Civic Intelligence

2Nd Chance Ms Inc.

990 • Fiscal year 2022 • EIN 81-2718924

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 08, 2023

1739 University Avenue Pmb 126Oxford, MS 38655

(601) 265-1895

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

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

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

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

Net Margin

58th percentile

9.6%

Higher net margin than 58% of similar nonprofits.

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

Top Officer Pay

93rd percentile

$54,002

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 18.4% of source-year revenue.

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

Asset Growth

60th percentile

8.5%

Faster asset growth than 60% of similar nonprofits.

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

Revenue Growth

29th percentile

-13%

Faster revenue growth than 29% of similar nonprofits.

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

Assets

Up

$338,771

Up $26,447 (+8.5%) from 2021

Net Assets

Up

$338,622

Up $27,985 (+9.0%) from 2021

Liabilities

Down

$149

Down $1,538 (-91%) from 2021

Revenue

Down

$292,927

Down $44,524 (-13%) from 2021

Expenses

Up

$264,942

Up $10,601 (+4.2%) from 2021

Net Income

Down

$27,985

Down $55,125 (-66%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2016: $23,517Liabilities 2016: $1,696Net Assets 2016: $21,8212016Assets 2017: $72,351Liabilities 2017: $3,389Net Assets 2017: $68,9622017Assets 2018: $163,651Liabilities 2018: $1,568Net Assets 2018: $162,0832018Assets 2019: $190,441Liabilities 2019: $4,628Net Assets 2019: $185,8132019Assets 2020: $229,221Liabilities 2020: $1,694Net Assets 2020: $227,5272020Assets 2021: $312,324Liabilities 2021: $1,687Net Assets 2021: $310,6372021Assets 2022: $338,771Liabilities 2022: $149Net Assets 2022: $338,6222022Assets 2023: $426,899Liabilities 2023: $115Net Assets 2023: $426,7842023Assets 2024: $538,211Liabilities 2024: $363Net Assets 2024: $537,8482024

Highlighted filing

2022

Assets$338,771
Liabilities$149
Net Assets$338,622

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2016: $82,753Expenses 2016: $60,932Net Income 2016: $21,8212016Revenue 2017: $233,774Expenses 2017: $186,633Net Income 2017: $47,1412017Revenue 2018: $300,239Expenses 2018: $218,401Net Income 2018: $81,8382018Revenue 2019: $264,909Expenses 2019: $255,887Net Income 2019: $9,0222019Revenue 2020: $258,890Expenses 2020: $217,176Net Income 2020: $41,7142020Revenue 2021: $337,451Expenses 2021: $254,341Net Income 2021: $83,1102021Revenue 2022: $292,927Expenses 2022: $264,942Net Income 2022: $27,9852022Revenue 2023: $326,371Expenses 2023: $238,210Net Income 2023: $88,1612023Revenue 2024: $345,669Expenses 2024: $234,604Net Income 2024: $111,0652024

Highlighted filing

2022

Revenue$292,927
Expenses$264,942
Net Income$27,985
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$324,131
Mission and Program Overview

Mission

2nd chance ms will raise awareness and funds for adult education and work skills training.

2nd chance ms will raise awareness and funds for adult education and work skill training.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$312,324$338,771▲ $26,447
Total Assets$312,324$338,771▲ $26,447
Liabilities
Accounts Payable and Accrued Expenses-$2,291-
Other Liabilities$1,687$-2,142▼ $3,829
Total Liabilities$1,687$149▼ $1,538
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$310,637$338,622▲ $27,985
Total Net Assets Fund Balance$310,637$338,622▲ $27,985
Total Liabilities and Net Assets / Fund Balance$312,324$338,771▲ $26,447
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarh LomenickDirector of ProgramsFT$54,002$54,002
Catherine C BealsDirector of DevelopmentFT$37,083$37,083

Board Members and Trustees

NameTitle
Richard F ScruggsChairman
Andrew MullinsBoard Member
Candie SimmonsBoard Member
Colleen HartfieldBoard Member
Jesse MitchellBoard Member
Sam ThomasBoard Member
David Z ScruggsExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$274,819
Program Service Revenue
$0
Investment Income
$9
Other Revenue
$18,099
All Other Contributions
$154,664
Change in Net Assets
$27,985
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$113,151
Other Expenses$77,333
Salaries, Compensation, and Employee Benefits$74,458
Total Fundraising Expense$16,171
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$113,151--$113,151
Comp Disqual Persons$41,501$13,833$13,833$69,167
Occupancy-$32,807-$32,807
Fees for Services Other$21,770--$21,770
Fees for Services Legal-$8,897-$8,897
Payroll Taxes$3,175$1,058$1,058$5,291
Office Expenses-$5,008-$5,008
Travel$931--$931
Advertising$427--$427
Insurance-$150-$150
Other Expenses$653$52$1,280$52
Total Functional Expenses$181,608$67,163$16,171$264,942
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Copiah-lincoln Community CollegeWesson, MS509(a)(1)To Provide Support for Tuition/gas/etc to Students in the Utility Linemen Program$0
East Mississippi Community CollegeScooba, MS509(a)(1)To Provide Support for Tuition/gas/etc to Students of Accelerated Programs$0
Itawamba Community CollegeFulton, MS509(a)(1)To Provide Support for Tuition/gas/etc to Students of Accelerated Programs$0
Meridian Community CollegeMeridiam, MS509(a)(1)To Provide Support for Tuition/gas/etc to Students of Accelerated Programs$0
Pascagoula Adult Learning CenterPascagoula, MS509(a)(1)To Provide Support for Tuition/gas/etc to Students of Accelerated Programs$0
Pearl River Community CollegeHattiesburg, MS509(a)(1)To Provide Support for Tuition/gas/etc to Students of Accelerated Programs$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$49,303
Fundraising Direct Expenses$31,204
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Gala$169,458$49,303$21,696$27,607
Total Events$169,458$49,303$31,204$18,099
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
PAYROLL LIABILITIES: FEDERAL TAXES (941/940)$1,201
PAYROLL LIABILITIES: MS INCOME TAX$195
Direct Deposit Payable$-3,538
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

David scruggs, the president, is the son of richard scruggs, the chairman.

