Civic Intelligence

Second Chance Studios

EIN 84-4730397 • 501(c)3 • Washington, DC

Profile

The mission of Second Chance Studios is to employ, train and empower formerly incarcerated individuals from New York City to help them gain a marketable skill-set and overcome the barriers to re-joining the workforce.

611 Pennsylvania Ave SE 143Washington, DC 20003

n/A

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

74th percentile

20%

Higher net margin than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$5,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

10th percentile

-80%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $9,725 (-100%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$0

Up $22,201 (+100%) from 2022

Operations
Liabilities / RevenueScore unavailableNet Margin74th percentile

Revenue

Down

$111,011

Down $439,306 (-80%) from 2022

Expenses

Down

$88,810

Down $726,129 (-89%) from 2022

Net Income

Up

$22,201

Up $286,823 (+108%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$300K$200K$100K$0-$100KAssets 2020: $136,474Liabilities 2020: $11,833Net Assets 2020: $124,6412020Assets 2021: $245,263Liabilities 2021: $2,842Net Assets 2021: $242,4212021Assets 2022: $9,725Liabilities 2022: $31,926Net Assets 2022: -$22,2012022Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities-
Net Assets$0
Open 2023 Filing

Operations Trend

Revenue Growth10th percentile

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

$1.0M$500K$0-$500KRevenue 2020: $202,745Expenses 2020: $78,104Net Income 2020: $124,6412020Revenue 2021: $458,151Expenses 2021: $340,371Net Income 2021: $117,7802021Revenue 2022: $550,317Expenses 2022: $814,939Net Income 2022: -$264,6222022Revenue 2023: $111,011Expenses 2023: $88,810Net Income 2023: $22,2012023

Highlighted filing

2023

Revenue$111,011
Expenses$88,810
Net Income$22,201
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$111,011
Expenses
$88,810
Net income
$22,201
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$1.11$0.89$0.22
2022Detailed filing. Detailed filing data is available for this year.$0.10$0.32$0.22$5.50$8.15$2.65
2021Detailed filing. Detailed filing data is available for this year.$2.45$0.03$2.42$4.58$3.40$1.18
2020Detailed filing. Detailed filing data is available for this year.$1.36$0.12$1.25$2.03$0.78$1.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 22, 2024
Return Version
2023v5.0
Gross Receipts
$111,011
Mission and Program Overview

Mission

The mission of Second Chance Studios is to employ, train and empower formerly incarcerated individuals from New York City to help them gain a marketable skill-set and overcome the barriers to re-joining the workforce.

Program Services

DescriptionGrantsExpenses
In 2023, Second Chance Studios wound up operations.-$70,382
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lajuanda AsemotaPresident & CEOFT$5,000-$5,000
Ravi GuptaChairman-$0--
Coss MarteVice President-$0--
Alfred JohnsonTreasurer-$0--
Natalie PapillionDirector-$0--
Jordan VaughnDirector-$0--
Filing and Contact Details

Filer

Filer Name
Second Chance Studios
EIN
84-4730397
Phone
2025520221
Address
611 Pennsylvania Ave SE 143, Washington, DC 20003

Signing Officer

Name
Ravi Gupta
Title
Chairman
Signed
2024-05-22
Discuss with paid preparer
Yes

Preparer

Firm
MBA Consulting Group
Address
611 Pennsylvania Ave SE Num 143, Washington, DC 20003
Preparer
Steve Mele
Phone
2025520221
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $600”

Other Expenses.1002

“Office Expenses $1401”

Other Expenses.1003

“Information Technology $2608”

Other Expenses.1012

“Insurance $894”

Other Expenses.1

“Merchant Fees $627”

Other Expenses.2

“Bank Fees $455”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $31926 Accounts Payable and Accrued Expenses - Ending $0”

Raw XML Appendix184 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/CityNm0Washington
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IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-22201
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt55000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Ravi Gupta
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Coss Marte
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Lajuanda Asemota
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5President & CEO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt06585
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt070382
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt065994
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt031926
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt088810
IRS990EZ/TotalProgramServiceExpensesAmt070382
IRS990EZ/TotalRevenueAmt0111011
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0110011
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0550317
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0458151
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0120810
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01239289
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt01214075
IRS990ScheduleA/SubstantialContributorsTotAmt025214
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0110011
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0550317
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0458151
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0120810
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01239289
IRS990ScheduleA/TotalSupportAmt01239289
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0false
IRS990ScheduleN/BondLiabilitiesDischargedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Cash
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02023-12-27
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt054
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0Invoice
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0611 Pennsylvania Ave SE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Washington
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0DC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd020003
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1401
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $894
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Merchant Fees $627
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Fees $455
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ravi Gupta
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Second Chance Studios
ReturnHeader/Filer/BusinessNameControlTxt0SECO
ReturnHeader/Filer/EIN0844730397
ReturnHeader/Filer/PhoneNum02025520221
ReturnHeader/Filer/USAddress/AddressLine1Txt0611 Pennsylvania Ave SE 143
ReturnHeader/Filer/USAddress/CityNm0Washington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020003
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471028527
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Washington
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ReturnHeader/PreparerPersonGrp/PhoneNum02025520221
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steve Mele
ReturnHeader/ReturnTs02024-05-22T11:48:17-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Ravi
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Gupta
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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