Civic Intelligence

Second Chance Global Inc

990 • Fiscal year 2019 • EIN 81-2811183

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 15, 2020

PO Box 2316Burlington, NC 27216

(336) 539-1815

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

72nd percentile

16%

Higher net margin than 72% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

85th percentile

$24,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

62nd percentile

11%

Faster asset growth than 62% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

23rd percentile

-22%

Faster revenue growth than 23% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$181,216

Up $17,283 (+11%) from 2018

Net Assets

Up

$178,058

Up $14,350 (+8.8%) from 2018

Liabilities

Up

$3,158

Up $2,933 (+1304%) from 2018

Revenue

Down

$253,990

Down $71,532 (-22%) from 2018

Expenses

Down

$212,865

Down $17,502 (-7.6%) from 2018

Net Income

Down

$41,125

Down $54,030 (-57%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2017: $68,428Liabilities 2017: $1,370Net Assets 2017: $67,0582017Assets 2018: $163,933Liabilities 2018: $225Net Assets 2018: $163,7082018Assets 2019: $181,216Liabilities 2019: $3,158Net Assets 2019: $178,0582019Assets 2020: $312,237Liabilities 2020: $4,019Net Assets 2020: $308,2182020Assets 2021: $296,273Liabilities 2021: $4,338Net Assets 2021: $291,9352021Assets 2022: $323,670Liabilities 2022: $4,549Net Assets 2022: $319,1212022Assets 2023: $352,305Liabilities 2023: $4,905Net Assets 2023: $347,4002023Assets 2024: $451,453Liabilities 2024: $127,269Net Assets 2024: $324,1842024Assets 2025: $493,071Liabilities 2025: $153,879Net Assets 2025: $339,1922025

Highlighted filing

2019

Assets$181,216
Liabilities$3,158
Net Assets$178,058

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $210,579Expenses 2017: $153,586Net Income 2017: $56,9932017Revenue 2018: $325,522Expenses 2018: $230,367Net Income 2018: $95,1552018Revenue 2019: $253,990Expenses 2019: $212,865Net Income 2019: $41,1252019Revenue 2020: $521,163Expenses 2020: $499,724Net Income 2020: $21,4392020Revenue 2021: $565,175Expenses 2021: $585,805Net Income 2021: -$20,6302021Revenue 2022: $658,315Expenses 2022: $639,251Net Income 2022: $19,0642022Revenue 2023: $298,719Expenses 2023: $270,748Net Income 2023: $27,9712023Revenue 2024: $677,080Expenses 2024: $700,299Net Income 2024: -$23,2192024Revenue 2025: $867,513Expenses 2025: $862,145Net Income 2025: $5,3682025

Highlighted filing

2019

Revenue$253,990
Expenses$212,865
Net Income$41,125
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 15, 2020
Return Version
2019v5.1
Gross Receipts
$260,959
Mission and Program Overview

Mission

We exist to guide the people of all nations by creating Christ-centered learning environments, growing individuals up to their full potential, and by equipping them to impact the world for Christ.

Second Chance Global, Inc. exists to empower families and leave a legacy for Christ. SCH has four operational programs: Child Sponsorship Program, Mission Trips Program, Family Empowerment Program, and Medical Outreach Program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$163,708$178,058▲ $14,350
Prepaid Expenses and Deferred Charges$125,000$98,225▼ $26,775
Cash and Non-Interest-Bearing Accounts$38,933$82,991▲ $44,058
Total Assets$163,933$181,216▲ $17,283
Liabilities
Accounts Payable and Accrued Expenses$225$3,158▲ $2,933
Total Liabilities$225$3,158▲ $2,933
Net Assets / Fund Balance
Total Net Assets Fund Balance$163,708$178,058▲ $14,350
Total Liabilities and Net Assets / Fund Balance$163,933$181,216▲ $17,283
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ashley PetressFounderExecutive Director BoardFT$24,000$24,000
Jocelyn WhiteDirector of Global OperationsFT$13,890$13,890
Jeffery Allen Petress JrFounderDir of FinanceBoardFT$4,000$4,000

