Civic Intelligence

Hank Aaron Chasing the Dream Foundation Inc.

990 • Fiscal year 2020 • EIN 58-2161264

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 27, 2021

3466 Buffington CenterAtlanta, GA 30349

(404) 614-2388

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

62nd percentile

12%

Higher net margin than 62% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

68th percentile

16%

Faster asset growth than 68% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

9th percentile

-47%

Faster revenue growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$4,364,768

Up $614,546 (+16%) from 2019

Net Assets

Up

$4,364,768

Up $614,546 (+16%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$385,382

Down $346,147 (-47%) from 2019

Expenses

Down

$338,995

Down $734,818 (-68%) from 2019

Net Income

Up

$46,387

Up $388,671 (+114%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $3,704,100Liabilities 2010: $0Net Assets 2010: $3,704,1002010Assets 2011: $2,760,288Liabilities 2011: $0Net Assets 2011: $2,760,2882011Assets 2012: $3,039,706Liabilities 2012: $0Net Assets 2012: $3,039,7062012Assets 2013: $3,379,442Liabilities 2013: $0Net Assets 2013: $3,379,4422013Assets 2014: $3,501,309Liabilities 2014: $0Net Assets 2014: $3,501,3092014Assets 2015: $3,421,806Liabilities 2015: $0Net Assets 2015: $3,421,8062015Assets 2016: $3,291,193Liabilities 2016: $0Net Assets 2016: $3,291,1932016Assets 2017: $3,589,269Liabilities 2017: $0Net Assets 2017: $3,589,2692017Assets 2018: $3,582,197Liabilities 2018: $0Net Assets 2018: $3,582,1972018Assets 2019: $3,750,222Liabilities 2019: $0Net Assets 2019: $3,750,2222019Assets 2020: $4,364,768Liabilities 2020: $0Net Assets 2020: $4,364,7682020Assets 2021: $4,564,174Liabilities 2021: $0Net Assets 2021: $4,564,1742021Assets 2022: $4,124,365Liabilities 2022: $0Net Assets 2022: $4,124,3652022Assets 2023: $4,894,208Liabilities 2023: $0Net Assets 2023: $4,894,2082023Assets 2024: $4,070,555Liabilities 2024: $0Net Assets 2024: $4,070,5552024

Highlighted filing

2020

Assets$4,364,768
Liabilities$0
Net Assets$4,364,768

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $931,5102010Revenue 2011: $119,566Expenses 2011: $814,493Net Income 2011: -$694,9272011Expenses 2012: $341,0912012Revenue 2013: $451,505Expenses 2013: $558,258Net Income 2013: -$106,7532013Revenue 2014: $404,849Expenses 2014: $476,648Net Income 2014: -$71,7992014Revenue 2015: $169,879Expenses 2015: $251,134Net Income 2015: -$81,2552015Revenue 2016: $314,070Expenses 2016: $574,929Net Income 2016: -$260,8592016Revenue 2017: $3,035,177Expenses 2017: $3,427,195Net Income 2017: -$392,0182017Revenue 2018: $496,943Expenses 2018: $300,002Net Income 2018: $196,9412018Revenue 2019: $731,529Expenses 2019: $1,073,813Net Income 2019: -$342,2842019Revenue 2020: $385,382Expenses 2020: $338,995Net Income 2020: $46,3872020Revenue 2021: $929,489Expenses 2021: $1,233,117Net Income 2021: -$303,6282021Revenue 2022: $72,000Expenses 2022: $40,758Net Income 2022: $31,2422022Revenue 2023: $1,131,412Expenses 2023: $691,677Net Income 2023: $439,7352023Revenue 2024: $622,418Expenses 2024: $1,773,618Net Income 2024: -$1,151,2002024

Highlighted filing

2020

Revenue$385,382
Expenses$338,995
Net Income$46,387
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 27, 2021
Return Version
2020v4.1
Gross Receipts
$385,382
Mission and Program Overview

Mission

To promote youth development by providing funding to programs that support the achievements of youth with limited opportunities and to enable them to develop their talents and pursue their dreams.

Provide financial assistance to underprivileged children

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$2,963,021$3,490,968▲ $527,947
Savings and Temporary Cash Investments$303,616$507,365▲ $203,749
Cash and Non-Interest-Bearing Accounts$483,585$366,435▼ $117,150
Total Assets$3,750,222$4,364,768▲ $614,546
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,963,021$3,490,968▲ $527,947
Net Assets Without Donor Restrictions$787,201$873,800▲ $86,599
Total Net Assets Fund Balance$3,750,222$4,364,768▲ $614,546
Total Liabilities and Net Assets / Fund Balance$3,750,222$4,364,768▲ $614,546

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$3,490,968--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Henry AaronChairman of the Board
Billye AaronPresident
Cecelia GoreDirector
Dr Plas T JamesDirector
Evern Cooper EppsDirector
Frank BelattiDirector
John BrodyDirector
John W Daniels JrDirector
Kenneth I TuchmanDirector
Lonnie G JohnsonDirector
Mike TollinDirector
Roxanne SpillettDirector
William H HenneberryDirector
Allan J TanenbaumSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$374,912
Program Service Revenue
$0
Investment Income
$10,470
Other Revenue
$0
All Other Contributions
$374,912
Change in Net Assets
$46,387
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$316,500
Other Expenses$22,495
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$316,500--$316,500
Fees for Services Other-$10,000-$10,000
Other Expenses$2,495--$2,495
Total Functional Expenses$328,995$10,000$0$338,995
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bethune Cookman UniversityDaytona Beach, FL501(c)(3)Financial Assistance$208,000
Fisk UniversityNashville, TN501(c)(3)Financial Assistance$104,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Henry and billye aaron are married. Allan tanenbaum is the attorney for both the organization and the aaron family.

