Chase Academy INC EIN 20-4723241 Form 990 (PDF) Claim this org

Chase Academy INC

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Educates and supports autistic children to develop skills for independent, purposeful adult lives. For fiscal year 2024 it reported $973K in revenue, $987K in expenses, and $-111K in net assets.Pt I

Founded
2006
Type
Public charity (501(c)(3)) · Education
Location
South Daytona, FL
Website
www.tcaofvolusia.org
Filings
4 on file (2021–2024)
Revenue
$973KFY2024
Expenses
$987K
Net assets
$-111K
People
2
Filings
4
Updates
0
More identity details & actions ⌄
EIN  20-4723241 Public charity (501(c)(3)) South Daytona, FL Founded 2006
Form 990 (PDF)
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Size
$100K–1M
What they do
Educates and supports autistic children to develop skills for independent, purposeful adult lives.
Leadership
Miriam Lundell · Executive Director · $84K
Money in and out
$973K revenue, $987K expenses
Bottom line
72% program efficiency
Where the money goes · FY2024
Total revenue
$973K
Pt VIII · Ln 12
Total expenses
$987K
Pt IX · Ln 25
Net assets
$-111K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$14K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.28 Fundraising $0.00
Program efficiency
72%
of spending reaches programs▲ +14% vs prior filing year
Operating runway
0.2mo
months of highly liquid reserves at operating expense rate▼ -50% vs prior filing year
Surplus margin
-1%
revenue over expenses, this year▼ -264% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$973K
FY2024▲ +12%
Expenses
$987K
FY2024▲ +14%
Total assets
$171K
FY2024▼ -0.6%
Total liabilities
$282K
FY2024▲ +5%
Total revenue
$973K
Pt VIII · Ln 12
Total expenses
$987K
Pt IX · Ln 25
Net assets
$-111K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$14K
Total assetsPt X · Ln 16$171K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $712K of program spending, described in the organization's own filed words · FY2024.
01

K-12 School for students with Autism.

$712Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChase Academy INC
EINHdr · item D20-4723241
Principal addressHdr · item CSouth Daytona, FL
WebsiteHdr · item Jwww.tcaofvolusia.org
Year of formationHdr · item L2006
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B28)
Ruling yearIRS BMFMar 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$83,735Pt VII · Sec A
Director of Programming
$77,477Pt VII · Sec A

Miriam Lundell’s $84K as Executive Director is at the 75th percentile of top reported officer pay among 1615 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022
Miriam Lundell$83,735$77,035$77,037$76,575
Amy K Filson$77,477$65,617$65,517$68,204

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$942K · 97%
Contributions & grants$26K · 3%
Other revenue$5K · 1%
Program service revenue97%$942K
Contributions & grants3%$26K
Other revenue1%$5K
Total revenueLn 12$973K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.28 Fundraising $0.00
Program services72%$712K
Management & general28%$273K
Fundraising$2K
Total functional expensesLn 25$987K

Balance Sheet

Part X · end of year
CashLn 1$13K
Total assetsLn 16$171K
Total liabilitiesLn 26$282K
Total net assetsLn 32$-111K
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $13K · Operating expenses/yr $987K
0.2 months
Where the money goes
Program services
Program services $712K · Total expenses $987K
72%
Management & General
Management & general $273K · Total expenses $987K
28%
Fundraising
Fundraising $2K · Total expenses $987K
0.2%
Cost to raise $1
Fundraising expense (3-yr avg) $510 · Solicited contributions (3-yr avg) $22K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $26K · Total revenue $973K
3%
Government reliance
Government grants $0 · Total revenue $973K
0%
Earned-income share
Program service revenue $942K · Total revenue $973K
97%
Investment reliance
Investment income $0 · Total revenue $973K
0%
Program self-sufficiency
Program service revenue $942K · Total expenses $987K
95%
Growth & trend
Revenue growth (YoY)
This year $973K · Prior year $872K
+12%
Revenue CAGR
FY2020 $734K · FY2024 $973K
+7%
Net-asset trend (YoY)
End of year $-111K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $973K · Expenses $987K
-1%
Liabilities-to-Assets
Total liabilities — · Total assets $171K
Net-asset ratio
Net assets $-111K · Total assets $171K
-65%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $171K
0%
People & payroll
Highest Reported Total Compensation
Individual Miriam Lundell · Reported title Executive Director · Highest reported compensation $84K · Total expenses $987K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $775K · Total expenses $987K
78%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 28%
Fundraising cost ratio 6%
Revenue growth 12%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$872K revenue · ⤓ 990 PDF
FY2023$859K revenue · ⤓ 990 PDF
FY2022$809K revenue · ⤓ 990 PDF
FY2021$734K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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