Civic Intelligence

Chance Academy

990 • Fiscal year 2016 • EIN 13-4361892

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

Organization ProfileCHANCEACADEMY.ORG
1349 Independence CT SEWashington, DC 20003-2380

(202) 294-3593

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.03x

Higher debt load relative to assets than 47% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

39th percentile

0.01x

Higher debt load relative to revenue than 39% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

78th percentile

20%

Higher net margin than 78% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

89th percentile

49%

Faster asset growth than 89% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

87th percentile

50%

Faster revenue growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$386,049

Up $127,491 (+49%) from 2015

Net Assets

Up

$374,526

Up $139,712 (+59%) from 2015

Liabilities

Down

$11,523

Down $12,221 (-51%) from 2015

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin78th percentile

Revenue

Up

$839,398

Up $281,268 (+50%) from 2015

Expenses

Up

$671,526

Up $107,124 (+19%) from 2015

Net Income

Up

$167,872

Up $174,144 (+2777%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $28,681Liabilities 2010: $1,644Net Assets 2010: $27,0372010Assets 2011: $34,382Liabilities 2011: $0Net Assets 2011: $34,3822011Assets 2012: $17,257Liabilities 2012: $0Net Assets 2012: $17,2572012Assets 2013: $3,006Liabilities 2013: $02013Assets 2014: $259,843Liabilities 2014: $18,757Net Assets 2014: $241,0862014Assets 2015: $258,558Liabilities 2015: $23,744Net Assets 2015: $234,8142015Assets 2016: $386,049Liabilities 2016: $11,523Net Assets 2016: $374,5262016Assets 2017: $158,660Liabilities 2017: $13,468Net Assets 2017: $145,1922017Assets 2018: $290,784Liabilities 2018: $17,407Net Assets 2018: $273,3772018Assets 2019: $91,375Liabilities 2019: $19,863Net Assets 2019: $71,5122019Assets 2020: $118,636Liabilities 2020: $34,189Net Assets 2020: $84,4472020Assets 2021: $1,361,684Liabilities 2021: $47,147Net Assets 2021: $1,314,5372021Assets 2022: $1,559,693Liabilities 2022: $57,592Net Assets 2022: $1,502,1012022Assets 2023: $1,223,040Liabilities 2023: $402,230Net Assets 2023: $820,8102023Assets 2024: $800,160Liabilities 2024: $136,373Net Assets 2024: $663,7872024

Highlighted filing

2016

Assets$386,049
Liabilities$11,523
Net Assets$374,526
Open 2016 Filing

Operations Trend

Revenue Growth87th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $72,510Expenses 2010: $68,748Net Income 2010: $3,7622010Revenue 2011: $84,280Expenses 2011: $76,935Net Income 2011: $7,3452011Revenue 2012: $80,121Expenses 2012: $97,246Net Income 2012: -$17,1252012Revenue 2013: $71,605Expenses 2013: $85,856Net Income 2013: -$14,2512013Revenue 2014: $522,193Expenses 2014: $279,589Net Income 2014: $242,6042014Revenue 2015: $558,130Expenses 2015: $564,402Net Income 2015: -$6,2722015Revenue 2016: $839,398Expenses 2016: $671,526Net Income 2016: $167,8722016Revenue 2017: $173,764Expenses 2017: $403,098Net Income 2017: -$229,3342017Revenue 2018: $850,693Expenses 2018: $722,508Net Income 2018: $128,1852018Revenue 2019: $629,336Expenses 2019: $831,201Net Income 2019: -$201,8652019Revenue 2020: $926,515Expenses 2020: $913,580Net Income 2020: $12,9352020Revenue 2021: $2,306,904Expenses 2021: $1,076,814Net Income 2021: $1,230,0902021Revenue 2022: $1,663,380Expenses 2022: $1,475,816Net Income 2022: $187,5642022Revenue 2023: $995,828Expenses 2023: $1,677,119Net Income 2023: -$681,2912023Revenue 2024: $1,415,240Expenses 2024: $1,572,263Net Income 2024: -$157,0232024

Highlighted filing

2016

Revenue$839,398
Expenses$671,526
Net Income$167,872
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$839,398
Mission and Program Overview

Mission

The chance academy program is dedicated to two essential elements which are different, but mutually intertwined: the academic education is holistic, child-centered, arts-integrated, experiential, and developmentally appropriate. The program seeks to create a community that is dedicated to mindful and peaceful practice for all; promotes nutritional, physical, and emotional wellness; and is committed to building community within and outside of the chance academy families.

