Civic Intelligence

The Challenge Foundation Inc

990 • Fiscal year 2018 • EIN 84-1480014

Jun 01, 2017 to May 31, 2018 • Filed on Jan 04, 2019

36 Charlou CircleEnglewood, CO 80111

(720) 203-8888

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

9th percentile

0.01x

Higher debt load relative to revenue than 9% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

89th percentile

45%

Higher net margin than 89% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

66th percentile

6.5%

Faster asset growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

71st percentile

14%

Faster revenue growth than 71% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$20,480,889

Up $1,245,263 (+6.5%) from 2017

Net Assets

Up

$20,437,143

Up $1,224,995 (+6.4%) from 2017

Liabilities

Up

$43,746

Up $20,268 (+86%) from 2017

Revenue

Up

$3,447,515

Up $410,918 (+14%) from 2017

Expenses

Up

$1,908,648

Up $135,579 (+7.6%) from 2017

Net Income

Up

$1,538,867

Up $275,339 (+22%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $12,373,931Liabilities 2011: $6,377Net Assets 2011: $12,367,5542011Assets 2012: $11,791,184Liabilities 2012: $6,238Net Assets 2012: $11,784,9462012Assets 2013: $14,707,376Liabilities 2013: $8,034Net Assets 2013: $14,699,3422013Assets 2014: $16,339,475Liabilities 2014: $7,516Net Assets 2014: $16,331,9592014Assets 2015: $17,806,817Liabilities 2015: $17,552Net Assets 2015: $17,789,2652015Assets 2016: $17,604,172Liabilities 2016: $19,101Net Assets 2016: $17,585,0712016Assets 2017: $19,235,626Liabilities 2017: $23,478Net Assets 2017: $19,212,1482017Assets 2018: $20,480,889Liabilities 2018: $43,746Net Assets 2018: $20,437,1432018Assets 2019: $20,093,951Liabilities 2019: $43,234Net Assets 2019: $20,050,7172019Assets 2020: $1,660,590Liabilities 2020: $116,091Net Assets 2020: $1,544,4992020Assets 2021: $1,818,797Liabilities 2021: $46,180Net Assets 2021: $1,772,6172021Assets 2022: $2,347,047Liabilities 2022: $55,277Net Assets 2022: $2,291,7702022Assets 2023: $5,661,885Liabilities 2023: $68,435Net Assets 2023: $5,593,4502023Assets 2024: $5,745,131Liabilities 2024: $50,557Net Assets 2024: $5,694,5742024Assets 2025: $5,434,171Liabilities 2025: $24,521Net Assets 2025: $5,409,6502025

Highlighted filing

2018

Assets$20,480,889
Liabilities$43,746
Net Assets$20,437,143

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,455,6242011Expenses 2012: $1,300,3682012Expenses 2013: $1,744,2272013Revenue 2014: $3,621,444Expenses 2014: $1,858,034Net Income 2014: $1,763,4102014Revenue 2015: $3,575,916Expenses 2015: $2,062,672Net Income 2015: $1,513,2442015Revenue 2016: $1,810,765Expenses 2016: $1,922,133Net Income 2016: -$111,3682016Revenue 2017: $3,036,597Expenses 2017: $1,773,069Net Income 2017: $1,263,5282017Revenue 2018: $3,447,515Expenses 2018: $1,908,648Net Income 2018: $1,538,8672018Revenue 2019: $2,501,506Expenses 2019: $1,647,431Net Income 2019: $854,0752019Revenue 2020: $1,206,371Expenses 2020: $1,528,579Net Income 2020: -$322,2082020Revenue 2021: $1,562,031Expenses 2021: $1,333,913Net Income 2021: $228,1182021Revenue 2022: $1,824,431Expenses 2022: $1,305,278Net Income 2022: $519,1532022Revenue 2023: $5,010,246Expenses 2023: $1,642,014Net Income 2023: $3,368,2322023Revenue 2024: $1,920,617Expenses 2024: $1,717,129Net Income 2024: $203,4882024Revenue 2025: $1,612,896Expenses 2025: $1,974,034Net Income 2025: -$361,1382025

Highlighted filing

2018

Revenue$3,447,515
Expenses$1,908,648
Net Income$1,538,867
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Jan 4, 2019
Return Version
2017v2.3
Gross Receipts
$3,699,828
Mission and Program Overview

Mission

The challenge foundation was founded to help economically disadvantaged children attain college readiness and graduation through educational opportunities and holistic support from grades six through twelve, followed by continued support during the college years. The challenge foundation supports a six-week summer program for students entering grades six through nine. This program provides additional classroom work, tutoring, mentoring, and extracurricular opportunities to help students make the transition to a rigorous college prep school.

To help economically disadvantaged children attain college readiness

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$9,915,975$9,000,000▼ $915,975
Investments in Publicly Traded Securities$3,624,984$4,814,614▲ $1,189,630
Investments Other Securities$4,663,158$3,531,516▼ $1,131,642
Savings and Temporary Cash Investments$646,963$1,968,940▲ $1,321,977
Cash and Non-Interest-Bearing Accounts$295,683$1,119,102▲ $823,419
Prepaid Expenses and Deferred Charges$79,532$37,558▼ $41,974
Land, Buildings, and Equipment, Net$172--
Total Assets$19,235,626$20,480,889▲ $1,245,263
Other Assets Total$9,159$9,159→ $0
Liabilities
Accounts Payable and Accrued Expenses$23,478$43,746▲ $20,268
Total Liabilities$23,478$43,746▲ $20,268
Net Assets / Fund Balance
Unrestricted Net Assets$15,834,771$16,927,027▲ $1,092,256
Temporarily Rstr Net Assets$3,377,377$3,510,116▲ $132,739
Total Net Assets Fund Balance$19,212,148$20,437,143▲ $1,224,995
Total Liabilities and Net Assets / Fund Balance$19,235,626$20,480,889▲ $1,245,263

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$39,915$39,915
Other Securities$1,705,377--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Arthur D McfallPresident
Alan SmileyBoard Member
Amit MrigBoard Member
Bill BarrettBoard Member
Bill FortuneBoard Member
Brandon JundtBoard Member
Catherine LaskeyBoard Member
Dudley MortonBoard Member
Gene MyersBoard Member
Jason MundyBoard Member
Jim BrownlieBoard Member
Kerron StokesBoard Member
Latrice LeeBoard Member
Laurie StakyBoard Member
Marie JohnsonBoard Member
Matt OsbourneBoard Member
Nora GoldenBoard Member
Zane WayBoard Member
Melissa KilbournBoard Memebr
William SchaeferTreasurer
Janis McfallVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,366,248
Program Service Revenue
$0
Investment Income
$1,081,267
Other Revenue
$0
All Other Contributions
$2,366,248
Change in Net Assets
$1,538,867
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$839,961
Other Expenses$561,517
Salaries, Compensation, and Employee Benefits$507,170
Total Fundraising Expense$60,461
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$839,961--$839,961
Other Salaries and Wages$438,721--$438,721
All Other Expenses$66,454$19,117-$85,571
Travel$56,096$6,406-$62,502
Other Expenses$51,805-$60,461$51,805
Payroll Taxes$36,504--$36,504
Other Employee Benefits$31,945--$31,945
Fees for Services Accounting-$16,862-$16,862
Information Technology$14,427--$14,427
Insurance-$13,934-$13,934
Office Expenses$9,790--$9,790
Conferences and Meetings$1,820--$1,820
Depreciation Depletion$172--$172
Total Functional Expenses$1,791,868$56,319$60,461$1,908,648
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 2

Arthur d. Mcfall janis mcfall president secretary husband and wife

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

A copy of form 990 was provided to the governing board members to review prior to filing the return.

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

The executive director's salary is reviewed and approved by the executive board.

Form 990, Page 6, Part VI, Line 19

The board of directors determines whether the governing documents, conflict of interest policy, and financial statements are available to the public.

Filing and Contact Details

Filer

Filer Name
The Challenge Foundation Inc
EIN
84-1480014
Phone
7202038888
Address
36 CHARLOU CIRCLE, ENGLEWOOD, CO 80111

Signing Officer

Name
Arthur D Mcfall
Title
President
Phone
3037210119
Signed
2019-01-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arthur D Mcfall
Formed
1998
Legal Domicile
Co
Voting Board Members
21
Independent Board Members
21
Employees
9
Volunteers
125

Preparer

Firm
Wipfli Llp
Address
7887 E BELLEVIEW AVE STE 700, ENGLEWOOD, CO 80111-6021
Preparer
Robert E Fabry CPA
Phone
3037590089
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The challenge foundation was founded to help economically disadvantaged children attain college readiness and graduation through educational opportunities and holistic support from grades six through twelve, followed by continued support during the college years. The challenge foundation supports a six-week summer program for students entering grades six through nine. This program provides additional classroom work, tutoring, mentoring, and extracurricular opportunities to help students make the transition to a rigorous college prep school.

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

Activities included workshops, athletics, field trips, college visits and career day throughout the business community. Community service and the graduation ceremony were also important elements.

Raw XML AppendixShowing 400 of 501 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt023478
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt043746
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO HELP ECONOMICALLY DISADVANTAGED CHILDREN ATTAIN COLLEGE READINESS
IRS990/AllOtherContributionsAmt02366248
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt019117
IRS990/AllOtherExpensesGrp/ProgramServicesAmt066454
IRS990/AllOtherExpensesGrp/TotalAmt085571
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BooksInCareOfDetail/PersonNm0ARTHUR D MCFALL
IRS990/BooksInCareOfDetail/PhoneNum07202038888
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt036 CHARLOU CIRCLE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ENGLEWOOD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080111
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0295683
IRS990/CashNonInterestBearingGrp/EOYAmt01119102
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01820
IRS990/ConferencesMeetingsGrp/TotalAmt01820
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02366248
IRS990/CYGrantsAndSimilarPaidAmt0839961
IRS990/CYInvestmentIncomeAmt01081267
IRS990/CYOtherExpensesAmt0561517
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01538867
IRS990/CYSalariesCompEmpBnftPaidAmt0507170
IRS990/CYTotalExpensesAmt01908648
IRS990/CYTotalFundraisingExpenseAmt060461
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03447515
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0172
IRS990/DepreciationDepletionGrp/TotalAmt0172
IRS990/Desc0PROJECT CHALLENGE: PROJECT CHALLENGE WAS A SUMMER PROGRAM HELD AT ST. MARY'S ACADEMY FOR SIX WEEKS. A NUMBER OF ELEMENTARY SCHOOLS WERE SELECTED AS RESOURCES FOR THE SUMMER PROGRAM AND WERE WILLING PARTICIPANTS IN TAKING AN ACTIVE ROLE TO IDENTIFY AND RECRUIT STUDENTS. THESE STUDENTS MUST HAVE HAD ACADEMIC POTENTIAL FOR SUCCESS IN TOP COLLEGE PREP HIGH SCHOOLS. THE SUMMER SCHOOL STAFF CONSISTED OF FOUR MASTER TEACHERS AND FOUR CO-TEACHERS FOR THE SUMMER PROGRAM. ENROLLMENT ACCOMMODATED THIRTY-EIGHT STUDENTS, WHICH PROVIDED THE INDIVIDUAL ATTENTION AND A LOW STUDENT TEACHER RATIO (FIVE TO ONE APPROXIMATELY). THE SIX WEEKS CONSISTED OF A DAILY SCHEDULE CONCENTRATING ON THE CORE COURSES OF LANGUAGE ARTS, MATH, SCIENCE AND COMPUTERS, SPECIAL ACTIVITIES INCLUDED WORKSHOPS, ATHLETICS, FIELD TRIPS, COLLEGE VISITS AND CAREER DAY THROUGHOUT THE BUSINESS COMMUNITY. COMMUNITY SERVICE AND THE GRADUATION CEREMONY WERE ALSO IMPORTANT ELEMENTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0110072
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016862
IRS990/FeesForServicesAccountingGrp/TotalAmt016862
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/PersonNm0ARTHUR D MCFALL
IRS990/Form990PartVIISectionAGrp/PersonNm1JANIS MCFALL
IRS990/Form990PartVIISectionAGrp/PersonNm2WILLIAM SCHAEFER
IRS990/Form990PartVIISectionAGrp/PersonNm3MATT OSBOURNE
IRS990/Form990PartVIISectionAGrp/PersonNm4ALAN SMILEY
IRS990/Form990PartVIISectionAGrp/PersonNm5MELISSA KILBOURN
IRS990/Form990PartVIISectionAGrp/PersonNm6KERRON STOKES
IRS990/Form990PartVIISectionAGrp/PersonNm7ZANE WAY
IRS990/Form990PartVIISectionAGrp/PersonNm8DUDLEY MORTON
IRS990/Form990PartVIISectionAGrp/PersonNm9AMIT MRIG
IRS990/Form990PartVIISectionAGrp/PersonNm10BRANDON JUNDT
IRS990/Form990PartVIISectionAGrp/PersonNm11BILL FORTUNE
IRS990/Form990PartVIISectionAGrp/PersonNm12JIM BROWNLIE
IRS990/Form990PartVIISectionAGrp/PersonNm13CATHERINE LASKEY
IRS990/Form990PartVIISectionAGrp/PersonNm14LAURIE STAKY
IRS990/Form990PartVIISectionAGrp/PersonNm15GENE MYERS
IRS990/Form990PartVIISectionAGrp/PersonNm16NORA GOLDEN
IRS990/Form990PartVIISectionAGrp/PersonNm17MARIE JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm18LATRICE LEE
IRS990/Form990PartVIISectionAGrp/PersonNm19BILL BARRETT
IRS990/Form990PartVIISectionAGrp/PersonNm20JASON MUNDY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMEBR
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt084634
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0839961
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0839961
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0336947
IRS990/GrossReceiptsAmt03699828
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt021
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt014427
IRS990/InformationTechnologyGrp/TotalAmt014427
IRS990/InsuranceGrp/ManagementAndGeneralAmt013934
IRS990/InsuranceGrp/TotalAmt013934
IRS990/InvestmentIncomeGrp/ExclusionAmt0996633
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0996633
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt04663158
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt03531516
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03624984
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04814614
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt039915
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0172
IRS990/LandBldgEquipCostOrOtherBssAmt039915
IRS990/LegalDomicileStateCd0CO
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0252313
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE CHALLENGE FOUNDATION WAS FOUNDED TO HELP ECONOMICALLY DISADVANTAGED CHILDREN ATTAIN COLLEGE READINESS AND GRADUATION THROUGH EDUCATIONAL OPPORTUNITIES AND HOLISTIC SUPPORT FROM GRADES SIX THROUGH TWELVE, FOLLOWED BY CONTINUED SUPPORT DURING THE COLLEGE YEARS. THE CHALLENGE FOUNDATION SUPPORTS A SIX-WEEK SUMMER PROGRAM FOR STUDENTS ENTERING GRADES SIX THROUGH NINE. THIS PROGRAM PROVIDES ADDITIONAL CLASSROOM WORK, TUTORING, MENTORING, AND EXTRACURRICULAR OPPORTUNITIES TO HELP STUDENTS MAKE THE TRANSITION TO A RIGOROUS COLLEGE PREP SCHOOL.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt019212148
IRS990/NetAssetsOrFundBalancesEOYAmt020437143
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt084634
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt084634
IRS990/NetUnrlzdGainsLossesInvstAmt0-313872
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt09790
IRS990/OfficeExpensesGrp/TotalAmt09790
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09159
IRS990/OtherAssetsTotalGrp/EOYAmt09159
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt031945
IRS990/OtherEmployeeBenefitsGrp/TotalAmt031945
IRS990/OtherExpensesGrp/Desc0STUDENT SUPPORT
IRS990/OtherExpensesGrp/Desc1DENVER SUMMER PROGRAM
IRS990/OtherExpensesGrp/Desc2FUNDRAISING/DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3FAMILY SUPPORT
IRS990/OtherExpensesGrp/FundraisingAmt060461
IRS990/OtherExpensesGrp/ProgramServicesAmt0134101
IRS990/OtherExpensesGrp/ProgramServicesAmt1110072
IRS990/OtherExpensesGrp/ProgramServicesAmt251805
IRS990/OtherExpensesGrp/TotalAmt0134101
IRS990/OtherExpensesGrp/TotalAmt1110072
IRS990/OtherExpensesGrp/TotalAmt260461
IRS990/OtherExpensesGrp/TotalAmt351805
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0438721
IRS990/OtherSalariesAndWagesGrp/TotalAmt0438721
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt09915975
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt09000000
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt036504
IRS990/PayrollTaxesGrp/TotalAmt036504
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt079532
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037558
IRS990/PrincipalOfficerNm0ARTHUR D MCFALL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0TUTORING AND MENTORING: THE PROGRAM FLOURISHED DURING THE SCHOOL YEAR WITH ONCE A WEEK TUTORING AND INDIVIDUAL MENTORING. STUDENTS PARTICIPATED IN THE SUMMER PROGRAM AND RECEIVED TUTORING THROUGHOUT THE SCHOOL YEAR AT COLLEGE PREP HIGH SCHOOLS. INTERESTED MEN AND WOMEN FROM THE PROFESSIONAL AND BUSINESS COMMUNITY SERVED AS MENTORS TO THE INDIVIDUAL STUDENTS THROUGHOUT THE YEAR. THEY PROVIDED ENCOURAGEMENT AND ENRICHMENT TO THE STUDENTS IN THEIR ACADEMIC AND SOCIAL SKILLS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0841835
IRS990/ProgSrvcAccomActy3Grp/Desc0SCHOLARSHIPS: WITH SUCCESSFUL PARTICIPATION IN THE SUMMER PROGRAM AND YEAR ROUND ACADEMIC SUCCESS, STUDENTS WILL BE ELIGIBLE FOR SCHOLARSHIPS TO A COLLEGE PREP HIGH SCHOOL AND MIDDLE SCHOOL. THIS INSURES THE MISSION OF THE FOUNDATION OF HELPING DISADVANTAGED YOUTH ACHIEVE ACADEMIC SUCCESS AND BECOME CANDIDATES FOR COLLEGE ADMISSION. THE CHALLENGE FOUNDATION WILL IMPACT APPROXIMATELY SIXTY-SEVEN MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS OPERATING ON AN ANNUAL BUDGET OF APPROXIMATELY 1,500,000 PER YEAR. ITS UNIQUE MISSION IS TO FOLLOW THE SELECTED CHILDREN FROM SIXTH GRADE THROUGH COLLEGE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0839961
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0839961
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02259704
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0819117
IRS990/PYInvestmentIncomeAmt0776893
IRS990/PYOtherExpensesAmt0441249
IRS990/PYRevenuesLessExpensesAmt01263528
IRS990/PYSalariesCompEmpBnftPaidAmt0512703
IRS990/PYTotalExpensesAmt01773069
IRS990/PYTotalRevenueAmt03036597
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01538867
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0646963
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01968940
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02366248
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02259704
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01130442
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01914126
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02662290
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010332810
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0996633
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0770020
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0660873
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01309718
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0959154
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04696398
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.49140
IRS990ScheduleA/PublicSupportPY170Pct00.45290
IRS990ScheduleA/PublicSupportTotal170Amt07385091
IRS990ScheduleA/SubstantialContributorsTotAmt02947719
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02366248
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02259704
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01130442
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01914126
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02662290
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010332810
IRS990ScheduleA/TotalSupportAmt015029208
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039915
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt039915
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01826139
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11705377
IRS990ScheduleD/OtherSecuritiesGrp/Desc0TIMBERLINE FUND LP
IRS990ScheduleD/OtherSecuritiesGrp/Desc1NORTHWESTERN MUTUAL CSV LIFE INS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/TotalBookValueSecuritiesAmt03531516
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0138513
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt154692
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt233120
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt330202
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt4222453
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt56480
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt6348696
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt75805
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SCHOLARSHIPS-COLO ACADEMY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2SCHOLARSHIPS-KENT DENVER
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3SCHOLARSHIPS-ST. ANNE'S
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4SCHOLARSHIPS-ST. MARY'S
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5SCHOLARSHIPS-MULLEN HIGH
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt6SCHOLARSHIPS - LORETTO AC
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt7SCHOLARSHIPS-MPB
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt030
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt19
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt213
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt36
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt433
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt52
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt635

