Liabilities / Assets
62nd percentile
Higher debt load relative to assets than 62% of similar nonprofits.
Second Chance Toys Inc.
990EZ • Fiscal year 2015 • EIN 80-0581325
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.04x
Liabilities / Revenue
64th percentile
Higher debt load relative to revenue than 64% of similar nonprofits.
Net Margin
16th percentile
Higher net margin than 16% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 25.4% of source-year revenue.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
15th percentile
Faster revenue growth than 15% of similar nonprofits.
Balance Sheet
Assets
Down$96,864
Down $22,900 (-19%) from 2014
Net Assets
Down$93,364
Down $22,900 (-20%) from 2014
Liabilities
Flat$3,500
Flat from 2014
Revenue And Expenses
Revenue
Down$138,208
Down $61,276 (-31%) from 2014
Expenses
Up$161,108
Up $9,809 (+6.5%) from 2014
Net Income
Down-$22,900
Down $71,085 (-148%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Apr 11, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $138,208
Mission and Program Overview
Mission
Second chance toys rescues and recycles plastic toys for children in need at local community organizations while at the same time, helping the environment.
Second Chance Toys rescues and recycles plastic toys for children in need at local community organizations while at the same time, helping theenvironment.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Many plastic toys are disposed of when they could still be used. Given the nature of plastic, these toys often show little signs of wear and are still in good working condition. When these perfectly useable toys are thrown out, they become waste in a landfill, take up a lot of space and do not biodegrade. Hand in hand with this unnecessary waste is the fact that many children throughout the United States, who could benefit from these toys, go without them. Toys can be important to a child's development and can help with creativity and imagination. Second Chance Toys has developed a system for collecting these toys and distributing them to local organizations who support children in need. Second Chance Toys collected and donated over 20,000 toys during 2015. | $20,000 | $141,108 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Bronna Lipton | President/Director | PT | $35,125 | - | $35,125 |
| Sheldon Lipton | Vice President/Director | - | $0 | - | - |
| Sasha Lipton | Vice President/Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Second Chance Toys Inc
- EIN
- 80-0581325
- Phone
- 9083108888
- Address
- 61 W 62nd Street No 12M, New York, NY 10023
Signing Officer
- Name
- Sheldon Lipton
- Title
- Vice President
- Phone
- 9083108888
- Signed
- 2016-04-11
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Weisermazars Llp
- Address
- 135 WEST 50TH STREET, NEW YORK, NY 10020
- Preparer
- Israel Tannenbaum
- Phone
- 2128127000
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 4 - Other Investment Income
“Description: Interest. Amount: 352.”
Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity Classification: Toy Grants. Grantee Name: Various. Property Description: used Toys. Method Used to Determine Book Value: $2 per used toy. Method Used to Determine FMV: $2 per used toy. Amount Given: 40,000.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: office. Amount: 695. Description: INSURANCE. Amount: 1,834. Description: Travel and meetings. Amount: 3,653. Description: Technology. Amount: 2,162. Description: Other. Amount: 1,450. Description: Amortization. Amount: 2,360. Total to Form 990-EZ, line 16: 12,154.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: Website Development costs. Beg. of Year Amount: 4,720. End of Year Amount: 2,360. Description: Contribution Receivable. Beg. of Year Amount: 45,000. End of Year Amount: 5,000.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: Accounts Payable and Accrued Expenses. Beg. of Year Amount: 3,500. End of Year Amount: 3,500.”
Raw XML Appendix162 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Sheldon Lipton |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9083108888 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 61 W 62nd Street |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | New York |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10023 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 70044 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 89504 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 137856 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -22900 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 40788 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 119764 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 96864 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 40000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 138208 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 352 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 116264 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 93364 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 116264 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 93364 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 450 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 30.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 35125 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Bronna Lipton |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Sheldon Lipton |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Sasha Lipton |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President/Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President/Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Vice President/Director |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 49720 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 7360 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 12154 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Second Chance Toys rescues and recycles plastic toys for children in need at local community organizations while at the same time, helping theenvironment. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1366 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Many plastic toys are disposed of when they could still be used. Given the nature of plastic, these toys often show little signs of wear and are still in good working condition. When these perfectly useable toys are thrown out, they become waste in a landfill, take up a lot of space and do not biodegrade. Hand in hand with this unnecessary waste is the fact that many children throughout the United States, who could benefit from these toys, go without them. Toys can be important to a child's development and can help with creativity and imagination. Second Chance Toys has developed a system for collecting these toys and distributing them to local organizations who support children in need. Second Chance Toys collected and donated over 20,000 toys during 2015. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 20000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 141108 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 66350 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NJ |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 1 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3500 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3500 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 161108 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 141108 |
| IRS990EZ/TotalRevenueAmt | 0 | 138208 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.secondchancetoys.org |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 137856 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 199271 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 154025 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 116574 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 116856 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 724582 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 352 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 213 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 206 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 315 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 403 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1489 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.33500 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.34220 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 243219 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 481363 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 137856 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 199271 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 154025 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 116574 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 116856 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 724582 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 726071 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: Interest. Amount: 352. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Activity Classification: Toy Grants. Grantee Name: Various. Property Description: used Toys. Method Used to Determine Book Value: $2 per used toy. Method Used to Determine FMV: $2 per used toy. Amount Given: 40,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: office. Amount: 695. Description: INSURANCE. Amount: 1,834. Description: Travel and meetings. Amount: 3,653. Description: Technology. Amount: 2,162. Description: Other. Amount: 1,450. Description: Amortization. Amount: 2,360. Total to Form 990-EZ, line 16: 12,154. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: Website Development costs. Beg. of Year Amount: 4,720. End of Year Amount: 2,360. Description: Contribution Receivable. Beg. of Year Amount: 45,000. End of Year Amount: 5,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description: Accounts Payable and Accrued Expenses. Beg. of Year Amount: 3,500. End of Year Amount: 3,500. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 4 - Other Investment Income |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 24 - Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The 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. |
| ReturnHeader/BuildTS | 0 | 2016-09-27 15:27:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Sheldon Lipton |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Vice President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9083108888 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-04-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Second Chance Toys Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SECO |
| ReturnHeader/Filer/EIN | 0 | 800581325 |
| ReturnHeader/Filer/PhoneNum | 0 | 9083108888 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 61 W 62nd Street No 12M |
| ReturnHeader/Filer/USAddress/CityNm | 0 | New York |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10023 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 131459550 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WEISERMAZARS LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 135 WEST 50TH STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10020 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2128127000 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Israel Tannenbaum |
| ReturnHeader/ReturnTs | 0 | 2016-04-11T16:36:17-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $96,864
- Liabilities
- $3,500
- Net assets
- $93,364
- Revenue
- $138,208
- Expenses
- $161,108
- Net income
- -$22,900