Civic Intelligence

Her 2 Nd Chance Inc

990 • Fiscal year 2022 • EIN 83-1405102

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 12, 2023

1300 NW Boca Raton BlvdBoca Raton, FL 33431

(561) 405-6346

Siviq Scores

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

Liabilities / Assets

60th percentile

0.05x

Higher debt load relative to assets than 60% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

51st percentile

0.02x

Higher debt load relative to revenue than 51% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

42nd percentile

2.2%

Higher net margin than 42% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

47th percentile

0.8%

Faster asset growth than 47% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

60th percentile

17%

Faster revenue growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$194,528

Up $1,474 (+0.8%) from 2021

Net Assets

Up

$184,328

Up $9,738 (+5.6%) from 2021

Liabilities

Down

$10,200

Down $8,264 (-45%) from 2021

Revenue

Up

$448,035

Up $64,912 (+17%) from 2021

Expenses

Up

$438,297

Up $53,834 (+14%) from 2021

Net Income

Up

$9,738

Up $11,078 (+827%) 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 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

2022

Assets$194,528
Liabilities$10,200
Net Assets$184,328

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$448,035
Expenses$438,297
Net Income$9,738
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 12, 2023
Return Version
2022v5.0
Gross Receipts
$610,246
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
Cash and Non-Interest-Bearing Accounts$177,435$167,977▼ $9,458
Inventories for Sale or Use$8,418$14,686▲ $6,268
Prepaid Expenses and Deferred Charges$6,000$10,074▲ $4,074
Accounts Receivable$1,201$1,441▲ $240
Total Assets$193,054$194,528▲ $1,474
Other Assets Total-$350-
Liabilities
Accounts Payable and Accrued Expenses$18,464$10,200▼ $8,264
Total Liabilities$18,464$10,200▼ $8,264
Net Assets / Fund Balance
Net Assets With Donor Restrictions$75,000$146,534▲ $71,534
Net Assets Without Donor Restrictions$99,590$37,794▼ $61,796
Total Net Assets Fund Balance$174,590$184,328▲ $9,738
Total Liabilities and Net Assets / Fund Balance$193,054$194,528▲ $1,474
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christopher MalfitanoPresident &
Ariadne ReimanDirector
Bruce RosettoDirector
Caternine SilkDirector
Janette BarredoDirector
Joel L MosesDirector
Kristen MiglianoDirector
Keely CopelandFounder & Di
Sarah LucasSecretary &
Casey L GunnellTreasurer &
Revenue and Support

Revenue Composition

Contributions and Grants
$381,376
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$66,659
All Other Contributions
$381,376
Change in Net Assets
$9,738

Audited Revenue Reconciliation

Revenue per Audited Statements
$610,246
Revenue Not Reported on Financial Statements
$-162,211
Other Revenue Adjustments
$-162,211
Total Revenue per Audited Statements
$610,246
Total Revenue per Form 990
$448,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$302,900
Other Expenses$126,696
Total Fundraising Expense$29,145
Professional Fundraising Fees$8,701
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$184,681--$184,681
Current Officers, Directors, Trustees, and Key Employees$64,020$9,038$2,260$75,318
Occupancy$41,541$2,187-$43,728
Office Expenses$23,492$1,190$27$24,709
Payroll Taxes$21,128$691$172$21,991
Other Employee Benefits$20,001$727$182$20,910
Advertising--$17,760$17,760
Fees for Services Management$13,340--$13,340
Insurance$8,497$348$43$8,888
Fees for Services Professional Fundraising--$8,701$8,701
Fees for Services Accounting-$6,583-$6,583
Fees for Services Other-$3,000-$3,000
Information Technology$348--$348
Other Expenses$7,668$268-$268
Total Functional Expenses$384,716$24,436$29,145$438,297

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$600,508
Total Expenses per Audited Statements$600,508
Total Expenses per Form 990$438,297
Expenses Not Reported on Financial Statements$-162,211
Other Expense Adjustments$-162,211
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$8,701
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 8B

During 2022, no committees of the board, other than the executive committee, were formed. Other than the responsibilities of the exectuive committee members to provide operational oversight reporting its activities to the board, all committee work was performed at the board level.

