Civic Intelligence

Challenge America

990 • Fiscal year 2021 • EIN 27-0868701

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 26, 2022

PO Box 4467Basalt, CO 81621

(970) 279-1323

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.67x

Higher debt load relative to assets than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

0.21x

Higher debt load relative to revenue than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

13th percentile

-38%

Higher net margin than 13% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

98th percentile

$97,723

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 25.3% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

8th percentile

-51%

Faster asset growth than 8% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

47th percentile

0.1%

Faster revenue growth than 47% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$119,957

Down $123,794 (-51%) from 2020

Net Assets

Down

$39,382

Down $147,593 (-79%) from 2020

Liabilities

Up

$80,575

Up $23,799 (+42%) from 2020

Revenue

Up

$385,715

Up $551 (+0.1%) from 2020

Expenses

Up

$533,308

Up $164,965 (+45%) from 2020

Net Income

Down

-$147,593

Down $164,414 (-977%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $152,138Liabilities 2010: $14,558Net Assets 2010: $137,5802010Assets 2011: $443,837Liabilities 2011: $11,591Net Assets 2011: $432,2462011Assets 2012: $594,071Liabilities 2012: $33,541Net Assets 2012: $560,5302012Assets 2013: $365,104Liabilities 2013: $9,757Net Assets 2013: $355,3472013Assets 2014: $382,624Liabilities 2014: $2,086Net Assets 2014: $380,5382014Assets 2015: $581,611Liabilities 2015: $3,723Net Assets 2015: $577,8882015Assets 2016: $417,333Liabilities 2016: $38,215Net Assets 2016: $379,1182016Assets 2017: $220,819Liabilities 2017: $49,426Net Assets 2017: $171,3932017Assets 2018: $393,577Liabilities 2018: $6,686Net Assets 2018: $386,8912018Assets 2019: $68,360Liabilities 2019: $820Net Assets 2019: $67,5402019Assets 2020: $243,751Liabilities 2020: $56,776Net Assets 2020: $186,9752020Assets 2021: $119,957Liabilities 2021: $80,575Net Assets 2021: $39,3822021Assets 2022: $195,264Liabilities 2022: $35,988Net Assets 2022: $159,2762022Assets 2023: $63,039Liabilities 2023: $2,668Net Assets 2023: $60,3712023Assets 2024: $159,952Liabilities 2024: $5,179Net Assets 2024: $154,7732024

Highlighted filing

2021

Assets$119,957
Liabilities$80,575
Net Assets$39,382

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $183,4872010Expenses 2011: $342,8732011Expenses 2012: $197,5102012Revenue 2013: $407,825Expenses 2013: $613,008Net Income 2013: -$205,1832013Revenue 2014: $228,569Expenses 2014: $210,095Net Income 2014: $18,4742014Revenue 2015: $417,123Expenses 2015: $219,773Net Income 2015: $197,3502015Revenue 2016: $125,804Expenses 2016: $319,870Net Income 2016: -$194,0662016Revenue 2017: $132,100Expenses 2017: $339,825Net Income 2017: -$207,7252017Revenue 2018: $683,881Expenses 2018: $468,383Net Income 2018: $215,4982018Revenue 2019: $137,706Expenses 2019: $457,057Net Income 2019: -$319,3512019Revenue 2020: $385,164Expenses 2020: $368,343Net Income 2020: $16,8212020Revenue 2021: $385,715Expenses 2021: $533,308Net Income 2021: -$147,5932021Revenue 2022: $474,740Expenses 2022: $354,846Net Income 2022: $119,8942022Revenue 2023: $138,619Expenses 2023: $262,524Net Income 2023: -$123,9052023Revenue 2024: $622,933Expenses 2024: $528,531Net Income 2024: $94,4022024

Highlighted filing

2021

Revenue$385,715
Expenses$533,308
Net Income-$147,593
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 26, 2022
Return Version
2021v4.0
Gross Receipts
$385,715
Mission and Program Overview

Mission

Challenge america connects service members, veterans and their families to resources and solutions that build community and give purpose to their lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$110,000$90,000▼ $20,000
Savings and Temporary Cash Investments$130,328$26,533▼ $103,795
Prepaid Expenses and Deferred Charges$2,613$2,614▲ $1
Land, Buildings, and Equipment, Net$810$810→ $0
Total Assets$243,751$119,957▼ $123,794
Liabilities
Other Liabilities-$42,567-
Deferred Revenue$32,541$32,541→ $0
Accounts Payable and Accrued Expenses$24,235$5,467▼ $18,768
Total Liabilities$56,776$80,575▲ $23,799
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$166,975$39,382▼ $127,593
Net Assets With Donor Restrictions$20,000--
Total Net Assets Fund Balance$186,975$39,382▼ $147,593
Total Liabilities and Net Assets / Fund Balance$243,751$119,957▼ $123,794

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$810$18,270$19,080
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dallas BlaneyExecutive DiFT$87,807$9,916$97,723

Board Members and Trustees

NameTitle
Matthew McbridePresident
Don ClurmanBoard Member
Dr David BrownBoard Member
Dr Marvin DingleBoard Member
Houston CowanSECRETARY\TR
Zaneta AdamsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$377,528
Program Service Revenue
$0
Investment Income
$26
Other Revenue
$8,161
All Other Contributions
$276,888
Change in Net Assets
$-147,593
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$307,430
Other Expenses$155,238
Total Fundraising Expense$87,740
Grants and Similar Amounts Paid$70,640
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$113,231$7,460$14,498$135,189
Current Officers, Directors, Trustees, and Key Employees$72,463$11,536$13,724$97,723
Grants to Domestic Orgs$70,640--$70,640
Payroll Taxes$50,555$5,832$7,974$64,361
Occupancy$10,062$12,283-$22,345
Information Technology$14,977$3,539$2,735$21,251
Travel$15,671$717$2,221$18,609
Fees for Services Accounting-$11,451-$11,451
Office Expenses$7,171$3,319$901$11,391
Fees for Services Other$8,220$1,000$1,750$10,970
Other Employee Benefits$4,466$5,082$609$10,157
Advertising$6,016$200$1,956$8,172
Insurance$363$3,491-$3,854
Other Expenses$246$21$60$327
All Other Expenses-$133-$133
Fees for Services Legal-$40-$40
Total Functional Expenses$379,444$66,124$87,740$533,308
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hermtac LLCDallas, TX-Maker Challenge$50,640
Electric Church IncLos Angeles, CA-Maker Challenge$10,000
Wareologie LLCMnorthville, MI-Maker Challenge$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Paycheck Protection Program Loan$42,567
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Each member of the board of directors will receive a copy of form 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

Board members are required to report any conflicts of interest on an annual basis. Board members are also required to have an active discussion within the board meetings if a conflict of interest should arise during the year.

Form 990, Page 6, Part VI, Line 15A

The ceo's compensation and benefits are reviewed and approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing and financial documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Challenge America
EIN
27-0868701
Phone
9702791323
Address
PO BOX 4467, BASALT, CO 81621

Signing Officer

Name
Dallas Blaney
Title
Executive Director
Phone
9709230578
Signed
2022-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dallas Blaney
Formed
2009
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
5

Preparer

Firm
Taylor Roth and Company
Address
800 GRANT ST STE 205, DENVER, CO 80203-2944
Preparer
Diane K Granger
Phone
3038308109
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

In 2021, challenge america took dramatic steps to advanced its national mission to improve the lives of veterans and their families. At the turn of the new year, challenge america concluded its year-long collaboration with the veterans health administration innovation ecosystem by showcasing the top innovations from its covid-19 maker challenge program series during a shark tank-style event designed to connect innovators with funders. By the end of this year, these efforts helped catapult three or more products to the marketplace, where the innovations can now benefit veterans and others. Challenge america also launched a new national initiative to build a community for veteran arts and artists. Launched on march 15, this cavarts project gained more than 3,000 members in its first twelve months, spanning all 50 states and 15 countries. Challenge america continued to grow its military sisterhood initiative, with membership exceeding 5,000 members this year. In addition, challenge america collaborated with the va to redesign its music therapy program as an online offering, embarking on a year-long pilot project to test and then expand the program. Finally, challenge america organized, trained, and led a group of severely disabled veterans to the top of mt. Elber, the highest peak in colorado.

Form 990, Part XI

The organization had an independent financial review for the 2020 year. As part of that review, several adjsutments were made to equity, to recognize certain donations and expenses into the correct years. This resulted in a net increase of 102,614 to beginning net assets.

