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My 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: 752850274 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is My Second Chance Inc?

My Second Chance Inc is a non-profit organization based in Dallas, Texas, specifically at 3832 S Lancaster Road. Their mission is to support women in crisis, addressing issues such as incarceration, substance use, homelessness, HIV, displacement, or domestic violence. They offer a range of services, including peer support, substance abuse groups, emergency shelter, and information and referral services. Their dedicated team of 23 employees has provided essential support to 11 HIV-positive women, screened 7 women for a safe connect domestic violence project, and facilitated groups for 98 women residing in shelters and transitional housing facilities. Moreover, they have assisted 311 women and 215 men re-entering the community from the Texas Department of Criminal Justice center in Dallas.


Official website here: www.mysecondchance.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

My Second Chance Inc has received a two-star rating from Charity Navigator, indicating that there are areas requiring significant attention. While the organization is strong in board independence and has managed to avoid material asset diversion, it faces challenges with missing essential policies and a concerning liabilities-to-assets ratio. The program expense ratio is positive, reflecting that a majority of its funding is allocated towards programs, which is a strength.

User feedback reflects a mix of experiences. Some reviewers highlight the positive impact of the organization on clients' lives, with testimonials praising the supportive environment and personal growth achieved through its programs. These clients appreciate the guidance provided, particularly from the founder, who is seen as a passionate and dedicated leader. However, there are noted concerns regarding the executive director's management style, which some past employees feel has hindered organizational growth and professionalism.

Overall, while My Second Chance Inc plays a crucial role in supporting women in need and has garnered many positive reviews, the nonprofit must address its governance weaknesses and improve its operational standards to enhance its effectiveness and transparency.


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

Is My Second Chance Inc legitimate?

My Second Chance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. My 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: $118,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $172,895

For more financial information, click here


Official website here: www.mysecondchance.org

What is the mission statement of My Second Chance Inc?

My Second Chance Inc is a non-profit organization dedicated to offering assistance to women experiencing various crises, including incarceration, substance abuse, homelessness, HIV, displacement, and family violence. Their mission is to provide supportive services aimed at empowering these women, helping them navigate through their struggles and rebuild their lives. They offer a range of services, such as supportive housing, peer support groups, and substance abuse counseling, as well as information and referrals for women and men re-entering the community. Additionally, they run a safe connect domestic violence project, offering emergency shelter to families in need.


Official website here: www.mysecondchance.org

Who is the CEO of My Second Chance Inc?

Royce Adams is the Board Member of My Second Chance Inc.


Official website here: www.mysecondchance.org

What is the revenue of My Second Chance Inc?

My Second Chance Inc's revenue in 2021 was $528,521.


Official website here: www.mysecondchance.org

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

The average compensation at My Second Chance Inc during 2021 was $12,654. There are 23 employees at My Second Chance Inc.


Here are 8 key members and their salaries:


Emily Vernon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Edwards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Carenza (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Grant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillis Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Braddy (Peer Support)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Sears (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Royce Adams (Director Of Operation)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mysecondchance.org

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

My Second Chance Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.mysecondchance.org

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

Mission Statement of My Second Chance Inc

My Second Chance Inc, a non-profit corporation, is dedicated to offering supportive services to women facing various crises, including incarceration, substance abuse, homelessness, HIV, displacement, or family violence. Established with a mission to make a positive impact, this organization aims to provide a helping hand to women in need, offering them a second chance at life.

The organization's primary objective is to assist women in overcoming the challenges they face, whether it be substance abuse, housing, or family violence issues. By offering a range of services, My Second Chance Inc strives to empower these women and help them rebuild their lives.

In practice, the organization provides supportive housing for 11 HIV positive women, offers emergency shelter to families in need, and facilitates substance abuse groups for women living in shelters and transitional housing facilities. Furthermore, My Second Chance Inc's peer support staff provides essential information and referrals to women and men re-entering the community from a Texas Department of Criminal Justice center. By offering these services, the organization seeks to create a supportive environment that fosters growth, healing, and a new beginning for the women it serves.

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Impact




July, 2024

My Second Chance Inc has a significant impact on the community by providing supportive services to women in crisis facing issues related to incarceration, substance use, homelessness, HIV, displacement or family violence in Dallas, TX. They offer supportive housing to HIV positive women, screen women for safe connect domestic violence projects, provide emergency shelter to families, facilitate substance abuse groups, and offer information and referrals to individuals re-entering the community from the Texas Department of Criminal Justice center. Their work helps empower and support vulnerable women during challenging times, contributing to their well-being and overall mental health.




This information is meant to be a general summary of My 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
$528,521 (2021)
Expenses
$495,873 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $42,223
  • Gross Receipts: $528,521

Assets and Liabilities:

  • Total Assets: $37,579
  • Total Liabilities: $40,511
  • Net Assets: -$2,932

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Programs

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

In Kind Services

Revenue

$42,223

Organization Details

Founding Year

1999

Principal Officer

Royce Adams

Main Address

3832 S LANCASTER ROAD, Dallas, TX, 75216

NTEE Category

Code: F20 - Mental health

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