Liabilities / Assets
46th percentile
Higher debt load relative to assets than 46% of similar nonprofits.
Second Chance Global Inc
990 • Fiscal year 2021 • EIN 81-2811183
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
39th percentile
Higher debt load relative to revenue than 39% of similar nonprofits.
Net Margin
23rd percentile
Higher net margin than 23% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 12.2% of source-year revenue.
Asset Growth
16th percentile
Faster asset growth than 16% of similar nonprofits.
Revenue Growth
45th percentile
Faster revenue growth than 45% of similar nonprofits.
Balance Sheet
Assets
Down$296,273
Down $15,964 (-5.1%) from 2020
Net Assets
Down$291,935
Down $16,283 (-5.3%) from 2020
Liabilities
Up$4,338
Up $319 (+7.9%) from 2020
Revenue And Expenses
Revenue
Up$565,175
Up $44,012 (+8.4%) from 2020
Expenses
Up$585,805
Up $86,081 (+17%) from 2020
Net Income
Down-$20,630
Down $42,069 (-196%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 10, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $565,175
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.(SCG) is committed to maximizing the development of each person to impact the world for Christ by relentlessly pursuing empowerment to break generational poverty. SCG has two primary programs to accomplish its mission: (cont - See Sch O)
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $308,218 | $291,935 | ▼ $16,283 |
| Land, Buildings, and Equipment, Net | $219,656 | $215,111 | ▼ $4,545 |
| Cash and Non-Interest-Bearing Accounts | $97,593 | $88,216 | ▼ $9,377 |
| Total Assets | $312,237 | $296,273 | ▼ $15,964 |
| Other Assets Total | $-5,012 | $-7,054 | ▼ $2,042 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $4,019 | $4,338 | ▲ $319 |
| Total Liabilities | $4,019 | $4,338 | ▲ $319 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $308,218 | $291,935 | ▼ $16,283 |
| Total Liabilities and Net Assets / Fund Balance | $312,237 | $296,273 | ▼ $15,964 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $116,856 | $8,144 | - |
| Land | $98,255 | - | - |
| Other Assets Org | $-7,054 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Ashley Petress | FounderExecutive Director Board | FT | $68,857 | $68,857 |
| Jeffery Allen Petress Jr | Founder Board Member | FT | $49,806 | $49,806 |
| Jocelyn White | Global Programs Director | FT | $44,803 | $44,803 |
| Shelly Isley | Administrative Director | FT | $32,872 | $32,872 |
Board Members and Trustees
| Name | Title |
|---|---|
| Preston Cunningham | Chairman of the Board |
| Peter Sawyer | Board Member |
| Tadd Grandstaff | Board Member |
| Joanie Chamberlain | Secretary |
| Joseph Davis | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $565,175
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $0
- All Other Contributions
- $440,068
- Change in Net Assets
- $-20,630
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $374,071 |
| Salaries, Compensation, and Employee Benefits | $211,734 |
| Total Fundraising Expense | $70,213 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $86,826 | $50,675 | $58,836 | $196,337 |
| All Other Expenses | $39,631 | $1,268 | $2,346 | $43,245 |
| Fees for Services Other | $2,830 | $25,131 | - | $27,961 |
| Travel | $19,925 | - | $4,829 | $24,754 |
| Other Expenses | $24,397 | - | - | $24,397 |
| Payroll Taxes | $8,007 | $3,188 | $4,202 | $15,397 |
| Information Technology | - | $8,287 | - | $8,287 |
| Depreciation Depletion | $4,545 | - | - | $4,545 |
| Advertising | - | $3,667 | - | $3,667 |
| Fees for Services Legal | $2,433 | - | - | $2,433 |
| Office Expenses | - | $1,783 | - | $1,783 |
| Insurance | - | $1,159 | - | $1,159 |
| Conferences and Meetings | $541 | - | - | $541 |
| Fees for Services Accounting | - | $250 | - | $250 |
| Total Functional Expenses | $420,184 | $95,408 | $70,213 | $585,805 |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| 2020 EOY Cam | $43,488 | $43,488 | - | $43,488 |
| 2021 EOY Cam | $27,372 | $27,372 | - | $27,372 |
| Total Events | $125,107 | $125,107 | - | $125,107 |
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 she 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
“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 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 27216-2316
Signing Officer
- Name
- Jeffery A Petress JR
- Title
- Founder
- Phone
- 3366846399
- Signed
- 2022-11-10
- Discuss with paid preparer
- No
Organization Details
- Principal Officer
- Jeffery Allen Petress Jr
- Formed
- 2016
- Legal Domicile
- Nc
- Voting Board Members
- 7
- Independent Board Members
- 7
- Employees
- 4
- Volunteers
- 38
Preparer
- Firm
- Lori E Kenney CPA PLLC
- Address
- 5901 Willow Oak Drive, Mebane, NC 27302
- Preparer
- Lori E Kenney
- Phone
- 9194522038
Raw XML AppendixShowing 400 of 430 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.
