Chump Change Foundation

Organization Overview

Chump Change Foundation is located in Kirkland, WA. The organization was established in 2019. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chump Change Foundation 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 12/2021, Chump Change Foundation generated $511.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $459.7k during the year ending 12/2021. While expenses have increased by 10.7% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO RECRUIT, MANAGE, AND TRAIN VOLUNTEERS SEEKING OPPORTUNITIES TO GIVE BACK TO THEIR COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

KIRKLAND SUMMERFEST: KIRKLAND'S LARGEST ARTS AND MUSIC COMMUNITY FESTIVAL.FRESH HOP: PROMOTE NORTHWEST CRAFT BREWERIES.OTHER EVENTS INCLUDE KIRKLANDIA, CIDER SMASH, SIP KIRKLAND, SAILS AND ALES, AND OCTOBERFEST.


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Board, Officers & Key Employees

Name (title)Compensation
Rob Butcher
President
$0
Kate Butcher
Secretary
$0
Marielle Dunavant
Board Member
$0
Steve Kaiser
Board Member
$0
Julie Metteer
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,275
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,275
Total Program Service Revenue$456,586
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $52,223
Miscellaneous Revenue$0
Total Revenue $511,084

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