Challenge Foundation Inc
Only null% goes to programs Strong reserves
Challenge Foundation Inc is a 501(c)(3) organization based in Englewood, Colorado, registered in 1999, with $1,612,896 in FY2024 revenue. CharityIndex grades it C+.
4545 S University Blvd, Englewood, CO, 80113 EIN 84-1480014 Since 1999
Revenue (FY2024)
$1.6M
▼ 16.0% vs prior year
Education median: $200K
Expenses (FY2024)
$2.0M
Net assets
$5.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Challenge Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating33 mo reserves · -22% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Challenge Foundation Inc: 33 mo reserves · -22% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Challenge Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Challenge Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 4545 S University Blvd, Englewood, CO, 80113
- City
- Englewood
- State
- Colorado
- Category
- Education
- Subcategory
- Student Services & Aid
- Website
- …
Financial trends
Revenue declined from $3.6M (FY2013) to $1.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $25KNet assets $5.4M
Operating margin
-22.4%
Spent more than it raised in the latest fiscal year.
Total assets
$5.4M
Total liabilities
$25K
Net assets
$5.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,612,896▼16.0% | $1,974,034▲15.0% | $5,409,650▼5.0% | $5,434,171▼5.4% | 990 |
| 2023 | $1,920,617▼61.7% | $1,717,129▲4.6% | $5,694,574▲1.8% | $5,745,131▲1.5% | 990 |
| 2022 | $5,010,246▲175% | $1,642,014▲25.8% | $5,593,450▲144% | $5,661,885▲141% | 990 |
| 2021 | $1,824,431▲16.8% | $1,305,278▼2.1% | $2,291,770▲29.3% | $2,347,047▲29.0% | 990 |
| 2020 | $1,562,031▲29.5% | $1,333,913▼12.7% | $1,772,617▲14.8% | $1,818,797▲9.5% | 990 |
| 2019 | $1,206,371▼51.8% | $1,528,579▼7.2% | $1,544,499▼92.3% | $1,660,590▼91.7% | 990 |
| 2018 | $2,501,506▼27.4% | $1,647,431▼13.7% | $20,050,717▼1.9% | $20,093,951▼1.9% | 990 |
| 2017 | $3,447,515▲13.5% | $1,908,648▲7.6% | $20,437,143▲6.4% | $20,480,889▲6.5% | 990 |
| 2016 | $3,036,597▲67.7% | $1,773,069▼7.8% | $19,212,148▲9.3% | $19,235,626▲9.3% | 990 |
| 2015 | $1,810,765▼49.4% | $1,922,133▼6.8% | $17,585,071▼1.1% | $17,604,172▼1.1% | 990 |
| 2014 | $3,575,916▼1.3% | $2,062,672▲11.0% | $17,789,265▲8.9% | $17,806,817▲9.0% | 990 |
| 2013 | $3,621,444 | $1,858,034▲6.5% | $16,331,959▲11.1% | $16,339,475▲11.1% | 990 |
| 2012 | — | $1,744,227▲34.1% | $14,699,342▲24.7% | $14,707,376▲24.7% | 990 |
| 2011 | — | $1,300,368▼10.7% | $11,784,946▼4.7% | $11,791,184▼4.7% | 990 |
| 2010 | — | $1,455,624 | $12,367,554 | $12,373,931 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $2.9M total
63 grants to Challenge Foundation Inc totaling $2.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Colorado Gives Foundation | General purpose | 2024 | $42,038 |
| American Endowment Foundation | Educational | 2024 | $20,000 |
| American Online Giving Foundation Inc | General support | 2024 | $8,057 |
| Rose Community Foundation | General operating support | 2024 | $8,000 |
| National Philanthropic Tr | Culture & arts | 2023 | $70,300 |
| Colorado Gives Foundation | General purpose | 2023 | $44,172 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $19,850 |
| Donor Advised Charitable Giving | Education | 2023 | $19,500 |
| Denver Foundation | Youth development programs | 2023 | $11,000 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $10,000 |
| American Online Giving Foundation Inc | General support | 2023 | $8,406 |
| American Endowment Foundation | Educational | 2023 | $6,000 |
| Denver Foundation | Youth development programs | 2022 | $101,000 |
| Donor Advised Charitable Giving | Education | 2022 | $50,668 |
| National Philanthropic Tr | Human services | 2022 | $50,250 |
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Frequently asked questions
- Is Challenge Foundation Inc a legitimate nonprofit?
- Yes. Challenge Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-1480014, based in Englewood, Colorado. Donations are tax-deductible.
- What is Challenge Foundation Inc's EIN?
- Challenge Foundation Inc's Employer Identification Number (EIN) is 84-1480014.
- How much revenue does Challenge Foundation Inc report?
- Challenge Foundation Inc reported $1,612,896 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Challenge Foundation Inc have?
- CharityIndex grades Challenge Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Challenge Foundation Inc (EIN 84-1480014) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.