Civic Intelligence

Her 2Nd Chance Inc

EIN 83-1405102 • 501(c)3 • Boca Raton, FL

Profile

We create jobs that help women in recovery flourish by offering employment opportunities in a caring, disciplined social enterprise operation. We aim to be the launching pad where the women in our program can reacquire self- respect beginning to work towards self-sufficiency pointing to a brighter sober future. Thus breaking the cycle of shame and hopelessness that perpetuates relapses.

3100 NW Boca Raton Blvd Suite 312Boca Raton, FL 33431

her2ndchance.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

62nd percentile

0.06x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.04x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

70th percentile

17%

Higher net margin than 70% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

84th percentile

37%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

13%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$437,845

Up $243,317 (+125%) from 2022

Liabilities

Up

$25,181

Up $14,981 (+147%) from 2022

Net Assets

Up

$412,664

Up $228,336 (+124%) from 2022

Revenue

Up

$655,570

Up $207,535 (+46%) from 2022

Expenses

Up

$546,710

Up $108,413 (+25%) from 2022

Net Income

Up

$108,860

Up $99,122 (+1018%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2019: $103,119Liabilities 2019: $2,585Net Assets 2019: $100,5342019Assets 2020: $227,111Liabilities 2020: $51,181Net Assets 2020: $175,9302020Assets 2021: $193,054Liabilities 2021: $18,464Net Assets 2021: $174,5902021Assets 2022: $194,528Liabilities 2022: $10,200Net Assets 2022: $184,3282022Assets 2024: $437,845Liabilities 2024: $25,181Net Assets 2024: $412,6642024

Highlighted filing

2024

Assets$437,845
Liabilities$25,181
Net Assets$412,664

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2019: $200,267Expenses 2019: $111,585Net Income 2019: $88,6822019Revenue 2020: $418,698Expenses 2020: $343,307Net Income 2020: $75,3912020Revenue 2021: $383,123Expenses 2021: $384,463Net Income 2021: -$1,3402021Revenue 2022: $448,035Expenses 2022: $438,297Net Income 2022: $9,7382022Revenue 2024: $655,570Expenses 2024: $546,710Net Income 2024: $108,8602024

Highlighted filing

2024

Revenue$655,570
Expenses$546,710
Net Income$108,860

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 25, 2025
Return Version
2024v5.0
Gross Receipts
$767,981
Mission and Program Overview

Mission

We create jobs that help women in recovery flourish by offering employment opportunities in a caring, disciplined social enterprise operation. We aim to be the launching pad where they can begin working towards self-sufficiency and a brighter future, thus breaking the cycle of shame and hopelessness that perpetuates relapse.

We create jobs that help women in recovery flourish.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$102,357$203,179▲ $100,822
Cash and Non-Interest-Bearing Accounts$185,904$177,118▼ $8,786
Land, Buildings, and Equipment, Net$10,732$35,178▲ $24,446
Inventories for Sale or Use$9,815$10,177▲ $362
Prepaid Expenses and Deferred Charges$10,074$10,074→ $0
Accounts Receivable$623$37▼ $586
Total Assets$319,505$437,845▲ $118,340
Other Assets Total-$2,082-
Liabilities
Accounts Payable and Accrued Expenses$15,701$25,181▲ $9,480
Total Liabilities$15,701$25,181▲ $9,480
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$183,807$293,759▲ $109,952
Net Assets With Donor Restrictions$119,997$118,905▼ $1,092
Total Net Assets Fund Balance$303,804$412,664▲ $108,860
Total Liabilities and Net Assets / Fund Balance$319,505$437,845▲ $118,340

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$25,455$2,791$28,246
Equipment$4,840$6,318$11,158
Other Land Buildings$4,883$1,287$6,170
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christopher MalfitanoPresident &
Ariadne ReimanDirector
Bruce RosettoDirector
Caterine SilkDirector
James MaccutcheonDirector
Joel L MosesDirector
Mark GuzzettaDirector
Marsha GlinesDirector
Michelle SenaDirector
Keely CarneyFounder & Di
Sarah LucasSecretary &
Casey L GunnellTreasurer &
Revenue and Support

Revenue Composition

Contributions and Grants
$657,881
Program Service Revenue
$0
Investment Income
$6,171
Other Revenue
$-8,482
All Other Contributions
$657,881
Change in Net Assets
$108,860

