Civic Intelligence

Taras Chance

990 • Fiscal year 2019 • EIN 46-0941505

Nov 01, 2018 to Oct 31, 2019 • Filed on Sep 15, 2020

219 E Claire AveFullerton, CA 92835

(714) 681-2973

Siviq Scores

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

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

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

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

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

Net Margin

75th percentile

20%

Higher net margin than 75% of similar nonprofits.

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

Top Officer Pay

85th percentile

$23,500

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

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

Asset Growth

82nd percentile

42%

Faster asset growth than 82% of similar nonprofits.

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

Revenue Growth

87th percentile

54%

Faster revenue growth than 87% of similar nonprofits.

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

Assets

Up

$162,239

Up $48,374 (+42%) from 2018

Net Assets

Up

$157,031

Up $44,071 (+39%) from 2018

Liabilities

Up

$5,208

Up $4,303 (+475%) from 2018

Revenue

Up

$223,877

Up $78,257 (+54%) from 2018

Expenses

Up

$179,806

Up $33,745 (+23%) from 2018

Net Income

Up

$44,071

Up $44,512 (+10093%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2013: $18,747Liabilities 2013: $02013Assets 2014: $31,534Liabilities 2014: $02014Assets 2015: $45,149Liabilities 2015: $02015Assets 2016: $81,865Liabilities 2016: $2,574Net Assets 2016: $79,2912016Assets 2017: $118,197Liabilities 2017: $4,7962017Assets 2018: $113,865Liabilities 2018: $905Net Assets 2018: $112,9602018Assets 2019: $162,239Liabilities 2019: $5,208Net Assets 2019: $157,0312019Assets 2020: $179,206Liabilities 2020: $9,860Net Assets 2020: $169,3462020Assets 2021: $273,094Liabilities 2021: $12,471Net Assets 2021: $260,6232021Assets 2022: $272,307Liabilities 2022: $12,778Net Assets 2022: $259,5292022Assets 2023: $483,001Liabilities 2023: $25,712Net Assets 2023: $457,2892023Assets 2024: $860,280Liabilities 2024: $20,574Net Assets 2024: $839,7062024

Highlighted filing

2019

Assets$162,239
Liabilities$5,208
Net Assets$157,031

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $29,182Expenses 2013: $10,435Net Income 2013: $18,7472013Revenue 2014: $39,232Expenses 2014: $24,840Net Income 2014: $14,3922014Revenue 2015: $92,129Expenses 2015: $76,166Net Income 2015: $15,9632015Revenue 2016: $135,920Expenses 2016: $99,495Net Income 2016: $36,4252016Revenue 2017: $153,533Expenses 2017: $119,423Net Income 2017: $34,1102017Revenue 2018: $145,620Expenses 2018: $146,061Net Income 2018: -$4412018Revenue 2019: $223,877Expenses 2019: $179,806Net Income 2019: $44,0712019Revenue 2020: $208,831Expenses 2020: $196,516Net Income 2020: $12,3152020Revenue 2021: $362,149Expenses 2021: $270,872Net Income 2021: $91,2772021Revenue 2022: $425,622Expenses 2022: $426,716Net Income 2022: -$1,0942022Revenue 2023: $781,519Expenses 2023: $583,759Net Income 2023: $197,7602023Revenue 2024: $1,156,067Expenses 2024: $764,231Net Income 2024: $391,8362024

Highlighted filing

2019

Revenue$223,877
Expenses$179,806
Net Income$44,071
Jump To
Filing Snapshot
Filing Period
Nov 1, 2018 to Oct 31, 2019
Signed
Sep 15, 2020
Return Version
2018v3.1
Gross Receipts
$256,488
Mission and Program Overview

Mission

Tara's chance is dedicated to promoting the physical, cognitive, and social well-being of at risk youth and/or those with special needs through a special partnership with horses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$99,911$147,424▲ $47,513
Land, Buildings, and Equipment, Net$12,219$10,530▼ $1,689
Accounts Receivable$1,735$4,285▲ $2,550
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$113,865$162,239▲ $48,374
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$38$4,483▲ $4,445
Other Liabilities$867$725▼ $142
Total Liabilities$905$5,208▲ $4,303
Net Assets / Fund Balance
Unrestricted Net Assets$112,960$157,031▲ $44,071
Total Net Assets Fund Balance$112,960$157,031▲ $44,071
Total Liabilities and Net Assets / Fund Balance$113,865$162,239▲ $48,374

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$8,609$1,728$10,337
Equipment$1,921$3,079$5,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Amy AdamsExecutive DirectorFT$23,500$23,500

Board Members and Trustees

NameTitle
Francine L FloresPresident
Deborah D HuffBoard Member
Jeff K BuchananBoard Member
Larry HouserBoard Member
Louise HernandezBoard Member
Kelleen R WebsterSecretary/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$89,105
Program Service Revenue
$39,955
Investment Income
$0
Other Revenue
$94,817
All Other Contributions
$89,105
Change in Net Assets
$44,071
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$89,972
Other Expenses$89,834
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$61,116--$61,116
Current Officers, Directors, Trustees, and Key Employees$23,500--$23,500
All Other Expenses$8,045$627-$8,672
Other Expenses$6,064--$6,064
Insurance$5,699--$5,699
Payroll Taxes$5,319--$5,319
Office Expenses$3,229--$3,229
Advertising$2,049--$2,049
Depreciation Depletion$1,689--$1,689
Payment Travel Entrtnmnt Publicly Ofcl$1,040--$1,040
Fees for Services Accounting$700--$700
Other Employee Benefits$37--$37
Total Functional Expenses$179,179$627$0$179,806
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$127,363
Fundraising Direct Expenses$32,611
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Bbq, Fireworks, & Golf Tournament$127,363$127,363$32,611$94,752
Total Events$127,363$127,363$32,611$94,752
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$725
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Taras Chance
EIN
46-0941505
Phone
7146812973
Address
219 E Claire Ave, Fullerton, CA 92835

Signing Officer

Name
Amy Adams
Title
Executive Director
Signed
2020-09-15
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
6
Independent Board Members
6
Employees
1

Preparer

Firm
Bates Coughtry Reiss Llp Cpas
Address
2601 SATURN ST STE 210, BREA, CA 92821-6702
Preparer
Jeffrey P Reiss CPA
Phone
7148712422
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IRS990ScheduleA/PublicSupportPY170Pct00.99780
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AMY ADAMS

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