The chance academy program is dedicated to two essential elements which are different, but mutually intertwined: the academic education is holistic, child centered, arts-integrated, experiential, and developmentally appropriate. The program seeks to create a community that is dedicated to mindful and peaceful practice for all; promotes nutritional, physical, and emotional wellness; and is committed to building community within and outside of the chance academy families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$222,168$370,871▲ $148,703
Prepaid Expenses and Deferred Charges$20,361$7,216▼ $13,145
Land, Buildings, and Equipment, Net$4,279$3,468▼ $811
Total Assets$258,558$386,049▲ $127,491
Other Assets Total$11,750$4,494▼ $7,256
Liabilities
Accounts Payable and Accrued Expenses$23,744$11,523▼ $12,221
Total Liabilities$23,744$11,523▼ $12,221
Net Assets / Fund Balance
Unrestricted Net Assets$206,654$374,526▲ $167,872
Temporarily Rstr Net Assets$28,160$0▼ $28,160
Total Net Assets Fund Balance$234,814$374,526▲ $139,712
Total Liabilities and Net Assets / Fund Balance$258,558$386,049▲ $127,491

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,824$1,012$2,836
Equipment$1,644$772$2,416
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Maia Falconi-sachsPresident
Marilyn BenoitDirector
Marvin OwensDirector
Robyn GordonDirector
Rosalia Gh MillerDirector
Anna BernankeExecutive Director
Celeste RhodesSecretary
Mildred MusgroveTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$801,000
Program Service Revenue
$38,398
Investment Income
$0
Other Revenue
$0
All Other Contributions
$801,000
Change in Net Assets
$167,872
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$478,482
Other Expenses$191,509
Professional Fundraising Fees$1,535
Total Fundraising Expense$1,535
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$386,131$51,408-$437,539
Occupancy$50,500--$50,500
Payroll Taxes$38,517--$38,517
Fees for Services Other$23,733--$23,733
Fees for Services Accounting-$10,500-$10,500
Travel$8,576--$8,576
Office Expenses$3,227$4,542-$7,769
Insurance-$6,272-$6,272
Information Technology$2,512$838-$3,350
Other Expenses$2,966$7,597-$2,966
All Other Expenses-$2,778-$2,778
Other Employee Benefits$2,426--$2,426
Fees for Services Professional Fundraising--$1,535$1,535
Conferences and Meetings-$1,200-$1,200
Depreciation Depletion-$810-$810
Total Functional Expenses$584,046$85,945$1,535$671,526
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,535
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization does not have any committees with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“A draft of form 990 is prepared by a cpa firm and provided to the executive director and manager for their review. Once the executive director and manager are satisfied as to the propriety of the form, it is presented to the board for its review prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“Monitoring and enforcement of the conflict of interest policy are discussed regularly throughout the year.”

Form 990, Part VI, Section B, Line 15

“At this time, the board does not intend to hire an executive director or compensate any top management official; hence a compensation committee has not yet been formed.”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Chance Academy
EIN
13-4361892
Phone
2022943593
Address
1349 INDEPENDENCE CT SE, WASHINGTON, DC 20003-2380

Signing Officer

Name
Anna Bernanke
Title
Executive Director
Phone
2022943593
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anna Bernanke
Formed
2007
Legal Domicile
Dc
Voting Board Members
8
Independent Board Members
8
Employees
18
Volunteers
24

Preparer

Firm
Dembo Jones Pc
Address
6010 EXECUTIVE BLVD SUITE 900, ROCKVILLE, MD 20852
Preparer
Bert L Swain CPA
Phone
3017705100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Refund of prior grant income -28,160.”