Form 990, Part VI, Section B, Line 11B

The form 990 is provided to the full board for review prior to filing.

Form 990, Part VI, Section B, Line 15B

A compensation committee of three independent directors was established by the organization to assist the board in implementing the organizations compensation policy. In determining compensation for key employees, the committee relied upon appropriate data such as compensation paid by similarly situated corporations, both taxable and exempt, for functionally comparable positions.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request, on a case by case basis.

Filing and Contact Details

Filer

Filer Name
2nd Chance Ms
EIN
81-2718924
Phone
6012651895
Address
1739 UNIVERSITY AVENUE PMB 126, OXFORD, MS 38655

Signing Officer

Name
David Z Scruggs
Title
President
Phone
6012651895
Signed
2023-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Z Scruggs
Formed
2016
Legal Domicile
Ms
Voting Board Members
9
Independent Board Members
5
Employees
2
Volunteers
0

Preparer

Firm
Granthampoole Pllc
Address
1200 JEFFERSON AVENUE STE 206, OXFORD, MS 38655
Preparer
William a Sanders CPA
Phone
6622348130
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0287905
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0320924
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01565784
IRS990ScheduleA/TotalSupportAmt01566229
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01201
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1195
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-3538
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES: FEDERAL TAXES (941/940)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES: MS INCOME TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DIRECT DEPOSIT PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0-2142
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt07600
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt07600
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0120155
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0120155
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt031204
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01000
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FALL GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0169458
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0169458
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt049303
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt049303
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt018099
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt021696
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt021696
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0908
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0908
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt00
IRS990ScheduleI/RecipientTable/CashGrantAmt10
IRS990ScheduleI/RecipientTable/CashGrantAmt20
IRS990ScheduleI/RecipientTable/CashGrantAmt30
IRS990ScheduleI/RecipientTable/CashGrantAmt40
IRS990ScheduleI/RecipientTable/CashGrantAmt50
IRS990ScheduleI/RecipientTable/IRCSectionDesc0509(A)(1)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1509(A)(1)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2509(A)(1)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3509(A)(1)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4509(A)(1)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5509(A)(1)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt010000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt112500
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt212500
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt325000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt47194
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt525000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE SUPPORT FOR TUITION/GAS/ETC TO STUDENTS OF ACCELERATED PROGRAMS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO PROVIDE SUPPORT FOR TUITION/GAS/ETC TO STUDENTS OF ACCELERATED PROGRAMS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO PROVIDE SUPPORT FOR TUITION/GAS/ETC TO STUDENTS IN THE UTILITY LINEMEN PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO PROVIDE SUPPORT FOR TUITION/GAS/ETC TO STUDENTS OF ACCELERATED PROGRAMS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO PROVIDE SUPPORT FOR TUITION/GAS/ETC TO STUDENTS OF ACCELERATED PROGRAMS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TO PROVIDE SUPPORT FOR TUITION/GAS/ETC TO STUDENTS OF ACCELERATED PROGRAMS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0EAST MISSISSIPPI COMMUNITY COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ITAWAMBA COMMUNITY COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2COPIAH-LINCOLN COMMUNITY COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3PEARL RIVER COMMUNITY COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4MERIDIAN COMMUNITY COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5PASCAGOULA ADULT LEARNING CENTER
IRS990ScheduleI/RecipientTable/RecipientEIN0646000330
IRS990ScheduleI/RecipientTable/RecipientEIN1640579426
IRS990ScheduleI/RecipientTable/RecipientEIN2640682812
IRS990ScheduleI/RecipientTable/RecipientEIN3646000960
IRS990ScheduleI/RecipientTable/RecipientEIN4646035781
IRS990ScheduleI/RecipientTable/RecipientEIN5571006834
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01512 KEMPER STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1602 W HILL ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2H F MCCARTY DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt35448 US 49
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4910 HWY 19 N
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51713 KENNETH AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SCOOBA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1FULTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm2WESSON
IRS990ScheduleI/RecipientTable/USAddress/CityNm3HATTIESBURG
IRS990ScheduleI/RecipientTable/USAddress/CityNm4MERIDIAM
IRS990ScheduleI/RecipientTable/USAddress/CityNm5PASCAGOULA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3MS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4MS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5MS
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd039358
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd138843
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd239191
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd339401
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAVID SCRUGGS, THE PRESIDENT, IS THE SON OF RICHARD SCRUGGS, THE CHAIRMAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PROVIDED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COMPENSATION COMMITTEE OF THREE INDEPENDENT DIRECTORS WAS ESTABLISHED BY THE ORGANIZATION TO ASSIST THE BOARD IN IMPLEMENTING THE ORGANIZATIONS COMPENSATION POLICY. IN DETERMINING COMPENSATION FOR KEY EMPLOYEES, THE COMMITTEE RELIED UPON APPROPRIATE DATA SUCH AS COMPENSATION PAID BY SIMILARLY SITUATED CORPORATIONS, BOTH TAXABLE AND EXEMPT, FOR FUNCTIONALLY COMPARABLE POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, ON A CASE BY CASE BASIS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MS
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0312324
IRS990/TotalAssetsEOYAmt0338771
IRS990/TotalAssetsGrp/BOYAmt0312324
IRS990/TotalAssetsGrp/EOYAmt0338771
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0274819
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt016171

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