Liabilities / Assets
89th percentile
Higher debt load relative to assets than 89% of similar nonprofits.
EIN 47-4230865 • 501(c)3 • Augusta, GA
Profile
SEE PART III STMT
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
89th percentile
Higher debt load relative to assets than 89% of similar nonprofits.
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
32nd percentile
Higher net margin than 32% of similar nonprofits.
Top Officer Pay
99th percentile
Higher top officer pay than 99% of similar nonprofits.
Top officer pay equals 42.0% of source-year revenue.
Asset Growth
29th percentile
Faster asset growth than 29% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Assets
Down$57,687
Down $15,934 (-22%) from 2023
Liabilities
Down$29,895
Down $185 (-0.6%) from 2023
Net Assets
Down$27,792
Down $15,749 (-36%) from 2023
Revenue
Down$190,528
Down $7,071 (-3.6%) from 2023
Expenses
Up$206,182
Up $37,279 (+22%) from 2023
Net Income
Down-$15,654
Down $44,350 (-155%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.58 | $0.30 | $0.28 | $1.91 | $2.06 | $0.16 |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.74 | $0.30 | $0.44 | $1.98 | $1.69 | $0.29 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.28 | $0.09 | $0.19 | $0.92 | $1.03 | $0.10 |
SEE PART III STMT
| Description | Grants | Expenses |
|---|---|---|
| Provided Elementary and Middle School education for 18 children | $33,609 | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MAYREATHER WILLIS | Principal | FT | $80,086 | - | $80,086 |
| MELVIN IVEY | President | PT | $0 | - | - |
| SANFORD LOYD | Treasurer | - | $0 | - | - |
| ASHA WILLIS | Director | - | $0 | - | - |
“Description: INSURANCE Amount: 3687”
“Description: FUNDRAISING Amount: 3683”
“Description: PROCESSING FEES Amount: 157”
“Description: SUPPLIES Amount: 22979”
“Description: FOOD Amount: 6274”
“Description: PHONE/INTERNET Amount: 3192”
“Description: OFFICE AND POSTAGE Amount: 1490”
“Description: REPAIRS/MAINTENANCE Amount: 499”
“Description: SUBSCRIPTIONS/DUES Amount: 1857”
“Description: INTEREST Amount: 1037”
“Description: PAYROLL TAXES Amount: 15983”
“Description: MISCELLANEOUS Amount: 340”
“Description: TRANSPORTATION Amount: 3208”
“Description: PENALTIES Amount: -95”
“Description: EQUIPMENT BOY Amount: 22882 EOY Amount: 22882”
“Description: CURRENT LIABILITIES BOY Amount: 5080 EOY Amount: 4895”
“Description: LONG TERM LIABILITIES BOY Amount: 25000 EOY Amount: 25000”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MAYREATHER WILLIS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7064317298 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1948 ELLIS STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | AUGUSTA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30904 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 50739 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 34805 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 59259 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -15654 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 6000 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 73621 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 57687 |
| IRS990EZ/GrossReceiptsAmt | 0 | 190528 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 25000 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | true |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 43541 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 27792 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 43541 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 27792 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 13200 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 60 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 80086 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MELVIN IVEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SANFORD LOYD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ASHA WILLIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MAYREATHER WILLIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | PRINCIPAL |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 22882 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 22882 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -95 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 64386 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE PART III STMT |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 131269 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Provided Elementary and Middle School education for 18 children |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 33609 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 122596 |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 30080 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 29895 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 206182 |
| IRS990EZ/TotalRevenueAmt | 0 | 190528 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 25000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | OPERATING EXPENSES |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 25000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | MELVIN IVEY |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | DIRECTOR |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | true |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 25000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: INSURANCE Amount: 3687 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: FUNDRAISING Amount: 3683 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: PROCESSING FEES Amount: 157 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: SUPPLIES Amount: 22979 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description: FOOD Amount: 6274 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Description: PHONE/INTERNET Amount: 3192 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Description: OFFICE AND POSTAGE Amount: 1490 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Description: REPAIRS/MAINTENANCE Amount: 499 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Description: SUBSCRIPTIONS/DUES Amount: 1857 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Description: INTEREST Amount: 1037 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Description: PAYROLL TAXES Amount: 15983 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Description: MISCELLANEOUS Amount: 340 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Description: TRANSPORTATION Amount: 3208 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Description: PENALTIES Amount: -95 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Description: EQUIPMENT BOY Amount: 22882 EOY Amount: 22882 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Description: CURRENT LIABILITIES BOY Amount: 5080 EOY Amount: 4895 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Description: LONG TERM LIABILITIES BOY Amount: 25000 EOY Amount: 25000 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Part I, line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Part II, line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Part II, line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Part II, line 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MAYREATHER WILLIS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRINCIPAL |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7064317298 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-12-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CHALLENGE PREPARATORY ACADEMY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CHAL |
| ReturnHeader/Filer/EIN | 0 | 474230865 |
| ReturnHeader/Filer/PhoneNum | 0 | 7064317298 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1948 ELLIS STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | AUGUSTA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 30904 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/ReturnTs | 0 | 2025-12-17T18:56:08-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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