Chance Sports

Organization Overview

Chance Sports is located in Denver, CO. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chance Sports 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, Chance Sports generated $720.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 55.0% each year . All expenses for the organization totaled $523.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

CHANCE SPORTS IS A COLORADO TAX-EXEMPT NONPROFIT SCHOLARSHIP ORGANIZATION THAT PROVIDES FINANCIAL ASSISTANCE TO YOUNG ATHLETES FROM FAMILIES WITH FINANCIAL NEED SO THEY CAN ACCESS COMPETITIVE CLUB SPORT PROGRAMS AND LEARN LEADERSHIP AND TEAM-BUILDING SKILLS THAT WILL BENEFIT THEM ON AND OFF THE ATHLETIC FIELD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MOVED TO ADDRESS INEQUITY, THE CORNERSTONE PROGRAM OF CHANCE SPORTS IS THE PROVISION OF FINANCIAL SUPPORT FOR YOUTH TO ACCESS COMPETITIVE CLUB SPORTS, WHILE SIMULTANEOUSLY DEVELOPING LEADERSHIP AND TEAMBUILDING SKILLS THAT WILL BENEFIT THEM ON AND OFF THE ATHLETIC FIELD. THIS FINANCIAL SUPPORT ENSURES ATHLETES CAN COVER CLUB FEES, TRAVEL EXPENSES, TOURNAMENT COSTS, AND EQUIPMENT COSTS. SCHOLARSHIPS RANGE FROM 300 TO 2,500, AND ARE AWARDED ON A SLIDING SCALE BASED ON A FAMILY'S HOUSEHOLD INCOME AS A PERCENTAGE OF THE FEDERAL POVERTY LINE, SEEKING TO COVER 50% OF THE OVERALL COST TO PARTICIPATE ANNUALLY IN EACH ATHLETE'S PRIMARY SPORT. AS CHILDREN GET OLDER, SCHOLARSHIP AMOUNTS GO UP SIGNIFICANTLY SINCE THEIR COST TO PARTICIPATE GOES UP AS COMPETITION LEVEL INCREASES, PARTICULARLY THE TRAVEL COSTS. CHANCE SPORTS CURRENTLY SUPPORTS 200 ATHLETES PARTICIPATING ACROSS EIGHT SPORTS IN THIRTEEN PARTNER CLUBS AND EXPECTS TO MORE THAN DOUBLE THOSE NUMBERS IN 2024. ELIGIBLE FAMILIES ARE THOSE THAT DEMONSTRATE FINANCIAL NEED WITH AN ANNUAL HOUSEHOLD INCOME AT OR BELOW 350% OF THE FEDERAL POVERTY LINE. ATHLETES FROM ANY AND ALL COUNTIES IN THE STATE ARE ELIGIBLE. 70% OF CURRENT SCHOLARSHIP RECIPIENTS ARE MALE AND 30% FEMALE AND THEY RANGE FROM AGE 8 THROUGH 18. AS CHANCE SPORTS ADDS MORE TEAMS AND SPORTS, ITS INTENTION IS TO HAVE A MORE EQUAL DISTRIBUTION OF FUNDING BY GENDER. CS ATHLETES BY ETHNICITY ARE 64% BLACK, 14% LATINO, 10% MULTI RACIAL, 9% CAUCASIAN, AND 3% OTHER. CURRENTLY, 60% OF CS ATHLETES RESIDE IN DENVER, 30% IN AURORA AND 10% IN SURROUNDING AREAS OF METRO DENVER THOUGH ATHLETES WITH FINANCIAL NEED ACROSS THE ENTIRE STATE OF COLORADO ARE ELIGIBLE, AND ENCOURAGED, TO APPLY FOR A SCHOLARSHIP. 95% OF CURRENT CS ATHLETES ATTEND PUBLIC OR CHARTER SCHOOLS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Vickie Puchi
Executive Di
$93,750
Colin Larson
President
$0
Jonathan Tee
Secretary
$0
Luke Ragland
Treasurer
$0
Aidah Clinton
Board Member
$0
Paul Crandall
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $121,435
All other contributions, gifts, grants, and similar amounts not included above$598,989
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$720,424
Total Program Service Revenue$0
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 $0
Miscellaneous Revenue$0
Total Revenue $720,424

Peer Organizations

Organization NameAssets
Mountain West Conference
Colorado Springs, CO
$79,369,354
Arizona Sports Foundation
Scottsdale, AZ
$28,624,526
Usa Taekwondo Inc
Colorado Springs, CO
$4,727,638
Ute Conference Incorporated
Salt Lake City, UT
$4,154,257
Federation Of International Lacrosse
Colorado Springs, CO
$3,584,616
Utah Sports Commission Foundation
Salt Lake City, UT
$1,245,450
Harmony Amateur Sports Foundation
Encampment, WY
$269,915
Arsenal Alliance Soccer Club
South Jordan, UT
$2,492,229
United States Judo Inc
Colorado Springs, CO
$2,268,750
Columbine-Lakewood Colorado Soccer Association
Littleton, CO
$1,766,837
Td4tucson
Tucson, AZ
$2,276,200
Club One Az
Chandler, AZ
$1,863,482
Colorado Springs Sports Corporation
Colorado Springs, CO
$1,891,049
Best Swim Club Inc
Paradise Valley, AZ
$1,620,097
National Collegiate Hockey Conference
Colorado Springs, CO
$2,098,214
Sun Devil Gymnastics Booster Club
Chandler, AZ
$1,137,188
Nsfc Inc
Gilbert, AZ
$910,973
U S A National Karate-Do Federation Inc
Colorado Springs, CO
$1,014,487
Arizona Basketball Coaches Association Inc
Phoenix, AZ
$1,067,556
Amateur Athletic Union Of The United States Inc
Edmond, OK
$1,143,275
Aim High Academy Inc
Tulsa, OK
$863,317
Kansas Trap Shooting Association Inc
Macksville, KS
$698,113
Hope Foundation For Aspiring Youth
Norman, OK
$902,049
Denver Kickers Sports Club Inc
Golden, CO
$555,407
United States Bowling Congress Inc
Denver, CO
$612,019

Create an account to unlock the data you need.

or