Civic Intelligence

Chasing Dreams Inc.

990EZ • Fiscal year 2021 • EIN 45-4793381

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 16, 2022

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

0.02x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

64th percentile

0.01x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

66th percentile

21%

Higher net margin than 66% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

89th percentile

$34,615

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 38.7% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

83rd percentile

61%

Faster asset growth than 83% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

32nd percentile

-18%

Faster revenue growth than 32% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$49,992

Up $18,915 (+61%) from 2020

Net Assets

Up

$49,064

Up $18,908 (+63%) from 2020

Liabilities

Up

$928

Up $7 (+0.8%) from 2020

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin66th percentile

Revenue

Down

$89,523

Down $19,830 (-18%) from 2020

Expenses

Down

$70,615

Down $21,356 (-23%) from 2020

Net Income

Up

$18,908

Up $1,526 (+8.8%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth83rd 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

2021

Assets$49,992
Liabilities$928
Net Assets$49,064
Open 2021 Filing

Operations Trend

Revenue Growth32nd 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

2021

Revenue$89,523
Expenses$70,615
Net Income$18,908
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 16, 2022
Return Version
2021v4.0
Gross Receipts
$89,523
Mission and Program Overview

Mission

Provide services to individuals with down syndrome.

Program Services

DescriptionGrantsExpenses
ENHANCE THE LIVES OF INDIVIDUALS WITH DOWN SYNDROME.-$66,686
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DENISE BABJAKPresident-$34,615-$34,615
ELIZABETH STATIONVice Preside-$0--
THOMAS NEUFFERTreasurer-$0--
MICHELLE STEUERSecretary-$0--
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
2022-06-16
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 1,952 awareness walk supplies 1,977 expenses advertising 45 bank fees 1,833 office supplies 2,196 equipment rent 188 telephone 1,653 insurance 1,290 licenses & permits 41 membership dues 124 program supplies 11,045 non-investment depreciation 710 total 23,054”

Form 990-ez, Part II, Line 24

“9,561 9,561 less accumulated depreciation 8,180 8,890 utility deposit 900 0 total 2,281 671”

Form 990-ez, Part II, Line 26

“Payroll liabilities 921 928”

Raw XML Appendix149 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/PhoneNum02199163653
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0104 N 350 W
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VALPARAISO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046385
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt028796
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt049321
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt080609
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt018908
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01098
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt031077
IRS990EZ/Form990TotalAssetsGrp/EOYAmt049992
IRS990EZ/FundraisingGrossIncomeAmt08914
IRS990EZ/GrossReceiptsAmt089523
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt030156
IRS990EZ/NetAssetsOrFundBalancesEOYAmt049064
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt030156
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt049064
IRS990EZ/OccupancyRentUtltsAndMaintAmt06958
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt034615
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DENISE BABJAK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ELIZABETH STATION
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2THOMAS NEUFFER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MICHELLE STEUER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02281
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0671
IRS990EZ/OtherExpensesTotalAmt023054
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE SERVICES TO INDIVIDUALS WITH DOWN SYNDROME.
IRS990EZ/PrintingPublicationsPostageAmt035
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ENHANCE THE LIVES OF INDIVIDUALS WITH DOWN SYNDROME.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt066686
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt039470
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt08914
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0921
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0928
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt070615
IRS990EZ/TotalProgramServiceExpensesAmt066686
IRS990EZ/TotalRevenueAmt089523
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CHASINGDREAMS.ORG
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISING INCOME 189,077
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt080609
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt084398
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt072942
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt062142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt047822
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0347913
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt08914
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt024955
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt041129
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt060776
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt062217
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0197991
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.63730
IRS990ScheduleA/PublicSupportPY170Pct00.55570
IRS990ScheduleA/PublicSupportTotal170Amt0347913
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt080609
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt084398
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt072942
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt062142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt047822
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0347913
IRS990ScheduleA/TotalSupportAmt0545904
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOLF OUTING SUPPLIES 1,952 AWARENESS WALK SUPPLIES 1,977 EXPENSES ADVERTISING 45 BANK FEES 1,833 OFFICE SUPPLIES 2,196 EQUIPMENT RENT 188 TELEPHONE 1,653 INSURANCE 1,290 LICENSES & PERMITS 41 MEMBERSHIP DUES 124 PROGRAM SUPPLIES 11,045 NON-INVESTMENT DEPRECIATION 710 TOTAL 23,054
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19,561 9,561 LESS ACCUMULATED DEPRECIATION 8,180 8,890 UTILITY DEPOSIT 900 0 TOTAL 2,281 671
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL LIABILITIES 921 928
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/SignatureDt02022-06-16
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/PreparationDt02022-06-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHARON A MORTENSEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-07-20T09:24:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DENISE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BABJAK
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$49,992
Liabilities
$928
Net assets
$49,064
Revenue
$89,523
Expenses
$70,615
Net income
$18,908
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