Form 990, Page 6, Part VI, Line 11B

The form 990 was drafted by the treasurer and reviewed with the executive committee before presenting to the independent auditor for review and comment. Once these reviews were completed with the agreed changes incorporated into form 990, the final draft was given to the board for further comment. The process culminated with unanimous board approval to timely file the 2022 form 990 including all of the associated schedules.

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 2021 audited financial statements and the 2021 form 990 and required schedules are posted on the organization's website. When completed, the 2022 audited financial statements will be posted on the organization's website along with the 2022 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
Second Chance Initiative Inc
EIN
83-1405102
Phone
5614056346
Address
1300 NW BOCA RATON BLVD, BOCA RATON, FL 33431

Signing Officer

Name
Christopher Malfitano
Title
President & Chairman
Phone
5612897291
Signed
2023-07-12

Organization Details

Principal Officer
Christopher Malfitano
Voting Board Members
10
Independent Board Members
6
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. No purchases in 2022 exceeded the threshold.

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

Cost of goods sold 162,211 cost of goods sold -162,211

Form 990, Part XII

The organization does not have a committee providing oversight of the independent auditor. The treasurer who is a board member provided 2022 audit oversight reporting to the executive committee and the board. The executive director and operations manager gather the requested documents answering questions and responding to 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 4B

Cost of goods sold -162,211

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

Cost of goods sold -162,211

Schedule D, Page 4, Part XIII

The (162,211) is the cost of goods sold shown in the december 31, 2022 audited financial statement expenses but reflected on the 2022 form 990 part vii line 10b as a component in the calculation of net income or (loss) from sale of inventory. The cost of goods sold is deducted from the revenue on the 2022 form 990 and not included in part ix of functional expenses. The presentation in the 2022 form 990 compared to that in the december 31, 2022 audited financial statements yield the same amount of change in net assets.

