2024-08-02T10:53:56-05:00 2023-12-31 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2023-01-01 743091832 FAIR CHANCE FAIR 2024672420 1775 EYE STREET NW 1150 WASHINGTON DC 20006 GRETCHEN VAN DER VEER CHIEF EXECUTIVE OFFICER 2024672420 2024-07-29 1 0 JENNIFER S HAN P00633304 2022937000 2024-07-29 2023 2024-08-08 14:25:15Z X GRETCHEN VAN DER VEER 1775 EYE STREET NW 1150 WASHINGTON DC 20006 2274688 0 X WWW.FAIRCHANCE.ORG X 2003 DC STRENGTHEN SUSTAINABILITY OF COMMUNITY BASED NON-PROFITS TO BENEFIT THOSE EXPERIENCING POVERTY. 16 16 19 150 0 0 2558072 1751179 347062 470258 3258 13308 36735 -85081 2945127 2149664 0 0 0 0 1748388 1832293 0 36900 558145 889366 601278 2637754 2470471 307373 -320807 1895790 1812875 221057 547385 1674733 1265490 X FAIR CHANCE STRENGTHENS COMMUNITY-BASED NONPROFITS TO ACHIEVE LIFE-CHANGING RESULTS FOR CHILDREN, YOUTH, AND FAMILIES IN COMMUNITIES IMPACTED BY RACISM, DISCRIMINATION, AND POVERTY. 0 0 481684 470258 READY FOR WORK NONPROFIT CAPACITY BUILDING INITIATIVE - READY FOR WORK INITIATIVE IS AN INVITATION-ONLY PROGRAM FOR NONPROFITS IN PRINCE GEORGE'S COUNTY, MD. IT IS A 3-YEAR PARTNERSHIP WITH SELECTED NONPROFITS TO HELP IMPROVE ORGANIZATIONAL OUTCOMES AND STRENGTHEN THEIR CAPACITY TO SUPPORT YOUNG PEOPLE IN ACHIEVING THEIR GOALS. INITIATIVE OF THE PG COUNTY AND CO-MANAGED BY YOUTH INVEST PARTNERS. 270302 PATHWAYS PARTNERSHIP - PATHWAYS IS AN 8-MONTH PARTNERSHIP FOR SMALL NONPROFITS (TYPICALLY WITH BUDGETS BETWEEN $50K-$250K) THAT DEEPENS NONPROFIT LEADERS' KNOWLEDGE AND SKILLS ACROSS FOUR KEY AREAS OF AN ORGANIZATION (BOARD DEVELOPMENT, FUNDRAISING, LEADERSHIP & MANAGEMENT, AND PROGRAM EVALUATION) AND PROVIDES TOOLS AND SUPPORT TO ADVANCE THE ORGANIZATION'S MISSION, STABILITY, AND GROWTH. 263146 PRAXIS PARTNERSHIP- PRAXIS FOCUSES ON STRENGTHENING LEADERSHIP AND ORGANIZATIONAL SYSTEMS ACROSS FOUR OR MORE OF THE FOLLOWING AREAS: BOARD DEVELOPMENT, FINANCIAL MANAGEMENT, FUNDRAISING, HUMAN RESOURCES, LEADERSHIP & MANAGEMENT, OUTREACH & COMMUNICATIONS, PLANNING & STRATEGY, AND PROGRAM EVALUATION. 228095 PROGRAM INFRASTURCTURE 287423 OTHER DC PROGRAMS 515518 1530650 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 19 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD VA X GRETCHEN VAN DER VEER 2024672420 1775 EYE STREET NW 1150 WASHINGTON DC 20006 STEVEN MCCULLOUGH VC UNTIL 04/2023); CHAIR (AS OF 04/2023) 2.00 X X 0 0 0 THEODORE KUBIT CHAIR (UNTIL 04/2023) 2.00 X X 0 0 0 MIZMUN KUSAIRI VICE CHAIR 2.00 X X 0 0 0 SARAH JACKSON SECRETARY 2.00 X X 0 0 0 GLENN BARNES TREASURER 2.00 X X 0 0 0 NEKEISIA BOOYER DIRECTOR 2.00 X 0 0 0 VICTOR CARRAWAY DIRECTOR 2.00 X 0 0 0 MARCUS COLEMAN DIRECTOR 2.00 X 0 0 0 BRENDAN COLEMAN DIRECTOR 2.00 X 0 0 0 GEORGIA GILLETTE DIRECTOR 2.00 X 0 0 0 BRENDAN HERRON DIRECTOR 2.00 X 0 0 0 NORMAN IRELAND DIRECTOR 2.00 X 0 0 0 AMANDA MARSHALL DIRECTOR 2.00 X 0 0 0 SONIA WILLIAMS MURPHY DIRECTOR 2.00 X 0 0 0 JIM MYERS DIRECTOR 2.00 X 0 0 0 BENNETT STICHMAN DIRECTOR 2.00 X 0 0 0 JOY ZAREMBKA DIRECTOR 2.00 X 0 0 0 GRETCHEN VAN DER VEER CHIEF EXECUTIVE OFFICER 40.00 X 144724 0 32521 JASON MCCRAY CHIEF OPERATING OFFICER 40.00 X 