Adonais Second Chances INC FY2021 filing

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To expand the opportunities available to said residents and groups to own, manage and operate business enterprises in ecoomicaly depressed areas, to assist said residents and groups in developing entrepr

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 84-3099454) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $17K a year · 4% of revenue · last 6 filings
A surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
0.1 mo
of spending, in cash
0.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$82K
146% of total assets
Liabilities are 146% of assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$26K
+63% vs prior year
Spent
$54K
To programs
100%
Net assets
−$26K
By yearFY2020–FY2025
Revenue
$26K
FY2021▲ +63%
Tap a bar for its year
Revenue by fiscal year
FY2020$16K
FY2021$26K
FY2022$597K
FY2023$1.0M
FY2024$438K
FY2025$163K
Expenses
$54K
FY2021▲ +460%
Tap a bar for its year
Expenses by fiscal year
FY2020$10K
FY2021$54K
FY2022$599K
FY2023$814K
FY2024$349K
FY2025$327K
Net assets
−$26K
FY2021▼ -1161%
Tap a bar for its year
Net assets by fiscal year
FY2020$2K
FY2021−$26K
FY2022−$25K
FY2023$61K
FY2024$153K
FY2025$5K

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $54K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Adonais Second Chances INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps residents and groups own and manage businesses in depressed areas.

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1 program · $54K · in their own filed words · FY2021
01

To expand the opportunities available to said residents and groups to

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 84-3099454) · Dispute this line
$54Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$1K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$26K
Ln 12
Fees for servicesLn 2g$26K
Money outPt IX
$54K
Ln 25
Programscol B$54K
Owns and owesPt X
−$26K
net assets · Ln 32
Cash and savingsLn 1–2$604
Total assetsLn 16$56K
LiabilitiesLn 26$82K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$26K
Total revenueLn 12$26K
Assets in detailPt X, end of year
CashLn 1$604
Cash and savings togetherLn 1–2$604
Accounts receivableLn 4$55K
Total assetsLn 16$56K
LiabilitiesLn 26$82K
Net assetsLn 32−$26K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$2K$604
Total assetsLn 16$2K$56K
LiabilitiesLn 26$200$82K
Net assetsLn 32$2K−$26K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of disqualified personsLn 6$31K$31K
Accounting feesLn 11c$295$295
Office expensesLn 13$781$781
TravelLn 17$166$166
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$20K$20K
Total functional expensesLn 25$54K$54K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jun 16, 2026 $163K$327K−$164K$5K 990 PDF
FY2024Filed with the IRS Jul 29, 2025 $438K$349K$89K$153K 990 PDF
FY2023Filed with the IRS Jul 25, 2024 $1.0M$814K$199K$61K 990 PDF
FY2022Filed with the IRS Apr 28, 2023 $597K$599K−$2K−$25K 990 PDF
FY2021 ViewingFiled with the IRS Feb 28, 2022 $26K$54K−$28K−$26K 990 PDF
FY2020Filed with the IRS Jul 6, 2021 $16K$10K$7K$2K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $26,429 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $16,259$26,429
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $16,259$26,429
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$30,630
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $9,712$23,731
I-18 Total expensesPrior year $9,712$54,361
I-19 Revenue less expensesPrior year $6,547−$27,932
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $26,429 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $26,429$26,429
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $26,429$26,429
Part IX · Statement of functional expenses $54,361 across 6 lines filed
IX-6 Pay of disqualified personsPrograms $30,630$30,630
IX-11c Accounting feesPrograms $295$295
IX-13 Office expensesPrograms $781$781
IX-17 TravelPrograms $166$166
IX-23 InsurancePrograms $2,309$2,309
IX-24 Other expenses (24a–d)Programs $20,180$20,180
IX-25 Total functional expensesPrograms $54,361 · Management $0 · Fundraising $0$54,361
Part X · Balance sheet $56,012 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $2,424$604
X-4 Accounts receivable$55,408
X-16 Total assetsStart of year $2,424$56,012
X-24 Unsecured notes and loans payable$75,500
X-25 Other liabilities$6,221
X-26 Total liabilitiesStart of year $200$81,721
X-27 Net assets without donor restrictionsStart of year $2,224−$25,709
X-32 Total net assets or fund balancesStart of year $2,224−$25,709
X-33 Total liabilities and net assetsStart of year $2,424$56,012
Part XI · Reconciliation of net assets −$25,709 net assets at year end
XI-1 Total revenue$26,429
XI-2 Total expenses$54,361
XI-3 Revenue less expenses−$27,932
XI-4 Net assets at start of year$2,224
XI-10 Net assets at end of year−$25,709

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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