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SECOND CHANCE INITIATIVE INC

RICHTON PARK, Illinois, 60471

EIN: 46-5125775

Community Improvement, Capacity Building

MISSION

Provide services to at risk youth and ex-offenders in low income communities.

 FORM 1023-EZ for SECOND CHANCE INITIATIVE INC

DEMOGRAPHIC

ADDRESS
23039 EASTWIND DR
60471
COUNTY
cook county, IL
IN CARE OF NAME
ARTHUR REED

ORGANIZATIONAL OVERVIEW & RANKINGS

SECOND CHANCE INITIATIVE INC is a based in RICHTON PARK, IL, focused on Community Improvement, Capacity Building causes , specifically Nonprofit Management. Established in July 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $74,935.00, this ranks 529,677 among 2,656,690 nonprofits nationally (Top 20%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 22,641 out of 106,037 organizations in IL (Top 22%).

In cook county, IL, the organization ranks 10,933 out of 46,103 nonprofits by assets (Top 24%), while locally in richton park, it stands at 8 among 143 organizations (Top 4%).

The organization reported annual revenue of $93,113.00, ranking 405,450 nationally (Top 16%) and 15,764 in IL (Top 15%).

Within its specific NTEE classification (S50 - S: Community Improvement, Capacity Building), which includes 811 similar organizations, SECOND CHANCE INITIATIVE INC ranks 201 in assets (Top 24%) and 184 in revenue (Top 22%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2018 and was reinstated on June 15, 2020 .

The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S50: Nonprofit Management
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A past revocation appears on the IRS revocation list
Revoked: Tuesday, May 15, 2018;
Reinstated: Monday, June 15, 2020
Data current as of Oct. 2024
TAX PERIOD
06/2022
ACCOUNTING PERIOD
06
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$93,113.00
FORM 990 REVENUE AMOUNT
$93,113.00
RULING DATE
07/2020
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$74,935.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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