Chill Foundation A Nonprofit Corporation
- Assets
- $1.8m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 38
- Location
- Burlington, VT
- Founding
- 03/1997
- Data as of
- 04/2022
- EIN
- 03-0353892
Organization Overview
Chill Foundation A Nonprofit Corporation is located in Burlington, VT. The organization was established in 1997. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 04/2022, Chill Foundation A Nonprofit Corporation employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chill Foundation A Nonprofit Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, Chill Foundation A Nonprofit Corporation generated $2.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $2.3m during the year ending 04/2022. While expenses have increased by 4.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE YOUTH TO OVERCOME CHALLENGES THROUGH BOARDSPORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSPIRE YOUTH TO OVERCOME CHALLENGES THROUGH BOARDSPORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Clark CEO (start 11/21) | Officer | 40 | $20,854 |
Donna Carpenter Co-Chair | OfficerTrustee | 2 | $0 |
Josee Larocque Treasurer | OfficerTrustee | 1 | $0 |
Scott Mcardle Co-Chair/secretary | OfficerTrustee | 1 | $0 |
Justin Worthley Board Member | Trustee | 1 | $0 |
Trevor Crist Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $335,453 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,840,641 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,176,094 |
| Total Program Service Revenue | $0 |
| Investment income | $11,046 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $161,065 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,387,756 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $100,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,903 |
| Compensation of current officers, directors, key employees. | $17,147 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,406,174 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $118,645 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,285 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $824 |
| Fees for services: Other | $81,625 |
| Advertising and promotion | $22,524 |
| Office expenses | $26,566 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,214 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $4,894 |
| Total functional expenses | $2,311,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,857 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $673,711 |
| Accounts receivable, net | $25,265 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $838,130 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $127,528 |
| Total assets | $1,826,491 |
| Accounts payable and accrued expenses | $141,776 |
| Grants payable | $0 |
| Deferred revenue | $15,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $87,380 |
| Total liabilities | $244,156 |
| Net assets without donor restrictions | $1,582,335 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,826,491 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Chill Foundation A Nonprofit Corporation has recieved totaling $117,462.
| Awarding Organization | Amount |
|---|---|
Share Winter Foundation Providence, RI PURPOSE: GENERAL SUPPORT | $50,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $38,912 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $17,500 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $10,850 |
Synchrony Foundation Stamford, CT PURPOSE: EMPLOYER MATCHING GIFT PROGRAM | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Sports Inc Braintree, MA | $15,718,989 | $17,640,081 |
Vermont Permanency Initiative Inc Plymouth, NH | $11,154,700 | $16,308,251 |
Exploration School Inc Norwood, MA | $30,976,539 | $12,294,773 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |
Nyc Kids Rise Inc Long Island City, NY | $4,984,268 | $4,157,127 |
Urban Dove Inc Long Island City, NY | $5,170,319 | $5,441,041 |