Skip to main content

Nonprofit · EIN 82-4670279

SECOND CHANCE BIKES

Also known as SCBIKES

Tax-exempt · CHARLESTON, SC 29405

Financials

$117K$83K2023$120K$138K2024
Revenue Expenses · by fiscal year end
Financials of SECOND CHANCE BIKES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$119,501$138,143-$18,642$67,475$0$67,475
December 31, 2023990-EZ$117,034$82,685$34,349$86,117$0$86,117
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$19,431
Program service revenue
$0
Investment income
$0
Net income from sales of inventory
$99,079
Other revenue
$991

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$53,458
Salaries, compensation and benefits (total)
$57,252
Professional fees and payments to contractors
$624
Occupancy
$27,992
Printing, publications and postage
$157
Other expenses
$52,118
Program services (functional)
$137,989

Balance sheet and other

Total assets, start of year
$86,117
Total assets, end of year
$67,475
Total liabilities, end of year
$0
Net assets, end of year
$67,475
Cash, savings and investments
$67,475
Gross receipts
$121,174

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Sylvie BaeleExecutive Director35$36,050
Hoyt SimsHead Mechanic22$17,408
Zoey ColeBoard Member- President3$0
Lydia FordBoard Member-Treasurer4$0
Frank CornleyBoard Member- VP2$0
Gabrielle ScronceBoard Member1$0
Lucia HayesBoard Member- Secretary1$0
990-EZ for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Sylvie BaeleExecutive Director30$28,975
Hoyt SimsHead Mechanic16$6,376
Ryan MillerMechanic12$2,460
Bryan LuceMechanic4$473
William SnipesMechanic4$197
Zoey ColeBoard Member- President2$0
Lydia FordBoard Member-Treasurer4$0
Frank CornleyBoard Member- VP3$0
Gabrielle ScronceBoard Member1$0
Lucia HayesBoard Member- Secretary1$0

Address and contacts

Address (IRS master file)
3310 RIVERS AVE, CHARLESTON, SC 29405-7741
In care of
% PAUL KEEFER
Mailing address (990-N for 2021)
2750 AVENUE B N, NORTH CHARLESTON SC 29405
Principal officer (990-N for 2021)
Sylvie Baele, 4970 N Rhett Ave, North Charleston SC 29405
Signed the 990-EZ
Sylvie Baele, Executive Director
Phone
(843) 608-8383

Mission

Basic Needs Provision

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Low-Cost Repair Services: Over 500 work orders were completed, the majority of which were provided discounts on labor or parts.
    Expenses $54,671
  • Classes and Workshops: 175 people served. Participants get hands-on experience using tools and learning basic bike maintenance and repairs. Other topics include bike safety and how to upcycle old bike parts into useful things.
    Expenses $30,271
  • Bicycle Thrift Store: Over 300 people purchased reliable used bicycles
    Expenses $30,168
  • Change a Tire, Change a Life: Program provides bicycles to people experiencing homelessness, poverty, or other hardship. 205 adults received free bicycles
    Expenses $22,879

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
82-4670279
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
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P52)
Assets (IRS master file)
$67,475
Income (IRS master file)
$121,174

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$119,501$138,143$67,475IRS
990-EZDecember 2023$117,034$82,685$86,117XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: Sylvie Baele
December 31, 2021≤ $50,000 receipts––e-Postcard
990-EZDecember 2021–––IRS
990-N for 2019
Officer: Christopher Clark
December 31, 2019≤ $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 82-4670279).

Questions about SECOND CHANCE BIKES

What is the EIN of SECOND CHANCE BIKES?
The employer identification number (EIN) of SECOND CHANCE BIKES is 82-4670279.
Is SECOND CHANCE BIKES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to SECOND CHANCE BIKES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SECOND CHANCE BIKES 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 BIKES 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 BIKES last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of SECOND CHANCE BIKES?
The 990-N for 2021 names Sylvie Baele.
Who are the officers and directors of SECOND CHANCE BIKES?
The 990-EZ for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $36,050 (Sylvie Baele, Executive Director).
How much revenue does SECOND CHANCE BIKES have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $119,501, expenses of $138,143 and total assets of $67,475 at year end.

Other nonprofits in CHARLESTON

All nonprofits in CHARLESTON · South Carolina · Human services