Bounce DC FY2021 filing

Chicago, ILUnknown exempt organization EIN 27-1349287Revenue $37 in FY2021Latest 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, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1349287) · Dispute this line
Mission: Form 990 Part I, line 1

Before you give

FY2021 · 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
Named funders
1
named funder · $369K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Liabilities are 0% of 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
$37
-100% vs prior year
Spent
$0
Net assets
$160K
By yearFY2020–FY2022
Revenue
$37
FY2021▼ -100%
Tap a bar for its year
Revenue by fiscal year
FY2020$22K
FY2021$37
FY2022$3
Expenses
$0
FY2021▼ -100%
Tap a bar for its year
Expenses by fiscal year
FY2020$50K
FY2021$0
FY2022$160K
Net assets
$160K
FY2021+0.02%
Tap a bar for its year
Net assets by fiscal year
FY2020$160K
FY2021$160K
FY2022$0

From the FY2021 Form 990 (year ending June 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

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

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
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 · in their own filed words · FY2020
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, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1349287) · Dispute this line
Pt IX · Ln 25 · col B

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 FY2021 990, line by line.

1The main four
Money inPt VIII
$37
Ln 12
Investment incomeLn 3$37
Money outPt IX
$0
Ln 25
Owns and owesPt X
$160K
net assets · Ln 32
Cash and savingsLn 1–2$154K
Total assetsLn 16$160K
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$37
Total revenueLn 12$37
Assets in detailPt X, end of year
SavingsLn 2$154K
Cash and savings togetherLn 1–2$154K
Prepaid expenses and deferred chargesLn 9$7K
Total assetsLn 16$160K
LiabilitiesLn 26$0
Net assetsLn 32$160K
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 FY21End FY21
Cash and savingsLn 1–2$160K$154K
Total assetsLn 16$160K$160K
LiabilitiesLn 26$0$0
Net assetsLn 32$160K$160K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Total functional expensesLn 25$0$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 LatestFiled with the IRS May 3, 2023 $3$160K−$160K$0 990 PDF
FY2021 ViewingFiled 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 FY2021 990
Part I · Summary $37 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 $21,565$37
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $21,565$37
I-13 Grants and similar amounts paidPrior year $21,103$0
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 $29,260$0
I-18 Total expensesPrior year $50,363$0
I-19 Revenue less expensesPrior year −$28,798$37
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 $37 across 2 lines filed
VIII-3 Investment incomeExcluded from tax $37$37
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $37$37
Part IX · Statement of functional expenses $0 across 0 lines filed
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$0
Part X · Balance sheet $160,403 assets, 7 lines filed
X-2 Savings and temporary cash investmentsStart of year $160,366$153,580
X-9 Prepaid expenses and deferred chargesStart of year $0$6,823
X-16 Total assetsStart of year $160,366$160,403
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $160,366$160,403
X-32 Total net assets or fund balancesStart of year $160,366$160,403
X-33 Total liabilities and net assetsStart of year $160,366$160,403
Part XI · Reconciliation of net assets $160,403 net assets at year end
XI-1 Total revenue$37
XI-2 Total expenses$0
XI-3 Revenue less expenses$37
XI-4 Net assets at start of year$160,366
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$160,403

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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