Civic Intelligence

Second Chance Net Inc.

990EZ • Fiscal year 2025 • EIN 84-4072210

Jan 01, 2025 to Dec 31, 2025

PO Box 164Woodburn, OR 97071

(949) 677-3705

Siviq Scores

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

Liabilities / Assets

95th percentile

0.76x

Higher debt load relative to assets than 95% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

83rd percentile

0.07x

Higher debt load relative to revenue than 83% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

39th percentile

-0.9%

Higher net margin than 39% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

26th percentile

-14%

Faster asset growth than 26% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

100th percentile

54855%

Faster revenue growth than 100% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,006

Down $160 (-14%) from 2024

Net Assets

Down

$241

Down $98 (-29%) from 2024

Liabilities

Down

$765

Down $62 (-7.5%) from 2024

Revenue

Up

$10,991

Up $10,971 (+54855%) from 2024

Expenses

Up

$11,089

Up $9,996 (+915%) from 2024

Net Income

Up

-$98

Up $975 (+91%) from 2024

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: $3392024Assets 2025: $1,006Liabilities 2025: $765Net Assets 2025: $2412025

Highlighted filing

2025

Assets$1,006
Liabilities$765
Net Assets$241

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: -$1,0732024Revenue 2025: $10,991Expenses 2025: $11,089Net Income 2025: -$982025

Highlighted filing

2025

Revenue$10,991
Expenses$11,089
Net Income-$98
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 16, 2026
Return Version
2025v4.0
Gross Receipts
$10,991
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.-$11,089
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER SHIKLIPresidentPT$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
2026-02-16
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 office supplies 98 technical services 10,991 total 11,089

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

Credit card payable 110 0 note payable 717 765

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 OFFICE SUPPLIES 98 TECHNICAL SERVICES 10,991 TOTAL 11,089
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16,474 6,474 LESS ACCUMULATED DEPRECIATION 6,474 6,474 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT CARD PAYABLE 110 0 NOTE PAYABLE 717 765
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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO 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.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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ReturnHeader/ReturnTs02026-04-02T12:14:54-04:00
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ReturnHeader/TaxPeriodBeginDt02025-01-01
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ReturnHeader/TaxYr02025

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Filings