Nonprofit · EIN 46-5125775
SECOND CHANCE INITIATIVE INC
Tax-exempt (reinstated) · SAN DIMAS, CA 91773
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,317,733 | $1,541,986 | -$224,253 | $19,152 | $29,938 | -$10,786 |
| June 30, 2024 | 990 | $1,637,475 | $1,424,517 | $212,958 | $260,182 | $46,715 | $213,467 |
| June 30, 2023 | 990-EZ | $137,499 | $136,990 | $509 | $49,877 | $49,368 | $509 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,317,733
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $1,109,626
- Salaries, compensation and benefits (total)
- $1,112,249
- Professional fundraising fees
- $0
- Legal fees
- $46,844
- Occupancy
- $75,750
- Program services (functional)
- $1,412,788
- Management and general (functional)
- $129,198
Balance sheet and other
- Total assets, start of year
- $260,182
- Total assets, end of year
- $19,152
- Total liabilities, end of year
- $29,938
- Net assets, end of year
- -$10,786
- Net assets without donor restrictions
- -$10,786
- Gross receipts
- $1,317,733
- Employees
- 0
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Arthur Reed | President Officer | 0 | $0 |
| BERNADETTE REED | President Officer | 0 | $0 |
| BRITTANY WASHINGTON | President Officer | 0 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Arthur Reed | President Officer | 0 | $0 |
| BERNADETTE REED | President Officer | 0 | $0 |
| BRITTANY WASHINGTON | President Officer | 0 | $0 |
990-EZ for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Arthur Reed | President | 0 | $0 |
| BERNADETTE REED | President | 0 | $0 |
| BRITTANY WASHINGTON | President | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 400 W COVINA BLVD, SAN DIMAS, CA 91773-2954
- In care of
- % ARTHUR REED
- Mailing address (990-N for 2014)
- 23039 Eastwind Drive, Richton Park IL 60471
- Principal officer (990-N for 2014)
- Arthur Reed, 23039 Eastwind Drive, Richton Park IL 60471
- Signed the 990
- ARTHUR REED, President
- Return prepared by
- P&G Advisors LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 46-5125775 or by the name SECOND CHANCE INITIATIVE INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
To prevent violence and provide vital so
Program accomplishments
- Committed to preventing violence and providing vital social services to at-risk youth in Chicago's South Shore community, offering them hope, guidance and opportunities for safety brighter future.Expenses $1,412,788
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-5125775
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S50)
- Assets (IRS master file)
- $19,152
- Income (IRS master file)
- $1,317,733
Revocation and reinstatement
- Exemption revoked
- May 15, 2018
- Posted by the IRS
- August 13, 2018
- Reinstated
- Effective June 15, 2020
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,317,733 | $1,541,986 | $19,152 | XML |
| 990 | June 2024 | $1,637,475 | $1,424,517 | $260,182 | XML |
| 990-EZ | June 2023 | $137,499 | $136,990 | $49,877 | XML |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-N for 2014 Officer: Arthur Reed | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-5125775).
Questions about SECOND CHANCE INITIATIVE INC
- What is the EIN of SECOND CHANCE INITIATIVE INC?
- The employer identification number (EIN) of SECOND CHANCE INITIATIVE INC is 46-5125775.
- Is SECOND CHANCE INITIATIVE INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective June 15, 2020.
- Are donations to SECOND CHANCE INITIATIVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SECOND CHANCE INITIATIVE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SECOND CHANCE INITIATIVE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SECOND CHANCE INITIATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SECOND CHANCE INITIATIVE INC?
- The 990-N for 2014 names Arthur Reed.
- Who are the officers and directors of SECOND CHANCE INITIATIVE INC?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does SECOND CHANCE INITIATIVE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,317,733, expenses of $1,541,986 and total assets of $19,152 at year end.
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All nonprofits in SAN DIMAS · California · Community improvement and capacity building