Chase Your Dreams Academy Inc
EIN: 271548137 · Uppr Marlboro, MD · NTEE: O99
| Metric | Value |
|---|---|
| Total Revenue | $153K |
| Total Expenses | $84K |
| Net Assets | $7K |
Is Chase Your Dreams Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chase Your Dreams Academy Inc
Chase Your Dreams Academy Inc (EIN: 271548137) is a nonprofit organization based in Uppr Marlboro, MD, classified under NTEE code O99. The organization reported total revenue of $153K and total assets of $214 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chase Your Dreams Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chase Your Dreams Academy Inc is a small nonprofit that has been operating for 16 years, with 3 years of IRS 990 filings on record (2015–2017). Revenue has grown at a compound annual rate of -14.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $83K |
| Total Expenses | $84K |
| Surplus / Deficit | $-1,244 |
| Total Assets | $7K |
| Net Assets | $7K |
| Operating Margin | -1.5% |
| Months of Reserves | 1.0 months |
Financial Health Grade: C
In 2017, Chase Your Dreams Academy Inc reported a deficit of $1K with expenses exceeding revenue, holds 1.0 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2015–2017), Chase Your Dreams Academy Inc's revenue has declined at a compound annual growth rate (CAGR) of -14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -8.8% | -1.2% | -77.3% |
| 2016 | -20.4% | -23.9% | +452.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chase Your Dreams Academy Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chase Your Dreams Academy Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
Frequently Asked Questions about Chase Your Dreams Academy Inc
Is Chase Your Dreams Academy Inc a legitimate charity?
Chase Your Dreams Academy Inc (EIN: 271548137) is a registered tax-exempt nonprofit based in Maryland. It has 3 years of IRS 990 filings on record. Total revenue: $153K. No red flags identified. Financial health grade: C.
How does Chase Your Dreams Academy Inc spend its money?
Chase Your Dreams Academy Inc reported $153K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Chase Your Dreams Academy Inc tax-deductible?
Chase Your Dreams Academy Inc is registered as a tax-exempt nonprofit (EIN: 271548137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chase Your Dreams Academy Inc located?
Chase Your Dreams Academy Inc is headquartered in Uppr Marlboro, Maryland and files with the IRS under EIN 271548137. It is classified under NTEE code O99.
How many years of IRS 990 filings does Chase Your Dreams Academy Inc have?
Chase Your Dreams Academy Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $153K in total revenue.
Filing History
IRS 990 filing history for Chase Your Dreams Academy Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2015–2017), Chase Your Dreams Academy Inc's revenue has declined by 27.4%, moving from $114K to $83K. Total assets increased by 25.6% over the same period, from $6K to $7K. Total functional expenses fell by 24.8%, from $112K to $84K. In its most recent filing year (2017), Chase Your Dreams Academy Inc reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $83K | $84K | $7K | $0 | — | — |
| 2016 | $91K | $85K | $31K | $22K | — | — |
| 2015 | $114K | $112K | $6K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $83K, expenses of $84K, and assets of $7K (revenue -8.8% year-over-year).
- 2016: Revenue of $91K, expenses of $85K, and assets of $31K (revenue -20.4% year-over-year).
- 2015: Revenue of $114K, expenses of $112K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chase Your Dreams Academy Inc:
Data Sources and Methodology
This transparency report for Chase Your Dreams Academy Inc 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.