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Operation Second Chance Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202624345 ✦ Germantown, MD ✦ Designated as a 501(c)(3)

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Overview

What is Operation Second Chance Inc?

Operation Second Chance Inc is a dedicated nonprofit organization situated in Germantown, Maryland. Their primary mission is to extend emergency financial assistance to American veterans who have sustained injuries, illnesses, or wounds during their military service. By providing support with rental and mortgage payments, utility bills, travel expenses for family members, and direct payments to creditors, they aim to prevent homelessness and evictions, fostering stability during recovery. With a team of seven dedicated individuals, Operation Second Chance Inc is a patriotic community effort, committed to honoring the sacrifices of our armed forces by offering immediate aid and promoting public awareness of their needs.


Official website here: www.operationsecondchance.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 98% (Four-Star out of Four Star rating)

Operation Second Chance Inc has received an impressive 98% rating on Charity Navigator, indicating a high level of accountability and transparency in its operations. Key strengths include a perfect score of 100 for accountability and finance, which highlights the nonprofit's commitment to responsible financial management. Additionally, the majority of its board members are independent, ensuring unbiased governance, and the program expense ratio is notably high at 92.93%, suggesting that a significant portion of its resources is directed towards its programs rather than administrative costs.

User reviews reflect a deep appreciation for the services provided by Operation Second Chance, with many clients praising the personalized assistance they received during challenging times. Veterans and their families have expressed gratitude for the financial support and retreats offered, noting the positive impact these experiences had on their well-being and relationships. The organization is commended for its compassionate staff and its ability to create a warm, welcoming environment for families in need.

While there are no significant limitations reported in the feedback, it is crucial for potential donors and volunteers to recognize that the organization's reliance on donations and fundraising efforts is vital for sustaining its programs. The overwhelming positive responses from clients demonstrate that Operation Second Chance effectively meets the needs of the veteran community, providing them with essential support during difficult times.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Operation Second Chance Inc?

100% of 61 reviewers on Facebook recommend Operation Second Chance Inc. Here is a summary of their reviews:

The consensus among users highlights the organization's commendable efforts in supporting veterans, particularly those who are wounded. One reviewer emphasized the positive experience of their brother being part of the program, suggesting personal connections that reflect the impactful work being done.

Overall, participants express strong satisfaction with the nonprofit's mission and execution, noting that it provides valuable assistance to those in need, making a significant difference in the community.


This AI summary has been generated from reviews found on Facebook.

Is Operation Second Chance Inc legitimate?

Operation Second Chance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operation Second Chance Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $104,665
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,109

For more financial information, click here


Official website here: www.operationsecondchance.org

What is the mission statement of Operation Second Chance Inc?

Operation Second Chance Inc, as a dedicated organization, is focused on serving the needs of wounded, injured, and ill combat veterans and their families. They achieve this by establishing meaningful relationships and providing immediate support. The organization's mission is to promote public awareness of the significant sacrifices made by the Armed Forces. In times of distress, they offer emergency financial aid, covering expenses such as rent and mortgage payments to prevent homelessness, utility bills, travel costs for family visits during recovery, and direct payments to creditors. This swift and compassionate assistance is facilitated through verified caseworkers or VA representatives.


Official website here: www.operationsecondchance.org

Who is the CEO of Operation Second Chance Inc?

Cindy Mcgrew is the President of Operation Second Chance Inc.


Official website here: www.operationsecondchance.org

What is the revenue of Operation Second Chance Inc?

Operation Second Chance Inc's revenue in 2022 was $2,107,891.


Official website here: www.operationsecondchance.org

Who are the executives of Operation Second Chance Inc and what are their salaries?

The average compensation at Operation Second Chance Inc during 2022 was $29,396. There are 7 employees at Operation Second Chance Inc.


Here are 10 key members and their salaries:


Cindy Mcgrew (President)
  • Compensation: $104,665
  • Related: $0
  • Other: $0
Pete Hinz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Morales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Larson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Lourake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Knisely (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deane Shure (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clark Wagner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Sanders (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.operationsecondchance.org

Where can I find the form 990 for Operation Second Chance Inc?

Operation Second Chance Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.operationsecondchance.org

Learn more at the official website: www.operationsecondchance.org

Mission Statement of Operation Second Chance Inc

Operation Second Chance Inc, a group of patriotic citizens, is dedicated to serving and supporting wounded, injured, and ill combat veterans and their families. Their mission is twofold: firstly, they establish relationships with these veterans and their families, and secondly, they provide immediate assistance to meet their needs and interests. Moreover, Operation Second Chance Inc works tirelessly to promote public awareness of the significant sacrifices made by our Armed Forces.

In practical terms, Operation Second Chance Inc offers emergency financial assistance to veterans who have been wounded, injured, or ill during their military service. This aid takes various forms, such as payment of rent or mortgage to prevent homelessness and evictions, utility bills, flights, and lodging to allow family members to be present during recovery. Notably, Operation Second Chance Inc processes these requests swiftly, ensuring a response within 24 to 48 hours. This rapid response mechanism allows them to make payments directly to the veterans' creditors, thereby providing timely and effective support.

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Impact




October, 2024

Operation Second Chance Inc. significantly impacts the lives of wounded, injured, and ill combat veterans and their families by addressing urgent needs and providing critical support. By offering emergency financial assistance, the organization helps prevent homelessness and evictions through timely rent and mortgage payments. Additionally, it covers utility bills and facilitates travel arrangements, ensuring that family members can remain close during recovery.

The rapid response capability, with assistance provided within 24-48 hours, underscores the organization’s commitment to veterans in crisis. This quick action not only alleviates immediate financial burdens but also fosters stronger relationships between veterans and their families during challenging times. Furthermore, by promoting public awareness of the sacrifices made by armed forces members, Operation Second Chance Inc. helps cultivate a greater appreciation for their service, ultimately strengthening community support for all veterans. Through these efforts, the organization plays a vital role in enhancing the quality of life for veterans and reinforcing their importance in society.




This information is meant to be a general summary of Operation Second Chance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,107,891 (2022)
Expenses
$1,627,034 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $76,025
  • Gross Receipts: $2,358,024

Assets and Liabilities:

  • Total Assets: $7,139,777
  • Total Liabilities: $505,130
  • Net Assets: $6,634,647

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Organization Details

Founding Year

2005

Principal Officer

Cindy Mcgrew

Main Address

20251 Century Blvd Suite 130, Germantown, MD, 20874

NTEE Category

Code: W30 - Public benefit

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