Chances For Children
Chances For Children maintains strong assets and zero officer compensation, demonstrating robust financial health.
EIN: 205835605 · Scottsdale, AZ · NTEE: Q12 · Updated: 2026-03-28
Is Chances For Children Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chances For Children directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chances For Children
Chances For Children (EIN: 205835605) is a nonprofit organization based in Scottsdale, AZ, classified under NTEE code Q12. The organization reported total revenue of $2.2M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chances For Children's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chances For Children is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-126,180 |
| Total Assets | $2.0M |
| Net Assets | $2.0M |
| Operating Margin | -7.3% |
| Months of Reserves | 13.3 months |
Financial Health Grade: B
In 2023, Chances For Children reported a deficit of $126K with expenses exceeding revenue, holds 13.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Chances For Children's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.9% | -8.3% | -3.0% |
| 2022 | -6.3% | +19.3% | +5.2% |
| 2021 | +95.8% | +43.9% | +5.5% |
| 2020 | -27.6% | -15.8% | -0.8% |
| 2019 | -23.9% | -26.5% | +7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chances For Children with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Chances For Children allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $126K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with annual revenues exceeding $1.7 million and suggests a volunteer-led executive team, which significantly enhances the proportion of funds available for programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Chances For Children:
- Consistent 0% officer compensation, maximizing program funding.
- Strong and stable asset base, consistently above $1.9 million in recent years.
- Minimal to zero liabilities reported across most filings, indicating excellent financial health.
- Robust revenue streams, averaging over $1.7 million annually in recent periods.
- Extensive filing history (13 filings) demonstrating consistent transparency.
Frequently Asked Questions about Chances For Children
Is Chances For Children a legitimate charity?
Based on AI analysis of IRS 990 filings, Chances For Children (EIN: 205835605) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Chances For Children spend its money?
Chances For Children directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Chances For Children tax-deductible?
Chances For Children is registered as a tax-exempt nonprofit (EIN: 205835605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Chances For Children a good charity?
Based on the available IRS 990 data, Chances For Children appears to be a very good charity. It demonstrates strong financial health with consistent assets, minimal liabilities, and a remarkable 0% officer compensation, suggesting a high dedication of resources to its mission.
How does Chances For Children manage its finances?
The organization manages its finances very conservatively and efficiently. It consistently maintains a strong asset base (e.g., $2,035,323 in 2023) and reports zero liabilities in most recent filings, indicating excellent financial stability and responsible stewardship of funds.
What is the trend in Chances For Children's revenue?
Chances For Children's revenue has fluctuated but generally remained strong, averaging over $1.7 million in recent years. While there was a dip in 2020 ($1,126,299), revenue rebounded to $2,204,866 in 2021 and remained robust at $2,065,982 in 2022, before a slight decrease to $1,716,864 in 2023.
How transparent is Chances For Children?
Chances For Children exhibits high transparency, with 13 IRS 990 filings publicly available. The consistent reporting of 0% officer compensation is a significant indicator of transparency regarding how funds are allocated and managed at the executive level.
Filing History
IRS 990 filing history for Chances For Children showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chances For Children's revenue has grown by 239.3%, moving from $506K to $1.7M. Total assets increased by 355% over the same period, from $447K to $2.0M. Total functional expenses rose by 324.5%, from $434K to $1.8M. In its most recent filing year (2023), Chances For Children reported a deficit of $126K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.8M | $2.0M | $0 | — | — |
| 2022 | $2.1M | $2.0M | $2.1M | $0 | — | View 990 |
| 2021 | $2.2M | $1.7M | $2.0M | $0 | — | View 990 |
| 2020 | $1.1M | $1.2M | $1.9M | $0 | — | — |
| 2019 | $1.6M | $1.4M | $1.9M | $0 | — | View 990 |
| 2018 | $2.0M | $1.9M | $1.8M | $0 | — | View 990 |
| 2017 | $2.0M | $2.0M | $1.6M | $392 | — | View 990 |
| 2016 | $1.9M | $1.7M | $1.6M | $0 | — | View 990 |
| 2015 | $1.5M | $1.1M | $1.4M | $0 | — | View 990 |
| 2014 | $868K | $977K | $959K | $0 | — | View 990 |
| 2013 | $1.2M | $821K | $1.1M | $0 | — | View 990 |
| 2012 | $896K | $684K | $653K | $0 | — | View 990 |
| 2011 | $506K | $434K | $447K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.8M, and assets of $2.0M (revenue -16.9% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.0M, and assets of $2.1M (revenue -6.3% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.7M, and assets of $2.0M (revenue +95.8% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.2M, and assets of $1.9M (revenue -27.6% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.4M, and assets of $1.9M (revenue -23.9% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.9M, and assets of $1.8M (revenue +2.1% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.0M, and assets of $1.6M (revenue +5.8% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.7M, and assets of $1.6M (revenue +22.3% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.1M, and assets of $1.4M (revenue +78.3% year-over-year).
- 2014: Revenue of $868K, expenses of $977K, and assets of $959K (revenue -29.8% year-over-year).
- 2013: Revenue of $1.2M, expenses of $821K, and assets of $1.1M (revenue +38.0% year-over-year).
- 2012: Revenue of $896K, expenses of $684K, and assets of $653K (revenue +77.0% year-over-year).
- 2011: Revenue of $506K, expenses of $434K, and assets of $447K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chances For Children:
Data Sources and Methodology
This transparency report for Chances For Children is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.