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Parents Challenge

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

EIN: 841591310 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

Overview

What is Parents Challenge?

Parents Challenge is a nonprofit organization situated in Colorado Springs, Colorado. With just three dedicated individuals, they strive to empower low-income families by providing educational resources and opportunities. This includes offering tuition scholarships, tutoring services, and supplying necessary educational materials. Their mission is to ensure that every child, regardless of their family's income level, has the chance to receive an excellent education. In addition to financial assistance, Parents Challenge conducts advocacy sessions for parents, aiming to equip them with the necessary tools to make informed decisions about their children's education.


Official website here: www.parentschallenge.org

Is Parents Challenge legitimate?

Parents Challenge is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parents Challenge 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: $106,809
Professional Fundraising Fees: $4,373
Other Salaries and Wages: $25,310

For more financial information, click here


Official website here: www.parentschallenge.org

What is the mission statement of Parents Challenge?

Parents Challenge, as an organization, is established with a mission to empower low-income parents by providing them with educational choices. This belief stems from the conviction that every child deserves an excellent education, irrespective of their family's income level. To accomplish this, Parents Challenge offers tuition scholarships, tutoring, and educational supplies. Their activities extend beyond financial aid, including conducting parent advocacy sessions to equip low-income families with the necessary tools and knowledge.


Official website here: www.parentschallenge.org

Who is the CEO of Parents Challenge?

Deborah Hendrix is the Executive Director of Parents Challenge.


Official website here: www.parentschallenge.org

What is the revenue of Parents Challenge?

Parents Challenge's revenue in 2022 was $699,705.


Official website here: www.parentschallenge.org

Who are the executives of Parents Challenge and what are their salaries?

The average compensation at Parents Challenge during 2022 was $44,040. There are 3 employees and 25 volunteers at Parents Challenge.

Here are 12 key members and their salaries:

    Deborah Hendrix (Executive Director)
  • Compensation: $97,775
  • Related: $0
  • Other: $10,902

    • Steve Schuck (Board Chair / Founder) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Everson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Jessee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Al Farr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Gardner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Shugart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Woodford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vance Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Cubero (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Regina Lewis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joyce Schuck (Trustee/ Founder (To 11/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.parentschallenge.org

    Where can I find the form 990 for Parents Challenge?

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


    Official website here: www.parentschallenge.org

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

    Mission Statement of Parents Challenge

    Parents Challenge, as an organization, is dedicated to empowering low-income parents with educational choices. Their mission is rooted in the belief that every child deserves an excellent education, regardless of their family's income. To achieve this, Parents Challenge offers various forms of assistance, including tuition scholarships, tutoring, and educational supplies. By providing these resources, they aim to level the playing field and ensure that financial constraints do not hinder a child's educational opportunities. In essence, Parents Challenge is committed to bridging the educational gap for low-income families, giving their children a chance at a quality education.

    Impact

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




    Wednesday, July 24, 2024

    Parents Challenge's impact is evident in the transformation of low-income families' access to quality education opportunities. By providing scholarships, grants, and parent advocacy sessions, Parents Challenge empowers parents to make informed decisions about their children's education. Through tuition scholarships, tutoring, and educational supplies, the organization ensures that every child, regardless of their family's income, has the opportunity for an excellent education. This results in improved academic outcomes, increased educational attainment, and a brighter future for the children and families served in Colorado Springs, CO.





    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: $246
  • Program Service Revenue: $0
  • Gross Receipts: $699,705

    • Assets and Liabilities:
  • Total Assets: $1,093,672
  • Total Liabilities: $166,210
  • Net Assets: $927,462
  • Organization Details

    Founding Year

    2001

    Principal Officer

    Deborah Hendrix

    Main Address

    2 N Cascade Ave Suite 1280, Colorado Springs, CO, 80903

    NTEE Category

    Code: B82 - Education

    If you are a representative of Parents Challenge 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.