Civic Intelligence

Second Chance Net

EIN 84-4072210 • 501(c)3 • Woodburn, OR

Profile

Second chance net has fielded second chance incubator, a correctional industry version of a private-sector incubator as used to transition ideas rapidly and cost-effectively into operational proof-of-concept businesses, but in this case within the resources and security restrictions common to prisons. The second chance incubator will develop businesses focused on information technologies so inmates can develop job skills with a future, earn a seat at the nation's digital table upon release and thus reduce recidivism.

PO Box 164Woodburn, OR 97071

secondchancenet.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

78th percentile

25%

Higher net margin than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

54th percentile

0.0%

Faster asset growth than 54% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,166

Down $963 (-45%) from 2023

Liabilities

Up

$827

Up $110 (+15%) from 2023

Net Assets

Down

$339

Down $1,073 (-76%) from 2023

Revenue

Down

$20

Down $180 (-90%) from 2023

Expenses

Up

$1,093

Up $375 (+52%) from 2023

Net Income

Down

-$1,073

Down $555 (-107%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2020: $10,677Liabilities 2020: $0Net Assets 2020: $10,6772020Assets 2021: $10,682Liabilities 2021: $0Net Assets 2021: $10,6822021Assets 2023: $2,129Liabilities 2023: $717Net Assets 2023: $1,4122023Assets 2024: $1,166Liabilities 2024: $827Net Assets 2024: $3392024

Highlighted filing

2024

Assets$1,166
Liabilities$827
Net Assets$339

Operations Trend

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

$15K$10K$5.0K$0-$5.0KRevenue 2020: $11,000Expenses 2020: $323Net Income 2020: $10,6772020Revenue 2021: $20Expenses 2021: $15Net Income 2021: $52021Revenue 2023: $200Expenses 2023: $718Net Income 2023: -$5182023Revenue 2024: $20Expenses 2024: $1,093Net Income 2024: -$1,0732024

Highlighted filing

2024

Revenue$20
Expenses$1,093
Net Income-$1,073

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 25, 2025
Return Version
2024v5.0
Gross Receipts
$20
Mission and Program Overview

Mission

Second chance net has fielded second chance incubator, a correctional industry version of a private-sector incubator as used to transition ideas rapidly and cost-effectively into operational proof-of-concept businesses, but in this case within the resources and security restrictions common to prisons. The second chance incubator will develop businesses focused on information technologies so inmates can develop job skills with a future, earn a seat at the nation's digital table upon release and thus reduce recidivism.

Program Services

DescriptionGrantsExpenses
TO FIELD THE SECOND CHANCE INCUBATOR THAT WILL DEVELOP BUSINESSES FOCUSED ON INFORMATION TECHNOLOGIES SO INMATES CAN DEVELOP JOB SKILLS WITH A FUTURE, EARN A SEAT AT THE NATION'S DIGITAL TABLE UPON RELEASE AND THUS REDUCE RECIDIVISM.-$938
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER SHIKLIPresident-$0--
ADAM SPENCERVice Preside-$0--
EDITH RADNOTITreasuer-$0--
Filing and Contact Details

Filer

Filer Name
Second Chance Net
EIN
84-4072210
Phone
9496773705
Address
PO BOX 164, WOODBURN, OR 97071

Signing Officer

Name
Peter Shikli
Title
President
Phone
5038363880
Signed
2025-02-25
Discuss with paid preparer
Yes

Preparer

Firm
Bennett Tax and Accounting Pc
Address
30240 SW PARKWAY AVE STE 100, WILSONVILLE, OR 97070-7893
Preparer
Joshua S Bennett
Phone
5035820181
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses software expense 857 interest paid 3 bank service charges 58 oregon ct-12 tax 20 total 938

Form 990-ez, Part II, Line 24

6,474 6,474 less accumulated depreciation 6,474 6,474 total 0 0

Form 990-ez, Part II, Line 26

Ic loan - access2online 717 0 credit card payable 0 110 note payable 0 717

Form 990-ez, Part III

Second chance net has fielded second chance incubator, a correctional industry version of a private-sector incubator as used to transition ideas rapidly and cost-effectively into operational proof-of-concept businesses, but in this case within the resources and security restrictions common to prisons. The second chance incubator will develop businesses focused on information technologies so inmates can develop job skills with a future, earn a seat at the nation's digital table upon release and thus reduce recidivism.

Form 990-ez, Part III, Line 28

To field the second chance incubator that will develop businesses focused on information technologies so inmates can develop job skills with a future, earn a seat at the nation's digital table upon release and thus reduce recidivism.

Raw XML Appendix122 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES SOFTWARE EXPENSE 857 INTEREST PAID 3 BANK SERVICE CHARGES 58 OREGON CT-12 TAX 20 TOTAL 938
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16,474 6,474 LESS ACCUMULATED DEPRECIATION 6,474 6,474 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IC LOAN - ACCESS2ONLINE 717 0 CREDIT CARD PAYABLE 0 110 NOTE PAYABLE 0 717
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SECOND CHANCE NET HAS FIELDED SECOND CHANCE INCUBATOR, A CORRECTIONAL INDUSTRY VERSION OF A PRIVATE-SECTOR INCUBATOR AS USED TO TRANSITION IDEAS RAPIDLY AND COST-EFFECTIVELY INTO OPERATIONAL PROOF-OF-CONCEPT BUSINESSES, BUT IN THIS CASE WITHIN THE RESOURCES AND SECURITY RESTRICTIONS COMMON TO PRISONS. THE SECOND CHANCE INCUBATOR WILL DEVELOP BUSINESSES FOCUSED ON INFORMATION TECHNOLOGIES SO INMATES CAN DEVELOP JOB SKILLS WITH A FUTURE, EARN A SEAT AT THE NATION'S DIGITAL TABLE UPON RELEASE AND THUS REDUCE RECIDIVISM.
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