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.43$0.02$5.41$1.61$1.97$0.36
2024Detailed filing. Detailed filing data is available for this year.$5.75$0.05$5.69$1.92$1.72$0.20
2023Detailed filing. Detailed filing data is available for this year.$5.66$0.07$5.59$5.01$1.64$3.37
2022Detailed filing. Detailed filing data is available for this year.$2.35$0.06$2.29$1.82$1.31$0.52
2021Detailed filing. Detailed filing data is available for this year.$1.82$0.05$1.77$1.56$1.33$0.23
2020Detailed filing. Detailed filing data is available for this year.$1.66$0.12$1.54$1.21$1.53$0.32
2019Detailed filing. Detailed filing data is available for this year.$20.1$0.04$20.1$2.50$1.65$0.85
2018Detailed filing. Detailed filing data is available for this year.$20.5$0.04$20.4$3.45$1.91$1.54
2017Detailed filing. Detailed filing data is available for this year.$19.2$0.02$19.2$3.04$1.77$1.26
2016Detailed filing. Detailed filing data is available for this year.$17.6$0.02$17.6$1.81$1.92$0.11
2015Detailed filing. Detailed filing data is available for this year.$17.8$0.02$17.8$3.58$2.06$1.51
2014Detailed filing. Detailed filing data is available for this year.$16.3$0.01$16.3$3.62$1.86$1.76
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$0.01$14.7$1.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.8$0.01$11.8$1.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$0.01$12.4$1.46