J — EmploymentEIN: 522276640· Ruling Year: 2001

Second Chance Inc

Baltimore, Maryland

B+Health Score
74B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.34×
Peer Median4.74×
💰
$13.2M
Total Revenue
📊
$13.2M
Total Expenses
🏦
$17.7M
Net Assets
📋
$5.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.0%
Year-over-year change (2022 → 2023)
Net Margin
-0.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.34
Net assets divided by total expenses
Liabilities-to-Assets
23.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$13,176,232↓2%$13,199,417↑11%$23,276,732↓1%
2022$13,442,562↑1%$11,900,876↑6%$23,418,043↑2%
2021$13,264,528↑36%$11,179,554↑20%$22,971,247↑10%
2020$9,784,965↓10%$9,352,888↓3%$20,877,727↑5%
2019$10,922,769$9,645,736↓1%$19,878,792↑5%
2018$10,871,740↓11%$9,748,277↓2%$18,890,104↑9%
2017$12,256,354↑17%$9,994,595↑24%$17,406,299↑11%
2016$10,474,480↑8%$8,034,442$15,624,236↑21%
2015$9,677,808↑54%$8,025,104↑41%$12,865,299↑17%
2014$6,286,155↑10%$5,703,676↑9%$11,034,781↑6%
2013$5,730,694↑1%$5,237,894↑4%$10,404,291↑1%
2012$5,666,185↑23%$5,037,621↑17%$10,265,446↑163%
2011$4,605,248$4,299,265$3,903,521

Frequently Asked Questions

What does Second Chance Inc do?▼

Second Chance Inc is a employment nonprofit organization based in Maryland. It is classified under NTEE code J20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Second Chance Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Second Chance Inc has a score of 74/100 (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 Second Chance Inc generate?▼

Second Chance Inc reports $34.8M in annual revenue and holds $24.4M in total assets, based on IRS filings.

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Second Chance Inc — Baltimore, MD | GiveScope