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Adonais Second Chances Inc

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

EIN: 843099454 ✦ Riverview, FL ✦ Designated as a 501(c)(3)

Overview

What is Adonais Second Chances Inc?

Adonais Second Chances Inc, located in Riverview, Florida, is a nonprofit organization with a mission to broaden opportunities for local residents and groups. Their primary objective is to aid individuals in various aspects and assist them in developing entrepreneurial ventures. Specifically, they aim to help these residents and groups own, manage, and operate businesses in economically depressed areas. By providing the necessary support, Adonais Second Chances Inc seeks to empower its community and foster economic growth.


Is Adonais Second Chances Inc legitimate?

Adonais Second Chances Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adonais Second Chances 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.

Here are some key statistics you may want to consider:

Executive Compensation: $79,508
Professional Fundraising Fees: $0
Other Salaries and Wages: $298,074

For more financial information, click here


What is the mission statement of Adonais Second Chances Inc?
Who is the CEO of Adonais Second Chances Inc?
What is the revenue of Adonais Second Chances Inc?
Who are the executives of Adonais Second Chances Inc and what are their salaries?
Where can I find the form 990 for Adonais Second Chances Inc?

Mission Statement of Adonais Second Chances Inc

Adonais Second Chances Inc is committed to aiding individuals, residents, and groups in various aspects, with a primary focus on assisting them in developing entrepreneurial ventures. Their mission is to expand the opportunities available to these individuals and groups, enabling them to own, manage, and operate business enterprises in economically depressed areas. Adonais Second Chances Inc strives to provide the necessary support and resources for these residents and groups to embark on entrepreneurial journeys, thereby fostering economic growth and self-sufficiency.

Impact

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




Wednesday, July 24, 2024

Adonais Second Chances Inc is making a significant impact by helping individuals in economically depressed areas to own, manage, and operate their own businesses. Through their initiatives, they are expanding opportunities for residents and groups to become entrepreneurs, thereby fostering economic development and empowerment in the community. Their focus on creating employment opportunities is crucial in addressing socio-economic challenges and creating a more sustainable future for those they serve.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $596,550
  • Gross Receipts: $596,550

    • Assets and Liabilities:
  • Total Assets: $156,298
  • Total Liabilities: $181,336
  • Net Assets: -$25,038
  • Programs

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

    CONTRIBUTIONS

    Revenue

    $76,848

    GRANT - JOBS TRAINI

    Revenue

    $431,195

    OTHER INCOME

    Revenue

    $50,073

    PROGRAM FEE

    Revenue

    $38,434

    Organization Details

    Founding Year

    2018

    Principal Officer

    Karen Sims

    Main Address

    12017 TIMBERHILL DRIVE, RIVERVIEW, FL, 33569

    NTEE Category

    Code: J01 - Employment

    If you are a representative of Adonais Second Chances Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.