Civic Intelligence

Challenger Basic School Inc.

990 • Fiscal year 2023 • EIN 86-1017449

Jul 01, 2022 to Jun 30, 2023 • Filed on May 07, 2024

Organization ProfileCHALLENGERBASIC.COM

View Organization Page

1315 North Greenfield RoadGilbert, AZ 85234

(480) 830-1750

Siviq Scores

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

Liabilities / Assets

71st percentile

0.25x

Higher debt load relative to assets than 71% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.35x

Higher debt load relative to revenue than 75% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

76th percentile

22%

Higher net margin than 76% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

81st percentile

$138,536

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

75th percentile

19%

Faster asset growth than 75% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

43rd percentile

3.0%

Faster revenue growth than 43% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$4,625,977

Up $723,106 (+19%) from 2022

Net Assets

Up

$3,459,468

Up $740,331 (+27%) from 2022

Liabilities

Down

$1,166,509

Down $17,225 (-1.5%) from 2022

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin76th percentile

Revenue

Up

$3,355,742

Up $98,782 (+3.0%) from 2022

Expenses

Up

$2,615,411

Up $72,101 (+2.8%) from 2022

Net Income

Up

$740,331

Up $26,681 (+3.7%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,610,641Liabilities 2011: $2,489,553Net Assets 2011: $121,0882011Assets 2012: $2,763,071Liabilities 2012: $2,532,718Net Assets 2012: $230,3532012Assets 2013: $2,822,629Liabilities 2013: $2,362,771Net Assets 2013: $459,8582013Assets 2014: $2,901,735Liabilities 2014: $2,296,928Net Assets 2014: $604,8072014Assets 2015: $3,093,169Liabilities 2015: $2,277,025Net Assets 2015: $816,1442015Assets 2016: $3,292,162Liabilities 2016: $2,230,321Net Assets 2016: $1,061,8412016Assets 2017: $3,361,813Liabilities 2017: $2,129,640Net Assets 2017: $1,232,1732017Assets 2018: $3,308,918Liabilities 2018: $2,093,222Net Assets 2018: $1,215,6962018Assets 2019: $3,431,470Liabilities 2019: $2,104,043Net Assets 2019: $1,327,4272019Assets 2020: $3,085,794Liabilities 2020: $1,726,502Net Assets 2020: $1,359,2922020Assets 2021: $3,648,465Liabilities 2021: $1,642,978Net Assets 2021: $2,005,4872021Assets 2022: $3,902,871Liabilities 2022: $1,183,734Net Assets 2022: $2,719,1372022Assets 2023: $4,625,977Liabilities 2023: $1,166,509Net Assets 2023: $3,459,4682023Assets 2024: $4,257,591Liabilities 2024: $106,416Net Assets 2024: $4,151,1752024

Highlighted filing

2023

Assets$4,625,977
Liabilities$1,166,509
Net Assets$3,459,468
Open 2023 Filing

Operations Trend

Revenue Growth43rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,749,994Expenses 2011: $1,607,943Net Income 2011: $142,0512011Revenue 2012: $1,879,355Expenses 2012: $1,770,090Net Income 2012: $109,2652012Revenue 2013: $2,096,114Expenses 2013: $1,866,609Net Income 2013: $229,5052013Revenue 2014: $2,048,418Expenses 2014: $1,903,469Net Income 2014: $144,9492014Revenue 2015: $2,292,297Expenses 2015: $2,080,960Net Income 2015: $211,3372015Revenue 2016: $2,368,713Expenses 2016: $2,123,015Net Income 2016: $245,6982016Revenue 2017: $2,327,457Expenses 2017: $2,157,127Net Income 2017: $170,3302017Revenue 2018: $2,072,953Expenses 2018: $2,089,430Net Income 2018: -$16,4772018Revenue 2019: $2,324,863Expenses 2019: $2,213,132Net Income 2019: $111,7312019Revenue 2020: $2,316,370Expenses 2020: $2,284,505Net Income 2020: $31,8652020Revenue 2021: $2,930,399Expenses 2021: $2,284,204Net Income 2021: $646,1952021Revenue 2022: $3,256,960Expenses 2022: $2,543,310Net Income 2022: $713,6502022Revenue 2023: $3,355,742Expenses 2023: $2,615,411Net Income 2023: $740,3312023Revenue 2024: $3,421,238Expenses 2024: $2,729,531Net Income 2024: $691,7072024

Highlighted filing

2023

Revenue$3,355,742
Expenses$2,615,411
Net Income$740,331
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 7, 2024
Return Version
2022v5.0
Gross Receipts
$3,355,742
Mission and Program Overview

Mission

To provide a quality education in every area of the curriculum. Implementation of the spalding reading method will develop skilled readers, critical listeners, accomplished speakers, spellers, and writers. Students will reach their full potential and be lifelong learners through this enhanced back to basics approach to learning.

To provide a quality education in every area of the curriculum. Implementation of the "spalding" reading method will develop skilled readers, critical listeners, accomplished speakers, spellers, and writers. Students will reach their full potential and be lifelong learners through this enhanced "back to basics" approach to learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,008,386$2,668,730▲ $660,344
Land, Buildings, and Equipment, Net$1,761,248$1,801,435▲ $40,187
Pledges and Grants Receivable$113,942$82,038▼ $31,904
Prepaid Expenses and Deferred Charges$19,295$15,286▼ $4,009
Total Assets$3,902,871$4,625,977▲ $723,106
Other Assets Total-$58,488-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,133,798$1,053,041▼ $80,757
Other Liabilities$13,306$75,247▲ $61,941
Accounts Payable and Accrued Expenses$36,630$38,221▲ $1,591
Total Liabilities$1,183,734$1,166,509▼ $17,225
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,494,616$3,149,013▲ $654,397
Net Assets With Donor Restrictions$224,521$310,455▲ $85,934
Total Net Assets Fund Balance$2,719,137$3,459,468▲ $740,331
Total Liabilities and Net Assets / Fund Balance$3,902,871$4,625,977▲ $723,106

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,102,353$1,266,310-
Other Land Buildings$42,329--
Land$571,704--
Equipment$85,049$81,710-
Other Assets Org$33,238--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brad TobinPresidentFT$138,536-$138,536
Deanne TobinVice-presidentFT$134,583-$134,583
Mark ViteBoard Member--$16,400$16,400
Revenue and Support

Revenue Composition

Contributions and Grants
$3,284,009
Program Service Revenue
$0
Investment Income
$36,710
Other Revenue
$35,023
All Other Contributions
$17,898
Change in Net Assets
$740,331

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,269,808
Revenue Not Reported on Financial Statements
$85,934
Other Revenue Adjustments
$85,934
Total Revenue per Audited Statements
$3,269,808
Total Revenue per Form 990
$3,355,742
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,855,373
Other Expenses$760,038
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$905,102$232,080$0$1,137,182
Current Officers, Directors, Trustees, and Key Employees$140,000$140,000$0$280,000
Office Expenses$165,996$18,251$0$184,247
Comp Disqual Persons$89,000$89,000$0$178,000
Occupancy$125,460$31,364$0$156,824
Payroll Taxes$84,643$40,356$0$124,999
Depreciation Depletion$96,762$24,191$0$120,953
Other Employee Benefits$50,409$45,151$0$95,560
Fees for Services Accounting$0$67,400$0$67,400
Fees for Services Other$45,779$13,503$0$59,282
Interest$43,945$10,986$0$54,931
Pension Plan Contributions$27,779$11,853$0$39,632
Insurance$22,026$5,506$0$27,532
Travel$3,200$20,859$0$24,059
Advertising$0$11,960$0$11,960
Other Expenses$0$4,121$0$4,121
Total Functional Expenses$1,834,486$780,925$0$2,615,411

