Kids Chance Inc
- Assets
- $145.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, TN
- Founding
- 12/2003
- Data as of
- 12/2023
- EIN
- 76-0744054
Organization Overview
Kids Chance Inc is located in Franklin, TN. The organization was established in 2003. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kids Chance Inc 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 12/2023, Kids Chance Inc generated $55.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $68.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FOUNDED IN 2003, KID'S CHANCE OF TENNESEE IS DEVOTED TO PROVIDING SCHOLARSHIPS TO CHILDREN OF TN WORKERS WHO HAVE BEEN KILLED OR SUFFERED CATASTROPHIC INJURIES IN WORK-RELATED ACCIDENTS. WE BELIEVE THAT BY INVESTING IN OUR CHILDREN'S FUTURE, WE CAN PROVIDE THEM WITH THE TOOLS AND OPPORTUNITY TO MAKE A DIFFERENCE.IN 2021, THERE WERE 132 FATALITIES SUFFERED IN THE WORKPLACE IN TN (SOURCE: US BUREAU OF LABOR STATISTICS). MANY MORE WORKERS SUSTAINED SERIOUS OR CATASTROPHIC INJURIES THAT IMPACTED THEIR ABILITY TO PROVIDE FINANCIAL SUPPORT TO THEIR FAMILY. AS OUR STATE CONTINUES TO GROW ECONOMICALLY, EMPLOYERS REQUIRE SKILLED AND TRAINED WORKERS TO MEET THEIR BUSINESS AND MANUFACTURING NEEDS. KID'S CHANCE HELPS WITH THIS GROWTH BY PROVIDING AN EDUCATION TO THE CHILDREN OF TENNESSEE EMPLOYEES WHO HAVE BEEN DEVASTATED BY A WORKPLACE INJURY.TO DATE, WE HAVE PROVIDED 39 STUDENTS WITH SCHOLARSHIPS ENABLING THEM TO ATTEND VOCATIONAL AND TECHNICAL TRAINING, COLLEGES AND UNIVERSITIES.IN 2023, WE PROVIDED SCHOLARSHIPS TOTALING $63,000 TO 10 STUDENTS ATTENDING 9 DIFFERENT UNIVERSITIES INCLUDING UNIVERSITY OF TN-KNOXVILLE, UNIVERSITY OF TENNESSEE-CHATTANOOGA, MIDDLE TN STATE UNIVERSITY, LIBERTY UNIVERSITY, TENNESSEE TECH UNIVERSITY, & UNIVERSITY OF KENTUCKY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Shelton President | 1 | $0 | |
Debra Pewitt Secretary | 1 | $0 | |
Eryn Crawford Treasurer - End 12/23 | 1 | $0 | |
Misty Williams Immediate Past President | 1 | $0 | |
Kathy Kirby Founding Member | 1 | $0 | |
David Tutor Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,313 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$7,899 |
| Other Revenue | $0 |
| Total Revenue | $55,430 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,740 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,627 |
| Total expenses | $68,367 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $145,305 |
| Other assets | $0 |
| Total assets | $145,305 |
| Total liabilities | $0 |
| Net assets or fund balances | $145,305 |