Challenge Program Inc
- Assets
- $1.4m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 21
- Location
- Johnstown, PA
- Founding
- 12/2004
- Data as of
- 06/2024
- EIN
- 20-1644028
Organization Overview
Challenge Program Inc is located in Johnstown, PA. The organization was established in 2004. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2024, Challenge Program Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Challenge Program Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Challenge Program Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $1.7m during the year ending 06/2024. While expenses have increased by 6.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE CHALLENGE PROGAM, INC. IS A NONPROFIT ORGANIZATION WHOSE MISSION IS TO MOTIVATE HIGH SCHOOL STUDENTS TO DEVELOP THE HABITS REQUIRED TO SUCCEED IN SCHOOL AND IN THEIR CAREERS BY BUILDING BUSINESS/EDUCATION PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHALLENGE PROGRAM IS A BRIDGE BETWEEN SCHOOLS AND BUSINESS TO PROVIDE INCENTIVES TO PROMOTE STUDENTS' ACADEMIC SUCCESS. HIGH SCHOOL STUDENTS ARE AWARDED MONETARY INCENTIVES IN FIVE AWARD CATEGORIES: ACADEMIC EXCELLENCE, COMMUNITY SERVICE, STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH), ATTENDANCE AND ACADEMIC IMPROVEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Zatlin Chairman | OfficerTrustee | 10 | $0 |
Daniel Perkins Chairman Eme | OfficerTrustee | 4 | $0 |
Anthony Bucci Vice Chair. | OfficerTrustee | 4 | $0 |
Johnathan Garlow Director | Trustee | 4 | $0 |
Jennifer Howe Director | Trustee | 4 | $0 |
Debbie Cover Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $117,388 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,569,137 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,686,525 |
| Total Program Service Revenue | $0 |
| Investment income | $18,133 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $61,212 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,771,170 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $428,682 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $231,116 |
| Compensation of current officers, directors, key employees. | $39,584 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $622,503 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $73,724 |
| Payroll taxes | $67,074 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,885 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,747 |
| Advertising and promotion | $0 |
| Office expenses | $16,491 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,380 |
| Travel | $47,683 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,426 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,388 |
| Insurance | $6,086 |
| All other expenses | $15,916 |
| Total functional expenses | $1,694,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,600 |
| Savings and temporary cash investments | $1,299,739 |
| Pledges and grants receivable | $30,055 |
| Accounts receivable, net | $200 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $27,059 |
| Net Land, buildings, and equipment | $28,152 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $43,225 |
| Total assets | $1,438,030 |
| Accounts payable and accrued expenses | $387,635 |
| Grants payable | $0 |
| Deferred revenue | $452,625 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $44,544 |
| Total liabilities | $884,804 |
| Net assets without donor restrictions | $553,226 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,438,030 |