Chime Institute FY2021 filing

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Child intervention, support and education.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$134K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $89K a year · under 1% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$134K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $59K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$8.4M
59% of total assets
Fine: liabilities are 59% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.3M
+3% vs prior year
Spent
$9.8M
To programs
83%
Net assets
$5.9M
By yearFY2020–FY2025
Revenue
$9.3M
FY2021▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$9.1M
FY2021$9.3M
FY2022$10.7M
FY2023$14.6M
FY2024$12.5M
FY2025$12.9M
Expenses
$9.8M
FY2021-0.1%
Tap a bar for its year
Expenses by fiscal year
FY2020$9.8M
FY2021$9.8M
FY2022$11.2M
FY2023$12.3M
FY2024$13.0M
FY2025$13.5M
Net assets
$5.9M
FY2021▼ -9%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.5M
FY2021$5.9M
FY2022$5.5M
FY2023$8.1M
FY2024$7.7M
FY2025$7.2M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2014.

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

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $8.1M Management & general 17% · $1.7M Fundraising 0% · $514

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

10 people listed on the 990; $134K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$134,049Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Erin Studer’s $158K as Executive Director is at the 19th percentile of top reported officer pay among 3683 $10–100M 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 · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Erin Studer$158,036$154,750$130,689$148,057$134,049$136,501
Kathleen Jamison$117,975$114,109————
Julie Himot$114,538—————
Keely McKelvey$113,737—————
Caitlin Healey$109,500$109,479————
Adie Buchinsky$106,492—————
Annie Cox$31,496$31,496————

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.

See Chime Institute 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 15aYes

Programs and updates

Provides child intervention, support, and education services.

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2 programs · $8.1M · in their own filed words · FY2020
01

Organization operates public charter schools (sponsor- lausd)

$7.6Mprogram expense
02

The organization's early education programs operate a nonpublic agency that provides basic education and special education services for children with disabilities to attend preschool at california state university, northridge. Additionally it provides an early intervention program for children and their families.

$544Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$59K
See all 3 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$9.3M
Ln 12
Gifts and grantsLn 1h$8.9M
Fees for servicesLn 2g$487K
Other incomeLn 4–11$1K
Money outPt IX
$9.8M
Ln 25
Programscol B$8.1M
Managementcol C$1.7M
Fundraisingcol D$514
Owns and owesPt X
$5.9M
net assets · Ln 32
Cash and savingsLn 1–2$1.8M
Total assetsLn 16$14.2M
LiabilitiesLn 26$8.4M
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.9M
Government grantsLn 1e$8.3M
Fees for servicesLn 2g$487K
Investment incomeLn 3$339
Other incomeLn 4–11$1K
Total revenueLn 12$9.3M
Assets in detailPt X, end of year
CashLn 1$1.5M
SavingsLn 2$273K
Cash and savings togetherLn 1–2$1.8M
Accounts receivableLn 4$1.9M
Prepaid expenses and deferred chargesLn 9$102K
Land, buildings, equipmentLn 10c$10.4M
InvestmentsLn 11–13$12K
Total assetsLn 16$14.2M
LiabilitiesLn 26$8.4M
Net assetsLn 32$5.9M
OperationsPt I, VI
EmployeesI 5273
VolunteersI 69
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$2.2M$1.8M
InvestmentsLn 11–13$12K$12K
Land, buildings, equipmentLn 10c$10.7M$10.4M
Total assetsLn 16$14.2M$14.2M
LiabilitiesLn 26$7.8M$8.4M
Net assetsLn 32$6.5M$5.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$148K$148K
Other salaries and wagesLn 7$6.0M$5.6M$443K
Pension plan contributionsLn 8$292K$119K$173K
Other employee benefitsLn 9$679K$638K$41K
Payroll taxesLn 10$196K$163K$33K
Management feesLn 11a$247K$247K
Legal feesLn 11b$129K$129K
Accounting feesLn 11c$36K$36K
Other fees for servicesLn 11g$624K$610K$14K
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$116K$22K$94K
Information technologyLn 14$66K$66K
OccupancyLn 16$118K$83K$35K
TravelLn 17$870$870
InterestLn 20$91K$91K
Depreciation, depletion and amortizationLn 22$355K$329K$26K
InsuranceLn 23$138K$138K
Other expenses (24a–d)Ln 24$522K$435K$86K$514
Total functional expensesLn 25$9.8M$8.1M$1.7M$514

