Second Chances Garage
Frederick, Maryland
CHealth Score
37C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
๐ฐ
$1.0M
Total Revenue
๐
$1.1M
Total Expenses
๐ฆ
$131K
Net Assets
๐
$281K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+9.0%
Year-over-year change (2022 โ 2023)
Net Margin
-7.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.12
Net assets divided by total expenses
Liabilities-to-Assets
68.2%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,039,736โ9% | $1,114,280โ8% | $412,300โ14% | |
| 2022 | $954,312โ11% | $1,027,936โ6% | $479,230โ38% | โ |
| 2021 | $1,073,057โ14% | $1,096,144โ25% | $348,513โ6% | โ |
| 2020 | $942,968โ4% | $876,701โ12% | $327,328โ25% | โ |
| 2019 | $981,454โ26% | $993,558โ28% | $262,412โ1% | โ |
| 2018 | $781,036โ26% | $778,727โ46% | $266,140โ2% | โ |
| 2017 | $620,479โ34% | $534,059โ37% | $261,573โ34% | โ |
| 2016 | $464,025โ28% | $389,679โ15% | $195,580โ79% | โ |
| 2015 | $361,590โ20% | $338,559โ4% | $109,000โ16% | โ |
| 2014 | $300,478โ2% | $352,854โ25% | $93,987โ30% | โ |
| 2013 | $306,256โ104% | $283,008โ95% | $72,324โ54% | โ |
| 2012 | $150,073โ110% | $144,918โ289% | $46,925โ11% | โ |
| 2011 | $71,577 | $37,285 | $42,301 | โ |
Frequently Asked Questions
What does Second Chances Garage do?โผ
Second Chances Garage is a human services nonprofit organization based in Maryland. It is classified under NTEE code P80 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Second Chances Garage financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Second Chances Garage.
How much revenue does Second Chances Garage generate?โผ
Second Chances Garage reports $1.2M in annual revenue and holds $393K in total assets, based on IRS filings.
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