Chasing Dreams Inc in Valparaiso, Indiana (IN)
Table of contents:
Chasing Dreams Inc | |
Employer Identification Number (EIN) | 454793381 |
Name of Organization | Chasing Dreams Inc |
Address | 104 N 350 W, Valparaiso, IN 46385-7730 |
Subsection | Charitable Organization |
Ruling Date | 11/2012 |
Deductibility | Contributions are deductible |
Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $25,000 to $99,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $30,485 |
Amount of Income | $57,761 |
Form 990 Revenue Amount | $37,484 |
National Taxonomy of Exempt Entities (NTEE) | Diseases, Disorders, Medical Disciplines: Down Syndrome |
Non-representatives - add comments:
Amount of income in 2013: $57,761 (it was $9,303 in 2012)
Chasing Dreams Inc: | $57,761 |
Other organizations performing similar types of work: | $69,419 |
Assets in 2013: $30,485 (it was $8,698 in 2012)
Chasing Dreams Inc: | $30,485 |
Other organizations performing similar types of work: | $63,429 |
Expenses in 2013: $15,697
This organization: | $15,697 |
Other organizations performing similar types of work: | $53,963 |
Income to expenses ratio in 2013: 3.7
Chasing Dreams Inc: | 3.7 |
Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2013: 101.6%
Chasing Dreams Inc: | 101.6% |
Other organizations performing similar types of work: | 89.9% |
Revenue for 2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
2012 | 2013 | |
---|---|---|
Total revenue | $9,303 | $37,484 |
Contributions, gifts, grants, and similar amounts received | $9,303 | $38,096 |
Program service revenue including government fees and contracts | $0 | $0 |
Membership dues and assessments | $0 | $0 |
Investment income | $0 | $0 |
Gain/Loss from sale of assets other than inventory | $0 | $0 |
Net income/loss from gaming and fundraising events | $0 | $-612 |
Gross income from gaming | $0 | $0 |
Gross income from fundraising events | $0 | $19,665 |
Less: direct expenses from gaming and fundraising events | $0 | $20,277 |
Gross profit/loss from sales of inventory | $0 | $0 |
Other revenue | $0 | $0 |
Total expenses | $605 | $15,697 |
Total net assets | $8,698 | $30,485 |
Excess/Deficit for the year | $8,698 | $21,787 |
Net assets or fund balances at beginning of year | $0 | $8,698 |
Other changes in net assets or fund balances | $0 | $0 |
Net assets or fund balances at end of year | $8,698 | $30,485 |
Balance Sheets | ||
2012 | 2013 | |
---|---|---|
Total assets | $8,698 | $30,485 |
Total liabilities | $0 | $0 |
Net assets or fund balances | $8,698 | $30,485 |
Other Information | ||
2012 | 2013 | |
---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | No |
Were any significant changes made to the organizing or governing documents? | No | No |
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No |
Has the organization filed a Form 990-T for the year? | No | No |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No |
Amount of political expenditures, direct or indirect | $0 | $0 |
Did the organization file Form 1120-POL for this year? | No | No |
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No |
Total amount involved | $0 | $0 |
Initiation fees and capital contributions | $0 | $0 |
Gross receipts for public use of club facilities | $0 | $0 |
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
Reason for Public Charity Status (for 2013) | |
The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
2009 - 2013 Total | |
---|---|
Public Support | $47,399 |
Subtotal Support | $47,399 |
Gifts, grants, contributions, and membership fees received | $47,399 |
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
Total Support | $67,064 |
Public Support | $47,399 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
Other income. Do not include gain or loss from the sale of capital assets | $19,665 |
Gross receipts from related activities, etc. | $0 |
Write your review! |
|
Recently Added Reviews |
Rotary International, Kendallville Rotary Club in Kendallville, IN
|
Naptown Riders Motorcycle Club in Indianapolis, IN
|
A Hoof And A Prayer Horse Rescue Inc in Haubstadt, IN |
Nulltown Wingnuts Inc in Connersville, IN |
Lennoxs Legacy Rescue Inc in Decatur, IN
|
Columbus Regional Hospital in Columbus, IN
|
Order Of The Amaranth Inc, Grand Court Of Indiana in Evansville, IN
|
Franklin Township Youth Basketball in Indianapolis, IN |
Iglesia Nueva Vida in Jasper, IN |
New Life J R Jessee Recovery House in Indianapolis, IN
|
Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | The Down Syndrome Connection Of The Bay Area | 101 Town And Country Dr Ste A, Danville, CA 94526-3968 | CA | 1998-09 | $659,846 |
2 | Ups For Downs Nfp | 1070 S Roselle Rd, Schaumburg, IL 60193-3961 | IL | 2004-07 | $217,566 |
3 | Trisomy 18 Support Inc | 4491 Cheshire Station Plaza No 157, Dale City, VA 22193-2226 | VA | 2004-01 | $177,997 |
4 | Red River Valley Down Syndrome Society | PO BOX 6455, Paris, TX 75461-6455 | TX | 2006-03 | $132,580 |
5 | Southeastern New Mexico Down Syndrome Foundation | PO BOX 4365, Roswell, NM 88202 | NM | 2008-10 | $105,601 |
6 | Down Country | 5028 County Road 304, Taylor, MO 63471-2116 | MO | 2011-12 | $105,528 |
7 | Down Syndrome Association Of Northeast Indiana Inc | PO BOX 13611, Fort Wayne, IN 46865-3611 | IN | 2000-04 | $98,600 |
8 | Angels In Disguise Inc | 2400 Envoy Circle Suite 2406, Louisville, KY 40299 | KY | 2011-05 | $84,040 |
9 | Down Syndrome Network Of Northern Nevada | 316 California Ave 436, Reno, NV 89509 | NV | 2009-01 | $72,147 |
10 | Ds Action A California Nonprofit Public Benefit Corporation | Po Box 23453, San Diego, CA 92193 | CA | 2007-07 | $66,871 |
11 | Chasing Dreams Inc | 104 N 350 W, Valparaiso, IN 46385-7730 | IN | 2012-11 | $57,761 |
12 | Down In The Southland Nfp | PO BOX 831, Tinley Park, IL 60477 | IL | 2011-07 | $51,413 |
13 | Cfsknowledgecenter Inc | 255 Evernia St No 97, West Palm Beach, FL 33401 | FL | 2009-07 | $42,848 |
14 | Driving For The Upside Of Downs Inc | 421 EAST HOEHN ST PO BOX 381, Carlinville, IL 62626 | IL | 2012-04 | $35,510 |
15 | Buddy Cruise Inc | Po Box 162, Lithia, FL 33547 | FL | 2009-04 | $34,383 |
16 | Up 4 Downs Of Southwest Louisianainc | 22 Raintree Cv, Lake Charles, LA 70605-7710 | LA | 2007-08 | $30,695 |
17 | Dads Appreciating Down Syndrome Inc | 17312 William Circle, Omaha, NE 68130 | NE | 2012-01 | $21,233 |
18 | Down Syndrome Family Connection Inc | 2600 S Henderson St Suite 157, Bloomington, IN 47401 | IN | 2009-03 | $0 |
19 | El Khart County Down Sydrome Support Group, Na Na | P O Box 1224, Goshen, IN 46527 | IN | 2009-05 | $0 |
20 | Joys Of Hope Foundation Inc | 1373 Brookside Dr, Columbus, IN 47201-9625 | IN | 2014-08 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total | 147 |
Organization representatives - add corrected or new information about Chasing Dreams Inc »
Non-representatives - add comments about Chasing Dreams Inc»