Skip to content
Nonprofiteer
← A CHANCE IN LIFE INC

Form 990 for tax year 2022

Filed by A CHANCE IN LIFE INC.

Totals

Total revenue
$3,523,023
Total expenses
$4,067,095
Contributions and grants received
$3,567,841
Grants paid
$2,469,846
Program service revenue
$0
Investment income
$197,169
Other revenue
-$241,987
Total assets, end of year
$3,545,881
Total liabilities, end of year
$108,806
Net assets or fund balances, end of year
$3,437,075
Program services expenses (Part IX)
$3,544,898
Management and general expenses
$293,641
Fundraising expenses
$228,556
Program service expenses (Part III)
$3,544,898

Program services were 87.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $779,371

  • 1f · All other contributions, gifts and grants

    $2,788,470

  • 1g · Noncash contributions included above

    $511,405

  • 3 · Investment income

    total $45,994 · excluded $45,994

  • 7a · Gross sales of assets other than inventory

    securities $791,791

  • 7b · Less cost or other basis and sales expenses

    securities $640,616

  • 7c · Gain or loss

    securities $151,175

  • 7d · Net gain or loss

    total $151,175 · related or exempt $151,175

  • 8a · Fundraising events: gross income

    $153,565

  • 8a · Fundraising events: contributions included on line 1c

    $779,371

  • 8b · Fundraising events: direct expenses

    $399,890

  • 8c · Net income from fundraising events

    total -$246,325 · excluded -$246,325

  • 11a · Other revenue: IRS INTEREST

    total $4,330 · excluded $4,330

  • 11b · Other revenue: MISCELLANEOUS

    total $8 · excluded $8

  • 11e · Other revenue, total

    $4,338

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $94,125 · program services $94,125

  • 2 · Grants to domestic individuals

    total $476,323 · program services $476,323

  • 3 · Grants to foreign organizations and individuals

    total $1,899,398 · program services $1,899,398

  • 5 · Compensation of officers, directors and key employees

    total $283,379 · program services $212,534 · management and general $36,839 · fundraising $34,006

  • 7 · Other salaries and wages

    total $427,508 · program services $320,631 · management and general $55,576 · fundraising $51,301

  • 8 · Pension plan contributions

    total $5,350 · program services $4,013 · management and general $695 · fundraising $642

  • 9 · Other employee benefits

    total $16,500 · program services $12,375 · management and general $2,145 · fundraising $1,980

  • 10 · Payroll taxes

    total $47,835 · program services $35,876 · management and general $6,219 · fundraising $5,740

  • 11a · Fees: management

    total $94,314 · program services $41,110 · management and general $51,922 · fundraising $1,282

  • 11b · Fees: legal

    total $6,456 · program services $1,937 · management and general $4,519

  • 11c · Fees: accounting

    total $49,000 · program services $14,700 · management and general $34,300

  • 11f · Fees: investment management

    total $12,090 · management and general $12,090

  • 11g · Fees: other

    total $23,421 · program services $5,722 · management and general $9,577 · fundraising $8,122

  • 12 · Advertising and promotion

    total $40,510 · program services $12,153 · management and general $52 · fundraising $28,305

  • 13 · Office expenses

    total $36,750 · program services $25,682 · management and general $9,857 · fundraising $1,211

  • 16 · Occupancy

    total $148,039 · program services $118,430 · management and general $22,206 · fundraising $7,403

  • 17 · Travel

    total $83,560 · program services $55,287 · management and general $17,949 · fundraising $10,324

  • 22 · Depreciation, depletion and amortization

    total $81,199 · program services $81,199

  • 23 · Insurance

    total $14,749 · program services $11,062 · management and general $3,318 · fundraising $369

  • 24a · Other expenses: MARKETING & BUSINESS DEV

    total $187,634 · program services $98,020 · management and general $21,634 · fundraising $67,980

  • 24b · Other expenses: COMMUNITY ASSISTANCE

    total $13,615 · program services $13,615

  • 24c · Other expenses: MISCELLANEOUS EXPENSES

    total $12,770 · program services $1,278 · management and general $1,915 · fundraising $9,577

  • 24d · Other expenses: TECHNOLOGY SERVICES

    total $12,570 · program services $9,428 · management and general $2,828 · fundraising $314

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $160,441 · end of year $153,532

