Civic Intelligence

Second Chance Net Inc.

990EZ • Fiscal year 2021 • EIN 84-4072210

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 10, 2022

29030 SW Town Center Loop East SteWilsonville, OR 97070

(503) 836-3880

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

70th percentile

25%

Higher net margin than 70% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

41st percentile

0.0%

Faster asset growth than 41% of similar nonprofits.

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

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

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

Assets

Up

$10,682

Up $5 (+0.0%) from 2020

Net Assets

Up

$10,682

Up $5 (+0.0%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$20

Down $10,980 (-100%) from 2020

Expenses

Down

$15

Down $308 (-95%) from 2020

Net Income

Down

$5

Down $10,672 (-100%) from 2020

Historical Trend

Balance Sheet Trend

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

$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

2021

Assets$10,682
Liabilities$0
Net Assets$10,682

Operations Trend

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

2021

Revenue$20
Expenses$15
Net Income$5
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 10, 2022
Return Version
2021v4.0
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.-$15
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER SHIKLIPresidentFT$0--
ADAM SPENCERVice Preside-$0--
CRYSTAL SCOTTSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Second Chance Net
EIN
84-4072210
Phone
5038363880
Address
29030 SW TOWN CENTER LOOP EAST STE, WILSONVILLE, OR 97070

Signing Officer

Name
Peter Shikli
Title
President
Phone
5038363880
Signed
2022-02-10
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 bank service charges 15 total 15

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 Appendix116 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WILSONVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
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IRS990EZ/PrimaryExemptPurposeTxt0SECOND 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt015
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IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt015
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IRS990EZ/TotalRevenueAmt020
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0SECONDCHANCENET.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt020
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt011000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt011020
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt020
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt011000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt011020
IRS990ScheduleA/TotalSupportAmt011020
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK SERVICE CHARGES 15 TOTAL 15
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SECOND 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO 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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/ReturnTs02022-02-17T13:58:53-06:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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