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,615,411
Total Expenses per Audited Statements$2,615,411
Total Expenses per Form 990$2,615,411
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$43,835
Finance Lease Liability$31,412
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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
Filing and Contact Details

Filer

Filer Name
Challenger Basic School Inc
EIN
86-1017449
Phone
4808301750
Address
1315 NORTH GREENFIELD ROAD, GILBERT, AZ 85234

Signing Officer

Name
Brad TOBIN
Title
President
Phone
4808301750
Signed
2024-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Tobin
Formed
2000
Legal Domicile
Az
Voting Board Members
3
Independent Board Members
1
Employees
47
Volunteers
28

Preparer

Firm
Brett V Backlund CPA Pc
Address
1776 E SILVER CREEK CT, GILBERT, AZ 85296
Preparer
Brett V Backlund
Phone
4803614150
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

“Brad tobin and deanne tobin are husband and wife.”

Pt VI, Line 8B

“The school did not utilize committees with authority to act on behalf of the governing body.”

Pt VI, Line 11B

“The form 990 was prepared by an independent cpa as part of the audit engagement, reviewed by mangement, and approved by the board of directors. Once approved, a member of the board of directors signs the form 990 and it is mailed to the irs.”

Pt VI, Line 19

“The school's annual audit is submitted to the arizona state board for charter schools and therefore subject to public record. All other documents are available upon request.”

Financial Statement Notes

Pt XI, Line 4B

“Changes in net assets with donor restrictions”

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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/PensionPlanContributionsGrp/ManagementAndGeneralAmt011853
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt027779
IRS990/PensionPlanContributionsGrp/TotalAmt039632
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0113942
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt082038
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019295
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015286
IRS990/PrincipalOfficerNm0Brad Tobin
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03256698
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0262
IRS990/PYOtherExpensesAmt0753081
IRS990/PYRevenuesLessExpensesAmt0713650
IRS990/PYSalariesCompEmpBnftPaidAmt01790229
IRS990/PYTotalExpensesAmt02543310
IRS990/PYTotalRevenueAmt03256960
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0740331
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03355742
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01102353
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01266310
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02368663
IRS990ScheduleD/EquipmentGrp/BookValueAmt085049
IRS990ScheduleD/EquipmentGrp/DepreciationAmt081710
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0166759
IRS990ScheduleD/ExpensesSubtotalAmt02615411
IRS990ScheduleD/LandGrp/BookValueAmt0571704
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0571704
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt025250
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt133238
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FINANCE LEASE RIGHT-OF-USE ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OPERATING LEASE RIGHT-OF-USE ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt042329
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt042329
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt031412
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt143835
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FINANCE LEASE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OPERATING LEASE LIABILITY
IRS990ScheduleD/OtherRevenuesNotIncludedAmt085934
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt085934
IRS990ScheduleD/RevenueSubtotalAmt03269808
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CHANGES IN NET ASSETS WITH DONOR RESTRICTIONS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01801435
IRS990ScheduleD/TotalBookValueOtherAssetsAmt058488
IRS990ScheduleD/TotalExpensesPerForm990Amt02615411
IRS990ScheduleD/TotalLiabilityAmt075247
IRS990ScheduleD/TotalRevenuePerForm990Amt03355742
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03269808
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02615411
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0DOCUMENTATION REGARDING THE SCHOOL'S NONDISCRIMINATORY POLICY IS PROVIDED TO PARENTS DURING THE REGISTRATION PROCESS. SEE DESCRIPTION ON SCHEDULE E.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVED MONTHLY STATE EQUALIZATION ASSISTANCE, CLASSROOM SITE FUNDS, AND INSTRUTIONAL IMPROVEMENT FUNDS FROM THE STATE OF ARIZONA BASED ON THE NUMBER OF STUDENTS ENROLLED AND ATTENDING THE SCHOOL. IN ADDITION, THE SCHOOL RECEIVED STATE AND FEDERAL GRANTS. THESE FUNDS ARE USED IN ACCORDANCE WITH THE REQUIREMENTS SET FORTH BY THE STATE OF ARIZONA AND THE FEDERAL GOVERNMENT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BRAD TOBIN AND DEANNE TOBIN ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DID NOT UTILIZE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WAS PREPARED BY AN INDEPENDENT CPA AS PART OF THE AUDIT ENGAGEMENT, REVIEWED BY MANGEMENT, AND APPROVED BY THE BOARD OF DIRECTORS. ONCE APPROVED, A MEMBER OF THE BOARD OF DIRECTORS SIGNS THE FORM 990 AND IT IS MAILED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL'S ANNUAL AUDIT IS SUBMITTED TO THE ARIZONA STATE BOARD FOR CHARTER SCHOOLS AND THEREFORE SUBJECT TO PUBLIC RECORD. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AZ
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03902871
IRS990/TotalAssetsEOYAmt04625977
IRS990/TotalAssetsGrp/BOYAmt03902871
IRS990/TotalAssetsGrp/EOYAmt04625977
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03284009
IRS990/TotalEmployeeCnt047
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0780925
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01834486
IRS990/TotalFunctionalExpensesGrp/TotalAmt02615411
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01183734
IRS990/TotalLiabilitiesEOYAmt01166509
IRS990/TotalLiabilitiesGrp/BOYAmt01183734
IRS990/TotalLiabilitiesGrp/EOYAmt01166509
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02719137
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03459468
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01834486
IRS990/TotalReportableCompFromOrgAmt0273119
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt071733
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03355742
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt028
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03902871
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04625977
IRS990/TotReportableCompRltdOrgAmt016400
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt020859
IRS990/TravelGrp/ProgramServicesAmt03200
IRS990/TravelGrp/TotalAmt024059
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01315 N Greenfield Rd
IRS990/USAddress/CityNm0Gilbert
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085234
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0CHALLENGERBASIC.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Brad TOBIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04808301750
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHALLENGER BASIC SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0CHAL
ReturnHeader/Filer/EIN0861017449
ReturnHeader/Filer/PhoneNum04808301750
ReturnHeader/Filer/USAddress/AddressLine1Txt01315 NORTH GREENFIELD ROAD
ReturnHeader/Filer/USAddress/CityNm0GILBERT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085234
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204834300
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRETT V BACKLUND CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01776 E SILVER CREEK CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GILBERT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,625,977
Liabilities
$1,166,509
Net assets
$3,459,468
Revenue
$3,355,742
Expenses
$2,615,411
Net income
$740,331
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.26$0.11$4.15$3.42$2.73$0.69
2023Detailed filing. Detailed filing data is available for this year.$4.63$1.17$3.46$3.36$2.62$0.74
2022Detailed filing. Detailed filing data is available for this year.$3.90$1.18$2.72$3.26$2.54$0.71
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$1.64$2.01$2.93$2.28$0.65
2020Summary only. Only limited summary data is available for this year.$3.09$1.73$1.36$2.32$2.28$0.03
2019Summary only. Only limited summary data is available for this year.$3.43$2.10$1.33$2.32$2.21$0.11
2018Summary only. Only limited summary data is available for this year.$3.31$2.09$1.22$2.07$2.09$0.02
2017Summary only. Only limited summary data is available for this year.$3.36$2.13$1.23$2.33$2.16$0.17
2016Summary only. Only limited summary data is available for this year.$3.29$2.23$1.06$2.37$2.12$0.25
2015Summary only. Only limited summary data is available for this year.$3.09$2.28$0.82$2.29$2.08$0.21
2014Summary only. Only limited summary data is available for this year.$2.90$2.30$0.60$2.05$1.90$0.14
2013Summary only. Only limited summary data is available for this year.$2.82$2.36$0.46$2.10$1.87$0.23
2012Summary only. Only limited summary data is available for this year.$2.76$2.53$0.23$1.88$1.77$0.11
2011Summary only. Only limited summary data is available for this year.$2.61$2.49$0.12$1.75$1.61$0.14