2024-04-24T15:19:01-04:00 2023-12-31 461335331 ALTRUIC ADVISORS CPAS 417 FOREST AVENUE PLYMOUTH MI 48170 990 2023-01-01 882769009 CHANCE SPORTS CHAN 7204707069 101 MONROE ST DENVER CO 80206 VICKIE PUCHI EXECUTIVE DIRECTOR 7204707069 2024-04-22 true VICKIE PUCHI XXX-XX-XXXX false RYAN N HAGAN CPA P00293011 8882985297 2024-04-22 2023 2023-04-26 12:10:37Z VICKIE PUCHI 101 MONROE ST DENVER CO 80206 720424 false X CHANCESPORTS.ORG X 2022 CO CHANCE SPORTS IS A COLORADO TAX-EXEMPT NONPROFIT SCHOLARSHIP ORGANIZATION THAT PROVIDES FINANCIAL ASSISTANCE TO YOUNG ATHLETES FROM FAMILIES WITH FINANCIAL NEED SO THEY CAN ACCESS COMPETITIVE CLUB SPORT PROGRAMS AND LEARN LEADERSHIP AND TEAM-BUILDING SKILLS THAT WILL BENEFIT THEM ON AND OFF THE ATHLETIC FIELD. 6 6 0 6 0 300000 720424 0 0 0 300000 720424 203106 0 93750 0 65474 123371 226817 123371 523673 176629 196751 180340 379797 3711 6417 176629 373380 X CHANCE SPORTS IS A COLORADO TAX-EXEMPT NONPROFIT SCHOLARSHIP ORGANIZATION THAT PROVIDES FINANCIAL ASSISTANCE TO YOUNG ATHLETES FROM FAMILIES WITH FINANCIAL NEED SO THEY CAN ACCESS COMPETITIVE CLUB SPORT PROGRAMS AND LEARN LEADERSHIP AND TEAM-BUILDING SKILLS THAT WILL BENEFIT THEM ON AND OFF THE ATHLETIC FIELD. false false 367320 203106 MOVED TO ADDRESS INEQUITY, THE CORNERSTONE PROGRAM OF CHANCE SPORTS IS THE PROVISION OF FINANCIAL SUPPORT FOR YOUTH TO ACCESS COMPETITIVE CLUB SPORTS, WHILE SIMULTANEOUSLY DEVELOPING LEADERSHIP AND TEAMBUILDING SKILLS THAT WILL BENEFIT THEM ON AND OFF THE ATHLETIC FIELD. THIS FINANCIAL SUPPORT ENSURES ATHLETES CAN COVER CLUB FEES, TRAVEL EXPENSES, TOURNAMENT COSTS, AND EQUIPMENT COSTS. SCHOLARSHIPS RANGE FROM 300 TO 2,500, AND ARE AWARDED ON A SLIDING SCALE BASED ON A FAMILY'S HOUSEHOLD INCOME AS A PERCENTAGE OF THE FEDERAL POVERTY LINE, SEEKING TO COVER 50% OF THE OVERALL COST TO PARTICIPATE ANNUALLY IN EACH ATHLETE'S PRIMARY SPORT. AS CHILDREN GET OLDER, SCHOLARSHIP AMOUNTS GO UP SIGNIFICANTLY SINCE THEIR COST TO PARTICIPATE GOES UP AS COMPETITION LEVEL INCREASES, PARTICULARLY THE TRAVEL COSTS. CHANCE SPORTS CURRENTLY SUPPORTS 200 ATHLETES PARTICIPATING ACROSS EIGHT SPORTS IN THIRTEEN PARTNER CLUBS AND EXPECTS TO MORE THAN DOUBLE THOSE NUMBERS IN 2024. ELIGIBLE FAMILIES ARE THOSE THAT DEMONSTRATE FINANCIAL NEED WITH AN ANNUAL HOUSEHOLD INCOME AT OR BELOW 350% OF THE FEDERAL POVERTY LINE. ATHLETES FROM ANY AND ALL COUNTIES IN THE STATE ARE ELIGIBLE. 70% OF CURRENT SCHOLARSHIP RECIPIENTS ARE MALE AND 30% FEMALE AND THEY RANGE FROM AGE 8 THROUGH 18. AS CHANCE SPORTS ADDS MORE TEAMS AND SPORTS, ITS INTENTION IS TO HAVE A MORE EQUAL DISTRIBUTION OF FUNDING BY GENDER. CS ATHLETES BY ETHNICITY ARE 64% BLACK, 14% LATINO, 10% MULTI RACIAL, 9% CAUCASIAN, AND 3% OTHER. CURRENTLY, 60% OF CS ATHLETES RESIDE IN DENVER, 30% IN AURORA AND 10% IN SURROUNDING AREAS OF METRO DENVER THOUGH ATHLETES WITH FINANCIAL NEED ACROSS THE ENTIRE STATE OF COLORADO ARE ELIGIBLE, AND ENCOURAGED, TO APPLY FOR A SCHOLARSHIP. 