CHALLENGE FOUNDATION INC

As filed

Subsection

03

NTEE code

B82

Classification

1000

Street

4545 S UNIVERSITY BLVD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• CHALLENGE SUMMER PROGRAM:THE CHALLENGE SUMMER PROGRAM IS HELD AT ST MARY'S ACADEMY FOR APPROXIMATELY SIX WEEKS. STUDENTS ARE RISING 6TH, 7TH, 8TH AND 9TH GRADERS. THE STUDENTS MUST HAVE FINANCIAL NEED AND HAVE DEMONSTRATED ACADEMIC SUCCESS. THE SUMMER STAFF CONSISTS OF TEACHERS, CO-TEACHERS AND YEAR ROUND CHALLENGE FOUNDATION STAFF MEMBERS. SUMMER PROGRAM CLASSES ARE LANGUAGE ARTS, MATH AND SCIENCE. ENRICHMENT ACTIVITIES INCLUDE PUBLIC SPEAKING, SWIMMING LESSONS, HIGH ROPES COURSE, DANCE, SPORTS, COLLEGE VISITS, CAREER DAY, FINANCIAL LITERACY AND MUSIC. BREAKFAST, LUNCH AND SNACKS ARE SERVED. TRANSPORTATION IS PROVIDED.

  Expenses $285,288

• TUTORING, 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.

  Expenses $993,912

• SCHOLARSHIPS: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.

  Expenses $604,255 · Grants $604,255

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $1,612,896

  Expenses

  $1,974,034

  Contributions

  $1,931,314

  Grants paid

  $604,255

• 2023

  Revenue

  $1,920,617

  Expenses

  $1,717,129

  Contributions

  $1,571,675

  Grants paid

  $412,465

• 2022

  Revenue

  $5,010,246

  Expenses

  $1,642,014

  Contributions

  $5,006,329

  Grants paid

  $479,788

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $1,824,431

  Expenses

  $1,305,278

  Assets (EOY)

  $2,347,047

• 2020 · 990

  Revenue

  $1,562,031

  Expenses

  $1,333,913

  Assets (EOY)

  $1,818,797

• 2019 · 990

  Revenue

  $1,206,371

  Expenses

  $1,528,579

  Assets (EOY)

  $1,660,590

• 2018 · 990

  Revenue

  $2,501,506

  Expenses

  $1,647,431

  Assets (EOY)

  $20,093,951

• 2017 · 990

  Revenue

  $3,447,515

  Expenses

  $1,908,648

  Assets (EOY)

  $20,480,889

• 2016 · 990

  Revenue

  $3,036,597

  Expenses

  $1,773,069

  Assets (EOY)

  $19,235,626

• 2015 · 990

  Revenue

  $1,810,765

  Expenses

  $1,922,133

  Assets (EOY)

  $17,604,172

• 2014 · 990

  Revenue

  $3,575,916

  Expenses

  $2,062,672

  Assets (EOY)

  $17,806,817

• 2013 · 990

  Revenue

  $3,621,444

  Expenses

  $1,858,034

  Assets (EOY)

  $16,339,475

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $1,744,227

  Assets (EOY)

  $14,707,376

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• CHARLOU FOUNDATION

  $3,296,230

  2022 · TRANSFER CHILD CARE INVESTMENTS

• CHARLOU FOUNDATION

  $202,192

  2024 · AS REQUIRED

• PROSPERITY DENVER FUND

  $172,566

  2024 · TO REIMBURSE FOR SCHOLARSHIPS

• PASO DEL NORTE COMMUNITY FOUNDATION

  $85,458

  2024 · El Paso Giving Day Grant

• PASO DEL NORTE COMMUNITY FOUNDATION

  $80,592

  2023 · El Paso Giving Day Grant

• NATIONAL PHILANTHROPIC TR

  $70,300

  2023 · CULTURE & ARTS

• PASO DEL NORTE COMMUNITY FOUNDATION

  $64,637

  2022 · El Paso Giving Day Grant

• NATIONAL PHILANTHROPIC TR

  $62,500

  2024 · HUMAN SERVICES

• DONOR ADVISED CHARITABLE GIVING

  $50,668

  2022 · EDUCATION

• NATIONAL PHILANTHROPIC TR

  $50,250

  2022 · HUMAN SERVICES

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files