W โ€” Public & Societal BenefitEIN: 202624345ยท Ruling Year: 2005

Operation Second Chance Inc

Clarksburg, Maryland

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$2.2M
Total Revenue
๐Ÿ“Š
$1.5M
Total Expenses
๐Ÿฆ
$7.4M
Net Assets
๐Ÿ“‹
$360K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+31.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.83
Net assets divided by total expenses
Liabilities-to-Assets
4.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,230,698โ†‘6%$1,537,151โ†“6%$7,784,744โ†‘9%
2022$2,107,891โ†“34%$1,627,034โ†‘7%$7,139,777โ†‘2%
2021$3,170,409โ†‘49%$1,523,150โ†‘31%$7,020,759โ†‘28%
2020$2,124,911โ†“33%$1,160,029โ†“27%$5,467,156โ†‘48%
2019$3,189,430โ†‘119%$1,599,001โ†‘8%$3,687,727โ†‘83%
2018$1,453,562โ†“4%$1,481,454โ†‘33%$2,011,346โ†“3%
2017$1,520,533โ†‘28%$1,112,969โ†‘2%$2,077,833โ†‘25%
2016$1,192,139โ†“20%$1,091,353โ†‘6%$1,668,569โ†‘7%
2015$1,484,023โ†‘25%$1,028,376โ†‘10%$1,564,121โ†‘41%
2014$1,187,184โ†‘27%$936,944โ†‘14%$1,110,372โ†‘30%
2013$934,811โ†‘15%$821,189โ†‘17%$857,232โ†‘16%
2012$813,161โ†‘27%$704,092โ†‘39%$742,010โ†‘17%
2011$642,280$508,079$635,606

Frequently Asked Questions

What does Operation Second Chance Inc do?โ–ผ

Operation Second Chance Inc is a public & societal benefit nonprofit organization based in Maryland. It is classified under NTEE code W30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Operation Second Chance Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Operation Second Chance Inc has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Operation Second Chance Inc generate?โ–ผ

Operation Second Chance Inc reports $3.0M in annual revenue and holds $8.5M in total assets, based on IRS filings.

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Operation Second Chance Inc โ€” Clarksburg, MD | GiveScope