Jacobs Chance Inc

EIN: 462106307 501(c)(3) Recreation & Sports

Richmond, VA

Total Revenue
$459,857
Total Expenses
$409,686
Total Assets
$249,794
Net Assets
$245,286
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
VA
Phone
8046408109
Tax Period
2024-01-01 to 2024-12-31

Jacobs Chance Inc, founded in 2013, is a small nonprofit in the Recreation & Sports sector that reported $258K in total revenue in fiscal year 2022. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $50K, a strong 20% operating margin.

Mission

Jacobs Chance enriches lives by empowering individuals 5-40 years old with developmental intellectual and or physical disabilities through inclusive programs that promote personal development and positive relationships. The Organization provides inclusive recreation athletics socialization and skills training for children teens and young adults with developmental intellectual and or physical disabilities and the medically fragile.

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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 (2024)

Revenue Breakdown

Contributions & Grants $338,821
Program Service Revenue $111,395
Investment Income $417
Other Revenue $9,224
TOTAL REVENUE $459,857

Expense Breakdown

Grants Paid $0
Salaries & Benefits $253,585
Fundraising Expenses $46,362
Program Expenses $300,469
Other Expenses $156,101
TOTAL EXPENSES $409,686

Year-over-Year Comparison

2024 2023 Change
Revenue $459,857 $348,291 +0.3%
Expenses $409,686 $311,207 +0.3%
Net Income $50,171 $37,084 +0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
7
Volunteers
1100

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
0
$0
Total Directors
8
$0
Key Employees
2
$132,258
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Catherine P Mardigian Executive Director 40.00
Key Emp
$72,018 $0 $72,018
Brooke C Hsieh Program Director 40.00
Key Emp
$60,240 $0 $60,240
Emily Hartman Board Chair 2.00
Director
$0 $0 $0
Matt Dutcher Vice Chair 2.00
Director
$0 $0 $0
Collin Chance Treasurer and Secretary 2.00
Director
$0 $0 $0
Mo Feliciano Board Member 2.00
Director
$0 $0 $0
Marcus Carpenter Board Member 2.00
Director
$0 $0 $0
Pranav Parikh Board Member 2.00
Director
$0 $0 $0
Kristi Rike Board Member 2.00
Director
$0 $0 $0
Mareen Thomas Board Member 2.00
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 $459,857 $409,686 $249,794 $50,171
2023 $348,291 $311,207 $203,933 $37,084
2022 $258,029 $207,625 $169,840 $50,404
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