Overview
What is Second Chances Recovery & Retail Store?
Second Chances Recovery & Retail Store is a nonprofit organization situated in Poteau, Oklahoma. Their primary mission is to aid individuals grappling with substance abuse and incarceration issues. In 2022, they served over 2,800 individuals, providing essentials such as clothing, food, household items, furniture, and transportation. Additionally, they offered outpatient and referral services for substance abuse recovery and mental health care, assisting around 40 people. Furthermore, the organization provided support with employment and offered over $26,000 in food vouchers and utility assistance. Their objective is to break the cycle of incarceration and help individuals overcome life-controlling issues, ultimately contributing to their recovery and rehabilitation. The nonprofit is staffed by 13 dedicated employees.
Official website here: www.secondchancesok.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
Second Chances Recovery & Retail Store has received a One-Star rating from Charity Navigator, reflecting significant concerns primarily in the area of Accountability and Finance. The overall score predominantly derives from a single beacon score, indicating that financial transparency and governance practices are critical for this nonprofit. While the organization has achieved a perfect score for having an entirely independent board and has no recorded material diversion of assets, the lack of financial statements severely impacts its rating.
The organization has some strengths, including a conflict of interest policy and documented board meeting minutes. However, it falls short in several areas, such as missing a whistleblower policy and document retention protocols, which are crucial for accountability. Furthermore, the nonprofit's financial performance shows a high liabilities-to-assets ratio, which raises concerns about its financial health.
In summary, while Second Chances Recovery & Retail Store operates with a fully independent board and has some positive governance practices, the absence of critical financial documentation and policies limits its overall effectiveness and transparency. Stakeholders may want to consider these limitations when engaging with or supporting the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Second Chances Recovery & Retail Store legitimate?
Second Chances Recovery & Retail Store is a legitimate nonprofit organization registered as a 501(c)(3) entity. Second Chances Recovery & Retail Store 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: $243,546
For more financial information, click here
Official website here: www.secondchancesok.com
What is the mission statement of Second Chances Recovery & Retail Store?
The Second Chances Recovery & Retail Store's mission is centered around assisting individuals battling substance abuse and those who have been incarcerated. Their goal is to break the cycle of incarceration and help these individuals overcome life-controlling issues. In 2022, they served over 2,800 individuals, providing essentials such as clothes, food, household items, and transportation. They also offered outpatient substance abuse recovery and mental health services, as well as assistance for 40 people. Additionally, they provided aid in employment and distributed over $26,000 in food vouchers and utility assistance.
Official website here: www.secondchancesok.com
What is the revenue of Second Chances Recovery & Retail Store?
Second Chances Recovery & Retail Store's revenue in 2024 was $798,951.
Official website here: www.secondchancesok.com
Who are the executives of Second Chances Recovery & Retail Store and what are their salaries?
The average compensation at Second Chances Recovery & Retail Store during 2024 was $17,396. There are 14 employees and 20 volunteers at Second Chances Recovery & Retail Store.
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Official website here: www.secondchancesok.com
Where can I find the form 990 for Second Chances Recovery & Retail Store?
Second Chances Recovery & Retail Store's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.secondchancesok.com
Learn more at the official website: www.secondchancesok.com
Mission Statement of Second Chances Recovery & Retail Store
Second Chances Recovery & Retail Store is an organization committed to assisting individuals struggling with substance abuse and those entangled in the cycle of incarceration. Their mission is multifaceted, aiming to help these individuals overcome the life-controlling issues they face. By providing essential resources such as clothes, food, household goods, furniture, and utilities, the organization offers tangible support to over 2,800 people each year.
Beyond material assistance, Second Chances Recovery & Retail Store extends its reach to include out-patient and referral services for substance abuse recovery and mental health. In 2022, they aided 40 individuals in this manner. Furthermore, the organization provides assistance with employment, offering a vital stepping stone towards self-sufficiency for those seeking to rebuild their lives.
In addition to these direct services, Second Chances Recovery & Retail Store extends financial aid through the distribution of food vouchers and utility assistance, providing much-needed relief to over $26,000 worth of recipients in 2022. Through these varied initiatives, Second Chances Recovery & Retail Store serves as a beacon of hope and support for individuals seeking to overcome substance abuse and incarceration-related challenges.
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Impact
July, 2024
Second Chances Recovery & Retail Store's impact includes providing essential support to individuals struggling with substance abuse, helping them break free from the cycle of incarceration, and empowering them to overcome life-controlling issues. In 2022, the organization served over 2,800 individuals with substance abuse or incarceration issues by meeting their needs for clothes, food, household goods, furniture, utilities, medications, and transportation. They also provided outpatient services and referrals for substance abuse recovery and mental health support to 40 individuals, as well as assistance with employment. Additionally, Second Chances Recovery & Retail Store distributed over $26,000 in food vouchers and utility assistance, making a tangible difference in the lives of those in need. Their impactful work is crucial in providing a second chance to individuals facing difficult circumstances in Poteau, Oklahoma.
This information is meant to be a general summary of Second Chances Recovery & Retail Store. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $8
- Program Service Revenue: $598,811
- Gross Receipts: $1,055,902
Assets and Liabilities:
- Total Assets: $1,250,848
- Total Liabilities: $869,756
- Net Assets: $381,092
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MERCHANDISE SALES
Revenue
$598,811
Organization Details
Founding Year
2016
Principal Officer
Terri Sanchez
Website
www.secondchancesok.comNTEE Category
Code: P29 - Human services
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