Jacobs Chance Inc
- Assets
- $169.8k
- Revenue
- $258.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Richmond, VA
- Founding
- 11/2013
- Data as of
- 12/2022
- EIN
- 46-2106307
Organization Overview
Jacobs Chance Inc is located in Richmond, VA. The organization was established in 2013. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Jacobs Chance Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jacobs Chance Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Jacobs Chance Inc generated $258.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.1% each year . All expenses for the organization totaled $207.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE INCLUSIVE RECREATION, ATHLETICS, SOCIALIZATION, AND SKILLS TRAINING FOR CHILDREN, TEENS, AND YOUNG ADULTS WITH DEVELOPMENTAL, INTELLECTUAL, AND/OR PHYSICAL DISABILITIES AND THE MEDICALLY FRAGILE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE 5 FULL SEASONS OF ADAPTED SPORTS, SURFING CAMP, AND INCLUSIVE HEALTH AND FITNESS PROGRAMS FOR CHILDREN, TEENS, AND YOUNG ADULTS WITH DISABILITIES
PROVIDE FOR FOUR WEEKS OF INCLUSIVE SUMMER CAMP AND A VARIETY OF SPECIAL EVENTS AND OUTDOOR ADVENTURES FOR THOSE WITH DEVELOPMENTAL, INTELLECTUAL, AND /OR PHYSICAL DISABILITIES
PROVIDE DAY ENRICHMENT PROGRAMMING FOR YOUNG ADULTS WITH DISABILITIES IN A VARIETY OF AREAS SUCH AS STEM, ART, DANCE, MUSIC, LIFE SKILLS AND CULINARY ARTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine P Mardigian Executive Director | Officer | 40 | $60,272 |
Brooke C Hsieh Program Director | Officer | 40 | $47,225 |
Alison M Owens Office Manager | 30 | $21,847 | |
George Williams Board Chair | Trustee | 5 | $0 |
Lyn Dodge Vice Chair | Trustee | 5 | $0 |
Joe Lovell Treasurer | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $5,727 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $36,841 |
| All other contributions, gifts, grants, and similar amounts not included above | $122,325 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,893 |
| Total Program Service Revenue | $52,021 |
| Investment income | $79 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $41,036 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $258,029 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,272 |
| Compensation of current officers, directors, key employees. | $15,068 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,925 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,965 |
| Payroll taxes | $9,895 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,262 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,563 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,400 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,203 |
| All other expenses | $0 |
| Total functional expenses | $207,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,447 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $26,600 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $793 |
| Total assets | $169,840 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,809 |
| Total liabilities | $11,809 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $158,031 |
| Total liabilities and net assets/fund balances | $169,840 |