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Nonprofiteer
← CHALLENGE UNLIMITED INC

Form 990 for tax year 2023

Filed by CHALLENGE UNLIMITED INC.

Totals

Total revenue
$2,021,508
Total expenses
$1,764,684
Contributions and grants received
$676,081
Grants paid
$54,144
Program service revenue
$859,799
Investment income
$225,612
Other revenue
$260,016
Total assets, end of year
$6,148,413
Total liabilities, end of year
$1,567,448
Net assets or fund balances, end of year
$4,580,965
Program services expenses (Part IX)
$1,326,987
Management and general expenses
$290,795
Fundraising expenses
$146,902
Program service expenses (Part III)
$1,326,987

Program services were 75.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $153,235

  • 1f · All other contributions, gifts and grants

    $522,846

  • 1g · Noncash contributions included above

    $7,058

  • 2a · Program service revenue: INSTRUCTION REVENUES

    total $711,477 · related or exempt $711,477

  • 2b · Program service revenue: MANAGEMENT FEES

    total $102,000 · related or exempt $102,000

  • 2c · Program service revenue: CAMP FEES

    total $45,622 · related or exempt $45,622

  • 2d · Program service revenue: OTHER PROGRAM FEES

    total $700 · related or exempt $700

  • 3 · Investment income

    total $27,298 · excluded $27,298

  • 7a · Gross sales of assets other than inventory

    other assets $1,419,500

  • 7b · Less cost or other basis and sales expenses

    other assets $1,221,186

  • 7c · Gain or loss

    other assets $198,314

  • 7d · Net gain or loss

    total $198,314 · related or exempt $198,314

  • 8a · Fundraising events: gross income

    $386,079

  • 8a · Fundraising events: contributions included on line 1c

    $153,235

  • 8b · Fundraising events: direct expenses

    $126,063

  • 8c · Net income from fundraising events

    total $260,016 · excluded $260,016

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $54,144 · program services $54,144

  • 5 · Compensation of officers, directors and key employees

    total $85,406 · program services $35,534 · management and general $24,936 · fundraising $24,936

  • 7 · Other salaries and wages

    total $817,237 · program services $679,579 · management and general $98,341 · fundraising $39,317

  • 9 · Other employee benefits

    total $14,627 · program services $10,970 · management and general $1,931 · fundraising $1,726

  • 10 · Payroll taxes

    total $85,480 · program services $64,110 · management and general $11,283 · fundraising $10,087

  • 11b · Fees: legal

    total $14,951 · management and general $14,951

  • 11c · Fees: accounting

    total $18,750 · management and general $18,750

  • 11e · Fees: professional fundraising services

    total $26,178 · fundraising $26,178

  • 11g · Fees: other

    total $39,421 · program services $9,722 · management and general $5,073 · fundraising $24,626

  • 12 · Advertising and promotion

    total $4,597 · fundraising $4,597

  • 13 · Office expenses

    total $45,422 · program services $12,011 · management and general $25,239 · fundraising $8,172

  • 17 · Travel

    total $2,859 · program services $2,859

  • 20 · Interest

    total $53,485 · management and general $53,485

  • 22 · Depreciation, depletion and amortization

    total $121,023 · program services $119,252 · management and general $1,771

  • 23 · Insurance

    total $58,614 · program services $41,515 · management and general $17,099

  • 24a · Other expenses: FARM OPERATIONS

    total $252,432 · program services $252,432

  • 24b · Other expenses: INSTRUCTION AND SUPPORT

    total $34,191 · program services $34,191

  • 24c · Other expenses: TELEPHONE

    total $11,398 · management and general $11,398

  • 24d · Other expenses: FUNDRAISING EXPENSES

    total $11,030 · program services $4,369 · fundraising $6,661

  • 24e · All other expenses

    total $13,439 · program services $6,299 · management and general $6,538 · fundraising $602

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $235,801 · end of year $1,047,973