Board Members and Trustees

NameTitle
Preston CunninghamChairman of the Board
Michael BrewerBoard Member
Peter SawyerBoard Member
Tadd GrandstaffBoard Member
Joanie ChamberlainSecretary
Joseph DavisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$204,017
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$49,973
All Other Contributions
$204,017
Change in Net Assets
$41,125
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$166,187
Salaries, Compensation, and Employee Benefits$46,678
Total Fundraising Expense$2,360
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$49,339$3,588-$52,927
Current Officers, Directors, Trustees, and Key Employees-$46,678-$46,678
Fees for Services Other-$15,971-$15,971
Advertising-$3,209-$3,209
Insurance-$2,412-$2,412
All Other Expenses--$2,360$2,360
Other Expenses$10,757$1,484-$1,484
Fees for Services Accounting-$1,473-$1,473
Office Expenses-$1,161-$1,161
Fees for Services Legal-$1,080-$1,080
Information Technology-$736-$736
Total Functional Expenses$111,762$98,743$2,360$212,865
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$56,942
Fundraising Direct Expenses$6,969
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Giving Tues$22,582$22,582-$22,582
Sun Tan Fund$10,523$10,523-$10,523
Total Events$56,942$56,942$6,969$49,973
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Ashley Petress and Jeffery Allen Petress, Jr. are married and Preston Cunningham is Ashley Petresss father.

Form 990 governing body review Part VI line 11

The Second Chance Global Executive Director told the Board in the annual meeting that he would present the Form 990 to each Board Member for review and final questions prior to filing. The questions are discussed via one on one, email, and phone, if applicable.

Conflict of interest policy compliance Part VI line 12C

Second Chance Global, Inc. does have a written conflict of interest policy which is made public, (see Governing documents available to public). The policy requires officers, directors and key employees to disclose interests that could give rise to conflicts. These disclosures are reviewed by each Board Member for review and final questions for compliance purposes.

CEO executive director top management comp Part VI line 15A

2018 was the second year compensation was paid out. All compensation annual amounts, increases and changes are approved by the full board.

Governing documents etc available to public Part VI line 19

Second Chance Global, Inc. did make governing documents, conflict of interest policy, and financial statements available to the public during the 2018 tax year in two forms: individual requests and via our GuideStar Profile(https://www.guidestar.org/profile/81-2811183).

Filing and Contact Details

Filer

Filer Name
Second Chance Global Inc
EIN
81-2811183
Address
PO Box 2316, Burlington, NC 27216
Doing Business As
Second Chance Haiti

Signing Officer

Name
Jeffery A Petress JR
Title
Founder Director of
Phone
3366846399
Signed
2020-07-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Jeffery Allen Petress Jr
Formed
2016
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
3

