | $7,786 | $10,133 | - | $17,919 |
| Office Expenses | $12,732 | $4,841 | - | $17,573 |
| Other Employee Benefits | - | $17,263 | - | $17,263 |
| Depreciation Depletion | $9,410 | $4,033 | - | $13,443 |
| Insurance | $2,959 | $8,877 | - | $11,836 |
| Information Technology | $7,829 | - | - | $7,829 |
| Fees for Services Accounting | - | $6,725 | - | $6,725 |
| Travel | $4,488 | - | - | $4,488 |
| Other Expenses | $1,296 | $1,297 | - | $2,593 |
| All Other Expenses | $2,100 | - | - | $2,100 |
| Interest | - | $247 | - | $247 |
| Total Functional Expenses | $344,920 | $104,116 | $0 | $449,036 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Line of Credit | $5,147 |
“The governing body is self-perpetuating. As vacancies occur, the governing body nominates and elects new members to the board.”
“The form 990 is presented to and reviewed by the board of directors and approved. If instances occur where the board is not able to review the 990, the board may grant the executive director the authority to review and approve.”
“Executive director compensation is determined by the board of directors at their discretion.”
“Copies of documents are made available to the public upon request.”
“Volunteers consisted of individuals that provided mentoring for students on and off for the year and graduate assistant interns that conducted teaching under supervision.”
“The foundation has adopted the provisions of fasb asc (accounting standards codification) no. 740, accounting for uncertainty in income taxes. As a result of the implementation of asc no. 740, the foundation has not recognized any respective liability for unrecognized tax benefits as it has no know tax positions that would subject the foundation to any material income tax exposure. The tax years that remain subject to examination are the years ended september 30, 2014 to present for all major tax jurisdictions.”
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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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | LINE OF CREDIT |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION HAS ADOPTED THE PROVISIONS OF FASB ASC (ACCOUNTING STANDARDS CODIFICATION) NO. 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AS A RESULT OF THE IMPLEMENTATION OF ASC NO. 740, THE FOUNDATION HAS NOT RECOGNIZED ANY RESPECTIVE LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS IT HAS NO KNOW TAX POSITIONS THAT WOULD SUBJECT THE FOUNDATION TO ANY MATERIAL INCOME TAX EXPOSURE. THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION ARE THE YEARS ENDED SEPTEMBER 30, 2014 TO PRESENT FOR ALL MAJOR TAX JURISDICTIONS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
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| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | VOLUNTEERS CONSISTED OF INDIVIDUALS THAT PROVIDED MENTORING FOR STUDENTS ON AND OFF FOR THE YEAR AND GRADUATE ASSISTANT INTERNS THAT CONDUCTED TEACHING UNDER SUPERVISION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE GOVERNING BODY IS SELF-PERPETUATING. AS VACANCIES OCCUR, THE GOVERNING BODY NOMINATES AND ELECTS NEW MEMBERS TO THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE FORM 990 IS PRESENTED TO AND REVIEWED BY THE BOARD OF DIRECTORS AND APPROVED. IF INSTANCES OCCUR WHERE THE BOARD IS NOT ABLE TO REVIEW THE 990, THE BOARD MAY GRANT THE EXECUTIVE DIRECTOR THE AUTHORITY TO REVIEW AND APPROVE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EXECUTIVE DIRECTOR COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS AT THEIR DISCRETION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | COPIES OF DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 1, PART I, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990/TotalEmployeeCnt | 0 | 9 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
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| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 344920 |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 7933 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 3187 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 7933 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 202711 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 152450 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 344920 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 51245 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 864 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 398775 |
| IRS990/TotalVolunteersCnt | 0 | 2 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 160383 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 4488 |
| IRS990/TravelGrp/TotalAmt | 0 | 4488 |
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| IRS990/TypeOfOrganizationOtherInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 202711 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 152450 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 810 CEDAR STREET |
| IRS990/USAddress/CityNm | 0 | MONTGOMERY |
| IRS990/USAddress/StateAbbreviationCd | 0 | AL |
| IRS990/USAddress/ZIPCd | 0 | 36106 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 8 |
| IRS990/VotingMembersIndependentCnt | 0 | 8 |
| IRS990/WebsiteAddressTxt | 0 | WWW.2NDCHANCE.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TONYA D BARKUM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3342639733 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-08-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SECOND CHANCE FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SECO |
| ReturnHeader/Filer/EIN | 0 | 631213248 |
| ReturnHeader/Filer/PhoneNum | 0 | 3342639733 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 810 CEDAR STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MONTGOMERY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 36106 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 890538CE09F43AC42126E388C70213B669A1924E |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 890538CE09F43AC42126E388C70213B669A1924E |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 631019880 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RICHARD HARRIS INGRAM AND BOZEMAN PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 7029 HALCYON PARK DRIVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MONTGOMERY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 36117 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3342778135 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-08-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | A SCOTT LEE |
| ReturnHeader/ReturnTs | 0 | 2018-08-15T15:57:55-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-09-30 |
| ReturnHeader/TaxYr | 0 | 2016 |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.