  • 2 · Savings and temporary cash investments

    beginning of year $247,562 · end of year $536,101

  • 3 · Pledges and grants receivable

    beginning of year $4,500 · end of year $950

  • 4 · Accounts receivable

    beginning of year $18,667 · end of year $33,875

  • 9 · Prepaid expenses and deferred charges

    beginning of year $15,167 · end of year $6,699

  • 10a · Land, buildings and equipment: cost or other basis

    $5,756,301

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,451,587

  • 10c · Land, buildings and equipment, net

    beginning of year $5,355,068 · end of year $4,304,714

  • 11 · Investments: publicly traded securities

    beginning of year $6,253 · end of year $13,314

  • 15 · Other assets

    beginning of year $61,314 · end of year $204,787

  • 17 · Accounts payable and accrued expenses

    beginning of year $91,939 · end of year $132,718

  • 19 · Deferred revenue

    beginning of year $3,090

  • 20 · Tax-exempt bond liabilities

    beginning of year $1,039,516 · end of year $983,925

  • 23 · Secured mortgages and notes payable

    beginning of year $467,015 · end of year $450,805

  • 27 · Net assets without donor restrictions

    beginning of year $3,876,939 · end of year $4,166,459

  • 28 · Net assets with donor restrictions

    beginning of year $465,833 · end of year $414,506

Mission and programs · 2023

Mission

TO PROVIDE THERAPEUTIC, EDUCATIONAL, AND RECREATIONAL OPPORTUNITIES USING THE RESOURCES OF THE FARM AND ITS ENVIRONMENT TO HELP ALL INVOLVED EXPERIENCE JOY AND ENHANCED QUALITY OF LIFE.

Activities or mission (Part I)

TO PROVIDE THERAPEUTIC, EDUCATIONAL, AND RECREATIONAL OPPORTUNITIES USING HORSES AND THE WORKING FARM ENVIRONMENT TO HELP PEOPLE ACHIEVE OPTIMUM QUALITY OF LIFE. CHALLENGE UNLIMITED ALSO ENCOURAGES VOLUNTEER SERVICES FOR PEOPLE OF ALL ABILITIES, THUS BRINGING TOGETHER A DIVERSE POPULATION IN A WHOLESOME VENUE THAT ENCOURAGES SELF-CONFIDENCE AND WELLBEING. SERVICES INCLUDE "HIPPO THERAPY" (OR THERAPY USING THE MOVEMENT OF THE HORSE) THAT ENCOMPASSES PHYSICAL AND OCCUPATIONAL THERAPY, RECREATIONAL THERAPY, HORSEMANSHIP, EDUCATIONAL CLASSES, SUMMER CAMP ACTIVITIES, MENTAL HEALTH AND LEARNING FOR PEOPLE WITH CANCER, VETERANS AND PEOPLE IN RECOVERY FROM ADDICTION, LIFE-SKILLS BUILDING PROGRAMS FOR INDIVIDUALS WITH DISABILITIES, BEHAVIOR DISORDERS AND CHILDREN AND TEENS FROM THE INNER CITIES, AND "TOUCH THERAPY" FOR SENIORS WITH MEMORY IMPAIRMENT.

  • PROVIDE EFFECTIVE THERAPY FOR INDIVIDUALS WITH PHYSICAL,COGNITIVE AND EMOTIONAL DISABILITIES.

    Expenses $1,326,987 · Grants $54,144 · Revenue $859,799

As filed on the 2023 return.

Listed in Part VII

  • Kerri Whalen

    EXECUTIVE DI

    Total calculated
    $74,808
    From this org
    $74,808
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Nancy Greeley

    PRESIDENT

    Total calculated
    $10,598
    From this org
    $10,598
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Ernest Coutermarsh

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2

  • Milissa Moynihan

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Paul Salafia

    CLERK

    Total calculated
    $0
    Hours/week
    2

  • Diane Tower

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Ralph Acaba

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Linda Carpenter Ardito

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Jacqueline Sonnabend

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Michael Breda

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Victoria Bernard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Patrick Lawlor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Claudia Soo Hoo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Dipti Shah

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Robin Gorski-Routhier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 September 2024
IRS schema version
2023v5.0
Source object
202442749349300019

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