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The Second Chance Fund Inc

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

EIN: 271665628 ✦ Lodi, WI ✦ Designated as a 501(c)(3)

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Overview

What is The Second Chance Fund Inc?

The Second Chance Fund Inc, located at 705 North Main Street, Lodi, Wisconsin (53555), is a nonprofit organization dedicated to promoting charitable causes, scientific research, education, and the prevention of animal cruelty. They primarily focus on providing free and reduced veterinary care for humane society animals, stray animals without owners, breed rescue groups, and animals in extreme hardship cases. Their mission encompasses making distributions to support these purposes.


Official website here: www.thesecondchancefund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 42% (Zero-Star out of Four Star Rating)

The Second Chance Fund Inc has received a low score of 42% from Charity Navigator, resulting in a Zero-Star rating. This rating indicates significant concerns regarding the organization's accountability and financial practices. Notably, the charity lacks independent board members and has several missing policies, which raises questions about governance and transparency.

While the organization has demonstrated a strong performance in managing its assets and maintains a stable liabilities to assets ratio, the absence of key policies such as a conflict of interest policy, whistleblower policy, and documented board meeting minutes highlights critical gaps in operational oversight. Additionally, the failure to post essential documents on its website may hinder public trust and accountability.

Despite a program expense ratio of 61.24%, indicating that a majority of funds are directed towards programs, the overall lack of governance structure may limit the charity's effectiveness in fulfilling its mission. Addressing these shortcomings could enhance its credibility and improve its standing in the nonprofit community.


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

Is The Second Chance Fund Inc legitimate?

The Second Chance Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Second Chance Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thesecondchancefund.org

What is the mission statement of The Second Chance Fund Inc?

The Second Chance Fund Inc is dedicated to promoting charitable, scientific, and educational causes, with a significant focus on animal welfare. The organization provides free and reduced veterinary care for humane society animals and stray animals lacking owners. Additionally, it offers assistance to breed rescue groups and extreme hardship cases. The corporation is committed to making distributions for these purposes. In essence, The Second Chance Fund Inc aims to improve the lives of animals in need by offering vital veterinary care and support.


Official website here: www.thesecondchancefund.org

Who is the CEO of The Second Chance Fund Inc?

Shawn Boganske is the Director of The Second Chance Fund Inc.


Official website here: www.thesecondchancefund.org

What is the revenue of The Second Chance Fund Inc?

The Second Chance Fund Inc's revenue in 2022 was $54,771.


Official website here: www.thesecondchancefund.org

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


Here are 7 key members and their salaries:


K C Brooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Camille Simonson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Val Bilkey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Poulsen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Boganske (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelly Rucinski (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cari Michel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thesecondchancefund.org

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

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


Official website here: www.thesecondchancefund.org

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

Mission Statement of The Second Chance Fund Inc

The Second Chance Fund Inc is a nonprofit organization dedicated to charitable, scientific, and educational pursuits, as well as preventing cruelty to animals. In practice, this mission translates to various efforts.

First and foremost, The Second Chance Fund Inc extends a helping hand to humane society animals and stray animals without owners. By providing free and reduced veterinary care, this organization ensures these animals receive the necessary medical attention they need to thrive. Additionally, The Second Chance Fund Inc offers assistance to breed rescue groups, further contributing to the wellbeing of countless animals.

Moreover, The Second Chance Fund Inc extends its reach to extreme hardship cases. In these instances, the organization offers distributions to aid animals in need. By addressing these specific situations, The Second Chance Fund Inc makes a significant impact in the lives of animals facing adversity.

In summary, The Second Chance Fund Inc is a compassionate and proactive organization that promotes charitable causes, advances scientific knowledge, provides education, and prevents cruelty to animals. Through its various initiatives, it offers vital support to humane society animals, stray animals, and breed rescue groups, ensuring they receive the care and attention they deserve.

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Impact




October, 2024

The Second Chance Fund Inc makes a significant impact by providing crucial veterinary care to animals in need, particularly strays and those belonging to owners facing financial difficulties. By offering free and reduced-cost services, the organization helps ensure that these animals receive necessary medical attention, which might otherwise be unattainable due to financial constraints.

Through its support for humane society animals, stray animals without owners, and breed rescue groups, the fund addresses immediate health concerns while promoting overall animal welfare. By assisting in extreme hardship cases, the organization not only alleviates suffering but also fosters a community that values compassion and responsibility toward animals. The Second Chance Fund Inc plays a vital role in reducing cruelty and improving the health and well-being of vulnerable animals in the Lodi, WI area.




This information is meant to be a general summary of The Second Chance Fund 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
$54,771 (2022)
Expenses
$15,435 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12,324
  • Program Service Revenue: $24,208
  • Gross Receipts: $111,466

Assets and Liabilities:

  • Total Assets: $259,038
  • Total Liabilities: $0
  • Net Assets: $259,038

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Bake Sale

Revenue

$124

Calendar Sales

Revenue

$3,580

Doggie Dash

Revenue

$11,064

Raffle

Revenue

$9,440

Organization Details

Founding Year

2009

Principal Officer

Shawn Boganske

Main Address

705 North Main Street, Lodi, WI, 53555

NTEE Category

Code: D20 - Animals

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