Civic Intelligence

Chasing Dreams Inc.

990EZ • Fiscal year 2016 • EIN 45-4793381

Jan 01, 2016 to Dec 31, 2016 • Filed on May 10, 2017

Organization ProfileWWW.CHASINGDREAMS.ORG
8380 LouisianaMerrillville, IN 46410

(219) 299-9049

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

76th percentile

19%

Higher net margin than 76% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

84th percentile

49%

Faster asset growth than 84% of similar nonprofits.

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

Revenue Growth

84th percentile

43%

Faster revenue growth than 84% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$50,211

Up $16,401 (+49%) from 2015

Net Assets

Up

$50,211

Up $16,401 (+49%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin76th percentile

Revenue

Up

$84,865

Up $25,456 (+43%) from 2015

Expenses

Up

$68,465

Up $22,028 (+47%) from 2015

Net Income

Up

$16,400

Up $3,428 (+26%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

$300K$200K$100K$0Assets 2012: $8,698Liabilities 2012: $02012Assets 2013: $30,485Net Assets 2013: $30,4852013Assets 2014: $20,838Net Assets 2014: $20,8382014Assets 2015: $33,810Net Assets 2015: $33,8102015Assets 2016: $50,211Net Assets 2016: $50,2112016Assets 2017: $36,153Liabilities 2017: $544Net Assets 2017: $35,6092017Assets 2018: $42,161Liabilities 2018: $617Net Assets 2018: $41,5442018Assets 2019: $13,689Liabilities 2019: $915Net Assets 2019: $12,7742019Assets 2020: $31,077Liabilities 2020: $921Net Assets 2020: $30,1562020Assets 2021: $49,992Liabilities 2021: $928Net Assets 2021: $49,0642021Assets 2022: $56,673Liabilities 2022: $920Net Assets 2022: $55,7532022Assets 2023: $262,197Liabilities 2023: $197,152Net Assets 2023: $65,0452023Assets 2024: $255,528Liabilities 2024: $185,899Net Assets 2024: $69,6292024

Highlighted filing

2016

Assets$50,211
Liabilities-
Net Assets$50,211
Open 2016 Filing

Operations Trend

Revenue Growth84th percentile

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

$150K$100K$50K$0-$50KRevenue 2012: $9,303Expenses 2012: $605Net Income 2012: $8,6982012Revenue 2013: $37,484Expenses 2013: $15,697Net Income 2013: $21,7872013Revenue 2014: $34,699Expenses 2014: $44,346Net Income 2014: -$9,6472014Revenue 2015: $59,409Expenses 2015: $46,437Net Income 2015: $12,9722015Revenue 2016: $84,865Expenses 2016: $68,465Net Income 2016: $16,4002016Revenue 2017: $110,039Expenses 2017: $124,642Net Income 2017: -$14,6032017Revenue 2018: $122,918Expenses 2018: $116,983Net Income 2018: $5,9352018Revenue 2019: $114,071Expenses 2019: $142,841Net Income 2019: -$28,7702019Revenue 2020: $109,353Expenses 2020: $91,971Net Income 2020: $17,3822020Revenue 2021: $89,523Expenses 2021: $70,615Net Income 2021: $18,9082021Revenue 2022: $84,173Expenses 2022: $77,484Net Income 2022: $6,6892022Revenue 2023: $97,512Expenses 2023: $88,206Net Income 2023: $9,3062023Revenue 2024: $100,505Expenses 2024: $95,921Net Income 2024: $4,5842024

Highlighted filing

2016

Revenue$84,865
Expenses$68,465
Net Income$16,400
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 10, 2017
Return Version
2016v3.0
Gross Receipts
$104,318
Mission and Program Overview

Mission

Provide services to individuals with down syndrome.

Program Services

DescriptionGrantsExpenses
ENHANCE THE LIVES OF INDIVIDUALS WITH DOWN SYNDROME.-$68,465
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
DENISE BABJAKPresident-$0--
RANDY VALEVice Preside-$0--
TIFFANY HUGHESSecretary-$0--
TOM FELTER JRTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Other Special E$31,774$31,774$11,797$19,977
Golf Outing$14,290$14,290$7,190$7,100
Total Events$60,064$60,064$19,453$40,611
Filing and Contact Details

Filer

Filer Name
Chasing Dreams Inc
EIN
45-4793381
Address
8380 LOUISIANA, MERRILLVILLE, IN 46410

Signing Officer

Name
Denise Babjak
Title
President
Signed
2017-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Mortensen CPA Group
Address
2056 S STATE ROAD 2, VALPARAISO, IN 46385-9061
Preparer
Sharon a Mortensen
Phone
2194651100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 1,661 bank fees 578 equipment rental 152 office supplies 2,420 books/subscriptions/reference 55 telephone 1,862 travel 20 conference/conventions 225 insurance 3,366 licenses & permits 7 membership dues 99 program supplies 23,923 non-investment depreciation 1,166 total 35,534”