95% OF CURRENT CS ATHLETES ATTEND PUBLIC OR CHARTER SCHOOLS. 367320 true true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false true false false false false false false false false false false false true 7 0 0 false false false false false false false false false false false false X 6 6 false true false false false false false true true false false true true true true true true false false false CO X X VICKIE PUCHI 7204707069 101 MONROE ST DENVER CO 80206 VICKIE PUCHI EXECUTIVE DI 40.00 X 93750 0 0 COLIN LARSON PRESIDENT 0.50 X X 0 0 0 JONATHAN TEE SECRETARY 0.50 X X 0 0 0 LUKE RAGLAND TREASURER 0.75 X X 0 0 0 AIDAH CLINTON BOARD MEMBER 0.50 X 0 0 0 PAUL CRANDALL BOARD MEMBER 0.50 X 0 0 0 JEN ANDREWS BOARD MEMBER 0.50 X 0 0 0 93750 false false false 121435 598989 720424 720424 X 203106 203106 93750 63750 30000 95000 47500 47500 12908 12908 74411 24951 27500 21960 22987 11494 11493 125 94 31 6873 5742 1131 3056 2641 415 2877 2877 CHECK PLATFORM FEES 7014 7014 TRANSPORTATION 797 598 199 DUES AND SUBSCRIPTIONS 574 430 144 BANK FEES 165 64 101 30 30 523673 367320 90879 65474 180340 268891 78891 32015 180340 379797 3711 6417 3711 6417 X 373380 176629 176629 373380 180340 379797 196751 X false false false X 300000 720424 1020424 300000 720424 1020424 1020424 1020424 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true SCHOLARSHIPS 195 203106 SCHEDULE I, PAGE 1, PART I, LINE 2 FAMILIES WITH AN ANNUAL INCOME OF 350% OF FEDERAL POVERTY LINE AND BELOW ARE ELIGIBLE TO APPLY. AWARDS ARE DISTRIBUTED ON A SLIDING SCALE WITH THOSE WITH THE GREATEST FINANCIAL NEED RECEIVING A HIGHER PERCENTAGE OF THE OVERALL ANNUAL COST TO PARTICIPATE IN THEIR PRIMARY COMPETITIVE SPORT. FUNDS ARE PROVIDED TO FAMILIES THROUGH DIGITAL FUNDING CARDS. THE COMPANY WE PARTNER WITH TO DISTRIBUTE FUNDS IS CHEK. THE FUNDING CARDS HAVE RESTRICTIONS ON WHICH VENDORS THEY CAN BE USED AT (I.E. UNIFORMS, EQUIPMENT, TRAVEL, SPORTS CLUB FEES ETC.). CHANCE SPORTS HAS THE ABILITY TO REMIT FUNDS IF AN ATHLETE DECIDES TO DISCONTINUE THEIR ENGAGEMENT IN COMPETITIVE SPORT. FINALLY, CHANCE SPORTS COMMITS TO FUNDING RETURNING ATHLETES ON AN ANNUAL BASIS BEFORE FUNDING NEW APPLICANTS IN ORDER TO ENSURE CONTINUITY OF ENGAGEMENT FOR ATHLETES. OAK ROSE GROUP OFFICER 95000 SEE PART V false SCHEDULE L, PART V JONATHAN TEE IS THE SECRETARY OF CHANCE SPORTS AND A PRINCIPAL WITH OAK ROSE GROUP, THE ORGANIZATION THAT PROVIDED BUSINESS CONSULTING SERVICES TO CHANCE