Civic Intelligence

Chance Academy

990 • Fiscal year 2023 • EIN 13-4361892

Sep 01, 2022 to Aug 31, 2023 • Filed on Jul 09, 2024

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

(240) 746-2550

Siviq Scores

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

Liabilities / Assets

76th percentile

0.33x

Higher debt load relative to assets than 76% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

77th percentile

0.40x

Higher debt load relative to revenue than 77% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

5th percentile

-68%

Higher net margin than 5% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

6th percentile

-22%

Faster asset growth than 6% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

9th percentile

-40%

Faster revenue growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets76th percentile

Assets

Flat

$1,223,040

Flat from 2023

Net Assets

Flat

$820,810

Flat from 2023

Liabilities

Flat

$402,230

Flat from 2023

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin5th percentile

Revenue

Flat

$995,828

Flat from 2023

Expenses

Flat

$1,677,119

Flat from 2023

Net Income

Flat

-$681,291

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth6th 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 2023: $1,223,040Liabilities 2023: $402,230Net Assets 2023: $820,8102023Assets 2024: $800,160Liabilities 2024: $136,373Net Assets 2024: $663,7872024

Highlighted filing

2023

Assets$1,223,040
Liabilities$402,230
Net Assets$820,810
Open 2023 Filing

Operations Trend

Revenue Growth9th 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 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

2023

Revenue$995,828
Expenses$1,677,119
Net Income-$681,291
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jul 9, 2024
Return Version
2022v5.0
Gross Receipts
$2,395,070
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
Cash and Non-Interest-Bearing Accounts$190,730$814,358▲ $623,628
Pledges and Grants Receivable-$172,787-
Prepaid Expenses and Deferred Charges$17,728$20,800▲ $3,072
Land, Buildings, and Equipment, Net$1,315,948$2,210▼ $1,313,738
Accounts Receivable$31,287$1,478▼ $29,809
Total Assets$1,559,693$1,223,040▼ $336,653
Other Assets Total$4,000$211,407▲ $207,407
Liabilities
Other Liabilities$0$363,408▲ $363,408
Accounts Payable and Accrued Expenses$56,842$38,822▼ $18,020
Deferred Revenue$750--
Total Liabilities$57,592$402,230▲ $344,638
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,502,101$710,523▼ $791,578
Net Assets With Donor Restrictions-$110,287-
Total Net Assets Fund Balance$1,502,101$820,810▼ $681,291
Total Liabilities and Net Assets / Fund Balance$1,559,693$1,223,040▼ $336,653

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,994$4,592$6,586
Other Land Buildings$216$984$1,200
Other Assets Org$199,074--
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
$1,085,666
Program Service Revenue
$90,375
Investment Income
$-181,698
Other Revenue
$1,485
All Other Contributions
$1,085,666
Change in Net Assets
$-681,291

Audited Revenue Reconciliation

Revenue per Audited Statements
$967,353
Revenue Not Reported on Financial Statements
$28,475
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$28,475
Total Revenue per Audited Statements
$967,353
Total Revenue per Form 990
$995,828
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,204,428
Other Expenses$392,216
Professional Fundraising Fees$52,000
Total Fundraising Expense$52,000
Grants and Similar Amounts Paid$28,475

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$985,357$114,846-$1,100,203
Occupancy$113,117--$113,117
Payroll Taxes$83,146$8,829-$91,975
Fees for Services Accounting-$72,689-$72,689
Conferences and Meetings$61,418--$61,418
Fees for Services Professional Fundraising--$52,000$52,000
All Other Expenses$26,150$16,021-$42,171
Grants to Domestic Individuals$28,475--$28,475
Other Expenses$1,145$14,577-$15,722
Other Employee Benefits$11,476$774-$12,250
Insurance-$10,089-$10,089
Information Technology$3,898$560-$4,458
Travel$3,768--$3,768
Depreciation Depletion-$1,158-$1,158
Advertising-$200-$200
Office Expenses-$57-$57
Interest-$1-$1
Total Functional Expenses$1,385,283$239,836$52,000$1,677,119

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,677,119
Expenses per Audited Statements$1,648,644
Total Expenses per Audited Statements$1,648,644
Expenses Not Reported on Financial Statements$28,475
Other Expense Adjustments$28,475
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$52,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$202,101
Refundable Advance$161,307
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
Yes
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

“Anna bernanke is a founder and volunteer executive director. There are no other compensated senior staff, and therefore no compensation committee is necessary.”

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
2407462550
Address
1349 INDEPENDENCE CT SE, WASHINGTON, DC 20003-2380

Signing Officer

Name
Anna Bernanke
Title
Executive Director
Phone
2407462550
Signed
2024-07-09
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 XI, LINE 4B - OTHER ADJUSTMENTS:

“Tuition discounts 28,475.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Tuition discounts 28,475.”