Form 990-ez, Part II, Line 24

“6,879 9,561 less accumulated depreciation 2,798 3,964 utility deposit 0 900 total 4,081 6,497”

Raw XML Appendix152 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0TOM FELTER JR
IRS990EZ/BooksInCareOfDetail/PhoneNum02192999049
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08380 LOUISIANA STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MERRILLVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046410
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt029730
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt043714
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt044254
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt016400
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/FundraisingGrossIncomeAmt060064
IRS990EZ/GrossReceiptsAmt0104318
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt033811
IRS990EZ/NetAssetsOrFundBalancesEOYAmt050211
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt033811
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt050211
IRS990EZ/OccupancyRentUtltsAndMaintAmt031862
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DENISE BABJAK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RANDY VALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TIFFANY HUGHES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TOM FELTER JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04081
IRS990EZ/OtherAssetsTotalDetail/EOYAmt06497
IRS990EZ/OtherExpensesTotalAmt035534
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE SERVICES TO INDIVIDUALS WITH DOWN SYNDROME.
IRS990EZ/PrintingPublicationsPostageAmt01069
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ENHANCE THE LIVES OF INDIVIDUALS WITH DOWN SYNDROME.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt068465
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt019453
IRS990EZ/SpecialEventsNetIncomeLossAmt040611
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt068465
IRS990EZ/TotalProgramServiceExpensesAmt068465
IRS990EZ/TotalRevenueAmt084865
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CHASINGDREAMS.ORG
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 102,720
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt044254
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt040479
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt017393
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt038096
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt09303
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0149525
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt060064
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt047325
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt035730
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt019665
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0162784
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.47880
IRS990ScheduleA/PublicSupportTotal170Amt0149525
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt044254
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt040479
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt017393
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt038096
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt09303
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0149525
IRS990ScheduleA/TotalSupportAmt0312309
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019453
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0OTHER SPECIAL E
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt031774
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt014290
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt014000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt060064
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031774
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt014290
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt014000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt060064
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt040611
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0466
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019453
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011797
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt07190
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,661 BANK FEES 578 EQUIPMENT RENTAL 152 OFFICE SUPPLIES 2,420 BOOKS/SUBSCRIPTIONS/REFERENCE 55 TELEPHONE 1,862 TRAVEL 20 CONFERENCE/CONVENTIONS 225 INSURANCE 3,366 LICENSES & PERMITS 7 MEMBERSHIP DUES 99 PROGRAM SUPPLIES 23,923 NON-INVESTMENT DEPRECIATION 1,166 TOTAL 35,534
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16,879 9,561 LESS ACCUMULATED DEPRECIATION 2,798 3,964 UTILITY DEPOSIT 0 900 TOTAL 4,081 6,497
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DENISE BABJAK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHASING DREAMS INC
ReturnHeader/Filer/BusinessNameControlTxt0CHAS
ReturnHeader/Filer/EIN0454793381
ReturnHeader/Filer/USAddress/AddressLine1Txt08380 LOUISIANA
ReturnHeader/Filer/USAddress/CityNm0MERRILLVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046410
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03B1D31E76CD1C70699A781690D44F456F7344810
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0978C6868E1FFD65FA1F0E03D65B6902AE2D87CAB
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351785900
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MORTENSEN CPA GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02056 S STATE ROAD 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VALPARAISO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0463859061
ReturnHeader/PreparerPersonGrp/PhoneNum02194651100
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHARON A MORTENSEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-05-10T16:35:31-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$50,211
Liabilities
-
Net assets
$50,211
Revenue
$84,865
Expenses
$68,465
Net income
$16,400
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.56$1.86$0.70$1.01$0.96$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.62$1.97$0.65$0.98$0.88$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.57$0.01$0.56$0.84$0.77$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.50$0.01$0.49$0.90$0.71$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.31$0.01$0.30$1.09$0.92$0.17
2019Detailed filing. Detailed filing data is available for this year.$0.14$0.01$0.13$1.14$1.43$0.29
2018Detailed filing. Detailed filing data is available for this year.$0.42$0.01$0.42$1.23$1.17$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.36$0.01$0.36$1.10$1.25$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.50$0.50$0.85$0.68$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.34$0.34$0.59$0.46$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.21$0.21$0.35$0.44$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.30$0.30$0.37$0.16$0.22
2012Summary only. Only limited summary data is available for this year.$0.09$0.00$0.09$0.01$0.09