Raw XML AppendixShowing 400 of 402 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt023744
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011523
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE CHANCE ACADEMY PROGRAM IS DEDICATED TO TWO ESSENTIAL ELEMENTS WHICH ARE DIFFERENT, BUT MUTUALLY INTERTWINED: THE ACADEMIC EDUCATION IS HOLISTIC, CHILD CENTERED, ARTS-INTEGRATED, EXPERIENTIAL, AND DEVELOPMENTALLY APPROPRIATE. THE PROGRAM SEEKS TO CREATE A COMMUNITY THAT IS DEDICATED TO MINDFUL AND PEACEFUL PRACTICE FOR ALL; PROMOTES NUTRITIONAL, PHYSICAL, AND EMOTIONAL WELLNESS; AND IS COMMITTED TO BUILDING COMMUNITY WITHIN AND OUTSIDE OF THE CHANCE ACADEMY FAMILIES.
IRS990/AllOtherContributionsAmt0801000
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02778
IRS990/AllOtherExpensesGrp/TotalAmt02778
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ANNA BERNANKE
IRS990/BooksInCareOfDetail/PhoneNum02022943593
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01349 INDEPENDENCE CT SE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0200032380
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0222168
IRS990/CashNonInterestBearingGrp/EOYAmt0370871
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01200
IRS990/ConferencesMeetingsGrp/TotalAmt01200
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0801000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0191509
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt038398
IRS990/CYRevenuesLessExpensesAmt0167872
IRS990/CYSalariesCompEmpBnftPaidAmt0478482
IRS990/CYTotalExpensesAmt0671526
IRS990/CYTotalFundraisingExpenseAmt01535
IRS990/CYTotalProfFndrsngExpnsAmt01535
IRS990/CYTotalRevenueAmt0839398
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0810
IRS990/DepreciationDepletionGrp/TotalAmt0810
IRS990/Desc0EDUCATIONAL TUTORING PROGRAM AND COOPERATIVE FOR HOMESCHOOLED CHILDREN OFFERING ARTS INTEGRATED, EXPERIENTIAL, AND SITE-BASED LEARNING IN AGE APPROPRIATE GROUPS UTILIZING A HOLISTIC APPROACH.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt018
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0584046
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010500
IRS990/FeesForServicesAccountingGrp/TotalAmt010500
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt023733
IRS990/FeesForServicesOtherGrp/TotalAmt023733
IRS990/FeesForServicesProfFundraising/FundraisingAmt01535
IRS990/FeesForServicesProfFundraising/TotalAmt01535
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0ANNA BERNANKE
IRS990/Form990PartVIISectionAGrp/PersonNm1MAIA FALCONI-SACHS
IRS990/Form990PartVIISectionAGrp/PersonNm2CELESTE RHODES
IRS990/Form990PartVIISectionAGrp/PersonNm3MILDRED MUSGROVE
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBYN GORDON
IRS990/Form990PartVIISectionAGrp/PersonNm5ROSALIA GH MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm6MARILYN BENOIT
IRS990/Form990PartVIISectionAGrp/PersonNm7MARVIN OWENS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0839398
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0838
IRS990/InformationTechnologyGrp/ProgramServicesAmt02512
IRS990/InformationTechnologyGrp/TotalAmt03350
IRS990/InsuranceGrp/ManagementAndGeneralAmt06272
IRS990/InsuranceGrp/TotalAmt06272
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01784
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04279
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03468
IRS990/LandBldgEquipCostOrOtherBssAmt05252
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CHANCE ACADEMY PROGRAM IS DEDICATED TO TWO ESSENTIAL ELEMENTS WHICH ARE DIFFERENT, BUT MUTUALLY INTERTWINED: THE ACADEMIC EDUCATION IS HOLISTIC, CHILD CENTERED, ARTS-INTEGRATED, EXPERIENTIAL, AND DEVELOPMENTALLY APPROPRIATE. THE PROGRAM SEEKS TO CREATE A COMMUNITY THAT IS DEDICATED TO MINDFUL AND PEACEFUL PRACTICE FOR ALL; PROMOTES NUTRITIONAL, PHYSICAL, AND EMOTIONAL WELLNESS; AND IS COMMITTED TO BUILDING COMMUNITY WITHIN AND OUTSIDE OF THE CHANCE ACADEMY FAMILIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0234814
IRS990/NetAssetsOrFundBalancesEOYAmt0374526
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt050500
IRS990/OccupancyGrp/TotalAmt050500
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04542
IRS990/OfficeExpensesGrp/ProgramServicesAmt03227
IRS990/OfficeExpensesGrp/TotalAmt07769
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt011750
IRS990/OtherAssetsTotalGrp/EOYAmt04494
IRS990/OtherChangesInNetAssetsAmt0-28160
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02426
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02426
IRS990/OtherExpensesGrp/Desc0FIELD TRIPS
IRS990/OtherExpensesGrp/Desc1WORKSHOPS
IRS990/OtherExpensesGrp/Desc2PAYROLL PROCESSING FEES
IRS990/OtherExpensesGrp/Desc3BOOKS,SUBSCRIPTIONS,REF
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07597
IRS990/OtherExpensesGrp/ProgramServicesAmt042087
IRS990/OtherExpensesGrp/ProgramServicesAmt123371
IRS990/OtherExpensesGrp/ProgramServicesAmt22966
IRS990/OtherExpensesGrp/TotalAmt042087
IRS990/OtherExpensesGrp/TotalAmt123371
IRS990/OtherExpensesGrp/TotalAmt27597
IRS990/OtherExpensesGrp/TotalAmt32966
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt051408
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0386131
IRS990/OtherSalariesAndWagesGrp/TotalAmt0437539
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt038517
IRS990/PayrollTaxesGrp/TotalAmt038517
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020361
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07216
IRS990/PrincipalOfficerNm0ANNA BERNANKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1CONTEST PRIZE
IRS990/ProgramServiceRevenueGrp/Desc2REBATES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt038112
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt236
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt038112
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt236
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0520260
