Civic Intelligence

Chase Your Dreams Initiative Inc

EIN 85-1321865 • 501(c)3 • Severn, MD

Profile

The primary exempt purpose is to provide free access to sports and educational services for the youth and young adults.

1804 Severn Hills LaneSevern, MD 21144
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

79th percentile

27%

Higher net margin than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Revenue Growth

85th percentile

55%

Faster revenue growth than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$22,269

Up $22,269 from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$22,269

Up $22,269 from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin79th percentile

Revenue

Up

$83,951

Up $29,879 (+55%) from 2023

Expenses

Up

$61,682

Up $7,610 (+14%) from 2023

Net Income

Up

$22,269

Up $22,269 from 2023

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $22,269Liabilities 2024: $0Net Assets 2024: $22,2692024

Highlighted filing

2024

Assets$22,269
Liabilities$0
Net Assets$22,269
Open 2024 Filing

Operations Trend

Revenue Growth85th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0Revenue 2022: $66,220Expenses 2022: $66,220Net Income 2022: $02022Revenue 2023: $54,072Expenses 2023: $54,072Net Income 2023: $02023Revenue 2024: $83,951Expenses 2024: $61,682Net Income 2024: $22,2692024

Highlighted filing

2024

Revenue$83,951
Expenses$61,682
Net Income$22,269
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$22,269
Liabilities
$0
Net assets
$22,269
Revenue
$83,951
Expenses
$61,682
Net income
$22,269
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.3$0.00$22.3$84.0$61.7$22.3
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$54.1$54.1$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$66.2$66.2$0.00
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Feb 1, 2021 to Jan 31, 2022
Signed
Feb 20, 2023
Return Version
2021v4.0
Gross Receipts
$66,220
Mission and Program Overview

Mission

The primary exempt purpose is to provide free access to sports and educational services for the youth and young adults.

Program Services

DescriptionGrantsExpenses
Beneficiaries - Type Number of Youth assisted (age 24 and under) 148 Number of Individuals Age 25-54 assisted 253 Number of Elderly assisted (age 55+) 30 Number of Households Assisted - 275 Beneficiaries - Income Number of Low/Moderate Income Persons assisted (80% AMI or below) 453 Number of persons assisted who are NOT Low to Moderate Income 0 Beneficiaries - Race/Ethnicity White - Hispanic 0 White - Non-Hispanic 62 Black/African American - Hispanic 22 Black/African American - Non-Hispanic 431 Asian - Hispanic 0 Asian - Non-Hispanic 0 American Indian/Alaskan Native - Hispanic 0 American Indian/Alaskan Native - Non-Hispanic 0 Native Hawaiian/Other Pacific Islander - Hispanic 0 Native Hawaiian/Other Pacific Islander - Non-Hispanic 0 Other Multi-Racial - Hispanic 0 Other Multi-Racial - Non-Hispanic 10 Beneficiaries - Disability Number of Persons with a Disability assisted - 6 We were able to accomplish these numbers above for the fiscal in terms of the demographic who benefited from our services. We held 3 major events with our Back to School Drive, Thanksgiving Community Food Drive, and Christmas Toy & Bike Drive. We created sports programs through the spring and summer seasons to provide platforms for our youth to stay off the streets and we were able to assist 10 children for acquiring scholarships. Provided internship opportunities to 25 youth as well.$56,220$56,220
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kyle WilliamsPresidentPT$0--
Comacell BrownSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Chase Your Dreams Initiative Inc
EIN
85-1321865
Phone
4437909391
Address
1804 Severn Hills Lane, Severn, MD 21144

Signing Officer

Name
Kyle Williams
Title
Founder/President
Phone
4437909391
Signed
2023-02-20
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“This amount for other expenses includes all supplies needed for community sports and educational programs in Meade Village and Anne Arundel County. Supplies, Food, Rental Fees, Equipment, Transportation Rental Fees.”

Raw XML Appendix146 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Kyle Williams
IRS990EZ/BooksInCareOfDetail/PhoneNum04437909391
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01804 Severn Hills Lane
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Severn
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd021144
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt066220
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt00
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09270
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt066220
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt115
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kyle Williams
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Comacell Brown
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt056950
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The primary exempt purpose is to provide free access to sports and educational services for the youth and young adults.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Beneficiaries - Type Number of Youth assisted (age 24 and under) 148 Number of Individuals Age 25-54 assisted 253 Number of Elderly assisted (age 55+) 30 Number of Households Assisted - 275 Beneficiaries - Income Number of Low/Moderate Income Persons assisted (80% AMI or below) 453 Number of persons assisted who are NOT Low to Moderate Income 0 Beneficiaries - Race/Ethnicity White - Hispanic 0 White - Non-Hispanic 62 Black/African American - Hispanic 22 Black/African American - Non-Hispanic 431 Asian - Hispanic 0 Asian - Non-Hispanic 0 American Indian/Alaskan Native - Hispanic 0 American Indian/Alaskan Native - Non-Hispanic 0 Native Hawaiian/Other Pacific Islander - Hispanic 0 Native Hawaiian/Other Pacific Islander - Non-Hispanic 0 Other Multi-Racial - Hispanic 0 Other Multi-Racial - Non-Hispanic 10 Beneficiaries - Disability Number of Persons with a Disability assisted - 6 We were able to accomplish these numbers above for the fiscal in terms of the demographic who benefited from our services. We held 3 major events with our Back to School Drive, Thanksgiving Community Food Drive, and Christmas Toy & Bike Drive. We created sports programs through the spring and summer seasons to provide platforms for our youth to stay off the streets and we were able to assist 10 children for acquiring scholarships. Provided internship opportunities to 25 youth as well.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt056220
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt056220
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MD
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt066220
IRS990EZ/TotalProgramServiceExpensesAmt056220
IRS990EZ/TotalRevenueAmt066220
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.chaseyourdreamsinc.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt056220
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt056220
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal509Amt056220
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt056220
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt056220
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt056220
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt056220
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0This amount for other expenses includes all supplies needed for community sports and educational programs in Meade Village and Anne Arundel County. Supplies, Food, Rental Fees, Equipment, Transportation Rental Fees.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0Filed for an extension back in April but was unaware that our tax person never submitted our completed 990EZ form. We were informed that this was taken care of and was unaware that this had not been filed. Up until now, all of our fillings have been on time and submitted by proper deadlines. This will not happen again and we have taken full responsibility on making sure this is submitted by the deadline moving forward.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kyle Williams
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Founder/President
ReturnHeader/BusinessOfficerGrp/PhoneNum04437909391
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHASE YOUR DREAMS INITIATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0CHAS
ReturnHeader/Filer/EIN0851321865
ReturnHeader/Filer/PhoneNum04437909391
ReturnHeader/Filer/USAddress/AddressLine1Txt01804 Severn Hills Lane
ReturnHeader/Filer/USAddress/CityNm0Severn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021144
ReturnHeader/ReturnTs02023-02-20T22:27:30-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-02-01
ReturnHeader/TaxPeriodEndDt02022-01-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.