  • 2 · Savings and temporary cash investments

    beginning of year $396,260 · end of year $59,335

  • 4 · Accounts receivable

    beginning of year $167,314 · end of year $36,079

  • 8 · Inventories for sale or use

    beginning of year $17,192

  • 9 · Prepaid expenses and deferred charges

    beginning of year $76,523 · end of year $63,896

  • 10a · Land, buildings and equipment: cost or other basis

    $1,126,176

  • 10b · Land, buildings and equipment: accumulated depreciation

    $77,575

  • 10c · Land, buildings and equipment, net

    beginning of year $976,361 · end of year $1,048,601

  • 11 · Investments: publicly traded securities

    beginning of year $2,914,253 · end of year $2,184,438

  • 17 · Accounts payable and accrued expenses

    beginning of year $85,018 · end of year $108,806

  • 27 · Net assets without donor restrictions

    beginning of year $4,623,326 · end of year $3,377,623

  • 28 · Net assets with donor restrictions

    end of year $59,452

Mission and programs · 2022

Mission

THE NATURE OF THE ACTIVITIES TO BE CONDUCTED AND THE PURPOSE TO BE PROMOTED OR CARRIED OUT BY THE ORGANIZATION IS (A) TO SOLICIT FUNDS AND CONTRIBUTIONS TO SUPPORT WORK THROUGHOUT THE WORLD TO PROVIDE A CHANCE IN LIFE AND TO MAKE LASTING, POSITIVE DIFFERENCES IN THE LIVES OF DISADVANTAGED, POOR AND AT-RISK CHILDREN, THEIR FAMILIES, AND THEIR COMMUNITIES, DIRECTLY OR THROUGH OTHER HUMANITARIAN ORGANIZATIONS AND INSTRUMENTALITIES AS THE CORPORATION MAY ELECT TO AID OR ASSIST, OR THROUGH AGENTS OF THE ORGANIZATION ABROAD, AND (B) TO ENGAGE IN CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL ACTIVITIES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

  • SUPPORT ABOUT 73 BOYS AND GIRLS PER YEAR THROUGH "L'OPERA NAZIONALE PER LE CITT DEI RAGAZZI" IN ROME, ITALY, AND "LA REPUBBLICA DEI RAGAZZI" IN CIVITAVECCHIA, ITALY, PROVIDING FOOD, CLOTHING, SCHOLARSHIPS, LODGING AND MEDICAL AND PSYCHOLOGICAL ASSISTANCE. SUPPORT ABOUT 480 BOYS AND GIRLS THROUGH THE CATHOLIC DIOCESE OF EMDIBIR IN ETHIOPIA, PROVIDING FOOD, CLOTHING, SCHOLARSHIPS, LODGING AND MEDICAL AND PSYCHOLOGICAL ASSISTANCE. SUPPORT 10 GIRLS IN UGANDA THROUGH 1 PROGRAM. SUPPORT ABOUT 1,341 BOYS AND GIRLS IN THE STATE OF KERALA, INDIA, THROUGH 13 ORPHANAGES, PROVIDING FOOD, CLOTHING, SCHOLARSHIPS, LODGING AND MEDICAL AND PSYCHOLOGICAL ASSISTANCE. SUPPORT ABOUT 1,515 CHILDREN (818 BOYS AND 697 GIRLS)IN 11 INSTITUTIONS LOCATED IN BOLIVIA, PERU, COLOMBIA AND GUATEMALA,LATIN AMERICA.

    Expenses $3,544,898 · Grants $2,469,846

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Gabriele Delmonaco

    PRESIDENT/CE

    Total calculated
    $283,379
    From this org
    $234,792
    From related orgs
    $0
    Other
    $48,587
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $234,792
    Bonus
    not reported
    Other
    not reported
    Deferred
    $7,044
    Nontaxable benefits
    $41,543
    Filer's total
    $283,379

  • Claire W Gallagher

    V.P. OF DEV

    Total calculated
    $145,917
    From this org
    $141,667
    From related orgs
    $0
    Other
    $4,250
    Hours/week
    40

  • Stephen Bellini

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Kate Bullis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Eugene B Ceccotti

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Guy Chiarello

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Philip Guarnieri

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Herman Hochberg

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Robert Iommazzo

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Jeanine T Margiano

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Lawrence Nibbi

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Roy Van Pelt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Gabriela Pera Piscopo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Emilie Puzio

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Mauro C Romita

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Srii Srinivasan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Timothy Tynan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2023
IRS schema version
2022v5.0
Source object
202301609349300605

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.