Audited Revenue Reconciliation

Revenue per Audited Statements
$655,570
Total Revenue per Audited Statements
$655,570
Total Revenue per Form 990
$655,570
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$383,706
Other Expenses$163,004
Total Fundraising Expense$71,920
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$295,632$11,010$32,535$339,177
Occupancy$42,600$1,346$896$44,842
Advertising--$30,353$30,353
Fees for Services Management$25,025$790$527$26,342
Payroll Taxes$22,485$826$2,475$25,786
Other Employee Benefits$16,344$600$1,799$18,743
Office Expenses$17,079$539$360$17,978
Depreciation Depletion$9,970--$9,970
Information Technology$6,581-$2,194$8,775
Fees for Services Accounting-$8,275-$8,275
Insurance$4,253$154$307$4,714
Travel$3,758$251$167$4,176
Other Expenses$2,787$104$307$3,198
Total Functional Expenses$450,895$23,895$71,920$546,710

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$546,710
Total Expenses per Audited Statements$546,710
Total Expenses per Form 990$546,710
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Audit committee
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
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, Page 6, Part VI, Line 11B

The 2024 form 990 draft was reviewed by the treasurer and external auditor. Once the draft was agreed by each, the 2024 form 990 draft was given to the president for review and comment. The treasurer and president with recommended edits that were incorporated into the draft approved the 2024 form 990 draft. From there the audit committee reviewed the 2024 form 990 draft approving after further comments and edits with a recommendation to the board for approval to file. The board was given the 2024 form 990 draft and unanimously approved and authorized the 2024 form 990 for filing as presented.

Form 990, Page 6, Part VI, Line 15A

The compensation for the executive director and other key positions is determined by the board based on comparative data provided by the executive committee and a subset of the board. The comparative information is derived from a variety of sources, in particular, simiar size not for profit organizations, and is used as a guide in setting compensation.

Form 990, Page 6, Part VI, Line 15B

The compensation for the executive director and other key positions is determined by the board based on comparative data provided by the executive committee and a subset of the board. The comparative information is derived from a variety of sources, in particular, simiar size not for profit organizations, and is used as a guide in setting compensation.

Form 990, Page 6, Part VI, Line 19

All governing documents are available upon request. The 2023 audited financial statements and the 2023 form 990 and required schedules are posted on the organization's website. When completed, the 2024 audited financial statements will be posted on the organization's website along with the 2024 form 990 and all schedules thereto.

Form 990, Part VII

No members of the board are compensated for their services.

Filing and Contact Details

Filer

Filer Name
Her 2nd Chance Inc
EIN
83-1405102
Phone
5614056346
Address
3100 NW BOCA RATON BLVD SUITE 312, BOCA RATON, FL 33431

Signing Officer

Name
Christopher Malfitano
Title
President & Chairman
Phone
5612897291
Signed
2025-07-25

Organization Details

Principal Officer
Christopher Malfitano
Voting Board Members
12
Independent Board Members
12
Employees
21
Volunteers
95

Preparer

Firm
Steve Rice CPA Inc
Address
2810 NW 69TH AVE, MARGATE, FL 33063-2000
Preparer
Steve Rice
Phone
9542634878
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

We create jobs that help women in recovery flourish by offering employment opportunities in a caring, disciplined social enterprise operation. We aim to be the launching pad where the women in our program can reacquire self- respect beginning to work towards self-sufficiency pointing to a brighter sober future. Thus breaking the cycle of shame and hopelessness that perpetuates relapses.

Form 990

Form 990, part ix, line 24(a): the organization's capitalization policy is set at 750 or greater for indicidual capital purchases.

Form 990, Page 2, Part III, Line 4A

We have one program service - to offer jobs to women in recovery. The women we employ have overcome significant obstacles in their lives, ranging from abuse and post traumatic stress disorder to addiction and homelessness. We offer them jobs through the social enterprise model, which allows us to self-fund a portion of our program, while giving our program participants relevant and marketable work experience in a real-world setting. Our social enterprise is a product based ecommerce shop. The majority of our ladies are transitional employees; we offer them a caring environment of structured jobs to help them overcome obstacles to re- entering the workforce. They, for the most part, perform entry level tasks including customer service and order fulfillment. Each of these functional areas is designed to allow the program particpants to move to a role in the traditional workforce. We also offer a select number of program particpants longer-term leadership roles to help us grow our social enterprise thereby creating more job opportunities. In addition, we provide several wellness activities regularly along with tutorial programs to aid in our participants' ability to successfully compete for and retain jobs in the real-world. All of our participants self-identify as being in recovery from a variety of situations and conditions. Each is grateful for the opportunity we provide. We are, in turn, both humbled and thrilled to see their hard work build a brighter future for themselves.