114927 0 17139 ANN G BIRNBAUM MILES CHIEF PROGRAM OFFICER 40.00 X 118038 0 26399 TAMALA SCOTT CHIEF ADVANCEMENT OFFICER 40.00 X 116014 0 8342 493703 0 84401 4 0 1 0 0 451516 1299663 1625 1751179 CONTRACT REVENUE 541610 470258 470258 470258 13308 13308 39943 451516 125024 -85081 -85081 2149664 470258 0 -71773 X 309311 221350 41878 46083 1233765 724413 186239 323113 25846 15489 3352 7005 144276 80836 26614 36826 119095 73160 17570 28365 63400 63400 36900 36900 310321 298866 8529 2926 106 76 16 14 48697 22052 8143 18502 73977 48037 6879 19061 48998 29546 7730 11722 4097 692 282 3123 24463 8319 3887 12257 1082 1082 10716 4084 5266 1366 BOOKS/MEMBERSHIPS/SUBS. 14507 3176 645 10686 BUSINESS LICENSE/FEES 914 554 164 196 2470471 1530650 381676 558145 313838 418088 405719 317507 1160639 1038011 12374 36049 3220 3220 1895790 1812875 105478 61391 115579 298353 75000 112641 221057 547385 X 796254 401049 878479 864441 1674733 1265490 1895790 1812875 X -320807 -65000 -23436 X X 0 1 X 1 0 X 2808981 1122490 1147723 2558072 1751179 9388445 2808981 1122490 1147723 2558072 1751179 9388445 2420526 6967919 4674 2336 788 3258 13308 24364 9412809 3662527 0.74030 0.93210 X SCHEDULE A, PART II THE FOLLOWING REVENUE AMOUNTS ON SCHEDULE A, PART II HAVE BEEN UPDATED FROM PRIOR 990S IN ORDER TO ACCURATELY REFLECT REVENUE AMOUNTS FROM THEIR RESPECTIVE YEARS AS WELL AS ANY PRIOR PERIOD ADJUSTMENTS THAT AFFECTED PRIOR YEARS. PART II, LINES 1, 3, AND 7 COLUMN(C), 2021 PART II, LINE 12 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 0 X 2169344 31937 31937 2137407 12257 12257 2149664 2513587 31937 23436 55373 2458214 12257 12257 2470471 PART IV, LINE 2B: FAIR CHANCE HOLDS CONTRIBUTIONS ON BEHALF OF OTHERS AND SUBSEQUENTLY TRANSFERS THE CONTRIBUTIONS TO THE DESIGNATED RECIPIENTS. BASED ON THE NATURE OF THESE PASS-THROUGH CONTRIBUTIONS, THE AMOUNTS ARE EXCLUDED FROM FAIR CHANCE'S REVENUES AND EXPENSES IN ACCORDANCE WITH GAAP AS FAIR CHANCE IS NOT CONSIDERED THE PRIMARY BENEFICIARY AND DOES NOT HAVE EXPLICIT VARIANCE POWER OVER THE CONTRIBUTIONS. PART X, LINE 2: FAIR CHANCE FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ASC TOPIC 740-10, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED ON AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT IS FAIR CHANCE'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSES. FAIR CHANCE PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION ON THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. THE STATUTE OF LIMITATIONS GENERALLY REMAINS OPEN FOR THREE TAX YEARS WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH FAIR CHANCE FILES TAX RETURNS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT COSTS OF SPECIAL EVENTS 12,257. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE-OFF OF PRIOR UNCOLLECTIBLE PLEDGES 23,436. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT COSTS OF SPECIAL EVENTS 12,257. X X X X 1 LINZEE FEIGENBAUM 19 JOHNSON ROAD FALMOUTH ME 04105 REVENUE PLANNING, EVENT PLANNING 0 0 20000 -20000 ANTHONY RODELL 300 NEW JERSEY AVENUE NW SUITE 90 WASHINGTON DC 20001 EVENT PLANNING 0 0 8300 -8300 28300 -28300 DC MD VA 2023 BUTTERFLY BASH 418093 385777 32316 1625 22287 52470 28626 ANNUAL DUBLINER GOLF CLASSIC 73366 65739 7627 12360 7656 491459 451516 39943 1625 34647 60126 28626 125024 -85081 X X 0 0 0 0 0 0 0 1 0 GRETCHEN VAN DER VEER CHIEF EXECUTIVE OFFICER 144724 0 0 0 0 0 4440 0 28081 0 177245 0 0 0 PART I, LINE 7 ANN G BIRNBAUM MILES, CHIEF PROGRAM OFFICER, RECEIVED A BONUS OF $1,500 IN 2023. THE BONUS WAS PERFORMANCE BASED WITH DISCRETION INVOLVED. FORM 990, PART VI, SECTION B, LINE 11B THE FULL BOARD OF DIRECTORS RECEIVES THE FINAL COPY OF THE DRAFT FORM 990 FOR REVIEW AND DISCUSSION BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN OFFICER OR DIRECTOR MUST DISCLOSE THE EXISTENCE OF THEIR FINANCIAL INTERESTS IN FAIR CHANCE, INCLUDING BUSINESS AND FAMILY RELATIONSHIPS IN FAIR CHANCE. EACH OFFICER OR DIRECTOR IS REQUIRED TO COMPLETE A CONFLICT-OF INTEREST DISCLOSURE QUESTIONNAIRE ON AN ANNUAL BASIS. ANY POSSIBLE DISCLOSED FINANCIAL INTEREST, OR BUSINESS AND FAMILY RELATIONSHIPS, IS REVIEWED BY THE CEO AND DIRECTOR TO DETERMINE IF A CONFLICT OF INTEREST EXISTS. (NOTE THAT A FINANCIAL INTEREST OR BUSINESS AND FAMILY RELATIONSHIP DOES NOT NECESSARILY CONSTITUTE A CONFLICT OF INTEREST.) IF THE PERSON DISCLOSING THE FINANCIAL INTEREST OR EXISTING BUSINESS AND FAMILY RELATIONSHIPS IS A CURRENT MEMBER OF THE EXECUTIVE COMMITTEE, SAID MEMBER SHALL LEAVE THE MEETING ROOM DURING THE DISCUSSION OF, AND THE VOTE ON, WHETHER A CONFLICT OF INTEREST EXISTS. IF THE EXECUTIVE COMMITTEE DETERMINES A CONFLICT OF INTEREST EXISTS, THE EXECUTIVE COMMITTEE SHALL TAKE APPROPRIATE CORRECTIVE OR DISCIPLINARY ACTIONS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE IS CHARGED WITH OVERSIGHT OF EXECUTIVE COMPENSATION. THE EXECUTIVE COMMITTEE, IN CONSULTATION WITH THE BOARD CHAIR, ESTABLISHES PERFORMANCE METRICS FOR THE CEO. FOLLOWING THE CLOSE OF THE YEAR, THE EXECUTIVE COMMITTEE REVIEWS THE RESULT TO DETERMINE THE OVERALL LEVEL OF PERFORMANCE. THE EXECUTIVE COMMITTEE PROPOSES CHANGES IN COMPENSATION FOR THE CEO ON A REGULAR BASIS. THE LAST COMPENSATION STUDY WAS DONE IN MAY 2022. FORM 990, PART VI, SECTION B, LINE 15B: FAIR CHANCE DOES NOT HAVE A PROCESS FOR DETERMINING THE COMPENSATION OF ITS OFFICERS OTHER THAN THE CHIEF EXECUTIVE OFFICER. FAIR CHANCE DOES NOT HAVE ANY KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 FAIR CHANCE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 283,748. MANAGEMENT AND GENERAL EXPENSES 8,120. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 291,868. TEMPORARY STAFF & INTERNS: PROGRAM SERVICE EXPENSES 11,514. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,514. RECRUITMENT: PROGRAM SERVICE EXPENSES 148. MANAGEMENT AND GENERAL EXPENSES 35. FUNDRAISING EXPENSES 2,527. TOTAL EXPENSES 2,710. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 1,656. MANAGEMENT AND GENERAL EXPENSES 374. FUNDRAISING EXPENSES 399. TOTAL EXPENSES 2,429. AUCTIONEER: PROGRAM SERVICE EXPENSES 1,800. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,800. FORM 990, PART XI, LINE 9: WRITE-OFF OF PRIOR UNCOLLECTIBLE PLEDGES -23,436. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.