Civic Intelligence

The Challenge Foundation Inc

990 • Fiscal year 2025 • EIN 84-1480014

Jun 01, 2024 to May 31, 2025 • Filed on Dec 11, 2025

Organization ProfileWWW.THECHALLENGEFOUNDATION.ORG
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

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

16th percentile

0.02x

Higher debt load relative to revenue than 16% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

9th percentile

-22%

Higher net margin than 9% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

16th percentile

-5.4%

Faster asset growth than 16% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

14th percentile

-16%

Faster revenue growth than 14% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets16th percentile

Assets

Down

$5,434,171

Down $310,960 (-5.4%) from 2024

Net Assets

Down

$5,409,650

Down $284,924 (-5.0%) from 2024

Liabilities

Down

$24,521

Down $26,036 (-51%) from 2024

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin9th percentile

Revenue

Down

$1,612,896

Down $307,721 (-16%) from 2024

Expenses

Up

$1,974,034

Up $256,905 (+15%) from 2024

Net Income

Down

-$361,138

Down $564,626 (-277%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth16th 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

2025

Assets$5,434,171
Liabilities$24,521
Net Assets$5,409,650
Open 2025 Filing

Operations Trend

Revenue Growth14th 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

2025

Revenue$1,612,896
Expenses$1,974,034
Net Income-$361,138
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2024 to May 31, 2025
Signed
Dec 11, 2025
Return Version
2024v5.2
Gross Receipts
$2,286,751
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 in Publicly Traded Securities$2,083,804$3,635,383▲ $1,551,579
Cash and Non-Interest-Bearing Accounts$1,120,150$1,680,699▲ $560,549
Investments Other Securities$2,515,064$103,257▼ $2,411,807
Land, Buildings, and Equipment, Net$8,391$4,858▼ $3,533
Total Assets$5,745,131$5,434,171▼ $310,960
Other Assets Total$17,722$9,974▼ $7,748
Liabilities
Accounts Payable and Accrued Expenses$50,557$24,521▼ $26,036
Total Liabilities$50,557$24,521▼ $26,036
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,697,628$3,500,469▲ $802,841
Net Assets With Donor Restrictions$2,996,946$1,909,181▼ $1,087,765
Total Net Assets Fund Balance$5,694,574$5,409,650▼ $284,924
Total Liabilities and Net Assets / Fund Balance$5,745,131$5,434,171▼ $310,960

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,858$52,722$57,580
Compensation and Service Providers
Top Officer Pay23rd 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
$1,931,314
Program Service Revenue
$0
Investment Income
$-350,760
Other Revenue
$32,342
All Other Contributions
$1,931,314
Change in Net Assets
$-361,138

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$127,004Fair Market Value (FMV)
Total Noncash Contributions2$127,004-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$787,028
Grants and Similar Amounts Paid$604,255
Other Expenses$582,751
Total Fundraising Expense$422
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$647,605--$647,605
Grants to Domestic Individuals$604,255--$604,255
Other Employee Benefits$80,204--$80,204
Fees for Services Management$56,289--$56,289
Payroll Taxes$46,669--$46,669
Fees for Services Accounting$2,479$24,284-$26,763
Office Expenses$1,549$23,227-$24,776
Information Technology$18,896--$18,896
Other Expenses$18,550--$18,550
Insurance-$17,242-$17,242
Pension Plan Contributions$12,550--$12,550
Fees for Services Other-$12,334-$12,334
Travel$2,398$6,622-$9,020
Conferences and Meetings$6,645--$6,645
Depreciation Depletion-$3,533-$3,533
Fees for Service Investment Mgmnt Fees-$2,587-$2,587
All Other Expenses--$422$422
Fees for Services Legal-$328-$328
Total Functional Expenses$1,883,455$90,157$422$1,974,034
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 $185 BY THE CHALLENGE FOUNDATION ARIZONA.No$185
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
2025-12-11
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
8
Volunteers
98