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| IRS990/Desc | 0 | Second Chance Global, Inc.(SCG) is actively pursuing its mission in the country of Haiti through Child Sponsorship, Family Empowerment, Medical Outreach, Mission Trips, and other mission-critical activities.Child Sponsorship Program - Most of the children we provide for have been abandoned, orphaned, abused and/or neglected. These children live in the childrens homes we support full time, or at home with family and are enrolled in our Family Empowerment Program. In a world where the life of a child can be so fragile without the basic necessities of life, God has provided a way for us to help. Through sponsorships, we can make a difference in a childs future. SCHs Child Sponsorship Program supports three Haitian childrens homes by providing food to sustain two full, hot meals a day, clean drinking water, toiletries, facility cleaning supplies, school tuition, school supplies, school uniforms, medical appointments, and general building repair projects. This program is sustained by donors that sponsor a child within one of the three orphanages. In 2021, we maintained support for over 100 children and 24 full-time adult volunteers. |
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| IRS990/PrincipalOfficerNm | 0 | Jeffery Allen Petress Jr |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Medical Outreach Program: SCGs medical program was implemented for the first time in the summer of 2018 in Haiti. 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 clinic is provided with medication when necessary, a plan of next steps or follow-up if necessary, encouragement, and also prayer. We want everyone that we see to feel 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 cause countless deaths. People with treatable illnesses 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 poor. At the Second Chance Redemption Retreat, we plan to serve the countrys most disadvantaged through a clinic that could include emergency medical, vision and dental services. Due to COVID-19 in 2020, the enhancement of our plans for this program was placed on hold as we explore a new partnership with another nonprofit organization working in Haiti. This program has not begun in the Dominican Republic at this time.Haiti Medical Statistics:96% of the 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 diseases, 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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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Redemption Retreat Program:SCG gained full ownership of a property located in the Pierre Payen area of Haiti in 2019. The process of securing the property took over two years to complete. Following the purchase of this property has moved SCG into the next phase of the project which is to develop the property for use. SCG plans to use the Redemption Retreat as the home base for a young adult transition program through the partnership with Empowered International, Inc. based out of Fort Wayne, Indiana. Through this partnership, SCG will create and inspire hope by empowering and equipping young adults through giving opportunites and developing long-lasting, sustainable change. In 2021, construction was begun on bulidings needed to carry out the programs needs. |
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | Family Empowerment Program:SCGs Family Empowerment Program supports five specific families. In Haiti, the majority of children in childrens homes today are poverty orphans. Poverty orphans are children who hav 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 prospective family. Through this process, we have worked alongside local government officals 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 prospective family is most vulnerable and also what strengths they possess. For example, if there is a family that is at risk for homelessness or not safe due to lack of secure shelter, we recognize that we can employ the father of another family (whom we support and need to help find work) to build their home so that both families are given opportunities or met needs. We also explore empowerment opportunities. For example, the same family mentioned (who 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. In 2019 we started a campaign called The Purpose Project where families within our program could make jewelry and other hand-crafted items to earn money to support their families. The goal is to help these families become less dependent on outside aid and be self-sufficient off on their own skills and trade. 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 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 familty 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 food aid, and together as a family! Through every point prior to the point, we will have behaved and spoken in a way that reflects the light of Jesus. At this point, we disciple them on the love of Jesus.Family 1 - 1 adult, 8 childrenFamily 2 - 1 adult, 7 children Family 3 - 1 adult, 4 childrenFamily 4 - 1 adult, 2 childrenFamily 5 - 2 adults, 6 children |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 1 | Global Programs Expansion Program:SCG expanded to doing work in the Dominican Republic in 2020. This program was established to help account for costs associated with all revenues and expenditures connected with Second Chance Dominican Republic. This is a developing program that will be expanded in future years. In 2021, multiple trips were taken and partnerships were established with a direct Dominican impact number of around 200 people. |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 2 | Mission Trips Program:SCGs Mission Trips Program allows for travel to Haiti and the Dominican Republic to view current programs 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 and other support. Due to increased rioting and protesting in Haiti beginning in 2019 and continuing through 2021, and the United States of Americas State Department issuing a Level 4 Travel Advisory, SCG had a substantial decrease in full team trips for the year. In 2021, a total of 8 team members traveled to Haiti - 5 of them were on a specific assignment to provide medical relief under our Medical Outreach Program following the magnitude 7.2 earthquake in the Sud Department of Haiti that was quickly followed by Tropical Storm Grace. This trip made a direct Haitian impact through the following: 26 qualified Haitian medical professionals were deployed and resourced through SCG to the affected region, roughly 1,300 people were treated at mobile clinics, 6,000+ meals and 3,850 food/hygiene kits were distributed through local leaders in 7 different communities. Additional Impact Numbers:161,391 Meals were provided32 Families received access clean water998 Children were empowered through education60 Children had access to community day camps75 Young adults received life-skills training through community workshops55 Children were supported through community empowerment programs6,227 People had medical needs met110 Children had access to mental health counselors5 Families had access to mental health counselors760 Entrepreneurship opportunities were created12 Teachers were provided annual salaries64 Local artisans were supported38 Volunteers, totaling 2,468 volunteer hours |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Ashley Petress and Jeffery Allen Petress, Jr. are married and Preston Cunningham is Ashley Petresss father. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Second Chance Global Executive Director told the Board in the annual meeting that she 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/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | All compensation annual amounts, increases and changes are approved by the full board. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Second Chance Global, Inc. did make governing documents, conflict of interest policy, and financial statements available to the public during the tax year in two forms: individual requests and via our GuideStar Profile(https://www.guidestar.org/profile/81-2811183). |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Officer directors etc family relationship Part VI line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | CEO executive director top management comp Part VI line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Governing documents etc available to public Part VI line 19 |
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Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $296,273
- Liabilities
- $4,338
- Net assets
- $291,935
- Revenue
- $565,175
- Expenses
- $585,805
- Net income
- -$20,630