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Apr 24, 2026 $12.9M$13.5M−$572K$7.2M 990 PDF
FY2024Filed with the IRS May 15, 2025 $12.5M$13.0M−$590K$7.7M 990 PDF
FY2023Filed with the IRS May 10, 2024 $14.6M$12.3M$2.3M$8.1M 990 PDF
FY2022Filed with the IRS May 1, 2023 $10.7M$11.2M−$572K$5.5M 990 PDF
FY2021 ViewingFiled with the IRS May 16, 2022 $9.3M$9.8M−$425K$5.9M 990 PDF
FY2020Filed with the IRS May 6, 2021 $9.1M$9.8M−$712K$6.5M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $9,340,390 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,237,698$8,851,353
I-9 Program service revenuePrior year $734,619$487,226
I-10 Investment incomePrior year $836$339
I-11 Other revenuePrior year $92,134$1,472
I-12 Total revenuePrior year $9,065,287$9,340,390
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,747,358$7,314,219
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,029,683$2,451,548
I-18 Total expensesPrior year $9,777,041$9,765,767
I-19 Revenue less expensesPrior year −$711,754−$425,377
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $9,340,390 across 7 lines filed
VIII-1e Government grants$8,340,031
VIII-1f All other contributions, gifts and grants$511,322
VIII-1h Total contributions, gifts and grants$8,851,353
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $487,226$487,226
VIII-3 Investment incomeExcluded from tax $339$339
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,472$1,472
VIII-12 Total revenueRelated to mission $488,698 · Unrelated business $0 · Excluded from tax $339$9,340,390
Part IX · Statement of functional expenses $9,765,767 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $147,892$147,892
IX-7 Other salaries and wagesPrograms $5,557,217 · Management $442,605$5,999,822
IX-8 Pension plan contributionsPrograms $119,140 · Management $172,876$292,016
IX-9 Other employee benefitsPrograms $637,583 · Management $41,384$678,967
IX-10 Payroll taxesPrograms $162,933 · Management $32,589$195,522
IX-11a Management feesManagement $247,261$247,261
IX-11b Legal feesManagement $128,599$128,599
IX-11c Accounting feesManagement $36,479$36,479
IX-11g Other fees for servicesPrograms $609,837 · Management $13,917$623,754
IX-12 Advertising and promotionManagement $8,733$8,733
IX-13 Office expensesPrograms $21,875 · Management $94,434$116,309
IX-14 Information technologyManagement $65,844$65,844
IX-16 OccupancyPrograms $82,636 · Management $35,498$118,134
IX-17 TravelPrograms $870$870
IX-20 InterestManagement $90,507$90,507
IX-22 Depreciation, depletion and amortizationPrograms $329,049 · Management $25,717$354,766
IX-23 InsuranceManagement $138,365$138,365
IX-24 Other expenses (24a–d)Programs $435,453 · Management $85,960 · Fundraising $514$521,927
IX-25 Total functional expensesPrograms $8,104,485 · Management $1,660,768 · Fundraising $514$9,765,767
Part X · Balance sheet $14,243,710 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $2,166,062$1,543,334
X-2 Savings and temporary cash investments$272,720
X-4 Accounts receivableStart of year $1,238,069$1,940,228
X-9 Prepaid expenses and deferred chargesStart of year $101,140$102,473
X-10c Land, buildings and equipment, netStart of year $10,721,242$10,373,115
X-11 Publicly traded securitiesStart of year $11,840$11,840
X-16 Total assetsStart of year $14,238,353$14,243,710
X-17 Accounts payable and accrued expensesStart of year $814,219$805,462
X-19 Deferred revenue$57,105
X-23 Secured mortgages and notes payableStart of year $3,588,562$4,756,217
X-24 Unsecured notes and loans payableStart of year $1,299,940$536,100
X-25 Other liabilitiesStart of year $2,053,358$2,210,304
X-26 Total liabilitiesStart of year $7,756,079$8,365,188
X-27 Net assets without donor restrictionsStart of year $6,446,046$5,842,294
X-28 Net assets with donor restrictionsStart of year $36,228$36,228
X-32 Total net assets or fund balancesStart of year $6,482,274$5,878,522
X-33 Total liabilities and net assetsStart of year $14,238,353$14,243,710
Part XI · Reconciliation of net assets $5,878,522 net assets at year end
XI-1 Total revenue$9,340,390
XI-2 Total expenses$9,765,767
XI-3 Revenue less expenses−$425,377
XI-4 Net assets at start of year$6,482,274
XI-9 Other changes in net assets−$178,375
XI-10 Net assets at end of year$5,878,522

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

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