Raw XML AppendixShowing 400 of 489 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/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0774
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011476
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012250
IRS990/OtherExpensesGrp/Desc0FIELD TRIPS
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt035
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114577
IRS990/OtherExpensesGrp/ProgramServicesAmt025377
IRS990/OtherExpensesGrp/ProgramServicesAmt123814
IRS990/OtherExpensesGrp/ProgramServicesAmt218142
IRS990/OtherExpensesGrp/ProgramServicesAmt31145
IRS990/OtherExpensesGrp/TotalAmt025377
IRS990/OtherExpensesGrp/TotalAmt123849
IRS990/OtherExpensesGrp/TotalAmt218142
IRS990/OtherExpensesGrp/TotalAmt315722
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0363408
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/BusinessCd1611600
IRS990/OtherRevenueMiscGrp/Desc0REBATES
IRS990/OtherRevenueMiscGrp/Desc1ADMISSION PROCESSING FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0785
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1700
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0785
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1700
IRS990/OtherRevenueTotalAmt01485
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0114846
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0985357
IRS990/OtherSalariesAndWagesGrp/TotalAmt01100203
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08829
IRS990/PayrollTaxesGrp/ProgramServicesAmt083146
IRS990/PayrollTaxesGrp/TotalAmt091975
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0172787
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017728
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020800
IRS990/PrincipalOfficerNm0ANNA BERNANKE
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1SUMMER CAMP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt085537
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14838
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt085537
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14838
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01586847
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt026727
IRS990/PYInvestmentIncomeAmt0115
IRS990/PYOtherExpensesAmt0299334
IRS990/PYOtherRevenueAmt0968
IRS990/PYProgramServiceRevenueAmt075450
IRS990/PYRevenuesLessExpensesAmt0187564
IRS990/PYSalariesCompEmpBnftPaidAmt01085055
IRS990/PYTotalExpensesAmt01475816
IRS990/PYTotalProfFndrsngExpnsAmt064700
IRS990/PYTotalRevenueAmt01663380
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-681291
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt091860
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/BookValueAmt01994
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04592
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06586
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt028475
IRS990ScheduleD/ExpensesSubtotalAmt01648644
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012333
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1199074
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ROU ASSET
IRS990ScheduleD/OtherExpensesNotIncludedAmt028475
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0216
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0984
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0161307
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1202101
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE ADVANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OPERATING LEASE LIABILITY
IRS990ScheduleD/OtherRevenuesNotIncludedAmt028475
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt028475
IRS990ScheduleD/RevenueSubtotalAmt0967353
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TUITION DISCOUNTS 28,475.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1TUITION DISCOUNTS 28,475.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02210
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0211407
IRS990ScheduleD/TotalExpensesPerForm990Amt01677119
IRS990ScheduleD/TotalLiabilityAmt0363408
IRS990ScheduleD/TotalRevenuePerForm990Amt0995828
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0967353
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01648644
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
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0CONSULTING
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-52000
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0JEFFREY MILLARD AND ASSOCIATES
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt052000
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt017518 LORNE ST
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0NORTHRIDGE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd091325
IRS990ScheduleG/LicensedStatesCd0MD
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0PROGRAM ACTIVITY TO EDUCATE PUBLIC.
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE G, PART I, LINE 2B, COLUMN (V)
IRS990ScheduleG/TotalNetToOrganizationAmt0-52000
IRS990ScheduleG/TotalRetainedByContractorsAmt052000
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt028475
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION PAYMENT REDUCTION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt025
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FAMILIES NEED TO COMPLETE OUR FINANCIAL AID FORM WHICH ASKS FOR THEIR MONTHLY EXPENSES AND SOURCES OF INCOME, SUBMIT THEIR MOST RECENT 1099 SHOWING THEIR INCOME, AND SIT DOWN IN AN INTERVIEW WITH DR. ELIZABETH ESTABROOK, WHO IS DIRECTOR FOR PROGRAM AND PLANNING. THE INTERVIEW WILL DETERMINE AN EQUITABLE PAYMENT FOR THE FAMILY THAT IS AGREED UPON BY US AND THEM.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION
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/ExplanationTxt3ANNA BERNANKE IS A FOUNDER AND VOLUNTEER EXECUTIVE DIRECTOR. THERE ARE NO OTHER COMPENSATED SENIOR STAFF, AND THEREFORE NO COMPENSATION COMMITTEE IS NECESSARY.
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/EndOfYearAssetsAmt00
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

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,223,040
Liabilities
$402,230
Net assets
$820,810
Revenue
$995,828
Expenses
$1,677,119
Net income
-$681,291
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
2023Detailed filing. Detailed filing data is available for this year.$1.22$0.40$0.82$1.00$1.68$0.68
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
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