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The Challenge Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 841480014 ✦ Cherry hills village, CO ✦ Designated as a 501(c)(3)

Overview

What is The Challenge Foundation Inc?

The Challenge Foundation Inc, located in Cherry Hills Village, Colorado, is a dedicated nonprofit organization with a mission to aid economically disadvantaged children in achieving college readiness. Established with this purpose, the foundation offers educational opportunities and holistic support from grades six through twelve, further extending assistance during their college years. The foundation's flagship project, Project Challenge, was a six-week summer program held at St. Mary's Academy. This program targeted academically promising students from various elementary schools, offering individual attention and a low student-teacher ratio. The curriculum focused on core subjects like language arts, math, science, and computers, complemented by workshops, athletics, field trips, college visits, and career days. Community service and the graduation ceremony were integral parts of the program. The foundation employed a team of eight instructors, consisting of four master teachers and four co-teachers, accommodating 40 students.


Official website here: www.thechallengefoundation.org

Is The Challenge Foundation Inc legitimate?

The Challenge Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Challenge Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $354,621

For more financial information, click here


Official website here: www.thechallengefoundation.org

What is the mission statement of The Challenge Foundation Inc?

The Challenge Foundation Inc., established with a mission to aid economically disadvantaged children, aims to help these children achieve college readiness and graduation. It accomplishes this by providing educational opportunities and holistic support from grades six through twelve, followed by continued assistance during the college years. The organization runs a six-week summer program called Project Challenge, which identifies and recruits academically potential students from various elementary schools. The summer program offers individual attention with a low student-teacher ratio and focuses on core subjects like language arts, math, science, and computers. Special activities such as workshops, athletics, field trips, college visits, career days, community service, and a graduation ceremony are also included in the program.


Official website here: www.thechallengefoundation.org

Who is the CEO of The Challenge Foundation Inc?

Arthur D Mcfall is the Principal Officer of The Challenge Foundation Inc.


Official website here: www.thechallengefoundation.org

What is the revenue of The Challenge Foundation Inc?

The Challenge Foundation Inc's revenue in 2022 was $1,824,431.


Official website here: www.thechallengefoundation.org

Who are the executives of The Challenge Foundation Inc and what are their salaries?

The average compensation at The Challenge Foundation Inc during 2022 was $59,104. There are 6 employees and 140 volunteers at The Challenge Foundation Inc.

Here are 25 key members and their salaries:

    Arthur Mcfall (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janis Mcfall (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Schaefer (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geoff Babbitt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Barrett (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janessa Biller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Brownlie (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Chavez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Cobb (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Fortune (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Frank (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nora Golden (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marie Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brandon Jundt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catherine Laskey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Latrice Lee (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gretchen Mclaughlin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Mundy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gene Myers (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Osborn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Smiley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kerron Stokes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erin Verneris (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zane Way (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adria Staky (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thechallengefoundation.org

    Where can I find the form 990 for The Challenge Foundation Inc?

    The The Challenge Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thechallengefoundation.org

    Learn more at the official website: www.thechallengefoundation.org

    Mission Statement of The Challenge Foundation Inc

    The Challenge Foundation, a non-profit organization, was established with the mission to aid economically disadvantaged children in attaining college readiness. Its primary objective is to provide educational opportunities and holistic support to students from grades six through twelve. This support extends beyond the academic sphere, encompassing their overall development. Once these students have gained entrance into top college-preparatory high schools, The Challenge Foundation continues to provide assistance during their college years.

    The foundation's approach is multifaceted, focusing on both academic and personal growth. One of its initiatives is Project Challenge, a summer program held at St. Mary's Academy. This program selects eligible elementary schools as resources and actively involves them in the identification and recruitment of students with academic potential. The summer school staff, composed of master teachers and co-teachers, ensures a low student-to-teacher ratio, enabling individual attention for the enrolled 40 students.

    The six-week program focuses on core subjects such as language arts, math, science, and computers. In addition to these subjects, special activities like workshops, athletics, field trips, college visits, and career days are organized. Community service and the graduation ceremony are also integral parts of the program. By providing a comprehensive and supportive environment, The Challenge Foundation aims to help economically disadvantaged children overcome barriers and achieve college readiness.

    Impact

    This information is meant to be a general summary of The Challenge Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Challenge Foundation Inc's impact lies in providing economically disadvantaged children with the educational opportunities and holistic support they need to attain college readiness and graduation. Through initiatives like Project Challenge, which offers a comprehensive summer program focusing on core academic subjects, extracurricular activities, college visits, and community engagement, the organization is equipping students with the skills and resources necessary to succeed in top college prep high schools and beyond. By supporting students from grades six through twelve and continuing this support during their college years, The Challenge Foundation is making a profound difference in breaking the cycle of poverty and empowering underserved youth to reach their full potential.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $910
  • Program Service Revenue: $0
  • Gross Receipts: $1,824,431

    • Assets and Liabilities:
  • Total Assets: $2,347,047
  • Total Liabilities: $55,277
  • Net Assets: $2,291,770
  • Organization Details

    Founding Year

    1998

    Principal Officer

    Arthur D Mcfall

    Main Address

    36 CHARLOU CIRCLE, CHERRY HILLS VILLAGE, CO, 80111

    NTEE Category

    Code: B82 - Education

    If you are a representative of The Challenge Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.