SPORTS. FORM 990 - ORGANIZATION'S MISSION CHANCE SPORTS IS A COLORADO TAX-EXEMPT NONPROFIT SCHOLARSHIP ORGANIZATION THAT PROVIDES FINANCIAL ASSISTANCE TO YOUNG ATHLETES FROM FAMILIES WITH FINANCIAL NEED SO THEY CAN ACCESS COMPETITIVE CLUB SPORT PROGRAMS AND LEARN LEADERSHIP AND TEAM-BUILDING SKILLS THAT WILL BENEFIT THEM ON AND OFF THE ATHLETIC FIELD. FORM 990, PAGE 2, PART III, LINE 4A MOVED TO ADDRESS INEQUITY, THE CORNERSTONE PROGRAM OF CHANCE SPORTS IS THE PROVISION OF FINANCIAL SUPPORT FOR YOUTH TO ACCESS COMPETITIVE CLUB SPORTS, WHILE SIMULTANEOUSLY DEVELOPING LEADERSHIP AND TEAMBUILDING SKILLS THAT WILL BENEFIT THEM ON AND OFF THE ATHLETIC FIELD. THIS FINANCIAL SUPPORT ENSURES ATHLETES CAN COVER CLUB FEES, TRAVEL EXPENSES, TOURNAMENT COSTS, AND EQUIPMENT COSTS. SCHOLARSHIPS RANGE FROM 300 TO 2,500, AND ARE AWARDED ON A SLIDING SCALE BASED ON A FAMILY'S HOUSEHOLD INCOME AS A PERCENTAGE OF THE FEDERAL POVERTY LINE, SEEKING TO COVER 50% OF THE OVERALL COST TO PARTICIPATE ANNUALLY IN EACH ATHLETE'S PRIMARY SPORT. AS CHILDREN GET OLDER, SCHOLARSHIP AMOUNTS GO UP SIGNIFICANTLY SINCE THEIR COST TO PARTICIPATE GOES UP AS COMPETITION LEVEL INCREASES, PARTICULARLY THE TRAVEL COSTS. CHANCE SPORTS CURRENTLY SUPPORTS 200 ATHLETES PARTICIPATING ACROSS EIGHT SPORTS IN THIRTEEN PARTNER CLUBS AND EXPECTS TO MORE THAN DOUBLE THOSE NUMBERS IN 2024. ELIGIBLE FAMILIES ARE THOSE THAT DEMONSTRATE FINANCIAL NEED WITH AN ANNUAL HOUSEHOLD INCOME AT OR BELOW 350% OF THE FEDERAL POVERTY LINE. ATHLETES FROM ANY AND ALL COUNTIES IN THE STATE ARE ELIGIBLE. 70% OF CURRENT SCHOLARSHIP RECIPIENTS ARE MALE AND 30% FEMALE AND THEY RANGE FROM AGE 8 THROUGH 18. AS CHANCE SPORTS ADDS MORE TEAMS AND SPORTS, ITS INTENTION IS TO HAVE A MORE EQUAL DISTRIBUTION OF FUNDING BY GENDER. CS ATHLETES BY ETHNICITY ARE 64% BLACK, 14% LATINO, 10% MULTI RACIAL, 9% CAUCASIAN, AND 3% OTHER. CURRENTLY, 60% OF CS ATHLETES RESIDE IN DENVER, 30% IN AURORA AND 10% IN SURROUNDING AREAS OF METRO DENVER THOUGH ATHLETES WITH FINANCIAL NEED ACROSS THE ENTIRE STATE OF COLORADO ARE ELIGIBLE, AND ENCOURAGED, TO APPLY FOR A SCHOLARSHIP. 95% OF CURRENT CS ATHLETES ATTEND PUBLIC OR CHARTER SCHOOLS. FORM 990, PAGE 6, PART VI, LINE 3 OAK ROSE GROUP PROVIDES MANAGMENT CONSULTING AND ACCOUNTING SERVICES. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD REVIEWS THE DRAFT AT A BOARD MEETING BEFORE THE RETURN IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C AN ANNUAL REVIEW OF ANY CONFLICTS OF INTEREST IS PERFORMED FOR ALL PERSONS ON THE BOARD. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED LABOR 5,650 0 2,659 GRANT & FUNDRAISING CONSULTAN 19,301 0 19,301 OTHER PROFESSIONAL SERVICES 0 27,500 0 TOTAL 24,951 27,500 21,960