Skip to content

South Carolina · Nonprofit

SECOND CHANCE BIKES

SECOND CHANCE BIKES (South Carolina) receives grants from 3 organizations whose IRS filings report $21,500 to it, the largest being TRIDENT UNITED WAY ($15,000). 0 of them have funded it in more than one year.

Revenue FY2024
$120k
Funders on record
3
Grants received
$22k
Net assets
$67k
0/3 repeat funderspeak grant-dependency 5%
01What it does

What Second Chance Bikes does

Mission

Basic Needs Provision

As stated on its FY2024 Form 990-EZ.

Programs

  1. Low-Cost Repair Services: Over 500 work orders were completed, the majority of which were provided discounts on labor or parts.

    $54,671 spent
    40% of program spending
  2. Classes and Workshops: 175 people served. Participants get hands-on experience using tools and learning basic bike maintenance and repairs. Other topics include bike safety and how to upcycle old bike parts into useful things.

    $30,271 spent
    22% of program spending
  3. Bicycle Thrift Store: Over 300 people purchased reliable used bicycles

    $30,168 spent
    22% of program spending
  4. Change a Tire, Change a Life: Program provides bicycles to people experiencing homelessness, poverty, or other hardship. 205 adults received free bicycles

    $22,879 spent
    17% of program spending

The 4 programs described on its FY2024 Form 990-EZ. Program spending in total: $137,989.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($64k) Expenses 100 ($52k) Net assets 100 ($23k)2022 Revenue 124 ($79k) Expenses 96 ($50k) Net assets 225 ($52k)2023 Revenue 183 ($117k) Expenses 158 ($83k) Net assets 375 ($86k)2024 Revenue 187 ($120k) Expenses 265 ($138k) Net assets 293 ($67k)
2021202220232024
Revenue (187)Expenses (265)Net assets (293)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $52k to $86k (+66%).

$23k
$52k
$86k
$67k
2021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

95% of SECOND CHANCE BIKES’s revenue is contributions — more donation-reliant than the typical peer (91% for the typical peer).

This organization
Typical peer · 23,870 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.

$12k
’21
$29k
’22
$34k
’23
−$19k
’24

Leadership and staff

Chief executive

Sylvie Baele

Executive Director

As listed on its FY2024 Form 990-EZ.

03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income rose $500 → $6k.

From the IRS filings of SECOND CHANCE BIKES’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SECOND CHANCE BIKES leans on a few funders — its largest provides 70% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SECOND CHANCE BIKES.

70%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

70% of SECOND CHANCE BIKES's grant income comes from South Carolina funders.

OH
SC
GA

In-state vs out-of-state, by year

’22
’23
South Carolina out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SECOND CHANCE BIKES has grown faster than three-quarters of the 21,616 human services nonprofits its size.

Operating margin−16% · bottom quartile
Revenue growth (annualized)23% · top quartile

this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024

Organizations like SECOND CHANCE BIKES

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In South Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

SC

Screen this organization

A dated, signed PDF of the compliance screen for SECOND CHANCE BIKES: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SECOND CHANCE BIKES?
SECOND CHANCE BIKES (South Carolina) receives grants from 3 organizations whose IRS filings report $21,500 to it, the largest being TRIDENT UNITED WAY ($15,000). 0 of them have funded it in more than one year.
How many funders does SECOND CHANCE BIKES have?
IRS filings report 3 organizations giving $21,500 in grants to SECOND CHANCE BIKES.
Who is the largest funder of SECOND CHANCE BIKES?
TRIDENT UNITED WAY is the largest funder on record, with $15,000 in grants. The full list of funders is on this page.
How can an organization like SECOND CHANCE BIKES find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Second Chance Bikes →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing