Chase the Victory Corporation
Nonprofit profile at a glance
- EIN
- 851151304
- IRS 990 coverage
- 2021–2024
- Forms available
- Form 990 2024, Form 990-N 2020
- Location
- Carrollton, GA, USA
- Phone
- 6787739899
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $502,550
- Expenses
- $441,270
- Assets
- $426,806
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- KIMETRICE MCDANIEL (EXECUTIVE DIRECTOR)
- JOHN D COPELAND (PRESIDENT)
- BRUCE DICKERSON (VICE PRESIDENT)
Highest reported compensation
- KIMETRICE MCDANIEL (EXECUTIVE DIRECTOR): $80,340 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to strengthen the support of families grieving the loss of a child, fighting childhood cancer, and inspire hope and kindness.
What it reported doing in 2024
Family grief retreats - chase the victory provides completely free week-long retreats away at the beach for families who have experienced the loss of a child where they connect with other bereaved families on their path toward healing. The chase the victory family retreat provides a space for broken hearts to come heal, find comfort, and renew their strength. It allows families time to invest in the relationships that matter most. Through the generosity of chase the victory donors, meals, lodging, and all activities are all provided at no cost at all to the bereaved families. Families are given the opportunity to share in a safe space through the serene setting of chase the victory surrounded by love and hope and comfort. Special moments are woven throughout the retreat to celebrate and remember each child. Opportunities are created for siblings and parents to experience community and connect with others walking a similar path. As we serve families who have suffered the loss of a child, we surround each mom, dad, and sibling with overwhelming love and support. Our week-long retreats feed into our ongoing support groups, providing community and lifelong support for each family. On each chase the victory retreat: a faimly is formed. A community is built. Legacies are honored. Lives are changed.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.6%; rating input score 80
- Program expense ratio: 90%; rating input score 90
- Fundraising efficiency: $26.23 raised per $1 spent on fundraising; rating input score 65; 65th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 12.2%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 0.97; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 18.2%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 18.9% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 12.5% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 28.4% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 79.6% of revenue deployed · 90% of spending went to programs
- Governance: 9 of 9 board members independent · 6 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $397K in reported program spending
- Leadership: top reported pay $80K · 10 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Sustainability: Officer compensation ratio scored 17/100.