Civic Intelligence

Chasing Dreams Inc.

990EZ • Fiscal year 2020 • EIN 45-4793381

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 23, 2021

Organization ProfileWWW.CHASINGDREAMS.ORG
104 N 350 WValparaiso, IN 46385

(219) 916-3653

Siviq Scores

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

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

65th percentile

16%

Higher net margin than 65% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

82nd percentile

$13,846

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

90th percentile

127%

Faster asset growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

60th percentile

-4.1%

Faster revenue growth than 60% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$31,077

Up $17,388 (+127%) from 2019

Net Assets

Up

$30,156

Up $17,382 (+136%) from 2019

Liabilities

Up

$921

Up $6 (+0.7%) from 2019

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin65th percentile

Revenue

Down

$109,353

Down $4,718 (-4.1%) from 2019

Expenses

Down

$91,971

Down $50,870 (-36%) from 2019

Net Income

Up

$17,382

Up $46,152 (+160%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth90th 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

2020

Assets$31,077
Liabilities$921
Net Assets$30,156
Open 2020 Filing

Operations Trend

Revenue Growth60th 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

2020

Revenue$109,353
Expenses$91,971
Net Income$17,382
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 23, 2021
Return Version
2020v4.0
Gross Receipts
$109,353
Mission and Program Overview

Mission

Provide services to individuals with down syndrome.

Program Services

DescriptionGrantsExpenses
ENHANCE THE LIVES OF INDIVIDUALS WITH DOWN SYNDROME.-$82,663
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DENISE BABJAKPresident-$13,846-$13,846
RANDY VALEVice Preside-$0--
TIFFANY HUGHES-CAMPOSTreasurer-$0--
SUSAN ANDERSONSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$12,371$12,371-$12,371
Total Events$12,371$12,371-$12,371
Filing and Contact Details

Filer

Filer Name
Chasing Dreams Inc
EIN
45-4793381
Address
104 N 350 W, VALPARAISO, IN 46385

Signing Officer

Name
Denise Babjak
Title
President
Signed
2021-08-23
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 610 gala supplies 4,679 other special events supplies 829 awareness walk supplies 1,025 friends giving concert supplies 2,165 expenses advertising 534 bank fees 1,362 office supplies 4,449 insurance 3,974 membership dues 212 program supplies 3,444 community outreach 983 non-investment depreciation 908 total 25,174”

Form 990-ez, Part II, Line 24

“9,561 9,561 less accumulated depreciation 7,272 8,180 utility deposit 900 900 total 3,189 2,281”

Form 990-ez, Part II, Line 26

“Payroll liabilities 915 921”

Raw XML Appendix158 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0DENISE BABJAK
CompensationExplanation/CompensationExplanationGrp/PersonNm1RANDY VALE
CompensationExplanation/CompensationExplanationGrp/PersonNm2TIFFANY HUGHESCAMPOS
CompensationExplanation/CompensationExplanationGrp/PersonNm3SUSAN ANDERSON
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DENISE BABJAK
IRS990EZ/BooksInCareOfDetail/PhoneNum02199163653
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0104 N 350 W
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VALPARAISO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046385
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010500
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt028796
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt084398
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt017382
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt013689
IRS990EZ/Form990TotalAssetsGrp/EOYAmt031077
IRS990EZ/FundraisingGrossIncomeAmt024955
IRS990EZ/GrossReceiptsAmt0109353
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt012774
IRS990EZ/NetAssetsOrFundBalancesEOYAmt030156
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt012774
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt030156
IRS990EZ/OccupancyRentUtltsAndMaintAmt046337
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt013846
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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/BOYAmt03189
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02281
IRS990EZ/OtherExpensesTotalAmt025174
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE SERVICES TO INDIVIDUALS WITH DOWN SYNDROME.
IRS990EZ/PrintingPublicationsPostageAmt099
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ENHANCE THE LIVES OF INDIVIDUALS WITH DOWN SYNDROME.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt082663
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt020361
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt024955
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0915
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0921
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt091971
IRS990EZ/TotalProgramServiceExpensesAmt082663
IRS990EZ/TotalRevenueAmt0109353
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CHASINGDREAMS.ORG
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISING INCOME 224,186
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt084398
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt072942
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt062142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt047822
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt044254
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0311558
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt024955
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt041129
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt060776
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt062217
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt060064
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0249141
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.55570
IRS990ScheduleA/PublicSupportPY170Pct00.49640
IRS990ScheduleA/PublicSupportTotal170Amt0311558
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt084398
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt072942
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt062142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt047822
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt044254
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0311558
IRS990ScheduleA/TotalSupportAmt0560699
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
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt012371
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt012371
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt012371
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt012371
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012371
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOLF OUTING SUPPLIES 610 GALA SUPPLIES 4,679 OTHER SPECIAL EVENTS SUPPLIES 829 AWARENESS WALK SUPPLIES 1,025 FRIENDS GIVING CONCERT SUPPLIES 2,165 EXPENSES ADVERTISING 534 BANK FEES 1,362 OFFICE SUPPLIES 4,449 INSURANCE 3,974 MEMBERSHIP DUES 212 PROGRAM SUPPLIES 3,444 COMMUNITY OUTREACH 983 NON-INVESTMENT DEPRECIATION 908 TOTAL 25,174
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19,561 9,561 LESS ACCUMULATED DEPRECIATION 7,272 8,180 UTILITY DEPOSIT 900 900 TOTAL 3,189 2,281
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL LIABILITIES 915 921
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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DENISE BABJAK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHASING DREAMS INC
ReturnHeader/Filer/BusinessNameControlTxt0CHAS
ReturnHeader/Filer/EIN0454793381
ReturnHeader/Filer/USAddress/AddressLine1Txt0104 N 350 W
ReturnHeader/Filer/USAddress/CityNm0VALPARAISO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046385
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/PreparationDt02021-08-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHARON A MORTENSEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-09-15T15:58:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DENISE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BABJAK
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$31,077
Liabilities
$921
Net assets
$30,156
Revenue
$109,353
Expenses
$91,971
Net income
$17,382
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