Skip to content

Minnesota · Nonprofit

SECOND CHANCE FOR LIFE FOUNDATION

SECOND CHANCE FOR LIFE FOUNDATION (Minnesota) receives grants from 6 organizations whose IRS filings report $26,158 to it, the largest being WRIGHT-HENNEPIN ELECTRIC TRUST ($10,000). 3 of them have funded it in more than one year.

Revenue FY2026
$42k
Funders on record
6
Grants received
$26k
Net assets
$322k
3/6 repeat funderspeak grant-dependency 5%
01What it does

What Second Chance for Life Foundation does

Mission

To support the physical, mental, and financial well-being of heart transplant and lvad recipients, provide patient housing, and promote organ donor awareness and membership.

As stated on its FY2026 Form 990.

Program

  1. To support the physical, mental, and financial well-being of heart transplant and lvad recipients, provide patient housing, and promote organ donor awareness and membership.

    $65,363 spentof which $46,368 as grants$42,196 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $65,363.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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 = 20202020 Revenue 100 ($70k) Expenses 100 ($75k) Net assets 100 ($293k)2021 Revenue 54 ($38k) Expenses 33 ($25k) Net assets 111 ($326k)2022 Revenue 92 ($65k) Expenses 48 ($36k) Net assets 112 ($328k)2023 Revenue 110 ($77k) Expenses 58 ($44k) Net assets 121 ($355k)2024 Revenue 66 ($46k) Expenses 47 ($35k) Net assets 123 ($362k)2025 Revenue 66 ($46k) Expenses 73 ($55k) Net assets 117 ($343k)2026 Revenue 60 ($42k) Expenses 103 ($78k) Net assets 110 ($322k)
2020202120222023202420252026
Revenue (60)Expenses (103)Net assets (110)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 2020 to 2021, from $293k to $326k (+11%).

$293k
$326k
$328k
$355k
$362k
$344k
$323k
2020202120222023202420252026
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.

2020
2021
2022
2023
2024
2025
2026
ContributionsProgram revenueInvestmentOther

32% of SECOND CHANCE FOR LIFE FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 12,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.

−$5k
’20
$13k
’21
$29k
’22
$34k
’23
$11k
’24
−$9k
’25
−$36k
’26
49
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2020202120222023202420252026
Listed544461010
Joined·+1+1+0+3+5+0
No longer listed·210110
03Who funds it

Who funds it, year by year

2017 → 2022: the base broadened from 1 funder to 2 funders, grant income fell $5k → $3k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 22% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SECOND CHANCE FOR LIFE FOUNDATION’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 FOR LIFE FOUNDATION leans on a few funders — its largest provides 38% of grant income and the top three 81%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

82% 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 FOR LIFE FOUNDATION.

38%
largest funder
81%
top three
~4
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 88% · 2020 92% · 2021 100% · 2022 77% — diversifying over time.

“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

72% of SECOND CHANCE FOR LIFE FOUNDATION's grant income comes from Minnesota funders.

MN
FL

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

’17
’18
’19
’20
’22
Minnesota out of state home

Funder states come from each funder’s own filing. $6k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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 FOR LIFE FOUNDATION is better cushioned than half of the 162 health nonprofits its size.

Operating margin−85% · bottom quartile
Months of reserve49.2mo · above the median
Revenue growth (annualized)−8% · below the median

this organization peer median middle 50% of peers· 162 health nonprofits under $100k, FY2026

Organizations like SECOND CHANCE FOR LIFE FOUNDATION

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 Minnesota

Nationally

05Profile & governance

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

Where the money goes

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

10
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

82%

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

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for SECOND CHANCE FOR LIFE FOUNDATION: 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 FOR LIFE FOUNDATION?
SECOND CHANCE FOR LIFE FOUNDATION (Minnesota) receives grants from 6 organizations whose IRS filings report $26,158 to it, the largest being WRIGHT-HENNEPIN ELECTRIC TRUST ($10,000). 3 of them have funded it in more than one year.
How many funders does SECOND CHANCE FOR LIFE FOUNDATION have?
IRS filings report 6 organizations giving $26,158 in grants to SECOND CHANCE FOR LIFE FOUNDATION, 3 of which have funded it in more than one year.
Who is the largest funder of SECOND CHANCE FOR LIFE FOUNDATION?
WRIGHT-HENNEPIN ELECTRIC TRUST is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like SECOND CHANCE FOR LIFE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. 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 for Life →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2020–2026), and the filings of 6 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