Second Chances Inc
Somerville, Massachusetts
A-Health Score
77A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$365K
Total Revenue
📊
$265K
Total Expenses
🏦
$401K
Net Assets
📋
$7K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+55.3%
Year-over-year change (2022 → 2023)
Net Margin
+27.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.51
Net assets divided by total expenses
Liabilities-to-Assets
1.8%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $365,353↑55% | $265,026↑33% | $408,519↑35% | — |
| 2022 | $235,181↑18% | $199,173↑33% | $302,668↑14% | — |
| 2021 | $199,346↑17% | $149,473↑6% | $264,832↑23% | — |
| 2020 | $170,043↑32% | $141,093↑39% | $215,743↑16% | — |
| 2019 | $129,106↑40% | $101,161↑28% | $186,447↑18% | — |
| 2018 | $92,005↓6% | $78,959↑2% | $158,209↑7% | — |
| 2017 | $98,295↓4% | $77,231↑24% | $147,480↑19% | — |
| 2016 | $102,288↑28% | $62,457↓12% | $124,015↑47% | — |
| 2015 | $80,134↑52% | $71,079↑99% | $84,104↑12% | — |
| 2014 | $52,584 | $35,661↑9% | $75,294↑30% | — |
| 2013 | $52,730↑33% | $32,577↓9% | $58,040↑48% | — |
| 2012 | $39,633↑6% | $35,887↑3% | $39,341↑13% | — |
| 2011 | $37,242 | $34,850 | $34,755 | — |
Frequently Asked Questions
What does Second Chances Inc do?▼
Second Chances Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P85 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Second Chances Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Second Chances Inc.
How much revenue does Second Chances Inc generate?▼
Second Chances Inc reports $300K in annual revenue and holds $413K in total assets, based on IRS filings.
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