THE CHANCE FOUNDATION

EIN: 043663558 501(c)(3) Animal-Related

CATLETT, VA

Total Revenue
$135,881
Total Expenses
$150,490
Total Assets
$151,431
Net Assets
$112,228
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
VA
Principal Officer
CARLA D NAMMACK
Phone
5407883559
Tax Period
2023-01-01 to 2023-12-31

THE CHANCE FOUNDATION, founded in 2006, is a small nonprofit in the Animal-Related sector that reported $178K in total revenue in fiscal year 2018. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $167K left a modest 6% surplus.

Mission

RESCUE AND TREATMENT OF ABANDONED AND ABUSED DOGS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $133,507
Program Service Revenue $0
Investment Income $2,374
Other Revenue $0
TOTAL REVENUE $135,881

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $148,924
Other Expenses $148,490
TOTAL EXPENSES $150,490

Year-over-Year Comparison

2023 2022 Change
Revenue $135,881 $129,758 +0.0%
Expenses $150,490 $182,569 -0.2%
Net Income $-14,609 $-52,811 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
1
Employees
N/A
Volunteers
5

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLA D NAMMACK PRESIDENT 16.00
Officer Director
$0 $0 $0
MATTHEW SLAUGHTER DIRECTOR 4.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $135,881 $150,490 $151,431 $-14,609
2022 $129,758 $182,569 $148,562 $-52,811
2021 $140,444 $167,143 $192,000 $-26,699
2020 $139,759 $118,354 $229,813 $21,405
2019 $206,186 $172,652 $195,614 $33,534
2018 $177,840 $166,862 $164,928 $10,978
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