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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt04313
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0350
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0182
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0727
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt020910
IRS990/OtherExpensesGrp/Desc0EQUIPMENT
IRS990/OtherExpensesGrp/Desc1LICENSE AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0404
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1268
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0184681
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0172
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0691
IRS990/PayrollTaxesGrp/ProgramServicesAmt021128
IRS990/PayrollTaxesGrp/TotalAmt021991
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010074
IRS990/PrincipalOfficerNm0CHRISTOPHER MALFITANO
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IRS990/PYOtherExpensesAmt083198
IRS990/PYOtherRevenueAmt083921
IRS990/PYRevenuesLessExpensesAmt0-1343
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IRS990/RevenueAmt066659
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PART II SECTION B LINE 12 - GROSS RECEIPTS RELATED TO ACTIVITIES, ETC. THE 1,280,342 REPORTED IS THE SUM OF THE GROSS SALES OF INVENTORY LESS RETURNS AND ALLOWANCES AS REPORTED ON FORM 990, PART VII, 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 CUSTOME JEWELRY SALES. THE CONTRIBUTION MARGIN, THE AMOUNT AVAILABLE TO FUND EXPENSES FROM THESE SALES FOR THE PERIOD REPORTED HEREIN, TOTALS 421,178.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0381376
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0263757
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0215231
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0126000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt030980
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01017344
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01280342
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0829425
IRS990ScheduleA/SubstantialContributorsTotAmt0187919
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0381376
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0263757
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0215231
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0126000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt030980
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01017344
IRS990ScheduleA/TotalSupportAmt01017344
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/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-162211
IRS990ScheduleD/ExpensesSubtotalAmt0600508
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-162211
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-162211
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-162211
IRS990ScheduleD/RevenueSubtotalAmt0610246
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COST OF GOODS SOLD -162,211
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD -162,211
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE (162,211) IS THE COST OF GOODS SOLD SHOWN IN THE DECEMBER 31, 2022 AUDITED FINANCIAL STATEMENT EXPENSES BUT REFLECTED ON THE 2022 FORM 990 PART VII LINE 10B AS A COMPONENT IN THE CALCULATION OF NET INCOME OR (LOSS) FROM SALE OF INVENTORY. THE COST OF GOODS SOLD IS DEDUCTED FROM THE REVENUE ON THE 2022 FORM 990 AND NOT INCLUDED IN PART IX OF FUNCTIONAL EXPENSES. THE PRESENTATION IN THE 2022 FORM 990 COMPARED TO THAT IN THE DECEMBER 31, 2022 AUDITED FINANCIAL STATEMENTS YIELD THE SAME AMOUNT OF CHANGE IN NET ASSETS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XIII
IRS990ScheduleD/TotalExpensesPerForm990Amt0438297
IRS990ScheduleD/TotalRevenuePerForm990Amt0448035
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0610246
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0600508
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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. NO PURCHASES IN 2022 EXCEEDED THE THRESHOLD.
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/ExplanationTxt3DURING 2022, NO COMMITTEES OF THE BOARD, OTHER THAN THE EXECUTIVE COMMITTEE, WERE FORMED. OTHER THAN THE RESPONSIBILITIES OF THE EXECTUIVE COMMITTEE MEMBERS TO PROVIDE OPERATIONAL OVERSIGHT REPORTING ITS ACTIVITIES TO THE BOARD, ALL COMMITTEE WORK WAS PERFORMED AT THE BOARD LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 WAS DRAFTED BY THE TREASURER AND REVIEWED WITH THE EXECUTIVE COMMITTEE BEFORE PRESENTING TO THE INDEPENDENT AUDITOR FOR REVIEW AND COMMENT. ONCE THESE REVIEWS WERE COMPLETED WITH THE AGREED CHANGES INCORPORATED INTO FORM 990, THE FINAL DRAFT WAS GIVEN TO THE BOARD FOR FURTHER COMMENT. THE PROCESS CULMINATED WITH UNANIMOUS BOARD APPROVAL TO TIMELY FILE THE 2022 FORM 990 INCLUDING ALL OF THE ASSOCIATED SCHEDULES.
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/ExplanationTxt6THE 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/ExplanationTxt7ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE 2021 AUDITED FINANCIAL STATEMENTS AND THE 2021 FORM 990 AND REQUIRED SCHEDULES ARE POSTED ON THE ORGANIZATION'S WEBSITE. WHEN COMPLETED, THE 2022 AUDITED FINANCIAL STATEMENTS WILL BE POSTED ON THE ORGANIZATION'S WEBSITE ALONG WITH THE 2022 FORM 990 AND ALL SCHEDULES THERETO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NO MEMBERS OF THE BOARD ARE COMPENSATED FOR THEIR SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9COST OF GOODS SOLD 162,211 COST OF GOODS SOLD -162,211
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10THE ORGANIZATION DOES NOT HAVE A COMMITTEE PROVIDING OVERSIGHT OF THE INDEPENDENT AUDITOR. THE TREASURER WHO IS A BOARD MEMBER PROVIDED 2022 AUDIT OVERSIGHT REPORTING TO THE EXECUTIVE COMMITTEE AND THE BOARD. THE EXECUTIVE DIRECTOR AND OPERATIONS MANAGER GATHER THE REQUESTED DOCUMENTS ANSWERING QUESTIONS AND RESPONDING TO 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 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PART XII
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IRS990/WebsiteAddressTxt0HER2NDCHANCE.ORG
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTOPHER MALFITANO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum05612897291
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SECOND CHANCE INITIATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0SECO
ReturnHeader/Filer/EIN0831405102
ReturnHeader/Filer/PhoneNum05614056346
ReturnHeader/Filer/USAddress/AddressLine1Txt01300 NW BOCA RATON BLVD
ReturnHeader/Filer/USAddress/CityNm0BOCA RATON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033431
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273979541
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STEVE RICE CPA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02810 NW 69TH AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARGATE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0330632000
ReturnHeader/PreparerPersonGrp/PhoneNum09542634878
ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVE RICE

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