2nd Chance Corporation is located in Lakeview, MI. The organization was established in 2014. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 2nd Chance Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, 2nd Chance Corporation generated $39.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $32.4k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ron Silverman President Director | 40 | $0 | |
George Nelson Treasurer Director | 0 | $0 | |
Patti Silverman Secretary Director | 0 | $0 | |
Mike Simon Director | 0 | $0 | |
Mari Kay Smith Director | 0 | $0 | |
Beth Simon Vice President Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $31,345 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $4,801 |
Other Revenue | $3,000 |
Total Revenue | $39,146 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,686 |
Occupancy, rent, utilities, and maintenance | $18,085 |
Printing, publications, postage, and shipping | $45 |
Other expenses | $12,626 |
Total expenses | $32,442 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,080 |
Other assets | $0 |
Total assets | $169,084 |
Total liabilities | $136,685 |
Net assets or fund balances | $32,399 |
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