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Second Chance For Life Foundation

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

EIN: 411657091 ✦ Saint paul, MN ✦ Designated as a 501(c)(3)

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Overview

What is Second Chance For Life Foundation?

The Second Chance for Life Foundation, based in Saint Paul, Minnesota, is a nonprofit organization dedicated to supporting organ transplant recipients. Their mission encompasses addressing both the physical and mental well-being, as well as the financial needs, of these individuals. They actively promote organ donor awareness and offer housing facilities for pre- and post-operative rehabilitation. Furthermore, the foundation contributes to research to advance organ transplantation techniques and outcomes. In addition to their direct support, they also aim to increase public understanding and advocacy for organ donation.


Official website here: www. secondchanceforlife.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 74% (Two-Star out of Four Stars)

The Second Chance For Life Foundation holds a 74% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization has demonstrated strong governance through having a fully independent board and effectively managing its assets. However, significant areas for improvement are noted, particularly concerning its policies related to conflict of interest, whistleblowing, and document retention.

Despite these weaknesses, the foundation shows positive financial practices with a favorable liabilities-to-assets ratio and a good program expense ratio, suggesting that a substantial portion of its budget is directed toward its mission. Nonetheless, the lack of certain essential policies raises concerns about organizational transparency and risk management, which could impact stakeholder trust.

Overall, while the Second Chance For Life Foundation has a solid structure in some areas, its low scores in governance policies indicate a need for greater emphasis on compliance and ethical practices to enhance its overall effectiveness and accountability.


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

Is Second Chance For Life Foundation legitimate?

Second Chance For Life Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Second Chance For Life Foundation 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. secondchanceforlife.org

What is the mission statement of Second Chance For Life Foundation?

The Second Chance For Life Foundation's mission is centered around supporting organ transplant recipients in various aspects. This includes addressing their physical, mental, and financial needs. The organization also works towards promoting organ donor awareness and provides housing for pre- and post-operative rehabilitation. Furthermore, they contribute to research in the field of organ transplants to improve the overall process and outcomes.


Official website here: www. secondchanceforlife.org

Who is the CEO of Second Chance For Life Foundation?

Arlene Forrest is the President of Second Chance For Life Foundation.


Official website here: www. secondchanceforlife.org

What is the revenue of Second Chance For Life Foundation?

Second Chance For Life Foundation's revenue in 2022 was $64,965.


Official website here: www. secondchanceforlife.org

Who are the executives of Second Chance For Life Foundation and what are their salaries?

There 35 volunteers at Second Chance For Life Foundation.


Here are 4 key members and their salaries:


Glen Kelley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Berg (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlene Forrest (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Lachelt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www. secondchanceforlife.org

Where can I find the form 990 for Second Chance For Life Foundation?

Second Chance For Life Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www. secondchanceforlife.org

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

Mission Statement of Second Chance For Life Foundation

Second Chance for Life Foundation is committed to providing comprehensive support for organ transplant recipients. Their mission encompasses three key areas: addressing the physical, mental, and financial needs of these individuals; promoting organ donor awareness; and offering housing during pre- and post-operative rehabilitation periods. The organization also plays a role in aiding research related to organ transplants. Through membership drives, contributions, and memorials, Second Chance for Life Foundation seeks to fulfill its mission, ensuring that recipients receive the necessary care and resources to navigate their journey following a life-saving transplant. The foundation's efforts also extend to raising awareness about organ donation, a crucial step in increasing the availability of organs for those in need.

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Impact




August, 2024

Second Chance For Life Foundation is making a significant impact by supporting the physical, mental, and monetary needs of organ transplant recipients. They also work to promote donor awareness, provide housing for pre and post-operative rehab, and aid research in the field. Their efforts through membership drives, contributions, and memorials have helped improve the lives of transplant recipients and raise awareness about the importance of organ donation. Located in Saint Paul, MN, their mission is dedicated to providing crucial support and resources to those in need of life-saving organ transplants.




This information is meant to be a general summary of Second Chance For Life Foundation. 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
$64,965 (2022)
Expenses
$36,209 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,613
  • Gross Receipts: $83,202

Assets and Liabilities:

  • Total Assets: $328,070
  • Total Liabilities: $0
  • Net Assets: $328,070

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Organization Details

Founding Year

1989

Principal Officer

Arlene Forrest

Main Address

P O BOX 131462, SAINT PAUL, MN, 55113

NTEE Category

Code: G99Z - Disease

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