2nd Chance Ms Inc

Organization Overview

2nd Chance Ms Inc is located in Oxford, MS. The organization was established in 2016. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2022, 2nd Chance MS Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 2nd Chance MS Inc 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 12/2022, 2nd Chance MS Inc generated $292.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $264.9k during the year ending 12/2022. While expenses have increased by 23.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, 2nd Chance MS Inc has awarded 21 individual grants totaling $325,251. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

2ND CHANCE MS WILL RAISE AWARENESS AND FUNDS FOR ADULT EDUCATION AND WORK SKILL TRAINING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADULT BASIC EDUCATION AND SKILL CERTIFICATION PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Richard F Scruggs
Chairman
$0
David Z Scruggs
Executive Director
$0
Catherine C Beals
Director Of Development
$37,083
Sam Thomas
Board Member
$0
Colleen Hartfield
Board Member
$0
Andrew Mullins
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$120,155
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$154,664
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$274,819
Total Program Service Revenue$0
Investment income $9
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $18,099
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $292,927

Grants Awarded

Over the last fiscal year, 2nd Chance Ms Inc has awarded $92,194 in support to 6 organizations.

Grant RecipientAmount

ITAWAMBA COMMUNITY COLLEGE

PURPOSE: TO PROVIDE SUPPORT FOR TUITION/GAS/ETC TO STUDENTS OF ACCELERATED PROGRAMS

$12,500

EAST MISSISSIPPI COMMUNITY COLLEGE

PURPOSE: TO PROVIDE SUPPORT FOR TUITION/GAS/ETC TO STUDENTS OF ACCELERATED PROGRAMS

$10,000

COPIAH-LINCOLN COMMUNITY COLLEGE

PURPOSE: TO PROVIDE SUPPORT FOR TUITION/GAS/ETC TO STUDENTS IN THE UTILITY LINEMEN PROGRAM

$12,500

PEARL RIVER COMMUNITY COLLEGE

PURPOSE: TO PROVIDE SUPPORT FOR TUITION/GAS/ETC TO STUDENTS OF ACCELERATED PROGRAMS

$25,000

MERIDIAN COMMUNITY COLLEGE

PURPOSE: TO PROVIDE SUPPORT FOR TUITION/GAS/ETC TO STUDENTS OF ACCELERATED PROGRAMS

$7,194

PASCAGOULA ADULT LEARNING CENTER

PURPOSE: TO PROVIDE SUPPORT FOR TUITION/GAS/ETC TO STUDENTS OF ACCELERATED PROGRAMS

$25,000
View Grant Profile

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2nd Chance Ms Inc
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$292,927

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