Civic Intelligence

Chasing Dreams Inc.

990EZ • Fiscal year 2022 • EIN 45-4793381

Jan 01, 2022 to Dec 31, 2022 • Filed on May 03, 2023

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

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

67th percentile

0.01x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

55th percentile

7.9%

Higher net margin than 55% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

66th percentile

13%

Faster asset growth than 66% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

35th percentile

-6.0%

Faster revenue growth than 35% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$56,673

Up $6,681 (+13%) from 2021

Net Assets

Up

$55,753

Up $6,689 (+14%) from 2021

Liabilities

Down

$920

Down $8 (-0.9%) from 2021

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin55th percentile

Revenue

Down

$84,173

Down $5,350 (-6.0%) from 2021

Expenses

Up

$77,484

Up $6,869 (+9.7%) from 2021

Net Income

Down

$6,689

Down $12,219 (-65%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth66th 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

2022

Assets$56,673
Liabilities$920
Net Assets$55,753
Open 2022 Filing

Operations Trend

Revenue Growth35th 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

2022

Revenue$84,173
Expenses$77,484
Net Income$6,689
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 3, 2023
Return Version
2022v5.0
Gross Receipts
$84,173
Mission and Program Overview

Mission

Provide services to individuals with down syndrome.

Program Services

DescriptionGrantsExpenses
ENHANCE THE LIVES OF INDIVIDUALS WITH DOWN SYNDROME.-$69,834
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DENISE BABJAKPresident-$0--
ELIZABETH STATIONVice Preside-$0--
THOMAS NEUFFERSecretary-$0--
MICHELLE STEUERTreasurer-$0--
BILL SEDORISExecutive Ad-$0--
TIFFANY HUGHESExecutive Ad-$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
2023-05-03
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 6,504 awareness walk supplies 1,146 expenses bank fees 2,053 office supplies 442 telephone 1,887 travel 84 conferences/meetings 97 insurance 875 membership dues 109 program supplies 12,714 non-investment depreciation 490 total 26,401”

Form 990-ez, Part II, Line 24

“9,561 9,561 less accumulated depreciation 8,890 9,380 utility deposit 0 0 total 671 181”

Form 990-ez, Part II, Line 26

“Payroll liabilities 928 920”

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/PhoneNum02199163653
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0104 N 350 W
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VALPARAISO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046385
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt049321
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt056492
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt069325
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt06689
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01278
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt056673
IRS990EZ/FundraisingGrossIncomeAmt014848
IRS990EZ/GrossReceiptsAmt084173
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt049064
IRS990EZ/NetAssetsOrFundBalancesEOYAmt055753
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt049064
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt055753
IRS990EZ/OccupancyRentUtltsAndMaintAmt04530
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DENISE BABJAK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ELIZABETH STATION
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2THOMAS NEUFFER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MICHELLE STEUER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BILL SEDORIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TIFFANY HUGHES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4EXECUTIVE AD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5EXECUTIVE AD
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0671
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0181
IRS990EZ/OtherExpensesTotalAmt026401
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/ProgramServiceExpensesAmt069834
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt045275
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt014848
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0928
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0920
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt077484
IRS990EZ/TotalProgramServiceExpensesAmt069834
IRS990EZ/TotalRevenueAmt084173
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CHASINGDREAMS.ORG
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISING INCOME 135,774
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt069325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt080609
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt084398
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt072942
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt062142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0369416
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt014848
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08914
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt024955
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt041129
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt060776
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0150622
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.71040
IRS990ScheduleA/PublicSupportPY170Pct00.63730
IRS990ScheduleA/PublicSupportTotal170Amt0369416
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt069325
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt080609
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt084398
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt072942
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt062142
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0369416
IRS990ScheduleA/TotalSupportAmt0520038
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 6,504 AWARENESS WALK SUPPLIES 1,146 EXPENSES BANK FEES 2,053 OFFICE SUPPLIES 442 TELEPHONE 1,887 TRAVEL 84 CONFERENCES/MEETINGS 97 INSURANCE 875 MEMBERSHIP DUES 109 PROGRAM SUPPLIES 12,714 NON-INVESTMENT DEPRECIATION 490 TOTAL 26,401
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19,561 9,561 LESS ACCUMULATED DEPRECIATION 8,890 9,380 UTILITY DEPOSIT 0 0 TOTAL 671 181
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL LIABILITIES 928 920
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/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DENISE BABJAK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-03
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/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02023-05-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHARON A MORTENSEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-05-05T16:15:25-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DENISE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BABJAK
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$56,673
Liabilities
$920
Net assets
$55,753
Revenue
$84,173
Expenses
$77,484
Net income
$6,689
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