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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MAKER CHALLENGE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1MAKER CHALLENGE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2MAKER CHALLENGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HERMTAC LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1WAREOLOGIE LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ELECTRIC CHURCH INC
IRS990ScheduleI/RecipientTable/RecipientEIN0851027899
IRS990ScheduleI/RecipientTable/RecipientEIN1833811132
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt017217 WATERVIEW PARKWAY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt121603 BEAUFORD LANE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2818 S GRAND AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DALLAS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MNORTHVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2LOS ANGELES
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd290017
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0EACH COMPANY FIELDED A TEAM OF MAKERS IN OUR COVID-19 MAKER CHALLENGE. WE SENT THEM THE FUNDING FOLLOWING A COMPETITIVE VETTING PROCESS TO ENCOURAGE THE TEAMS TO CONTINUE DEVELOPING THEIR PROTOTYPES IN ADVANCE OF OUR FINAL PROGRAM OF THE SERIES, WHICH WAS A SHARK-TANK STYLE EVENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/TotalOtherOrgCnt03
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN 2021, CHALLENGE AMERICA TOOK DRAMATIC STEPS TO ADVANCED ITS NATIONAL MISSION TO IMPROVE THE LIVES OF VETERANS AND THEIR FAMILIES. AT THE TURN OF THE NEW YEAR, CHALLENGE AMERICA CONCLUDED ITS YEAR-LONG COLLABORATION WITH THE VETERANS HEALTH ADMINISTRATION INNOVATION ECOSYSTEM BY SHOWCASING THE TOP INNOVATIONS FROM ITS COVID-19 MAKER CHALLENGE PROGRAM SERIES DURING A SHARK TANK-STYLE EVENT DESIGNED TO CONNECT INNOVATORS WITH FUNDERS. BY THE END OF THIS YEAR, THESE EFFORTS HELPED CATAPULT THREE OR MORE PRODUCTS TO THE MARKETPLACE, WHERE THE INNOVATIONS CAN NOW BENEFIT VETERANS AND OTHERS. CHALLENGE AMERICA ALSO LAUNCHED A NEW NATIONAL INITIATIVE TO BUILD A COMMUNITY FOR VETERAN ARTS AND ARTISTS. LAUNCHED ON MARCH 15, THIS CAVARTS PROJECT GAINED MORE THAN 3,000 MEMBERS IN ITS FIRST TWELVE MONTHS, SPANNING ALL 50 STATES AND 15 COUNTRIES. CHALLENGE AMERICA CONTINUED TO GROW ITS MILITARY SISTERHOOD INITIATIVE, WITH MEMBERSHIP EXCEEDING 5,000 MEMBERS THIS YEAR. IN ADDITION, CHALLENGE AMERICA COLLABORATED WITH THE VA TO REDESIGN ITS MUSIC THERAPY PROGRAM AS AN ONLINE OFFERING, EMBARKING ON A YEAR-LONG PILOT PROJECT TO TEST AND THEN EXPAND THE PROGRAM. FINALLY, CHALLENGE AMERICA ORGANIZED, TRAINED, AND LED A GROUP OF SEVERELY DISABLED VETERANS TO THE TOP OF MT. ELBER, THE HIGHEST PEAK IN COLORADO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER OF THE BOARD OF DIRECTORS WILL RECEIVE A COPY OF FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO REPORT ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS. BOARD MEMBERS ARE ALSO REQUIRED TO HAVE AN ACTIVE DISCUSSION WITHIN THE BOARD MEETINGS IF A CONFLICT OF INTEREST SHOULD ARISE DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CEO'S COMPENSATION AND BENEFITS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING AND FINANCIAL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAD AN INDEPENDENT FINANCIAL REVIEW FOR THE 2020 YEAR. AS PART OF THAT REVIEW, SEVERAL ADJSUTMENTS WERE MADE TO EQUITY, TO RECOGNIZE CERTAIN DONATIONS AND EXPENSES INTO THE CORRECT YEARS. THIS RESULTED IN A NET INCREASE OF 102,614 TO BEGINNING NET ASSETS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 4467
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IRS990/WebsiteAddressTxt0WWW.CHALLENGEAMERICA.COM
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.60$0.05$1.55$6.23$5.29$0.94
2023Detailed filing. Detailed filing data is available for this year.$0.63$0.03$0.60$1.39$2.63$1.24
2022Detailed filing. Detailed filing data is available for this year.$1.95$0.36$1.59$4.75$3.55$1.20
2021Detailed filing. Detailed filing data is available for this year.$1.20$0.81$0.39$3.86$5.33$1.48
2020Detailed filing. Detailed filing data is available for this year.$2.44$0.57$1.87$3.85$3.68$0.17
2019Detailed filing. Detailed filing data is available for this year.$0.68$0.01$0.68$1.38$4.57$3.19
2018Detailed filing. Detailed filing data is available for this year.$3.94$0.07$3.87$6.84$4.68$2.15
2017Detailed filing. Detailed filing data is available for this year.$2.21$0.49$1.71$1.32$3.40$2.08
2016Detailed filing. Detailed filing data is available for this year.$4.17$0.38$3.79$1.26$3.20$1.94
2015Detailed filing. Detailed filing data is available for this year.$5.82$0.04$5.78$4.17$2.20$1.97
2014Detailed filing. Detailed filing data is available for this year.$3.83$0.02$3.81$2.29$2.10$0.18
2013Detailed filing. Detailed filing data is available for this year.$3.65$0.10$3.55$4.08$6.13$2.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.94$0.34$5.61$1.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.44$0.12$4.32$3.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.15$1.38$1.83