Form 990, Part VI, Section B, Line 11B

A copy of form 990 is provided and reviewed by a committee or representative from the board before filing.

Form 990, Part VI, Section B, Line 15

The board conducts review of the president/ceo and decides compensation. The board also approves compensation for other officers or key employees. Currently, no officers are compensated.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Hank Aaron Chasing the Dream
EIN
58-2161264
Phone
4046142388
Address
3466 BUFFINGTON CENTER, ATLANTA, GA 30349

Signing Officer

Name
Allan J Tanenbaum
Title
Treasurer
Phone
4044421534
Signed
2021-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hank Aaron
Formed
1995
Legal Domicile
Ga
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
15

Preparer

Firm
Carr Riggs & Ingram LLC
Address
4004 SUMMIT BLVD NE SUITE 800, ATLANTA, GA 30319
Preparer
Twiggs Kelley
Phone
7703948000
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03663
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt077748
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78850
IRS990ScheduleA/PublicSupportPY170Pct00.82690
IRS990ScheduleA/PublicSupportTotal170Amt03913491
IRS990ScheduleA/SubstantialContributorsTotAmt0971862
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0374912
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0712859
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0476209
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03010966
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0310407
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04885353
IRS990ScheduleA/TotalSupportAmt04963101
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt03490968
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENTS HELD BY THE BOYS AND GIRLS CLUBS OF AMERICA
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
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IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0104000
IRS990ScheduleI/RecipientTable/CashGrantAmt1208000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FISK UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1BETHUNE COOKMAN UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0620202000
IRS990ScheduleI/RecipientTable/RecipientEIN1592344490
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01000 17TH AVENUE N
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IRS990ScheduleI/RecipientTable/USAddress/CityNm0NASHVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1DAYTONA BEACH
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1FL
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd132114
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HENRY AND BILLYE AARON ARE MARRIED. ALLAN TANENBAUM IS THE ATTORNEY FOR BOTH THE ORGANIZATION AND THE AARON FAMILY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 IS PROVIDED AND REVIEWED BY A COMMITTEE OR REPRESENTATIVE FROM THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD CONDUCTS REVIEW OF THE PRESIDENT/CEO AND DECIDES COMPENSATION. THE BOARD ALSO APPROVES COMPENSATION FOR OTHER OFFICERS OR KEY EMPLOYEES. CURRENTLY, NO OFFICERS ARE COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt04364768
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IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03750222
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04364768
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0328995
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt010470
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0385382
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03750222
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04364768
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03466 BUFFINGTON CENTER
IRS990/USAddress/CityNm0ATLANTA
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030349
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0CHASINGTHEDREAMFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ALLAN J TANENBAUM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04044421534
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HANK AARON CHASING THE DREAM
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0HANK
ReturnHeader/Filer/EIN0582161264
ReturnHeader/Filer/PhoneNum04046142388
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ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030349
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721396621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARR RIGGS & INGRAM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04004 SUMMIT BLVD NE SUITE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.07$0.00$4.07$0.62$1.77$1.15
2023Detailed filing. Detailed filing data is available for this year.$4.89$0.00$4.89$1.13$0.69$0.44
2022Detailed filing. Detailed filing data is available for this year.$4.12$0.00$4.12$0.07$0.04$0.03
2021Detailed filing. Detailed filing data is available for this year.$4.56$0.00$4.56$0.93$1.23$0.30
2020Detailed filing. Detailed filing data is available for this year.$4.36$0.00$4.36$0.39$0.34$0.05
2019Detailed filing. Detailed filing data is available for this year.$3.75$0.00$3.75$0.73$1.07$0.34
2018Detailed filing. Detailed filing data is available for this year.$3.58$0.00$3.58$0.50$0.30$0.20
2017Detailed filing. Detailed filing data is available for this year.$3.59$0.00$3.59$3.04$3.43$0.39
2016Detailed filing. Detailed filing data is available for this year.$3.29$0.00$3.29$0.31$0.57$0.26
2015Detailed filing. Detailed filing data is available for this year.$3.42$0.00$3.42$0.17$0.25$0.08
2014Detailed filing. Detailed filing data is available for this year.$3.50$0.00$3.50$0.40$0.48$0.07
2013Detailed filing. Detailed filing data is available for this year.$3.38$0.00$3.38$0.45$0.56$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.04$0.00$3.04$0.34
2011Summary only. Only limited summary data is available for this year.$2.76$0.00$2.76$0.12$0.81$0.69
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.70$0.00$3.70$0.93