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0241357
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt037870
IRS990/PYRevenuesLessExpensesAmt0-6272
IRS990/PYSalariesCompEmpBnftPaidAmt0323045
IRS990/PYTotalExpensesAmt0564402
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0558130
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0167872
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt038398
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01644
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0772
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02416
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01824
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01012
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02836
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03468
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0CHANCE ACADEMY INCLUDES ON THEIR WEB SITE A DESCRIPTION OF THEIR NONDISCRIMINATORY POLICY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF FORM 990 IS PREPARED BY A CPA FIRM AND PROVIDED TO THE EXECUTIVE DIRECTOR AND MANAGER FOR THEIR REVIEW. ONCE THE EXECUTIVE DIRECTOR AND MANAGER ARE SATISFIED AS TO THE PROPRIETY OF THE FORM, IT IS PRESENTED TO THE BOARD FOR ITS REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MONITORING AND ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY ARE DISCUSSED REGULARLY THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT THIS TIME, THE BOARD DOES NOT INTEND TO HIRE AN EXECUTIVE DIRECTOR OR COMPENSATE ANY TOP MANAGEMENT OFFICIAL; HENCE A COMPENSATION COMMITTEE HAS NOT YET BEEN FORMED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REFUND OF PRIOR GRANT INCOME -28,160.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt028160
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0258558
IRS990/TotalAssetsEOYAmt0386049
IRS990/TotalAssetsGrp/BOYAmt0258558
IRS990/TotalAssetsGrp/EOYAmt0386049
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0801000
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01535
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt085945
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0584046
IRS990/TotalFunctionalExpensesGrp/TotalAmt0671526
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023744
IRS990/TotalLiabilitiesEOYAmt011523
IRS990/TotalLiabilitiesGrp/BOYAmt023744
IRS990/TotalLiabilitiesGrp/EOYAmt011523
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0234814
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0374526
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0584046
IRS990/TotalProgramServiceRevenueAmt038398
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt038398
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0839398
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt024
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0258558
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0386049
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt08576
IRS990/TravelGrp/TotalAmt08576
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0206654
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0374526
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01349 INDEPENDENCE CT SE
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd0200032380
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0CHANCEACADEMY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANNA BERNANKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02022943593
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHANCE ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0CHAN
ReturnHeader/Filer/EIN0134361892
ReturnHeader/Filer/PhoneNum02022943593
ReturnHeader/Filer/USAddress/AddressLine1Txt01349 INDEPENDENCE CT SE
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd0200032380
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07DB953D862C4A37959587F47403F31D20F0990DF
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0522841549FE78DD70A12B15C2A71EF6E09C21B26
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.56.64.202
ReturnHeader/FilingSecurityInformation/IPDt02017-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm017:36:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521073331
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DEMBO JONES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06010 EXECUTIVE BLVD SUITE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCKVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020852
ReturnHeader/PreparerPersonGrp/PhoneNum03017705100
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BERT L SWAIN CPA
ReturnHeader/ReturnTs02017-11-14T08:47:05-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$386,049
Liabilities
$11,523
Net assets
$374,526
Revenue
$839,398
Expenses
$671,526
Net income
$167,872
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.14$0.66$1.42$1.57$0.16
2023Summary only. Only limited summary data is available for this year.$1.22$0.40$0.82$1.00$1.68$0.68
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.06$1.50$1.66$1.48$0.19
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.05$1.31$2.31$1.08$1.23
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.03$0.08$0.93$0.91$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.02$0.07$0.63$0.83$0.20
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.02$0.27$0.85$0.72$0.13
2017Summary only. Only limited summary data is available for this year.$0.16$0.01$0.15$0.17$0.40$0.23
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.01$0.37$0.84$0.67$0.17
2015Summary only. Only limited summary data is available for this year.$0.26$0.02$0.23$0.56$0.56$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.26$0.02$0.24$0.52$0.28$0.24
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.07$0.09$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.02$0.08$0.10$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.08$0.08$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.07$0.07$0.00