SECOND CHANCES GARAGE INC

FREDERICK, MD, 21701 (240) 724-1919 Est. 2009 EIN 27-1336325

P80 - Centers to Support Independence of Specific Populations 990 - Public charity return 501(c)(3)

Mission

MISSION: WE GIVE SECOND CHANCES TO VEHICLES AND THE PEOPLE WHO NEED THEM. OUR MISSION IS TO PROVIDE AFFORDABLE TRANSPORTATION SOLUTIONS THAT HELP WAGE-EARNING INDIVIDUALS AND FAMILIES WITH LOW INCOMES OVERCOME BARRIERS TO MAINTAINING EMPLOYMENT, PURSUING BETTER-PAYING JOBS, ATTENDING SCHOOL, ACCESSING HEALTHCARE, AND MEETING FAMILY RESPONSIBILITIES.

Financials

Total Revenue

$1,480,825

Total Expenses

$1,342,544

Net Assets

$362,610

10 employees 10 volunteers

From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve

3.2 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 25.1%

Expenses ↑ 18.2%

Revenue Sources

Contributions 58.7% Earned revenue 42.0%

Expense Breakdown

Program 92.1% Management 5.9% Fundraising 2.0%

Officers & Key Employees (14)

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Grants Received (33)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2025 990 - Public charity return Jan 1, 2025 to Dec 31, 2025	$1,480,825 ↑	$1,342,544	$362,610
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$1,039,736 ↑	$1,114,280	$131,308
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$954,312 ↑	$1,027,936	$205,852
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$942,968 ↑	$876,701	$302,563
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$781,036	$778,727	$248,400