Preparer

Firm
Riley & Co Pc
Address
7887 E BELLEVIEW AVE STE 1100, ENGLEWOOD, CO 80111
Preparer
David M Riley
Phone
3032282275
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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/MissionDesc0THE CHALLENGE FOUNDATION EMPOWERS STUDENTS TO REACH THEIR FULL POTENTIAL THROUGH ACADEMIC SCHOLARSHIPS AND COMPREHENSIVE SUPPORT, BRIDGING THE GAP TO AN EXTRAORDINARY EDUCATION AND LIFELONG SUCCESS.
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IRS990/OtherExpensesGrp/Desc2STUDENT SUPPORT
IRS990/OtherExpensesGrp/Desc3RECRUITMENT/MENTOR EXPE
IRS990/OtherExpensesGrp/ProgramServicesAmt0285288
IRS990/OtherExpensesGrp/ProgramServicesAmt154086
IRS990/OtherExpensesGrp/ProgramServicesAmt245992
IRS990/OtherExpensesGrp/ProgramServicesAmt318550
IRS990/OtherExpensesGrp/TotalAmt0285288
IRS990/OtherExpensesGrp/TotalAmt154086
IRS990/OtherExpensesGrp/TotalAmt245992
IRS990/OtherExpensesGrp/TotalAmt318550
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0K1 INVESTMENT PASS-THRU
IRS990/OtherRevenueMiscGrp/ExclusionAmt032342
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt032342
IRS990/OtherRevenueTotalAmt032342
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0647605
IRS990/OtherSalariesAndWagesGrp/TotalAmt0647605
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt046669
IRS990/PayrollTaxesGrp/TotalAmt046669
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012550
IRS990/PensionPlanContributionsGrp/TotalAmt012550
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GENE MYERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0TUTORING, MENTORING AND ADVISING:THE CHALLENGE FOUNDATION 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/ExpenseAmt0993912
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/ExpenseAmt0604255
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0604255
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01571675
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0412465
IRS990/PYInvestmentIncomeAmt0145327
IRS990/PYOtherExpensesAmt0596645
IRS990/PYOtherRevenueAmt0203615
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0203488
IRS990/PYSalariesCompEmpBnftPaidAmt0708019
IRS990/PYTotalExpensesAmt01717129
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01920617
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-361138
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01931314
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01571675
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01651118
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01823493
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01482306
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08459906
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0-217251
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0343290
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03917
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0938
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06443
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0137337
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.33240
IRS990ScheduleA/PublicSupportPY170Pct00.53060
IRS990ScheduleA/PublicSupportTotal170Amt02858100
IRS990ScheduleA/SubstantialContributorsTotAmt05601806
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01931314
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01571675
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01651118
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01823493
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01482306
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08459906
IRS990ScheduleA/TotalSupportAmt08597243
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/BookValueAmt04858
IRS990ScheduleD/EquipmentGrp/DepreciationAmt052722
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt057580
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04858
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0152335
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1221027
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt273101
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt36700
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt434150
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt5114450
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt62492
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/RecipientCnt118
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt222
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt36
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt415
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt525
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt64
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt77
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0CHALLENGE FOUNDATION ARIZONA
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SHARED BOARD OFFICERS, SHARED EXPENSES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0185
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0INTERCOMPANY RECEIVABLE.AT MAY 31, 2024, CHALLENGE FOUNDATION INC WAS OWED $185 BY THE CHALLENGE FOUNDATION ARIZONA.
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt02
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0127004
IRS990ScheduleM/ThirdPartiesUsedInd00
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/TotalAssetsBOYAmt05745131
IRS990/TotalAssetsEOYAmt05434171
IRS990/TotalAssetsGrp/BOYAmt05745131
IRS990/TotalAssetsGrp/EOYAmt05434171
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01931314
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0422
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt090157
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01883455
IRS990/TotalFunctionalExpensesGrp/TotalAmt01974034
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt050557
IRS990/TotalLiabilitiesEOYAmt024521
IRS990/TotalLiabilitiesGrp/BOYAmt050557
IRS990/TotalLiabilitiesGrp/EOYAmt024521
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05694574
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05409650
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01883455
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-318418
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01612896
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt098
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05745131
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05434171

Document Assets

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Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,434,171
Liabilities
$24,521
Net assets
$5,409,650
Revenue
$1,612,896
Expenses
$1,974,034
Net income
-$361,138
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
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