Form 990, Part XI, Line 9

Revenue offset by cogs 0 cost of goods sold 0

Form 990, Part XII

The organization has an audit committee consisting of three board members. The committees charter was approved by the board. The committee provided the final review and approval of the 2024 form 990 draft recommending filing to the board which was unanimously approved. As to the audit process, the executive director and operations manager gathered the auditors requested documents answering questions and responding to auditor inquiries as they arose in the testing and vouching process. Matters concerning accounting policy. Disclosures, financial presentation, to name a few, were administered by the treasurer.

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

REVENUE OFFSET BY COGS 0

Schedule D, Page 4, Part XII, Line 2D

COST OF GOODS SOLD 0

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IRS990/MissionDesc0WE CREATE JOBS THAT HELP WOMEN IN RECOVERY FLOURISH BY OFFERING EMPLOYMENT OPPORTUNITIES IN A CARING, DISCIPLINED SOCIAL ENTERPRISE OPERATION. WE AIM TO BE THE LAUNCHING PAD WHERE THE WOMEN IN OUR PROGRAM CAN REACQUIRE SELF- RESPECT BEGINNING TO WORK TOWARDS SELF-SUFFICIENCY POINTING TO A BRIGHTER SOBER FUTURE. THUS BREAKING THE CYCLE OF SHAME AND HOPELESSNESS THAT PERPETUATES RELAPSES.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PART II SECTION B LINE 12 - GROSS RECEIPTS RELATED TO ACTIVITIES, ETC. THE 1,449,712 REPORTED IS THE SUM OF THE GROSS SALES OF INVENTORY LESS RETURNS AND ALLOWANCES AS REPORTED ON FORM 990, PART VIII, LINE 10A FOR THE FIVE YEAR PERIOD REPORTED HEREIN. THE AMOUNT IS GENERATED THROUGH THE SOCIAL ENTERPRISE ECOMMERCE SALES PRINCIPALLY OF CUSTOM DRINKWARE (MUGS), A SMALL AMOUNT OF PRINTABLE ITEMS AND FOR 2020 A SMALL AMOUNT OF CUSTOM JEWELRY SALES. THE CONTRIBUTION MARGIN, THE AMOUNT AVAILABLE TO FUND EXPENSES FROM THESE SALES FOR THE PERIOD REPORTED HEREIN, TOTALS 426,213.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0REVENUE OFFSET BY COGS 0
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD 0
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WE CREATE JOBS THAT HELP WOMEN IN RECOVERY FLOURISH BY OFFERING EMPLOYMENT OPPORTUNITIES IN A CARING, DISCIPLINED SOCIAL ENTERPRISE OPERATION. WE AIM TO BE THE LAUNCHING PAD WHERE THE WOMEN IN OUR PROGRAM CAN REACQUIRE SELF- RESPECT BEGINNING TO WORK TOWARDS SELF-SUFFICIENCY POINTING TO A BRIGHTER SOBER FUTURE. THUS BREAKING THE CYCLE OF SHAME AND HOPELESSNESS THAT PERPETUATES RELAPSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART IX, LINE 24(A): THE ORGANIZATION'S CAPITALIZATION POLICY IS SET AT 750 OR GREATER FOR INDICIDUAL CAPITAL PURCHASES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WE HAVE ONE PROGRAM SERVICE - TO OFFER JOBS TO WOMEN IN RECOVERY. THE WOMEN WE EMPLOY HAVE OVERCOME SIGNIFICANT OBSTACLES IN THEIR LIVES, RANGING FROM ABUSE AND POST TRAUMATIC STRESS DISORDER TO ADDICTION AND HOMELESSNESS. WE OFFER THEM JOBS THROUGH THE SOCIAL ENTERPRISE MODEL, WHICH ALLOWS US TO SELF-FUND A PORTION OF OUR PROGRAM, WHILE GIVING OUR PROGRAM PARTICIPANTS RELEVANT AND MARKETABLE WORK EXPERIENCE IN A REAL-WORLD SETTING. OUR SOCIAL ENTERPRISE IS A PRODUCT BASED ECOMMERCE SHOP. THE MAJORITY OF OUR LADIES ARE TRANSITIONAL EMPLOYEES; WE OFFER THEM A CARING ENVIRONMENT OF STRUCTURED JOBS TO HELP THEM OVERCOME OBSTACLES TO RE- ENTERING THE WORKFORCE. THEY, FOR THE MOST PART, PERFORM