Civic Intelligence

Chasing Dreams Inc.

990EZ • Fiscal year 2019 • EIN 45-4793381

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 21, 2020

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

76th percentile

0.07x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

14th percentile

-25%

Higher net margin than 14% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

6th percentile

-68%

Faster asset growth than 6% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

37th percentile

-7.2%

Faster revenue growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$13,689

Down $28,472 (-68%) from 2018

Net Assets

Down

$12,774

Down $28,770 (-69%) from 2018

Liabilities

Up

$915

Up $298 (+48%) from 2018

Revenue

Down

$114,071

Down $8,847 (-7.2%) from 2018

Expenses

Up

$142,841

Up $25,858 (+22%) from 2018

Net Income

Down

-$28,770

Down $34,705 (-585%) from 2018

Historical Trend

Balance Sheet Trend

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

2019

Assets$13,689
Liabilities$915
Net Assets$12,774

Operations Trend

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

2019

Revenue$114,071
Expenses$142,841
Net Income-$28,770
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 21, 2020
Return Version
2019v5.0
Gross Receipts
$114,071
Mission and Program Overview

Mission

Provide services to individuals with down syndrome.

Program Services

DescriptionGrantsExpenses
ENHANCE THE LIVES OF INDIVIDUALS WITH DOWN SYNDROME.-$123,148
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DENISE BABJAKPresident-$0--
RANDY VALEVice Preside-$0--
TIFFANY HUGHES-CAMPOSTreasurer-$0--
SUSAN ANDERSONSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Other Special E$14,035$14,035-$14,035
Dream Ride/run$9,135$9,135-$9,135
Total Events$37,581$37,581-$37,581
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
2020-09-21
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

Golf outing supplies 5,389 gala supplies 6,172 other special events supplies 3,182 awareness walk supplies 4,950 expenses advertising 765 bank fees 1,129 office supplies 3,448 telephone 1,310 travel 486 conference/conventions 170 insurance 3,939 membership dues 1,086 program supplies 19,594 equipment rental 701 license 21 community outreach 1,724 non-investment depreciation 926 total 54,992

Form 990-ez, Part II, Line 24

9,561 9,561 less accumulated depreciation 6,346 7,272 utility deposit 900 900 total 4,115 3,189

Form 990-ez, Part II, Line 26

Payroll liabilities 617 915

Raw XML Appendix157 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/PersonNm0DENISE BABJAK
IRS990EZ/BooksInCareOfDetail/PhoneNum02192999049
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08380 LOUISIANA STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MERRILLVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046410
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt038046
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010500
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt072942
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-28770
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/FundraisingGrossIncomeAmt041129
IRS990EZ/GrossReceiptsAmt0114071
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt041544
IRS990EZ/NetAssetsOrFundBalancesEOYAmt012774
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt041544
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt012774
IRS990EZ/OccupancyRentUtltsAndMaintAmt038300
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DENISE BABJAK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RANDY VALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TIFFANY HUGHES-CAMPOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SUSAN ANDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04115
IRS990EZ/OtherAssetsTotalDetail/EOYAmt03189
IRS990EZ/OtherExpensesTotalAmt054992
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE SERVICES TO INDIVIDUALS WITH DOWN SYNDROME.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ENHANCE THE LIVES OF INDIVIDUALS WITH DOWN SYNDROME.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0123148
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt049549
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt041129
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0617
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0915
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0142841
IRS990EZ/TotalProgramServiceExpensesAmt0123148
IRS990EZ/TotalRevenueAmt0114071
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CHASINGDREAMS.ORG
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISING INCOME 230,382
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt072942
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt062142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt047822
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt044254
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt040479
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0267639
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt041129
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt060776
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt062217
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt060064
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt047325
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0271511
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.49640
IRS990ScheduleA/PublicSupportPY170Pct00.44350
IRS990ScheduleA/PublicSupportTotal170Amt0267639
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt072942
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt044254
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt040479
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0267639
IRS990ScheduleA/TotalSupportAmt0539150
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0OTHER SPECIAL E
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0DREAM RIDE/RUN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt014035
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt09135
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt014411
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt037581
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt014035
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt09135
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt014411
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt037581
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt037581
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt010
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOLF OUTING SUPPLIES 5,389 GALA SUPPLIES 6,172 OTHER SPECIAL EVENTS SUPPLIES 3,182 AWARENESS WALK SUPPLIES 4,950 EXPENSES ADVERTISING 765 BANK FEES 1,129 OFFICE SUPPLIES 3,448 TELEPHONE 1,310 TRAVEL 486 CONFERENCE/CONVENTIONS 170 INSURANCE 3,939 MEMBERSHIP DUES 1,086 PROGRAM SUPPLIES 19,594 EQUIPMENT RENTAL 701 LICENSE 21 COMMUNITY OUTREACH 1,724 NON-INVESTMENT DEPRECIATION 926 TOTAL 54,992
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19,561 9,561 LESS ACCUMULATED DEPRECIATION 6,346 7,272 UTILITY DEPOSIT 900 900 TOTAL 4,115 3,189
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL LIABILITIES 617 915
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DENISE BABJAK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-21
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
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BF16B88FB207661B73B2AE9FBC28FE152ED041AC
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02020-09-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:23:11
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/PreparationDt02020-09-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHARON A MORTENSEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-09-25T14:23:11-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings