Civic Intelligence

The Challenge Foundation Inc

990 • Fiscal year 2024 • EIN 84-1480014

Jun 01, 2023 to May 31, 2024 • Filed on Jan 28, 2025

Organization ProfileWWW.THECHALLENGEFOUNDATION.ORG

View Organization Page

4545 S University BlvdEnglewood, CO 80113

(303) 209-3364

Siviq Scores

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

Liabilities / Assets

19th percentile

0.01x

Higher debt load relative to assets than 19% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.03x

Higher debt load relative to revenue than 20% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

62nd percentile

11%

Higher net margin than 62% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

39th percentile

1.5%

Faster asset growth than 39% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-62%

Faster revenue growth than 3% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$5,745,131

Up $83,246 (+1.5%) from 2023

Net Assets

Up

$5,694,574

Up $101,124 (+1.8%) from 2023

Liabilities

Down

$50,557

Down $17,878 (-26%) from 2023

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin62nd percentile

Revenue

Down

$1,920,617

Down $3,089,629 (-62%) from 2023

Expenses

Up

$1,717,129

Up $75,115 (+4.6%) from 2023

Net Income

Down

$203,488

Down $3,164,744 (-94%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

2024

Assets$5,745,131
Liabilities$50,557
Net Assets$5,694,574
Open 2024 Filing

Operations Trend

Revenue Growth3rd percentile

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

2024

Revenue$1,920,617
Expenses$1,717,129
Net Income$203,488
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Jan 28, 2025
Return Version
2023v6.0
Gross Receipts
$2,421,965
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
Investments Other Securities$4,042,040$2,515,064▼ $1,526,976
Investments in Publicly Traded Securities$1,088,546$2,083,804▲ $995,258
Cash and Non-Interest-Bearing Accounts$494,734$1,120,150▲ $625,416
Land, Buildings, and Equipment, Net$11,924$8,391▼ $3,533
Prepaid Expenses and Deferred Charges$3,609--
Total Assets$5,661,885$5,745,131▲ $83,246
Other Assets Total$21,032$17,722▼ $3,310
Liabilities
Accounts Payable and Accrued Expenses$68,435$50,557▼ $17,878
Total Liabilities$68,435$50,557▼ $17,878
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,019,509$2,996,946▼ $1,022,563
Net Assets Without Donor Restrictions$1,573,941$2,697,628▲ $1,123,687
Total Net Assets Fund Balance$5,593,450$5,694,574▲ $101,124
Total Liabilities and Net Assets / Fund Balance$5,661,885$5,745,131▲ $83,246

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,391$49,189$57,580
Other Securities$2,515,064--
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Gene MyersPresident
Alan SmileyBoard Member
Ben Valore-caplanBoard Member
Erin VernerisBoard Member
John BirkelbachBoard Member
Kari DavisBoard Member
Latrice Lee McinerneyBoard Member
Mark LivingstonBoard Member
Mary Ellen DaltonBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,571,675
Program Service Revenue
$0
Investment Income
$145,327
Other Revenue
$203,615
All Other Contributions
$1,571,675
Change in Net Assets
$203,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$708,019
Other Expenses$596,645
Grants and Similar Amounts Paid$412,465
Total Fundraising Expense$1,118
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$634,884--$634,884
Grants to Domestic Individuals$412,465--$412,465
Office Expenses$36,183$18,090-$54,273
Fees for Services Management$47,730--$47,730
Other Employee Benefits$41,231--$41,231
Payroll Taxes$23,342--$23,342
Fees for Services Accounting$3,832$15,839-$19,671
Travel$11,159$5,233-$16,392
Insurance-$15,071-$15,071
Other Expenses$13,627-$1,118$13,627
Pension Plan Contributions$8,562--$8,562
Fees for Services Other-$4,164-$4,164
Fees for Services Legal-$3,742-$3,742
Depreciation Depletion-$3,533-$3,533
Information Technology$3,183--$3,183
Fees for Service Investment Mgmnt Fees-$2,562-$2,562
Total Functional Expenses$1,647,777$68,234$1,118$1,717,129
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Shared Board Officers, Shared ExpensesINTERCOMPANY RECEIVABLE.AT MAY 31, 2024, CHALLENGE FOUNDATION INC WAS OWED $7,933 BY THE CHALLENGE FOUNDATION ARIZONA.No$7,933
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
Yes
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, Part VI, Section B, Line 11B