Preparer

Firm
Lori E Kenney CPA PLLC
Address
5901 Willow Oak Drive, Mebane, NC 27302
Preparer
Lori E Kenney
Phone
9194522038
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IRS990/ProgSrvcAccomActy2Grp/Desc0SCHs Mission Trips Program allows for travel to Haiti to view the Family Empowerment Program and Child Sponsorship Program in action. Team members typically travel on seven-day trips. While on these mission trips, team members perform different Bible activities with the children in the above-mentioned programs, travel to remote villages to share the Gospel and provide temporary relief in the way of food supplements. The Mission Trips Program also distributes goats and chickens to families outside of our Family Empowerment Program in an effort to advance entrepreneurship and create a source of self-sustainable income. Due to increasted rioting and protesting in Haiti during the year and the United States of Americas State Department issuing a Level 4 Travel Advisory, SCH had a susstantial decrease in trips for the year. In 2019, a total of 55 team members travels with SCH over five trips and an estimated Haitian direct impact=3,452.
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IRS990/ProgSrvcAccomActy3Grp/Desc0SCHs Family Empowerment Program supports seven specific families. In Haiti the majority of children in orphanages today are poverty orphans. Poverty orphans are children who have living parents or family members, but they are orphaned due to their family living in extreme poverty. Parents or guardians in Haiti will take their children to orphanages or abandon them in a community close to an orphanage believing that the child will live a better life. We want to change that narrative and break the cycle. We identify a prospect family. Through this process we have worked alongside local government officials and social workers to determine the state of the home. If after multiple visits and investigation, there is no sign of any abuse, and the child was truly given up due to financial means then we will move forward in the process.We assess the ways the prospect family is most vulnerable and also what strengths they possess. For example, the same family mentioned (whom needed new shelter) is living in a remote village with more children in the home than adults. These adults do not have childcare, so they need a work opportunity that allows them to stay home. Breeding livestock to sell to villagers in their area is an option. We train the family towards a particular job. This year we stared The Purpose Project where families within our program could make jewely and other hand-crafted items to earn money to support their family. The goal is to help these families become less dependent on outsaid aid and be self sufficent off of their own trade and skill. We also educate them on how to breed animals and how to save a little and make a little. This is also part of the process where we help with the emotional and mental state of poverty the best that we can. We know this is more than a process or program but also a state of mind. Once we start the fourth step, we begin supplying the family with supplemental aid. Monthly the family will receive 2 meals per day, basic necessities such as bathing soap, laundry detergent, and dish soap. We will also help with school when possible. Our hope is that within 6 months to a year the family will be restored in more ways than one. They will be empowered through work, healthier through the food aid, and together! Through every point prior to this point, we will have behaved and speak in a way that reflects the light of Jesus. At this point, we disciple them on the love of Jesus.Family #1: 2 children, 2 adultFamily #2: 3 children, 2 adultsFamily #3: 3 children, 2 adultsFamily #4: 5 children, 2 adults Family #5: 3 children, 2 adultsFamily #6: 10 children, 1 adultFamily #7: 4 children, 2 adults
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt010757
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0SCHs newest program, Medical Outreach Program, was implemented for the first time in the summer of 2018. We want to restore and provide hope for those who feel and live in brokenness. From our Family Empowerment program to our Child Sponsorship program, we know that all this can be acknowledged through various opportunities such as emotional, mental, etc. support. We know that this commitment certainly extends over to medical, vision, and dental care. Each patient that leaves the clinics provided with medication when necessary, plan of next steps or follow up if necessary, encouragement and also prayer.We want everyone that we see to fell and know the love of Jesus. We have had many individuals come to salvation before leaving the clinic! Most of Haitis poor do not have conventional healthcare available to them. The resulting health problems in conjunction with the lack of services causes a countless number of deaths. People with treatable illness simply do not survive because of the lack of medical aid. Knowing this, we are working tirelessly to implement a program that would provide healthcare for the poorest of the poort. At the Second Chance Haiti Redemption Retreat Center we plan to serve the countrys most disadvantaged through a clinic that could include emergency medical, vision and dental. Haiti Medical Stats include 96% of Haitian population lacks basic health coverage and regular access to health care. More than 90% of Haitian children living in rural areas have worms or parasites that make them sick. Aids, parasitic/infectious disease, typhoid, and tuberculosis are the leading causes of death in Haiti. Children are still suffering and some dying from chronic malnutrition. Nearly 50% of the population does not have access to clean drinking water.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Ashley Petress and Jeffery Allen Petress, Jr. are married and Preston Cunningham is Ashley Petresss father.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Second Chance Global Executive Director told the Board in the annual meeting that he would present the Form 990 to each Board Member for review and final questions prior to filing. The questions are discussed via one on one, email, and phone, if applicable.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Second Chance Global, Inc. does have a written conflict of interest policy which is made public, (see Governing documents available to public). The policy requires officers, directors and key employees to disclose interests that could give rise to conflicts. These disclosures are reviewed by each Board Member for review and final questions for compliance purposes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt32018 was the second year compensation was paid out. All compensation annual amounts, increases and changes are approved by the full board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Second Chance Global, Inc. did make governing documents, conflict of interest policy, and financial statements available to the public during the 2018 tax year in two forms: individual requests and via our GuideStar Profile(https://www.guidestar.org/profile/81-2811183).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
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IRS990/USAddress/AddressLine1Txt01908 Northrop Drive
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ReturnHeader/BuildTS02020-11-06 18:47:13Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Jeffery A Petress JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Founder Dir of
ReturnHeader/BusinessOfficerGrp/PhoneNum03366846399
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Second Chance Global Inc
ReturnHeader/Filer/BusinessNameControlTxt0SECO
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ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 2316
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ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-08-30
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.27.18.78
ReturnHeader/FilingSecurityInformation/IPDt02020-08-30
ReturnHeader/FilingSecurityInformation/IPTm012:00:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0822478603
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Lori E Kenney CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05901 Willow Oak Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mebane
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ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lori E Kenney
ReturnHeader/ReturnTs02020-08-30T10:32:42-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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