ENTRY LEVEL TASKS INCLUDING CUSTOMER SERVICE AND ORDER FULFILLMENT. EACH OF THESE FUNCTIONAL AREAS IS DESIGNED TO ALLOW THE PROGRAM PARTICPANTS TO MOVE TO A ROLE IN THE TRADITIONAL WORKFORCE. WE ALSO OFFER A SELECT NUMBER OF PROGRAM PARTICPANTS LONGER-TERM LEADERSHIP ROLES TO HELP US GROW OUR SOCIAL ENTERPRISE THEREBY CREATING MORE JOB OPPORTUNITIES. IN ADDITION, WE PROVIDE SEVERAL WELLNESS ACTIVITIES REGULARLY ALONG WITH TUTORIAL PROGRAMS TO AID IN OUR PARTICIPANTS' ABILITY TO SUCCESSFULLY COMPETE FOR AND RETAIN JOBS IN THE REAL-WORLD. ALL OF OUR PARTICIPANTS SELF-IDENTIFY AS BEING IN RECOVERY FROM A VARIETY OF SITUATIONS AND CONDITIONS. EACH IS GRATEFUL FOR THE OPPORTUNITY WE PROVIDE. WE ARE, IN TURN, BOTH HUMBLED AND THRILLED TO SEE THEIR HARD WORK BUILD A BRIGHTER FUTURE FOR THEMSELVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 2024 FORM 990 DRAFT WAS REVIEWED BY THE TREASURER AND EXTERNAL AUDITOR. ONCE THE DRAFT WAS AGREED BY EACH, THE 2024 FORM 990 DRAFT WAS GIVEN TO THE PRESIDENT FOR REVIEW AND COMMENT. THE TREASURER AND PRESIDENT WITH RECOMMENDED EDITS THAT WERE INCORPORATED INTO THE DRAFT APPROVED THE 2024 FORM 990 DRAFT. FROM THERE THE AUDIT COMMITTEE REVIEWED THE 2024 FORM 990 DRAFT APPROVING AFTER FURTHER COMMENTS AND EDITS WITH A RECOMMENDATION TO THE BOARD FOR APPROVAL TO FILE. THE BOARD WAS GIVEN THE 2024 FORM 990 DRAFT AND UNANIMOUSLY APPROVED AND AUTHORIZED THE 2024 FORM 990 FOR FILING AS PRESENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND OTHER KEY POSITIONS IS DETERMINED BY THE BOARD BASED ON COMPARATIVE DATA PROVIDED BY THE EXECUTIVE COMMITTEE AND A SUBSET OF THE BOARD. THE COMPARATIVE INFORMATION IS DERIVED FROM A VARIETY OF SOURCES, IN PARTICULAR, SIMIAR SIZE NOT FOR PROFIT ORGANIZATIONS, AND IS USED AS A GUIDE IN SETTING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND OTHER KEY POSITIONS IS DETERMINED BY THE BOARD BASED ON COMPARATIVE DATA PROVIDED BY THE EXECUTIVE COMMITTEE AND A SUBSET OF THE BOARD. THE COMPARATIVE INFORMATION IS DERIVED FROM A VARIETY OF SOURCES, IN PARTICULAR, SIMIAR SIZE NOT FOR PROFIT ORGANIZATIONS, AND IS USED AS A GUIDE IN SETTING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE 2023 AUDITED FINANCIAL STATEMENTS AND THE 2023 FORM 990 AND REQUIRED SCHEDULES ARE POSTED ON THE ORGANIZATION'S WEBSITE. WHEN COMPLETED, THE 2024 AUDITED FINANCIAL STATEMENTS WILL BE POSTED ON THE ORGANIZATION'S WEBSITE ALONG WITH THE 2024 FORM 990 AND ALL SCHEDULES THERETO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NO MEMBERS OF THE BOARD ARE COMPENSATED FOR THEIR SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8REVENUE OFFSET BY COGS 0 COST OF GOODS SOLD 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE ORGANIZATION HAS AN AUDIT COMMITTEE CONSISTING OF THREE BOARD MEMBERS. THE COMMITTEES CHARTER WAS APPROVED BY THE BOARD. THE COMMITTEE PROVIDED THE FINAL REVIEW AND APPROVAL OF THE 2024 FORM 990 DRAFT RECOMMENDING FILING TO THE BOARD WHICH WAS UNANIMOUSLY APPROVED. AS TO THE AUDIT PROCESS, THE EXECUTIVE DIRECTOR AND OPERATIONS MANAGER GATHERED THE AUDITORS REQUESTED DOCUMENTS ANSWERING QUESTIONS AND RESPONDING TO AUDITOR INQUIRIES AS THEY AROSE IN THE TESTING AND VOUCHING PROCESS. MATTERS CONCERNING ACCOUNTING POLICY. DISCLOSURES, FINANCIAL PRESENTATION, TO NAME A FEW, WERE ADMINISTERED BY THE TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XII
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