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

Form 990, Part VI, Section B, Line 15A

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

Form 990, Part VI, Section C, Line 18

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

Form 990, Part VI, Section C, 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
3032093364
Address
4545 S UNIVERSITY BLVD, ENGLEWOOD, CO 80113

Signing Officer

Name
Gene Myers
Title
President
Phone
3037074417
Signed
2025-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gene Myers
Formed
1998
Legal Domicile
Co
Voting Board Members
9
Independent Board Members
9
Employees
10
Volunteers
72

Preparer

Firm
Riley & Co Pc
Address
7887 E BELLEVIEW AVE STE 1100, ENGLEWOOD, CO 80111
Preparer
David M Riley
Phone
3032282275
Raw XML AppendixShowing 400 of 441 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.

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IRS990/Desc0CHALLENGE SUMMER PROGRAM:THE CHALLENGE SUMMER PROGRAM IS HELD AT ST MARY'S ACADEMY FOR APPROXIMATELY SIX WEEKS. STUDENTS ARE RISING 6TH, 7TH, 8TH AND 9TH GRADERS. THE STUDENTS MUST HAVE FINANCIAL NEED AND HAVE DEMONSTRATED ACADEMIC SUCCESS. THE SUMMER STAFF CONSISTS OF TEACHERS, CO-TEACHERS AND YEAR ROUND CHALLENGE FOUNDATION STAFF MEMBERS. SUMMER PROGRAM CLASSES ARE LANGUAGE ARTS, MATH AND SCIENCE. ENRICHMENT ACTIVITIES INCLUDE PUBLIC SPEAKING, SCUBA DIVING, SWIMMING LESSONS, HIGH ROPES COURSE, RAFTING, HORSEBACK RIDING, DANCE, SPORTS AND MUSIC. BREAKFAST, LUNCH AND SNACKS ARE SERVED. TRANSPORTATION IS PROVIDED.
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IRS990/OtherExpensesGrp/TotalAmt313627
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0K1 INVESTMENT PASS-THR
IRS990/OtherRevenueMiscGrp/ExclusionAmt0203615
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0203615
IRS990/OtherRevenueTotalAmt0203615
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0634884
IRS990/OtherSalariesAndWagesGrp/TotalAmt0634884
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt023342
IRS990/PayrollTaxesGrp/TotalAmt023342
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08562
IRS990/PensionPlanContributionsGrp/TotalAmt08562
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03609
IRS990/PrincipalOfficerNm0GENE MYERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0TUTORING, MENTORING AND ADVISING:THE CHALLENGE FOUNDATION ARIZONA MATCHES STUDENTS WITH A VOLUNTEER MENTOR WHO PARTNERS WITH THE FAMILY AND THE STAFF TO PROVIDE ON-GOING SUPPORT, ENCOURAGEMENT AND MEANINGFUL EDUCATIONAL EXPERIENCES. THE MENTOR IS A PROFESSIONAL IN OUR COMMUNITY WHO IS TRAINED TO SERVE AS A ROLE MODEL AND TEAM MEMBER IN THE SCHOLARS' EDUCATIONAL JOURNEY. TUTORING IS OFFERED AND ACCESSED AS NEEDED AT EVERY LEVEL OF THE SCHOLARS' EXPERIENCE, FROM 6TH GRADE THROUGH COLLEGE, INCLUDING ACT/SAT PREP. ALL OF THESE SUPPORTS ARE MANAGED BY A CHALLENGE ADVISOR ON STAFF WHO HELPS STUDENTS OVERCOME OBSTACLES IN THEIR PERSONAL AND ACADEMIC LIVES. ADVISORS ATTEND TEACHER CONFERENCES, OBTAIN COMPUTERS, SCHOOL SUPPLIES, ATHLETIC EQUIPMENT, MUSICAL INSTRUMENTS AND COUNSEL THEM THROUGHOUT THE COLLEGE AND FINANCIAL AID APPLICATION PROCESS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0922491
IRS990/ProgSrvcAccomActy3Grp/Desc0SCHOLARSHIPS:THE CHALLENGE FOUNDATION PARTNERS WITH COLLEGE PREPARATORY SCHOOLS TO AWARD SCHOLARSHIPS TO QUALIFIED STUDENTS FROM SIXTH THROUGH TWELFTH GRADES. TO BE ELIGIBLE, FAMILIES DEMONSTRATE FINANCIAL NEED AND STUDENTS DEMONSTRATE YEAR-ROUND ACADEMIC SUCCESS AND COMMITMENT. THE PROGRAM WILL IMPACT APPROXIMATELY 160 STUDENTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0412465
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0412465
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05006329
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0479788
IRS990/PYInvestmentIncomeAmt03917
IRS990/PYOtherExpensesAmt0459019
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt03368232
IRS990/PYSalariesCompEmpBnftPaidAmt0703207
IRS990/PYTotalExpensesAmt01642014
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05010246
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0203488
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01571675
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01651118
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01823493
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01482306
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03672207
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010200799
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0343290
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03917
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0938
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06443
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt017449
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0372037
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.53060
IRS990ScheduleA/PublicSupportPY170Pct00.53000
IRS990ScheduleA/PublicSupportTotal170Amt05610114
IRS990ScheduleA/SubstantialContributorsTotAmt04590685
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01571675
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01651118
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01823493
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01482306
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03672207
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010200799
IRS990ScheduleA/TotalSupportAmt010572836
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt08391
IRS990ScheduleD/EquipmentGrp/DepreciationAmt049189
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt057580
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02515064
IRS990ScheduleD/OtherSecuritiesGrp/Desc0TIMBERLINE FUND LP
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08391
IRS990ScheduleD/TotalBookValueSecuritiesAmt02515064
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0120134
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt127692
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt264962
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt31253
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt444174
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt5121450
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt621523
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt70
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGE SCHOLARSHIPS & SUPPORT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SCHOLARSHIPS - ST MARYS ACADEMY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2SCHOLARSHIPS - COLORADO ACADEMY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3SCHOLARSHIPS - ST ANNES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4SCHOLARSHIPS - KENT DENVER
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5SCHOLARSHIPS - LORETTO
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt6SCHOLARSHIPS - REGIS HS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt7GRALAND COUNTRY DAY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt060
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt121
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt222
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt36
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt414
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt527
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt62
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt77
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0CHALLENGE FOUNDATION ARIZONA
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SHARED BOARD OFFICERS, SHARED EXPENSES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt07933
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0INTERCOMPANY RECEIVABLE.AT MAY 31, 2024, CHALLENGE FOUNDATION INC WAS OWED $7,933 BY THE CHALLENGE FOUNDATION ARIZONA.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS PROVIDED TO THE GOVERNING BOARD MEMBERS TO REVIEW PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED AND APPROVED BY THE EXECUTIVE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS DETERMINES WHETHER THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS DETERMINES WHETHER THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05661885
IRS990/TotalAssetsEOYAmt05745131
IRS990/TotalAssetsGrp/BOYAmt05661885
IRS990/TotalAssetsGrp/EOYAmt05745131
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01571675
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01118
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt068234
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01647777
IRS990/TotalFunctionalExpensesGrp/TotalAmt01717129
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt068435
IRS990/TotalLiabilitiesEOYAmt050557
IRS990/TotalLiabilitiesGrp/BOYAmt068435
IRS990/TotalLiabilitiesGrp/EOYAmt050557
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05593450
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05694574
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01647777
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0343290
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05652
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01920617
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt072
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05661885
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05745131
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt05233
IRS990/TravelGrp/ProgramServicesAmt011159

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,745,131
Liabilities
$50,557
Net assets
$5,694,574
Revenue
$1,920,617
Expenses
$1,717,129
Net income
$203,488
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