Nonprofit · EIN 13-4361892
CHANCE ACADEMY
Tax-exempt · WASHINGTON, DC 20003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,018,146 | $1,482,007 | -$463,861 | $226,666 | $26,740 | $199,926 |
| August 31, 2024 | 990 | $1,415,240 | $1,572,263 | -$157,023 | $800,160 | $136,373 | $663,787 |
| August 31, 2023 | 990 | $995,828 | $1,677,119 | -$681,291 | $1,223,040 | $402,230 | $820,810 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $938,514
- Program service revenue
- $73,475
- Investment income
- $5,882
- Net gain from sales of assets
- -$24
- Other revenue
- $275
Expenses
- Grants and similar amounts paid
- $28,983
- Other salaries and wages
- $983,256
- Salaries, compensation and benefits (total)
- $1,079,798
- Professional fundraising fees
- $27,000
- Accounting fees
- $55,084
- Occupancy
- $103,024
- Travel
- $7,051
- Depreciation
- $2,347
- Program services (functional)
- $1,217,838
- Management and general (functional)
- $237,169
- Fundraising (functional)
- $27,000
Balance sheet and other
- Total assets, start of year
- $800,160
- Total assets, end of year
- $226,666
- Total liabilities, end of year
- $26,740
- Net assets, end of year
- $199,926
- Land, buildings and equipment
- $1,698
- Net assets without donor restrictions
- $199,926
- Gross receipts
- $1,018,813
- Employees
- 15
- Volunteers
- 6
- Year formed
- 2007
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNA BERNANKE | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $0 |
| MAIA FALCONI-SACHS | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| CELESTE NUNEZ | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MILDRED MUSGROVE | TREASURER Trustee or director, Officer | 0.5 | $0 |
| ROSALIA GH MILLER | DIRECTOR Trustee or director | 0.5 | $0 |
| CASEY RONCORONI | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended August 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNA BERNANKE | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $0 |
| MAIA FALCONI-SACHS | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| CELESTE NUNEZ | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MILDRED MUSGROVE | TREASURER Trustee or director, Officer | 0.5 | $0 |
| ROSALIA GH MILLER | DIRECTOR Trustee or director | 0.5 | $0 |
| CASEY RONCORONI | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended August 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNA BERNANKE | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $0 |
| MAIA FALCONI-SACHS | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| CELESTE NUNEZ | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MILDRED MUSGROVE | TREASURER Trustee or director, Officer | 0.5 | $0 |
| ROSALIA GH MILLER | DIRECTOR Trustee or director | 0.5 | $0 |
| MARILYN BENOIT | DIRECTOR Trustee or director | 0.5 | $0 |
| CASEY RONCORONI | DIRECTOR Trustee or director | 0.5 | $0 |
| MARVIN J OWENS JR | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1349 INDEPENDENCE CT SE, WASHINGTON, DC 20003-2380
- In care of
- % ANNA BERNANKE
- Principal officer (990 for 2024)
- ANNA BERNANKE, 1349 INDEPENDENCE CT SE, WASHINGTON, DC 200032380
- Signed the 990
- ANNA BERNANKE, EXECUTIVE DIRECTOR
- Phone
- (240) 746-2550
- Website
- CHANCEACADEMY.ORG
- 990-N for 2008 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Anna Bernanke, c/o Chance Academy, 611 Pennsylvania Ave SE 363, Washington DC 200034303. Mailing address: 611 Pennsylvania Ave SE 363, Washington DC 200034303.
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE MISSION OF CHANCE ACADEMY IS TO BE AN EDUCATIONAL COMMUNITY THAT SERVES AS A CENTER FOR LEARNING FOR STUDENTS AND THEIR FAMILIES AND FOSTERS ENVIRONMENTAL STEWARDSHIP, WELLNESS, PEACE-BUILDING, CULTURAL LITERACY, AND COMMUNITY AND BELONGING.
Program accomplishments
- IN OUR PROGRAM, CHILDREN, THEIR FAMILIES, AND THE COMMUNITY UNITE TO CREATE A HEALTHY AND SUPPORTIVE LEARNING ENVIRONMENT THAT ALLOWS EACH CHILD TO REACH THEIR HIGHEST POTENTIAL. WE ACCOMPLISH THIS BY PROMOTING INTELLECTUAL GROWTH, CRITICAL THINKING SKILLS, SOCIO-EMOTIONAL DEVELOPMENT, PERSONAL WELLNESS, CREATIVITY, AND RESTORATIVE JUSTICE PRACTICES. THIS COMPREHENSIVE APPROACH ENSURES THAT OUR PARTICIPANTS GRADUATE WITH THE CONFIDENCE TO PURSUE THEIR NEXT EDUCATIONAL OR CAREER PATH, BALANCED WITH A STRONG FOUNDATION FOR BEING INFORMED AND THOUGHTFUL GLOBAL CITIZENS.Expenses $1,217,838 · grants $28,983 · revenue $73,750
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 13-4361892
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B25)
- Assets (IRS master file)
- $226,666
- Income (IRS master file)
- $1,018,813
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,018,146 | $1,482,007 | $226,666 | XML |
| 990 | August 2024 | $1,415,240 | $1,572,263 | $800,160 | XML |
| 990 | August 2023 | $995,828 | $1,677,119 | $1,223,040 | XML |
| 990 | August 2022 | $1,663,380 | $1,475,816 | $1,559,693 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
| 990-N for 2008 Officer: Anna Bernanke Filed under this EIN, most likely by a chapter or affiliate | December 31, 2008 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-4361892).
Questions about CHANCE ACADEMY
- What is the EIN of CHANCE ACADEMY?
- The employer identification number (EIN) of CHANCE ACADEMY is 13-4361892.
- Is CHANCE ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to CHANCE ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHANCE ACADEMY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHANCE ACADEMY due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHANCE ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of CHANCE ACADEMY?
- The 990 for the year ended August 31, 2025 names ANNA BERNANKE.
- Who are the officers and directors of CHANCE ACADEMY?
- The 990 for the year ended August 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does CHANCE ACADEMY have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,018,146, expenses of $1,482,007 and total assets of $226,666 at year end.
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