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Nonprofit · EIN 52-2276640

SECOND CHANCE INC

Tax-exempt · BALTIMORE, MD 21230

Financials

$13.2M$12.2M2022$13.5M$12.9M2023$34.8M$29.4M2024
Revenue Expenses · by fiscal year end
Financials of SECOND CHANCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$34,844,366$29,436,701$5,407,665$24,390,751$1,189,489$23,201,262
December 31, 2023990 (amended)$13,481,036$12,945,278$535,758$23,118,938$5,329,671$17,789,267
December 31, 2022990 (amended)$13,211,468$12,152,542$1,058,926$23,061,988$5,813,864$17,248,124
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$16,124,222
Program service revenue
$5,649,398
Investment income
$13,070,746
Net gain from sales of assets
$13,007,945
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$396,800
Other salaries and wages
$4,694,016
Salaries, compensation and benefits (total)
$5,564,623
Professional fundraising fees
$0
Legal fees
$603,425
Accounting fees
$17,500
Occupancy
$678,717
Travel
$1,338,402
Depreciation
$364,099
Program services (functional)
$27,307,574
Management and general (functional)
$1,855,522
Fundraising (functional)
$273,605

Balance sheet and other

Total assets, start of year
$23,118,938
Total assets, end of year
$24,390,751
Total liabilities, end of year
$1,189,489
Net assets, end of year
$23,201,262
Land, buildings and equipment
$13,253,139
Net assets without donor restrictions
$23,201,262
Gross receipts
$38,879,076
Employees
247
Volunteers
0
Year formed
2000
State of legal domicile
MD

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARK FOSTEREXECUTIVE DIRECTOR/MEMBER
Key employee, Highest-paid employee
40$254,000
CLAYTON SHELHOSSCOO
Key employee
40$142,800
MARCELLUS BAYLORRECEIVING MANAGER
Highest-paid employee
50$100,292
DIANE NEASEDIRECTOR
Trustee or director
2$0
MARK LAVELLEPRESIDENT
Officer
2$0
MATTHEW FRANKESECRETARY TREASURER
Officer
2$0
MICHAEL MALONEYVICE PRESIDENT
Officer
2$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MARK FOSTEREXECUTIVE DIRECTOR/MEMBER
Key employee, Highest-paid employee
40$254,000
CLAYTON SHELHOSSCOO
Key employee
40$142,800
MARK LAVELLEDIRECTOR
Trustee or director
2$0
DIANE NEASEDIRECTOR
Trustee or director
2$0
DAVID EPSTEINDIRECTOR
Trustee or director
2$0
MATTHEW FRANKESECRETARY TREASURER
Officer
2$0
ANDREW TODTZPRESIDENT
Officer
2$0
MICHAEL MALONEYVICE PRESIDENT
Officer
2$0
990 for the year ended December 31, 2022: 8 people
NameTitleHours / weekCompensation
MARK FOSTEREXECUTIVE DIRECTOR/MEMBER
Key employee, Highest-paid employee
40$254,000
CLAYTON SHELHOSSCOO
Key employee
40$141,500
MARK LAVELLEDIRECTOR
Trustee or director
2$0
DIANE NEASEDIRECTOR
Trustee or director
0$0
DAVID EPSTEINDIRECTOR
Trustee or director
0$0
MATTHEW FRANKESECRETARY TREASURER
Officer
0$0
ANDREW TODTZPRESIDENT
Officer
0$0
MICHAEL MALONEYVICE PRESIDENT
Officer
0$0

Address and contacts

Address (IRS master file)
1700 RIDGELY ST, BALTIMORE, MD 21230-2070
In care of
% MARK S FOSTER
Principal officer (990 for 2024)
Mark Foster, 1700 Ridgely Street, Baltimore, MD 21230
Signed the 990
Mark Foster, Executive Director
Phone
(410) 385-1101
Return prepared by
Ira Marc Miller and Co PA

Mission

JOB TRAINING AND WORKFORCE DEVELOPMENT

990 for the year ended December 31, 2024

Program accomplishments

  • JOB TRAINING IN BUILDING DECONSTRUCTION
    Expenses $27,307,574 · revenue $5,649,398

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-2276640
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
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J20)
Assets (IRS master file)
$24,390,751
Income (IRS master file)
$38,879,076

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$34,844,366$29,436,701$24,390,751XML
990December 2023$13,481,036$12,945,278$23,118,938XML
990December 2022$13,211,468$12,152,542$23,061,988XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

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 52-2276640).

Questions about SECOND CHANCE INC

What is the EIN of SECOND CHANCE INC?
The employer identification number (EIN) of SECOND CHANCE INC is 52-2276640.
Is SECOND CHANCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to SECOND CHANCE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SECOND CHANCE 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 INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SECOND CHANCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SECOND CHANCE INC?
The 990 for the year ended December 31, 2024 names Mark Foster.
Who are the officers and directors of SECOND CHANCE INC?
The 990 for the year ended December 31, 2024 lists 7 people; 3 received compensation from the organization, the highest $254,000 (MARK FOSTER, EXECUTIVE DIRECTOR/MEMBER).
How much revenue does SECOND CHANCE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $34,844,366, expenses of $29,436,701 and total assets of $24,390,751 at year end.

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