Bounce DC

Chicago, ILUnknown exempt organization EIN 27-1349287Revenue $3 in FY2022Latest filing we have: 2021. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSstartearly.orgChicago, IL

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Bounce DC supports high quality early learning in DC by developing and constructing a new birth to 5 Educare school (Educare DC) for at-risk young children.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1349287) · Dispute this line
88¢ of each $1 spent went to programs.
Run by 2 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
The latest return is for FY2022, 4 tax years back.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $63K a year · 876% of revenue · last 3 filings
A surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
88%
of spending
88% of spending went to programs.
Pt IX · Ln 25 · col B
Named funders
1
named funder · $369K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
2
of 3 voting members
2 of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$3
-92% vs prior year
Spent
$160K
To programs
88%
Net assets
$0
By yearFY2020–FY2022
Revenue
$3
FY2022▼ -92%
Tap a bar for its year
Revenue by fiscal year
FY2020$22K
FY2021$37
FY2022$3
Expenses
$160K
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2020$50K
FY2021$0
FY2022$160K
Net assets
$0
FY2022▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$160K
FY2021$160K
FY2022$0

From the FY2022 Form 990 (year ending June 2022) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $141K Management & general 12% · $20K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Secretary-Treasurer
$0Pt VII · Sec A
Co-President
$0Pt VII · Sec A
Co-President
$0Pt VII · Sec A
See Bounce DC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds a new school for at-risk young children to improve early learning.

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1 program · $141K · in their own filed words · FY2021
01

In November 2009, Bounce DC, a 501(c)(3) supporting organization of Start Early, was established with the purpose of developing and building Educare DC and funding the broader birth-to-five quality improvement efforts in the District of Columbia.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1349287) · Dispute this line
$141Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2020
Educare DCFY2020$369K
Total grants receivedfrom 1 funder$369K
Grants paid · 2 grants · $151K · 2019–2021
Educare DCDC · FY2021$130,073
Educare DCDC · FY2019$21,103

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3
Ln 12
Investment incomeLn 3$3
Money outPt IX
$160K
Ln 25
Programscol B$141K
Managementcol C$20K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$3
Total revenueLn 12$3
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 51
VolunteersI 62
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$154K$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$160K$0
LiabilitiesLn 26$0$0
Net assetsLn 32$160K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$130K$130K
Legal feesLn 11b$16K$16K
Accounting feesLn 11c$4K$4K
Other fees for servicesLn 11g$84$84
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$426$426
Total functional expensesLn 25$160K$141K$20K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest ViewingFiled with the IRS May 3, 2023 $3$160K−$160K$0 990 PDF
FY2021Filed with the IRS May 12, 2022 $37$0$37$160K 990 PDF
FY2020Filed with the IRS May 3, 2021 $22K$50K−$29K$160K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $3 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $37$3
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $37$3
I-13 Grants and similar amounts paidPrior year $0$130,073
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $0$30,333
I-18 Total expensesPrior year $0$160,406
I-19 Revenue less expensesPrior year $37−$160,403
Part VI · Governance 2 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $3 across 2 lines filed
VIII-3 Investment incomeExcluded from tax $3$3
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $3$3
Part IX · Statement of functional expenses $160,406 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $130,073$130,073
IX-11b Legal feesManagement $15,830$15,830
IX-11c Accounting feesManagement $3,730$3,730
IX-11g Other fees for servicesManagement $84$84
IX-23 InsurancePrograms $10,263$10,263
IX-24 Other expenses (24a–d)Programs $426$426
IX-25 Total functional expensesPrograms $140,762 · Management $19,644 · Fundraising $0$160,406
Part X · Balance sheet $0 assets, 20 lines filed
X-1 Cash, non-interest-bearing$0
X-2 Savings and temporary cash investmentsStart of year $153,580$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $6,823$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $160,403$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $160,403$0
X-32 Total net assets or fund balancesStart of year $160,403$0
X-33 Total liabilities and net assetsStart of year $160,403$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$3
XI-2 Total expenses$160,406
XI-3 Revenue less expenses−$160,403
XI-4 Net assets at start of year$160,403
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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