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← SECOND CHANCE GLOBAL

Form 990 for tax year 2023

Filed by SECOND CHANCE GLOBAL.

What the amendment changed

Compared with the return it replaced , filed 26 February 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$298,719 changed to $677,080
Total expenses
$270,748 changed to $700,299
Contributions and grants received
$298,719 changed to $746,500
Grants paid
$85,437 changed to $147,299
Investment income
$0 changed to $395
Other revenue
$0 changed to -$69,815
Total assets, end of year
$352,305 changed to $451,453
Total liabilities, end of year
$4,905 changed to $127,269
Net assets or fund balances, end of year
$347,400 changed to $324,184
Program services expenses
$202,852 changed to $553,641
Management and general expenses
$45,466 changed to $112,481
Fundraising expenses
$22,430 changed to $34,177
Program service expenses (Part III)
$202,852 changed to $553,641

Listed only on the earlier return

  • Jeffery Petress Jr
  • Peter Sawyer
  • Preston Cunningham
  • Scott Miller

Listed only on the later return

  • Jeffery Allen Petress Jr

Listed under a different title

  • Ashley Petress: Founder, Executive Director, Board Member then FounderExecutive Dir Board

Totals

Total revenue
$677,080
Total expenses
$700,299
Contributions and grants received
$746,500
Grants paid
$147,299
Program service revenue
$0
Investment income
$395
Other revenue
-$69,815
Total assets, end of year
$451,453
Total liabilities, end of year
$127,269
Net assets or fund balances, end of year
$324,184
Program services expenses (Part IX)
$553,641
Management and general expenses
$112,481
Fundraising expenses
$34,177
Program service expenses (Part III)
$553,641

Program services were 79.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $311,066

  • 1f · All other contributions, gifts and grants

    $435,434

  • 3 · Investment income

    total $395 · related or exempt $395

  • 8a · Fundraising events: contributions included on line 1c

    $311,066

  • 8b · Fundraising events: direct expenses

    $69,815

  • 8c · Net income from fundraising events

    total -$69,815 · unrelated business -$69,815

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,000 · program services $2,000

  • 3 · Grants to foreign organizations and individuals

    total $145,299 · program services $145,299

  • 5 · Compensation of officers, directors and key employees

    total $195,397 · program services $155,170 · management and general $20,025 · fundraising $20,202

  • 10 · Payroll taxes

    total $36,562 · program services $20,997 · management and general $7,975 · fundraising $7,590

  • 11b · Fees: legal

    total $642 · management and general $642

  • 11c · Fees: accounting

    total $4,994 · management and general $4,994

  • 11g · Fees: other

    total $15,202 · program services $15,202

  • 12 · Advertising and promotion

    total $8,767 · program services $7,035 · management and general $1,732

  • 13 · Office expenses

    total $13,965 · program services $3,289 · management and general $10,676

  • 14 · Information technology

    total $23,835 · program services $9,749 · management and general $14,086

  • 16 · Occupancy

    total $4,471 · management and general $4,471

  • 17 · Travel

    total $129,264 · program services $128,575 · fundraising $689

  • 19 · Conferences, conventions and meetings

    total $38,725 · program services $25,257 · management and general $13,468

  • 22 · Depreciation, depletion and amortization

    total $4,545 · program services $4,545

  • 24a · Other expenses: Purpose Project

    total $25,007 · program services $25,007

  • 24b · Other expenses: Second Chance Haiti

    total $2,385 · program services $2,385

  • 24c · Other expenses: Second Chance Dominican Repu

    total $841 · program services $841

  • 24d · Other expenses: Allocation of Subscription E

    total $30,435 · management and general $30,435

  • 24e · All other expenses

    total $17,963 · program services $8,290 · management and general $3,977 · fundraising $5,696

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $144,012 · end of year $119,448

  • 10a · Land, buildings and equipment: cost or other basis

    $223,255

  • 10b · Land, buildings and equipment: accumulated depreciation

    $19,508

  • 10c · Land, buildings and equipment, net

    beginning of year $208,293 · end of year $203,747

  • 14 · Intangible assets

    end of year $124,658

  • 15 · Other assets

    end of year $3,600

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,905 · end of year $2,060

  • 23 · Secured mortgages and notes payable

    end of year $108,366

  • 25 · Other liabilities

    end of year $16,843

  • 31 · Retained earnings, endowment or other funds

    beginning of year $347,400 · end of year $324,184

Mission and programs · 2023

Mission

Second Chance Global, Inc.(SCG) is committed to maximizing the development of each person to impact the world for Christ by relentlessly pursuing empowerment to break generational poverty. SCG has two primary programs to accomplish its mission: (cont - See Sch O)

  • Second Chance Global, Inc. (SCG) actively serves communities in the Dominican Republic, including Puerto Plata, Munoz, Padre Granerio, Villa Ascencion and Maggiolo. Our work, initiated in 2020, emphasizes education, entrepreneurship, community development, and medical outreach.A key focus is our clean water initiative in Munoz, benefitting 3,500 individuals. Across all communities, we empower children through education, provide mental health support, create entrepreneurship opportunities, and deliver essential medical care. Our program also include training and supporting teachers, distributing hygiene products, and fostering spiritual growth.We actively facilitate mission trips for people to experience our work firsthand and consider long-term involvement. In FY 2024, we led approximately nine trips, engaging around 90 volunteers who contributed to our efforts on the ground. SCG remains dedicated to holistic, sustainable development and continues to share hope throughout the Dominican Republic, with plans to further expand our impact.

    Expenses $293,983 · Revenue $103,812

  • Second Chance Global, Inc.(SCG) serves communities in Haiti by meeting essential needs, promoting sustainable growth, and fostering hope in Port-au-Prince, Cap-Haitian, Pierre Payen, and Croix-des-Bouquests. We support childrens homes by providing nutritious meals, clean water, education, medical care, and maintaining safe living conditions.Our efforts to deliver healthcare began in 2018, offering emergency medical, vision and dental services to those with limited access. Plans are in place to expande these services at our Redemption Retreat in Pierre Payen, which also empowers young adults through vocational training and life skills.We work to keep families together and help them break free from cycles of poverty by creating opportunities for self-sufficiency. This includes job training, income-generating projects, and access to essential resources. We aim to restore dignity, improve quality of life, and uplift families holistically while sharing the light and love of Jesus through every step.Despite challenges like the pandemic and escalating violence, our dedication to making a lasting impact in Haiti remains strong.

    Expenses $259,658 · Revenue $183,837

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Andy Shoffner

    Board Member

    Total calculated
    $0
    Hours/week
    5
  • Monta Pattison

    Board Member

    Total calculated
    $0
    Hours/week
    5
  • Phillip Mercer

    Board Member

    Total calculated
    $0
    Hours/week
    5
  • Jonathan Lawson

    Board Member

    Total calculated
    $0
    Hours/week
    5
  • Ashley Petress

    FounderExecutive Dir Board

    Total calculated
    $0
    Hours/week
    40
  • Mike Davis

    Treasurer

    Total calculated
    $0
    Hours/week
    5
  • Joanie Chamberlain

    Secretary

    Total calculated
    $0
    Hours/week
    10
  • Jeffery Allen Petress Jr

    Founder Operations Dir Past

    Total calculated
    $0
    Hours/week
    40
  • Tadd Grandstaff

    Chairman of the Board

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
10 November 2024
IRS schema version
2023v5.1
Source object
202433489349301563

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