Civic Intelligence

Chance Academy

990 • Fiscal year 2021 • EIN 13-4361892

Sep 01, 2020 to Aug 31, 2021 • Filed on Jul 11, 2022

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

(205) 885-9107

Siviq Scores

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

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

31st percentile

0.02x

Higher debt load relative to revenue than 31% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

88th percentile

53%

Higher net margin than 88% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

99th percentile

1048%

Faster asset growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

91st percentile

149%

Faster revenue growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$1,361,684

Up $1,243,048 (+1048%) from 2020

Net Assets

Up

$1,314,537

Up $1,230,090 (+1457%) from 2020

Liabilities

Up

$47,147

Up $12,958 (+38%) from 2020

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin88th percentile

Revenue

Up

$2,306,904

Up $1,380,389 (+149%) from 2020

Expenses

Up

$1,076,814

Up $163,234 (+18%) from 2020

Net Income

Up

$1,230,090

Up $1,217,155 (+9410%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth99th 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

2021

Assets$1,361,684
Liabilities$47,147
Net Assets$1,314,537
Open 2021 Filing

Operations Trend

Revenue Growth91st 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

2021

Revenue$2,306,904
Expenses$1,076,814
Net Income$1,230,090
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jul 11, 2022
Return Version
2020v4.2
Gross Receipts
$2,306,904
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 mission of chance academy is to be an educational community that serves as a center for learning for students and their families and fosters environmental stewardship, wellness, peace-building, cultural literacy, and community and belonging.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,473$1,054,215▲ $1,052,742
Cash and Non-Interest-Bearing Accounts$98,544$209,820▲ $111,276
Accounts Receivable$2,550$82,960▲ $80,410
Prepaid Expenses and Deferred Charges$12,069$10,689▼ $1,380
Total Assets$118,636$1,361,684▲ $1,243,048
Other Assets Total$4,000$4,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$34,026$46,847▲ $12,821
Deferred Revenue$163$300▲ $137
Total Liabilities$34,189$47,147▲ $12,958
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$84,447$1,161,565▲ $1,077,118
Net Assets With Donor Restrictions-$152,972-
Total Net Assets Fund Balance$84,447$1,314,537▲ $1,230,090
Total Liabilities and Net Assets / Fund Balance$118,636$1,361,684▲ $1,243,048

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$804,919-$804,919
Land$244,592-$244,592
Equipment$4,146$3,124$7,270
Other Land Buildings$558$3,478$4,036
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Maia Falconi-sachsPresident
Casey RoncoroniDirector
Marilyn BenoitDirector
Marvin J Owens JrDirector
Rosalia Gh MillerDirector
Anna BernankeExecutive Director
Celeste NunezSecretary
Mildred MusgroveTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,270,266
Program Service Revenue
$34,855
Investment Income
$853
Other Revenue
$930
All Other Contributions
$2,270,266
Change in Net Assets
$1,230,090

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,306,904
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,306,904
Total Revenue per Form 990
$2,306,904
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$930,933
Other Expenses$145,881
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$757,132$93,930-$851,062
Payroll Taxes$69,039$7,347-$76,386
Fees for Services Accounting-$43,317-$43,317
All Other Expenses$12,732$2,873-$15,605
Occupancy$3,528$11,676-$15,204
Other Expenses$7,388$9,705-$7,388
Insurance$189$7,073-$7,262
Other Employee Benefits$3,292$193-$3,485
Office Expenses$84$2,477-$2,561
Information Technology$1,350$482-$1,832
Depreciation Depletion-$1,625-$1,625
Conferences and Meetings$728--$728
Total Functional Expenses$878,697$198,117$0$1,076,814

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,076,814
Total Expenses per Audited Statements$1,076,814
Total Expenses per Form 990$1,076,814
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
2058859107
Address
1349 INDEPENDENCE CT SE, WASHINGTON, DC 20003-2380

Signing Officer

Name
Anna Bernanke
Title
Executive Director
Phone
2058859107
Signed
2022-07-11
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
15
Volunteers
0

Preparer

Firm
Dembo Jones Pc
Address
6116 EXECUTIVE BLVD SUITE 500, NORTH BETHESDA, MD 20852
Preparer
Bert L Swain CPA
Phone
3017705100
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Chance academy is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. Accordingly, no provision for income taxes has been made in the accompanying financial statements. Chance academy is not a private foundation. For each fiscal year, chance academy has documented its consideration of fasb asc 740-10, income taxes, that provides guidance for reporting uncertainty in income taxes and has determined that no material uncertain tax positions qualify for either recognition or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 434 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.

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IRS990/OtherRevenueMiscGrp/Desc0ADMISSION PROCESSING F
IRS990/OtherRevenueMiscGrp/Desc1REBATES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0825
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1105
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0825
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1105
IRS990/OtherRevenueTotalAmt0930
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt093930
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0757132
IRS990/OtherSalariesAndWagesGrp/TotalAmt0851062
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07347
IRS990/PayrollTaxesGrp/ProgramServicesAmt069039
IRS990/PayrollTaxesGrp/TotalAmt076386
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012069
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010689
IRS990/PrincipalOfficerNm0ANNA BERNANKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt034855
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt034855
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0880300
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-1342
IRS990/PYOtherExpensesAmt0271225
IRS990/PYOtherRevenueAmt01139
IRS990/PYProgramServiceRevenueAmt046418
IRS990/PYRevenuesLessExpensesAmt012935
IRS990/PYSalariesCompEmpBnftPaidAmt0642355
IRS990/PYTotalExpensesAmt0913580
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0926515
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01230090
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt035785
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/BuildingsGrp/BookValueAmt0804919
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0804919
IRS990ScheduleD/EquipmentGrp/BookValueAmt04146
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03124
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07270
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01076814
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0244592
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0244592
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0558
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03478
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04036
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02306904
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CHANCE ACADEMY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. CHANCE ACADEMY IS NOT A PRIVATE FOUNDATION. FOR EACH FISCAL YEAR, CHANCE ACADEMY HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01054215
IRS990ScheduleD/TotalExpensesPerForm990Amt01076814
IRS990ScheduleD/TotalRevenuePerForm990Amt02306904
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02306904
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01076814
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/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
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0CHANCE ACADEMY
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0CHANCE MANOR LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0851974110
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt01215361
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0HOLDS PROPERTY FOR SCHOOL
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt014 WEEMS CREEK DRIVE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0ANNAPOLIS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd021401
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0118636
IRS990/TotalAssetsEOYAmt01361684
IRS990/TotalAssetsGrp/BOYAmt0118636
IRS990/TotalAssetsGrp/EOYAmt01361684
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02270266
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0198117
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0878697
IRS990/TotalFunctionalExpensesGrp/TotalAmt01076814
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034189
IRS990/TotalLiabilitiesEOYAmt047147
IRS990/TotalLiabilitiesGrp/BOYAmt034189
IRS990/TotalLiabilitiesGrp/EOYAmt047147
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt084447
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01314537
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0878697
IRS990/TotalProgramServiceRevenueAmt034855
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0853
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt035785
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02306904
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0118636
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01361684
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01349 INDEPENDENCE CT SE
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd0200032380
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0CHANCEACADEMY.ORG

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,361,684
Liabilities
$47,147
Net assets
$1,314,537
Revenue
$2,306,904
Expenses
$1,076,814
Net income
$1,230,090
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
2021Detailed filing. Detailed filing data is available for this year.$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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